Author: Earnmoney.com.np

  • List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

    List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO


    An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding in order to support operations or grow.

    A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.

     

  • Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

    Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon


    The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline.

    The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for 7.5% bonus shares, is Rs. 4.13 Arba. As a result, following the issuance of the right share in the ratio of 1:0.40, the company’s paid-up capital will be increased to Rs. 5.78 Arba.

     

  • Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE

    Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE


    Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba.

    NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba.


     

    The NEPSE index closed at 1,933.29 today, down 15.76 points from the previous trading day’s close. This represents a 0.81% decrease. This Monday, the index rose 22.65 points.

    The index opened today at 1,952.19 and reached an intraday high of 1,962.94. In contrast, it dropped as low as 1,929.49 before closing at 1,933.29.

    Through 30,485 transactions, 266 scrips changed hands. A total of 3,777,400 shares were traded, totaling Rs. 1.333 Arba in turnover. This is more than the previous day’s turnover of Rs. 1.298 Arba.

     

  • NEPSE will be closed today in observance of Ghode Jatra.

    NEPSE will be closed today in observance of Ghode Jatra.


    The Nepal Stock Exchange (NEPSE), the country’s sole stock market, will be closed today (Chaitra 7, 2079) in observance of Ghode Jatra, a public holiday in Kathmandu valley. Normal trading in NEPSE will resume tomorrow (Chaitra 8, 2079) at 11:00 AM.

    The NEPSE index finished yesterday at 1,949.06, up 22.65 points from the previous trading day’s close.

  • Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

    Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE


    Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE.

    On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. The bank has a paid-up capital of Rs. 3.78 Arba. There was a proposal for 13.3% bonus shares worth Rs. 50.28 crores and a 0.7% cash dividend (including tax) of Rs 2.64 crores.

    Today, SHINE finished at Rs. 335.90.

     

  • NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.

    NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.


     

    NEPSE has listed 10 million unit IPO shares of Maya Khola Hydropower Company Limited. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 88.53 to Rs. 265.59. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.

    In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.


    Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter.

    In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores.

    This quarter, the company earned Rs. 8.52 crores from investments, loans, and other sources.

     

  • The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

    The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.


     

    IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio.

    IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on Sunday, Chaitra 5, 2079.

     

  • Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.

    Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.


    Citizen Life Insurance Company Limited’s Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval.

    The company intends to distribute 11,250,000 unit shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price of Rs. 290 per share (Rs 100 face value + Rs 190 premium price). The company will raise a total of Rs. 3,155,625,000 through the IPO.

     

  • Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas

    Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas


    Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi.

    Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On March 10, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 32 crores. The proposal is for 20% bonus shares worth Rs. 6.40 crores and 1.0526% cash dividend (for tax purposes) worth slightly more than Rs. 33.68 lakhs. The meeting will consider converting a maximum of 10% of the promoter shares to public shares so that the company’s promoter shares do not expire.

     

  • NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by “Trading”

    NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by “Trading”


    The NEPSE index closed at 1,949.06 today, up 22.65 points from the previous trading day’s close. This represents a 1.18% increase. Yesterday, the index fell 6.90 points.

    Today, the index opened at 1,926.28 and closed at 1,925.41. In contrast, it reached a high of 1,949.17 before settling at 1,949.06.