Articles & Updates
Gold Prices in Nepalese Market Reach All-Time High, Silver Takes a Dip
The local gold market has recently reached an all-time high, experiencing a substantial surge of Rs. 500 per tola. Official data from the Federation of Nepal Gold and Silver Dealers’ Association reveals that fine gold is now being traded at an unprecedented rate of Rs. 113,700 per tola. This marks a significant increase from the […]
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Promoter of Suryodaya Womi Laghubitta Bittiya Sanstha Ltd. Offers 10,000 Shares in Auction to the Public
A new opportunity has emerged for the general public to acquire shares in Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF). Dipak Sharma, one of the existing promoters of SWMF, has decided to auction off 10,000 units of promoter shares to the public. The auction officially commenced today and will remain open for bidding for a […]
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“Gold Price Surges by Rs. 1,300 per Tola in Nepal, Silver Also Sees Increase”
The price of the precious metal gold has experienced a significant boost, rising by Rs. 1,300 per tola today when compared to the trading rate on Tuesday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold now holds a value of Rs. 1,13,200 per tola, while Tejabi gold is […]
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Dibyashwari Hydropower Company (DHPL) Proposes 200% Right Share Issue to Clear Loans
Dibyashwari Hydropower Company Limited (DHPL) has revised its proposal for issuing right shares, as decided during a Board of Directors (BOD) meeting held on Ashwin 29. The initial plan was to offer 1:1 or 100% right shares, announced on Ashad 10, 2080. However, the BOD meeting on Ashwin 29 decided to cancel the previous proposal […]
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“Nepal Rastra Bank’s Mid-September 2023 Financial Snapshot: Inflation, Forex Reserves, and Economic Indicators”
Nepal Rastra Bank, the central bank of Nepal, has released an overview of the current macroeconomic and financial situation in Nepal, based on data from the first two months ending in mid-September 2023. Inflation and Forex Reserves:The central bank reported an estimated year-on-year inflation rate of 8.19%. Nepal’s gross foreign exchange reserves stood at $12.01 […]
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“Infinity Laghubitta Bittiya Sanstha Limited (ILBS) Initiates Auction of Promoter Shares”
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. […]
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1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today
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 […]
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NRB Employee Union Hosts Futsal Tournament for BFIs in Gandaki Province
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.
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Nearly 19% of Machhapuchchhre Bank Promoter Shares Up for Auction Today
The promoter of Machhapuchchhre Bank Limited (MBL) is putting up 1,12,32,492 shares for auction to fellow promoters. This amounts to around 18.95% of all promoter shares or 51% of ownership. With a total of 11.62 Crore shares listed on the Nepal Stock Exchange (NEPSE), the auctioned shares represent about 9.66% of all shares. This move […]
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Sonapur Minerals and Oil Limited IPO Allotment: 10 Units for 10,40,770 Applicants, 8,638 Go Empty-Handed
Sonapur Minerals and Oil Limited made an initial offering of 97,32,544 IPO shares with a par value of Rs 100 to the general public from Asoj 14 to Ashwin 18, 2080. Prior to this, the company had issued 15,37,525 shares to locals affected by the project in Dang and Rolpa District, with only 1,34,520 units […]
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