Day: November 10, 2023

Got a call asking to apply for shares 1
r/NepalStock

Got a call asking to apply for shares

So I got a call from Prabhu steels and hydro equipment company about it’s ipo coming and if I would like to apply for some shares ? Was it a legit call or a scam? Also should I invest if it’s legit ??? Edit: so I checked their website and the no. from which I […]

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Nepal Warehousing Company IPO for Foreign Nepalese Immigrants Oversubscribed 5.71 Times, Closing Today 3
IPO | FPO

Nepal Warehousing Company IPO for Foreign Nepalese Immigrants Oversubscribed 5.71 Times, Closing Today

Nepal Warehousing Company is set to conclude the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as the closing day. The IPO, which opened on the 10th of Kartik, 2080, has a total issued capital of Rs. 68.75 Crores. Of this, 20%, equivalent to 13,75,000 unit […]

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Citizen Life Insurance Company's Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position 5
Business | Market | Economy

Citizen Life Insurance Company’s Q1 Net Profit Rises 1.60%, Maintains Strong Financial Position

In its recent disclosure of first-quarter financial results for the fiscal year 2080/2081, Citizen Life Insurance Company Limited (CLI) has reported a modest performance, revealing a 1.60% increase in net profit compared to the corresponding quarter of the previous year. The company’s net profit rose from Rs. 7.03 crores to Rs. 7.14 crores in the […]

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Muktinath Krishi Company's Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today 7
Business | Market | Economy

Muktinath Krishi Company’s Foreign Nepalese Immigrants IPO Sees Significant Oversubscription, Closing Today

Muktinath Krishi Company Limited is concluding the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as the closing date. The IPO was initiated on the 10th of Kartik, 2080. With an issued capital of Rs. 70 Crores, the company plans to issue 14,00,000 unit shares worth […]

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Unnati Sahakarya Laghubitta IPO Sees Remarkable 61.90 Times Oversubscription as Closing Day Approaches 9
IPO | FPO

Unnati Sahakarya Laghubitta IPO Sees Remarkable 61.90 Times Oversubscription as Closing Day Approaches

The Initial Public Offering (IPO) of Unnati Sahakarya Laghubitta is set to conclude today and has witnessed overwhelming response from investors, being oversubscribed by 61.90 times as of now. As the closing date of the IPO approaches, Unnati Sahakarya Laghubitta has garnered remarkable interest from the investing community, with the subscription rate reaching an impressive […]

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Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81 11
Business | Market | Economy

Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81

Unilever Nepal Limited (UNL) has disclosed its financial outcomes for the first quarter of the fiscal year 2080/81, showcasing an impressive 62.21% surge in net profit. The company reported a substantial growth, with net profit increasing from Rs. 34.06 Crores to Rs. 55.25 Crores in Q1 of FY 2080-81. Additionally, the revenue for the first […]

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Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81 13
Business | Market | Economy

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to […]

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NEPSE Lists Right Shares: API Power and Multipurpose Finance Company's Successful Allotment and Auction 15
Dividend NEPSE NEWS

NEPSE Lists Right Shares: API Power and Multipurpose Finance Company’s Successful Allotment and Auction

Api Power Company Limited (API) has successfully listed 1,65,33,137 units of right shares on the Nepal Stock Exchange (NEPSE). The company had previously issued a 1:0.4 ratio right share to its shareholders, allowing them to apply for these shares from the 31st of Shrawan to the 19th of Bhadra, 2080. Out of the total right […]

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Shine Resunga Development Bank Announces 15th AGM with 11.05% Dividend Proposal and Strategic Agenda 17
Dividend

Shine Resunga Development Bank Announces 15th AGM with 11.05% Dividend Proposal and Strategic Agenda

Shine Resunga Development Bank Limited (SHINE) has announced its 15th Annual General Meeting (AGM) scheduled for the 23rd of Mangsir, 2080. The venue for the meeting is set at Dreamland Gold Resort & Hotel Pvt. Ltd. in Manigram, Rupandehi, commencing at 11 a.m. on the specified day. One of the key items on the AGM […]

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