I have a bit of a financial situation and could use some guidance. So, my father purchased IPO shares of Prime Bank a while back, and now I’m considering selling them. However, I have a question regarding the bonus shares we received and the potential tax implications. Can anyone shed some light on this?
View on r/NepalStock by Responsible_Rip_OP
A total of 684,454.11 units of bonus shares issued by Reliance Finance Limited (RLFL) have been officially listed on the Nepal Stock Exchange (NEPSE).
This action follows RLFL’s 13th Annual General Meeting, which took place on the 31st of Ashad, where shareholders approved a dividend payout of 6.84% for the fiscal year 2078/79. The decision to distribute this dividend was made during a board of directors meeting held on Jestha 26. The dividend is based on the paid-up capital of the company, which stands at Rs. 1.05 Arba. The dividend includes 6.5% in bonus shares, valued at slightly over Rs. 6.84 crores, as well as 0.34% in cash dividend, which also accounts for taxes, amounting to Rs. 36.02 lakhs.
These bonus shares have now been officially listed and are available for trading on the NEPSE. In the most recent trading session, RLFL concluded at a price of Rs. 311 per share.
The current promoters of Infinity Laghubitta Bittiya Sanstha Limited (ILBS) have initiated an auction of 99,372 shares, making them available to both existing promoter shareholders and the general public or institutions. This auction commenced on the 26th of Ashwin, 2080. Interested parties, including individuals and promoter shareholders, have a 15-day window to place their bids. It is important to note that all bids must be submitted at ILBS’s central office located in Gaidakot, Nawalparasi. The last traded price (LTP) for ILBS as of now is Rs. 622.
In addition to the aforementioned auction, ILBS’s promoters are also offering 66,962 shares exclusively for existing promoter shareholders. This auction, like the previous one, began on the 26th of Ashwin, 2080. Existing promoter shareholders who wish to participate in the auction have the opportunity to do so. However, if no bids are received from the existing founder shareholders during the specified timeframe, these shares will later become open for auction to the general public. Interested investors who fall into this category should ensure that their bids are submitted at ILBS’s central office in Gaidakot, Nawalparasi within 35 days from the date of the notice’s publication. As of September 25, 2023, ILBSP has an LTP of Rs. 380.
The NEPSE index concluded the week at a closing value of 1,874.60, marking a significant decline of 82.32 points, equivalent to 4.21%. In comparison, the index had finished at 1,956.92 the prior week, experiencing a loss of 2.36% from the week before.
Throughout the current week, the NEPSE index displayed a range of fluctuations, reaching its peak at 1,963.80 and hitting its lowest point at 1,870.26. This translated to a considerable level of volatility, with a total range of 93.54 points. The previous week, in contrast, saw a lesser degree of volatility, with fluctuations amounting to 47.66 points.
On the first trading day of the week, Sunday, the NEPSE index recorded its most substantial intraday loss, with a drop of 35.68 points. The total turnover for that day reached Rs 1.80 Arba. Nevertheless, the cumulative turnover for the entire week stood at a significantly higher figure of Rs 7.04 Arba.
Is there anyone willing to sell BNT shares in odd lots ? maybe upto 5 units
View on r/NepalStock by BellArtistic6144
Do anyone know about how can we check IPO results in bulk at a time ? like some code or something
View on r/NepalStock by BellArtistic6144
11:15 paxi ni DNA logged off vanera dekhau xa kina hoola aaja yesto vanera ko.
View on r/NepalStock by Warm-Pomelo-2069
1. Dmat account sidhai broker company bata banauda hunchha?
2. Tesari banauda linked bank ley ipo bharda ra aru transaction garda charge ligchha?
View on r/NepalStock by red_ditey
Citizens Capital Limited has provided an 8% cash dividend to the unit holders of “Citizens Mutual Fund – 2 (CMF2)” directly to their bank accounts, along with encouraging them to convert their physical shares into electronic format.
For the last fiscal year, 2079/2080, the fund declared an 8% return and closed its books on Bhadra 19 to facilitate cash dividend distribution. Starting from the 8th of Ashwin, 2080, the fund initiated the process of depositing these returns into the beneficiary accounts of the unit holders.
Additionally, the company is making a request to unit holders, particularly those who haven’t updated their bank information within their Demat accounts, to consider dematerializing their shares.
Sunrise Capital Limited is delivering a 16% cash dividend for “Sunrise First Mutual Fund” directly to the bank accounts of its unit holders. They have encouraged unit holders to convert their physical shares to electronic format.
The fund had previously declared a 16% return for the fiscal year 2079/2080. Starting from the 26th of Ashwin, 2080, the fund will credit this return to the beneficiary accounts of the unit holders.
Furthermore, the company is urging unit holders, especially those who haven’t updated their bank information in their Demat accounts, to dematerialize their shares.
The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital Limited, situated in Baghdurbar, JDA Complex, Kathmandu.
MBL’s closing price on the previous day was Rs. 205.00.
The Nepal Rastra Bank Employee Union Gandaki chapter is hosting a futsal tournament for banks and financial institutions in the Gandaki province. This event, as mentioned in their media statement, will feature 32 male teams and 16 female teams. The tournament is scheduled to take place on Ashoj 26 and 27, 2080.