Articles & Updates

Sabottam Cement IPO Allotment: Awaiting Lucky Winners through Friday's Lottery System 1
Business | Market | Economy IPO | FPO

Sabottam Cement IPO Allotment: Awaiting Lucky Winners through Friday’s Lottery System

The IPO allotment process for Sabottam Cement, a prominent cement company, is set to conclude on Friday. Lucky applicants who successfully secure shares will receive an allotment of 50 units each through a lottery system. This eagerly anticipated event marks a significant step in the company’s public offering, providing an opportunity for investors to become […]

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Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years 3
Business | Market | Economy

Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years

Citizens Bank International Limited (CZBIL) is launching a home loan scheme featuring a fixed interest rate of 9.99% for the initial seven years, providing customers with an opportunity to realize their dream homes. Following this initial period, a premium rate, 1% higher than the bank’s average monthly base rate, will be applicable. The home loan […]

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Auction Alerts: CORBL, ILBS, and UAIL Promoter Shares Up for Bidding 5
Business | Market | Economy

Auction Alerts: CORBL, ILBS, and UAIL Promoter Shares Up for Bidding

Corporate Development Bank Limited (CORBL) is set to auction 3,08,500 shares to existing promoter shareholders, beginning today. The interested parties are invited to submit their bids within 35 days from the publication date of this notice, i.e., by the 20th of Falgun, 2080. Bids should be submitted at the company’s central office located in Birgunj, […]

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Gold Prices Surge by Rs. 600 per Tola, Trading at Rs. 1,19,000 7
Gold | Silver | Forex

Gold Prices Surge by Rs. 600 per Tola, Trading at Rs. 1,19,000

The price of gold has seen a significant rise, increasing by Rs. 560 per tola compared to the previous day’s trading. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently being traded at Rs. 1,19,000 per tola, marking a Rs. 600 increment from yesterday’s trading price of […]

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Kumari Bank Limited and Suryodaya Womi Laghubitta Bittiya Sanstha Limited Initiate Promoter Share Auctions 9
Business | Market | Economy

Kumari Bank Limited and Suryodaya Womi Laghubitta Bittiya Sanstha Limited Initiate Promoter Share Auctions

The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 6,41,284 units of shares exclusively to interested promoter shareholders, starting from today. Only eligible shareholders are invited to participate in the auction, with bids accepted within 35 days from the date of this notice, concluding on the 18th of Falgun. Bidders are […]

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Seed Energy Partners with NMB Capital for Initial Public Offering Management 11
IPO | FPO Business | Market | Economy

Seed Energy Partners with NMB Capital for Initial Public Offering Management

Seed Energy Ltd has finalized an agreement with NMB Capital Limited for the management of its Initial Public Offering (IPO). This development signifies a noteworthy achievement for Seed Energy Ltd as it prepares to introduce its shares to the public. The collaboration with NMB Capital Limited, a renowned entity in issue management, is anticipated to […]

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Shikhar Insurance Calls 19th AGM: Agendas, Dividend Decision, and Book Closure Details 13
Business | Market | Economy

Shikhar Insurance Calls 19th AGM: Agendas, Dividend Decision, and Book Closure Details

Shikhar Insurance Company Limited (SICL) has announced its 19th Annual General Meeting (AGM) scheduled for the 9th of Chaitra, 2080. The AGM is set to take place at the Shikhar Insurance Company Ltd’s Head Office, Shikhar Biz Center in Thapathali, Kathmandu, starting at 11:00 AM. The outlined agendas for the AGM include the endorsement of […]

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Allotment Concluded for Kumari Sabal Yojana: 29,134 Valid Applicants Successfully Allocated Units 15
Business | Market | Economy

Allotment Concluded for Kumari Sabal Yojana: 29,134 Valid Applicants Successfully Allocated Units

Kumari Capital Limited recently launched its latest closed-end mutual fund, the “Kumari Sabal Yojana,” with a total value of Rs 1 Arba. The subscription period for this fund began on the 28th of Magh and concluded on the 13th of Falgun, 2080. The allotment process, conducted at Kumari Capital’s premises in Naxal, was finalized on […]

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Jalpa Samudayik Laghubitta & Kisan Laghubitta Call AGMs to Approve Merger Proposal 17
Business | Market | Economy

Jalpa Samudayik Laghubitta & Kisan Laghubitta Call AGMs to Approve Merger Proposal

  Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) and Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) have scheduled their respective 5th Annual General Meetings (AGMs) on the same date, 9th Chaitra, 2080. JALPA’s AGM will take place at The SR Hotel in Tilottama, Rupandehi, starting at 9:00 AM, while KLBSL’s AGM will be held at Taaj […]

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NIC Asia Bank Auctions 5,13,325 Unit Promoter Shares Today 19
Business | Market | Economy

NIC Asia Bank Auctions 5,13,325 Unit Promoter Shares Today

  The current promoters of NIC Asia Bank Limited (NICA) are putting up 5,13,325 units of promoter shares for auction starting today, the 16th Falgun until the 27th Falgun, 2080. Interested parties who qualify as promoter shareholders or individuals/companies/institutions can participate in the auction, with a minimum bid rate set at Rs. 208 per unit. […]

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