Month: September 2023

  • Did I Get Lucky? Need your insight.

    Did I Get Lucky? Need your insight.


    for context, I am a total beginner, I had 12k lying on tms since many months so last week i decided to randomly yolo that 12k in random share. I pressed “T” on my keyboard because why not, TSHL came up, saw the price, decided to quick google search, found the chart in merolagani website, for safe side, decided to google candle stick pattern and found a matching pattern and voila, i’m on 4k profit?
    Did i get lucky?


    View on r/NepalStock by Plastic-Sea69


  • REGARDING CHANGED NAME OF COMPANY

    REGARDING CHANGED NAME OF COMPANY


    HELLO EVERYONE I HAVE SHARES OF COMPANY NAME ACE LAB NEPAL PVT LTD WHICH WAS BOUGHT BY MY FATHER FOR ME , I COULDNT FIND THIS COMPANY NO WHERE, WHAT DO YOU GUYS SUGGEST , HOW DO I FIND THIS COMPANY ?


    View on r/NepalStock by DistributionNo2603


  • REGARDING UNKNOWN OWNED SHARES WHICH I HAVE NO IDEA ABOUT

    REGARDING UNKNOWN OWNED SHARES WHICH I HAVE NO IDEA ABOUT


    HELLO EVERYONE I RECENTLY FOUND A RECIEPT OF RIGHT SHARES OF MY BROTHER OF NMB BANK BUT DONT HAVE PHYSICAL SHARES NOR HAVE WE CREATED HIS DEMAT ACCNT, I WANT TO KNOW IF WE HAVE A WAY TO FIND IF WE HAVE OWNED SHARES OF ANY COMPANY UNDER OUR NAME BUT NO IDEA AT ALL(LOST RECIEPT AND NO PHYSICAL SHARES N NO IDEA ABT COMPANY AS WELL)


    View on r/NepalStock by DistributionNo2603


  • About Right Share blocked amount release

    About Right Share blocked amount release


    Can anybody tell me when will the blocked amount of API and UPPER share be released? Is it written in the prospectus?


    View on r/NepalStock by kunzann


  • Citizenlife Insurance share listing

    Citizenlife Insurance share listing


    Citizenlife insurance ko listing huna kati time lagcha secondary market ma?
    Ani is this share worth buying 10 kitta?


    View on r/NepalStock by Night3lf_257


  • Unable to calculate my holdings for NICLBSL in meroshare. Anyone facing such issue?

    Unable to calculate my holdings for NICLBSL in meroshare. Anyone facing such issue?


    I am not able to calculate holdings for any scrips.

    View post on imgur.com

    All scrips are free and not frozen.


    View on r/NepalStock by roshamns


  • Upper Tamakoshi Hydropower Limited has made the decision to extend the deadline for its rights offering

    Upper Tamakoshi Hydropower Limited has made the decision to extend the deadline for its rights offering


    Upper Tamakoshi Hydropower Limited has made the decision to extend the deadline for its rights offering. The company originally initiated its rights offering on the 18th of Bhadra, 2080, with the intention of closing the offering on the 7th of Ashwin. However, as per an official notice, the rights offering period has been extended, and it will now conclude on the 22nd of Ashwin, 2080.

    This rights offering involves Upper Tamakoshi Hydropower issuing 100% right shares, totaling Rs. 10.59 Arba, through the issuance of 105,900,000 units of right shares to its existing shareholders. Following the adjustment for the proposed right shares, the company’s paid-up capital will see a substantial increase, reaching Rs. 21.18 Arba.

    Sunrise Capital Limited has been appointed as the issue manager responsible for overseeing this rights issue, ensuring its smooth execution and adherence to regulatory procedures.

    The book closure date for this rights offering had initially been set for the 26th of Shrawan, 2080. Consequently, shareholders who have maintained their holdings until this specified date will be considered eligible to participate in the rights offering, allowing them the opportunity to subscribe to additional shares in the company.

  • USLB Promoter Shares Auction Open to General Public and Institutions

    USLB Promoter Shares Auction Open to General Public and Institutions


    The existing promoters of Unnati Sahakarya Laghubitta Bittiya Sanstha (USLB) Limited have initiated an auction process for 4,960 units of shares. This auction is open to interested promoter shareholders, as well as the general public and institutions, and it will run from the 5th Ashwin to the 14th Ashwin, 2080.

    The auction specifically involves 4,960 units of promoter shares of USLB, and eligible participants, including promoter shareholders, the general public, and institutions, can submit their bids. The minimum bid rate for these shares has been set at Rs. 500 per unit, with a requirement that the minimum bid quantity for promoter shares must be 4,960 units.

    The auction management responsibilities are being handled by NIMB Ace Capital, and the opening of bids is scheduled to take place at the premises of the auction manager on the 15th of Ashoj, 2080, at 3 PM.

    As of the current status, USLB has a Last Traded Price (LTP) of Rs. 708, which is relevant information for potential investors considering participation in the auction. This auction provides an opportunity for interested parties to acquire USLB promoter shares at the specified terms and conditions.

  • NIC Asia Bank Announces Book Closure and AGM for 30.5% Dividend Distribution

    NIC Asia Bank Announces Book Closure and AGM for 30.5% Dividend Distribution


    NIC Asia Bank Limited (NICA) has announced important dates and details regarding its upcoming Annual General Meeting (AGM) and dividend distribution. The bank has set the book closure date for its 30.5% dividend from Ashwin 16 to Ashwin 28. Additionally, NICA has scheduled its 26th AGM for the 28th of Ashwin, 2080, to be conducted at the Army Officer’s Club in Sundhara, Kathmandu, commencing at 9 AM.

    One of the primary agendas of this AGM is to seek approval for a 30.5% dividend for the fiscal year 2079/80. This dividend distribution plan includes the issuance of 29% bonus shares and a 1.5% cash dividend, all derived from the bank’s paid-up capital of Rs. 11.56 Arba. Consequently, the bonus shares are valued at Rs. 3.35 Arba, while the cash dividends amount to Rs 17.35 Crores.

    To be eligible for the dividend payout and participation in the AGM, shareholders must be in possession of shares maintained in their name until the 15th of Ashwin. This ensures that those who have held shares up to this specified date are entitled to the proposed dividends and can exercise their voting rights at the upcoming AGM.

  • NEPSE Index Records 1.13% Gain in 4-Day Trading Week with Increased Volatility

    NEPSE Index Records 1.13% Gain in 4-Day Trading Week with Increased Volatility


    During the past week, the Nepal Stock Exchange (NEPSE) experienced four days of trading activity due to a holiday on Wednesday. The week concluded with the NEPSE index closing at 2,029.78 points, reflecting a gain of 22.72 points, which translates to a 1.13% increase. In comparison, the previous week had seen the index closing at 2,007.06 points, marking a significant gain of 3.86% from the week prior.

    Throughout the trading week, the NEPSE index displayed fluctuations, reaching a high of 2,040.03 points and a low of 1,953.15 points. This level of volatility amounted to a substantial 86.88 points. In the preceding week, the index had witnessed slightly lower volatility, with fluctuations of 73.94 points.

    Thursday stood out as the day with the highest intraday loss during the week, recording a drop of 44.35 points, and the day saw a turnover of Rs 3.29 Arba. However, when considering the entire week, the total turnover amounted to a more substantial Rs 7.37 Arba, indicating active trading and investment activities in the market.

    In summary, the NEPSE index demonstrated fluctuations during the four trading days of the week, with a net gain of 22.72 points. This performance follows a notable gain from the previous week, signifying ongoing activity and investor sentiment in the market.

  • Siddhartha Capital’s 12th AGM: Financial Reports, Dividend, and Auditor Appointment on Agenda

    Siddhartha Capital’s 12th AGM: Financial Reports, Dividend, and Auditor Appointment on Agenda


    Siddhartha Capital Limited (SIDCL) has announced its 12th Annual General Meeting (AGM), scheduled for the 25th of Ashwin, 2080 (October 12, 2023). The meeting will convene at Siddhartha Capital’s headquarters in Naxal, Kathmandu, commencing at 4 pm on that day.

    The AGM will address several key agendas, including the endorsement of financial reports for the fiscal year 2079/80. Additionally, the meeting will seek approval for the auditor’s report, which encompasses Profit and Loss (PL) statements, financial reports, and cash flow reports for the same fiscal year. Furthermore, the appointment of an auditor for the upcoming fiscal year 2080/81 will be presented for endorsement.

    One of the significant matters to be discussed and approved during the AGM is the declaration of a 25% cash dividend, which includes taxes and amounts to a total of Rs. 5 crores. This dividend distribution represents an important decision that will impact the company’s shareholders.