Author: Earnmoney.com.np

  • “Dibyashwori Hydropower Appoints Mega Capital Market as Issue Manager for 100% Right Shares Offering”

    “Dibyashwori Hydropower Appoints Mega Capital Market as Issue Manager for 100% Right Shares Offering”


     

    Dibyashwori Hydropower has chosen Mega Capital Market as the issue manager for its upcoming right shares offering to its existing shareholders. According to a media statement, the company will be issuing shares in a 1:1 ratio. A memorandum of understanding (MoU) was signed between the acting CEO of Mega Capital Market, Sulav Shrestha, the marketing head of the bank, Giriraj Pokharel, and the chairman of Dibyashwori Hydropower, Dadiram Niraula, along with Buddha Krishna Manandhar from the hydropower company. The signing took place during a program, as mentioned in the media statement.

     

  • “CorporatePay Surpasses NRs 50 Billion Transaction Milestone in Jestha 2080”

    “CorporatePay Surpasses NRs 50 Billion Transaction Milestone in Jestha 2080”


     

    In the month of Jestha, 2080, the monthly transactions through CORPORATEPAY exceeded NRs. 50 Billion, marking the highest amount for a single month since its launch in Magh 2077. The total transaction value for the current fiscal year has surpassed NRs. 421 Billion, a significant increase from the previous fiscal year’s NRs. 190.5 Billion. The growing usage and acceptance of CORPORATEPAY as the primary B2B payment channel by businesses and institutions have played a crucial role in doubling the transaction volume.

     

  • NEPSE Soars by 56.94 Points, Closes at 2,186.36; Microfinance Index Surges

    NEPSE Soars by 56.94 Points, Closes at 2,186.36; Microfinance Index Surges


     

    The NEPSE index had a positive day as it closed at 2,186.36, gaining 56.94 points compared to the previous trading day. This signifies a gain of 2.67%. Yesterday, the index had also gained 11.69 points. The trading session began at 2,132.61 and reached its lowest point at 2,132.48. However, it quickly rebounded and reached a high of 2,186.68 before settling at 2,186.36 at the end of the day.

    During the day, there were 275 scrips that were traded through 80,398 transactions. A total of 13,107,080 shares were exchanged, amounting to a turnover of Rs. 5.47 Arba. This turnover is higher than the previous trading day’s turnover of Rs. 5.31 Arba.

     

  • Government Grants Holiday for Bakrid; NEPSE Closed

    Government Grants Holiday for Bakrid; NEPSE Closed


    The government has announced a public holiday on Thursday to celebrate Bakrid (Eid-ul-Adha). The Ministry of Home Affairs issued a press release stating that in accordance with the information published in the Nepal gazette, the holiday is granted to observe Bakrid on Ashad 14, 2080. On this day, all public offices, including the Nepal Stock Exchange (NEPSE), will be closed.

     

  • Nepal and India Sign 5-Year Pact for 200 MW Power Supply

    Nepal and India Sign 5-Year Pact for 200 MW Power Supply


    India and Nepal have made a significant agreement for India to purchase 200 megawatts (MW) of electricity from Nepal during the rainy season. The deal will last for five years and is seen as an important step in their long-term electricity trade. Unlike the previous method of selling electricity through a competitive market, this new agreement will provide a steady and reliable supply of power to India.

     

  • Samata Gharelu Laghubitta and Mahuli Laghubitta Bonus Shares Listed on NEPSE

    Samata Gharelu Laghubitta and Mahuli Laghubitta Bonus Shares Listed on NEPSE


     

    Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) recently listed 5,14,116.29 unit bonus shares on the Nepal Stock Exchange (NEPSE). During its 9th Annual General Meeting held on the 11th of Chaitra, the company approved an 18% dividend amounting to Rs. 6.16 Crores for the fiscal year 2078/79. Furthermore, in a board meeting on Magh 20, it was decided to distribute 15% bonus shares worth Rs. 5.14 crore and a 3% cash dividend worth Rs. 1.02 crore from the company’s paid-up capital of Rs. 34.27 Crores. These bonus shares are now available for trading on NEPSE.

     

  • “Manakamana Engineering Hydropower to Issue IPO Shares to Dolakha Locals and Nepali Expats”

    “Manakamana Engineering Hydropower to Issue IPO Shares to Dolakha Locals and Nepali Expats”


     

    “Manakamana Engineering Hydropower Limited Announces IPO for Locals and Nepalese Citizens Abroad”

    Manakamana Engineering Hydropower Limited has released an offer letter for an Initial Public Offering (IPO) specifically targeting project-affected locals from Dolakha District and Nepalese citizens working abroad. The IPO will be open for subscription from the 19th of Ashad to the 2nd of Shrawan, 2080. It is important to note that if the issue is not fully subscribed by the early closing date, it may be extended until Shrawan 17 for the locals of Dolakha District. However, the early closing date will remain fixed for Nepalese citizens working abroad, and no extension will be granted beyond that date.

  • “SEBON Adds 11.19 Lakhs IPO Shares of Him Star Urja Company to Pipeline”

    “SEBON Adds 11.19 Lakhs IPO Shares of Him Star Urja Company to Pipeline”


     

    “Him Star Urja Company Limited’s IPO Proposal Under SEBON Review”

    Him Star Urja Company Limited has submitted a proposal to SEBON, the capital market regulator, for an initial public offering (IPO). The company plans to issue 1,119,000 shares, which will generate a capital of Rs. 11.19 crores. The application was submitted on Jestha 31, 2080. NIC Asia Capital has been appointed as the issue manager for the public offering.

     

  • “Dibyashwari Hydropower Company Proposes 100% Right Share Issuance”

    “Dibyashwari Hydropower Company Proposes 100% Right Share Issuance”


    Dibyashwari Hydropower Company Limited (DHPL) recently held a Board of Directors (BOD) meeting where they proposed to issue 100% right shares to their shareholders. Currently, DHPL has 2,640,000 unit shares listed in the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 26.40 Crores. With the issuance of the proposed right shares, the company’s paid-up capital will increase to Rs. 52.8 Crores. DHPL intends to utilize the funds raised from this issuance to clear the loans it has taken from banks.

     

  • Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed

    Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed


    The IPO allotment of Nepal Republic Media Limited has been completed today at Hotel Aloft in Chhaya Center, Thamel, Kathmandu. Nepal Republic Media Limited had issued 35,25,930 units worth Rs 35.25 crores as an IPO for the general public from Jestha 26-30, 2080.

     

  • Controversy Surrounds CARE Ratings Nepal as License Suspension Looms

    Controversy Surrounds CARE Ratings Nepal as License Suspension Looms


    CARE Ratings Nepal Limited (CRNL) has been notified by the Securities Board of Nepal (SEBON) that the action process, which was initiated based on a request for explanation made five and a half months ago, is currently underway. The SEBON’s Board of Directors (BODs) had requested an explanation from CARE Ratings Nepal during their meeting on 24th Poush, 2079, regarding why their license should not be suspended. As CARE Ratings Nepal did not respond to the request, the process of suspending their license was initiated. The suspension was prompted by allegations of providing a credit rating to Ghorahi Cement in a situation involving a conflict of interest.

     

  • “Auction of Promoter Shares of Jyoti Bikash Bank and Prabhu Bank Begins Today”

    “Auction of Promoter Shares of Jyoti Bikash Bank and Prabhu Bank Begins Today”


     

    Jyoti Bikash Bank Limited (JBBL) is offering 168,496 units of promoter shares for sale through a public auction. The auction is open to individual investors, companies, and institutions, and will take place from the 10th to the 17th of Ashad, 2080. The minimum bid rate is set at Rs. 126, and the minimum bid quantity for the promoter shares is 1,000 units. While bidders can bid for the entire issue, they must adhere to the Nepal Rastra Bank’s regulation, which specifies a maximum quantity of shares per entity that should not be exceeded.