Category: Nepal Stock Exchange

  • “SEBON Approves Vision Lumbini Urja’s Rs 38.25 Crore IPO Proposal”

    “SEBON Approves Vision Lumbini Urja’s Rs 38.25 Crore IPO Proposal”


    The Securities Exchange Board of Nepal (SEBON) has given its approval for the Initial Public Offering (IPO) of Vision Lumbini Urja Company Limited. This IPO is scheduled for Bhadra 05, 2080. In this offering, the company plans to release 3,825,000 equity shares, each with a nominal value of NPR 100. The total value of the IPO is set at Rs. 38.25 Crore, which represents 20% of the company’s existing issued capital. Following the allotment of shares through the IPO, the company’s total paid-up capital will increase to Rs. 1.91 Arba from the current Rs. 1.53 Arba. Muktinath Capital Limited has been appointed as the manager overseeing the IPO process, and the application for this IPO was originally submitted on Falgun 28, 2079.

     

  • “NEPSE Index Drops 31.52 Points, Turnover at Rs. 1.55 Arba”

    “NEPSE Index Drops 31.52 Points, Turnover at Rs. 1.55 Arba”


     

    The Nepal Stock Exchange (NEPSE) Index ended today’s trading session at 2,013.93 points, dropping by 31.52 points or 1.54% compared to yesterday’s close. The index had gained 29.47 points on the previous trading day.

    The day started with the index opening at 2,045.86 and reaching its highest point at 2,052.20. However, it also hit a low of 2,009.09 before settling at 2,013.93 at the end of the day.

    In today’s trading, 275 different company stocks were traded in 40,800 transactions. A significant volume of shares was traded, totaling 4,657,137 shares, with a total turnover of Rs. 1.55 Arba. The overall market capitalization was Rs. 30.14 Kharba, and the floating market capitalization was Rs. 10.60 Kharba.

     

  • “Citizen Life Insurance Set to Launch Premium IPO from Bhadra 15”

    “Citizen Life Insurance Set to Launch Premium IPO from Bhadra 15”


     

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    Citizen Life Insurance Company Limited (CLICL) is preparing to launch an Initial Public Offering (IPO) with a premium starting on the 15th of Bhadra. In this offering, the company plans to make shares available to the public at a base value of Rs 100 per share, with an additional premium of Rs 144, making the total cost per share Rs 244.

    The insurance company has received approval to issue 1,12,50,000 shares, which are valued at 1.125 billion rupees. This issuance constitutes 30% of its total issued capital of 3.75 billion rupees. Notably, a portion of these shares, amounting to 5%, has already been distributed. This initial portion consists of 562,500 shares, valued at 5 crore 62 lakh 50 thousand rupees, and was offered at the rate of 100 rupees per share exclusively for the company’s employees.

     

  • “NEPSE Ends Session with 1.46% Gain; NABIL Leads in Market Cap”

    “NEPSE Ends Session with 1.46% Gain; NABIL Leads in Market Cap”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,045.45 points, showing a rise of 29.47 points or 1.46% compared to the previous day’s close. Yesterday, the index had gone up by 17.69 points.

    The trading began with the index starting at 2,016.8 and hitting a low of 2,015.80 during the day. The market’s highest point during the day was 2,048.26, but it settled at the closing value of 2,045.45.

    The Relative Strength Index (RSI) stands at 47.01, up from yesterday’s 40.71. On the other hand, the MACD line remained below the zero line, indicating a reading of -19.16.

     

  • “Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi’s 22.5 MW Project Set to Offer Shares”

    “Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi’s 22.5 MW Project Set to Offer Shares”


     

    In an event held at Sundhara, Kathmandu, Thulo Khola Hydropower Limited and Citizens Capital Limited signed an agreement for the management of their Initial Public Offering (IPO). The agreement was formalized by Mrs. Shweta Adhikari Panth, Director of Thulo Khola Hydropower Limited, and Mr. Sabir Bade Shrestha, CEO of Citizens Capital Limited.

    Under this agreement, Citizens Capital Limited, a subsidiary of Citizens Bank International Limited, will oversee the IPO process for Thulo Khola Hydropower Limited. The main objective of the IPO is to issue ordinary shares to local residents who are affected by the project, as well as to the general public.

  • “NEPSE Drops to 1900, KBSH Positive Circuit on Debut”

    “NEPSE Drops to 1900, KBSH Positive Circuit on Debut”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 1,998.28 points, dropping by 12.93 points or 0.64% from yesterday’s close. The index had also seen a loss of 21.99 points in the previous session.

    The trading began with the index starting at 2,012.46 and hitting a high of 2,019.51 during the day. However, it went down to a low of 1,991.81 before settling at 1,998.28 at the close.

    Throughout the day, there were 272 different stocks traded in 39,425 transactions. A significant number of shares, totaling 4,163,872, were exchanged, resulting in a turnover of Rs. 1.40 Arba. The overall market capitalization was Rs. 29.90 Kharba, while the floating market capitalization was Rs. 10.52 Kharba.

  • “Synergy Power Development Launches 1:0.5 Right Share Issue Today”

    “Synergy Power Development Launches 1:0.5 Right Share Issue Today”


    Synergy Power Development Limited (SPDL) has announced the commencement of a new issuance, offering a 2:1 (or 1:0.5) ratio of 4,032,875 units of right shares to its current shareholders. Priced at a par value of Rs. 100 per share, the issuance started on 3rd Bhadra and will continue until the closing date on 24th Bhadra, 2080, during office hours.

    This hydropower company is introducing 50% right shares, equivalent to Rs. 40.32 Crores in value, through the distribution of 4,032,875 units of right shares to its existing shareholders. With a current paid-up capital of Rs. 80,65,75,000, the company’s paid-up capital is set to grow to Rs. 120.98 Crores following the adjustment for the proposed right share issuance.

     

  • “NEPSE Drops 21.99 Points to 2011.14; Market Capitalization at Rs. 30.10 Kharba”

    “NEPSE Drops 21.99 Points to 2011.14; Market Capitalization at Rs. 30.10 Kharba”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,011.14 points, dropping by 1.08% compared to yesterday. It started at 2,033.2 and reached a high of 2,034.88, but went down to 2,008.03 before settling at the closing value.

    During the trading session, 269 stocks were traded in 43,591 transactions, with a significant total share volume of 4,459,459, equivalent to Rs. 1.44 Arba. The market’s capitalization was Rs. 30.10 Kharba, and the floating market capitalization was Rs. 10.63 Kharba.

     

  • “Lucky 2,27,662 Applicants Secure 10 Units Each in Manakamana Engineering Hydropower IPO Allotment”

    “Lucky 2,27,662 Applicants Secure 10 Units Each in Manakamana Engineering Hydropower IPO Allotment”


     

    The allocation of IPO shares for Manakamana Engineering Hydropower Limited has been completed today at the B.O.K Capital Markets Limited premises in Kathmandu. The hydropower company offered 2,276,620 shares at a face value of Rs 100 each to the public for subscription from the 28th to the 31st of Shrawan, 2080.

    Initially, the company had issued 800,000 shares worth Rs. 8 crores to people affected by the project in Dolakha District. However, only 183,380 shares, which accounts for 22.92%, were allotted to eligible applicants. As a result, the remaining 616,620 unsold shares from the project-affected locals’ quota have been combined with 2,000,000 shares (25% of the total issued capital, reserved for the general public), resulting in a total of 2,616,620 shares available for the general public.

     

  • “Siddhartha Capital Declares Dividends for Mutual Fund Schemes FY 79/80”

    “Siddhartha Capital Declares Dividends for Mutual Fund Schemes FY 79/80”


     

    During the fiscal year 2079/80, Siddhartha Capital Limited has proposed cash dividends for unitholders of Siddhartha Equity Fund (SEF) and Siddhartha Investment Growth Scheme – 2 (SIGS2), amounting to 5% and 6.5% (including tax) respectively. However, no dividend will be distributed to unitholders of Siddhartha Investment Growth Scheme 3 (SIGS3) during the same period. The decision was made during a board meeting held on the 32nd of Shrawan, with a total cash dividend of Rs. 7.5 Crores for SEF and Rs. 7.8 Crores for SIGS2.

     

  • “SEED Energy Joins Forces with NMB Capital for IPO Advisory”

    “SEED Energy Joins Forces with NMB Capital for IPO Advisory”


     

    SEED Energy Limited, a company supported by SEED Investment Private Limited, has joined forces with Nepal’s renowned merchant bank, NMB Capital Limited. This exciting collaboration marks a significant step as SEED Energy gets ready to introduce its ordinary shares to the public through an Initial Public Offering (IPO). This move is part of SEED Energy’s expansion into diverse economic sectors, including Hydropower, Infrastructure Manufacturing, and Hotels.

    Mr. Pankaj Chandra Shrestha, Chairman of SEED Energy, expressed his enthusiasm, stating, “We’re excited to share that SEED Energy is gearing up for an IPO of its ordinary shares, and we’re delighted to partner with NMB Capital as our trusted advisor for the IPO process. NMB Capital’s expertise will greatly assist us as we journey toward this important milestone. This collaboration underscores our commitment to delivering value to all our stakeholders.”

     

  • “Upper Tamakoshi Hydropower’s Offer Letter Released for Right Shares Issue Opening on Bhadra 18”

    “Upper Tamakoshi Hydropower’s Offer Letter Released for Right Shares Issue Opening on Bhadra 18”


     

    Upper Tamakoshi Hydropower Limited has released an offer letter to introduce its 100% rights shares. As per the publicly disclosed offer letter, the company plans to accept applications for these right shares at a 1:1 ratio, or 100%, from the 18th of Bhadra to the 7th of Ashwin, 2080.

    The hydropower firm intends to distribute 105,900,000 units of right shares, totaling Rs. 10.59 Arba, to its existing shareholders. This issuance will lead to a subsequent increase in the company’s paid-up capital to Rs. 21.18 Arba following the adjustment of the proposed right shares.