Nepal Stock Exchange
Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen
Sarbottam Cement Limited has issued an offer letter for an Initial Public Offering (IPO) targeting industry-affected locals of Nawalparasi District, mine excavation-affected locals of Palpa District, and Foreign Nepalese Immigrants. The IPO subscription period for the specified groups is set from 25th Poush to 10th Magh, 2080. Notably, if the issue remains undersubscribed for the […]
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Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval
A total of 1,06,98,094.44 units of bonus shares from Everest Bank Limited (EBL) have been officially listed on the Nepal Stock Exchange (NEPSE). This follows the company’s 29th Annual General Meeting (AGM) conducted on the 30th of Ashwin, 2080, where a dividend of 20.53% for the fiscal year 2079/80 was approved. During the 357th meeting […]
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Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance
Singati Hydro Energy Limited (SHEL) has announced the book closure date for its upcoming issuance of 100% right shares, set for the 22nd of Poush, 2080. Consequently, shareholders holding their positions until Poush 21 will be entitled to participate in the rights offering. The company intends to distribute 100% right shares valued at Rs. 1.45 […]
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NEPSE Index Records Marginal Decline, Market Highlights and Sectoral Trends
The Nepal Stock Exchange (NEPSE) Index registered a decline of 8.75 points, equivalent to 0.42%, compared to the previous day’s closing, concluding at 2,060.15 points. This follows a loss of 1.93 points in the index on the preceding trading day. The day commenced with the index opening at 2072.45 and witnessed fluctuations, reaching an intraday […]
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Ghalemdi Hydro Limited Successfully Concludes 200% Right Share Offering to Fund Chujung Khola Hydropower Project Acquisition
Ghalemdi Hydro Limited (GHL) is currently concluding the offering of its 1:2 ratio right shares to its shareholders, a process that began on the 10th of Mangsir and is scheduled to end today, the 16th of Poush, 2080, by the close of banking hours. In an effort to raise funds, the hydropower company has initiated […]
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Ghalemdi Hydro Limited Concludes 200% Right Share Issuance for Chujung Khola Project Investment
Ghalemdi Hydro Limited (GHL) is set to conclude its issuance of right shares to shareholders at a 1:2 ratio starting from the 16th of Poush. The right shares, offered at a rate of 200%, were made available for subscription from the 10th of Mangsir and will remain open until the 16th of Poush, 2080, closing […]
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All three mutual fund schemes managed by Kumari Capital have recorded an uptick in Net Asset Value (NAV) as of the end of the month of Mangsir.
Kumari Capital Limited has released the NAV reports for Kumari Equity Fund (KEF), Kumari Dhanabriddhi Yojana (KDBY), and Kumari Sunaulo Lagani Yojana (KSLY) for the month of Mangsir, 2080. Kumari Equity Fund (KEF): Fund Size: Rs. 1 Arba NAV: Rs. 9.99 (Mangsir) | Rs. 9.41 (Previous Month) Investments: Rs. 73.65 crore in listed shares, Rs. […]
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A Parliamentary Committee implements proactive measures to rectify irregularities in IPO premiums, lock-in periods, and enhance transparency in the stock market
In a recent parliamentary committee meeting, concerns were raised about life insurance companies issuing IPO shares at premium prices, potentially above standard values. Allegations of improper premium approvals prompted an investigation into possible misconduct and misuse of authority. Here are the key directives issued by the committee after discussions with relevant authorities: The absence of […]
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Siddhartha Capital announces a rise in Net Asset Value (NAV), with SIGS3 NAV surpassing par for the month of Mangsir
“Siddhartha Equity Fund (SEF),” a 10-year closed-end mutual fund managed by Siddhartha Capital Limited, has reported an increase in its Net Asset Value (NAV) for Mangsir. According to the financial report, the NAV stands at Rs. 9.68 at the end of Mangsir 2080, up from Rs. 9.16 in the previous month. With a total fund […]
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Prabhu Capital’s mutual funds announce an increase in Net Asset Value (NAV) and net profit for the month of Mangsir
“Prabhu Select Fund (PSF)” has released its Net Asset Value (NAV) report for Mangsir, showcasing an increase from Rs. 9.57 to Rs. 10.20 in the fiscal year 2080. This 7-year closed-end scheme, initially starting with a fund size of Rs. 1.25 Arba, has invested in listed shares, public issues, right shares, bonus shares, fixed deposits, […]
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