Upper Lohore Hydropower Company Limited has announced its plan to issue an Initial Public Offering (IPO) to the general public. The IPO will consist of 19,53,279 unit shares with a face value of Rs 100 each, starting from 18th Shrawan, 2080. The company aims to raise Rs 19.53 crore through this offering. The closing date for the IPO is initially set for the 22nd Shrawan, but it can be extended up to the 32nd Shrawan, 2080, if the issue is not fully subscribed by then.
The current promoter of Kumari Bank Limited (KBL) is offering 240,101 units of shares for auction exclusively to existing promoter shareholders. The auction period starts on 11th Shrawan, 2080, and will last for 35 days from the date of this notice. Eligible shareholders, who are existing promoters, can participate in the bidding process by submitting their bids at the bank’s central office in Naxal, Kathmandu.
Today’s trading session witnessed 271 companies’ stocks being traded in 44,672 transactions, with a significant share volume of 6,271,777, totaling a turnover of Rs. 2.42 Arba. The Float index declined by 1.31%, reaching 147.32, and the Sensitive index also decreased by 1.28%, currently standing at 403.84.
The overall market capitalization amounted to Rs. 3.12 Trillion, with the float market capitalization at Rs. 1.105 Trillion.
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has listed 6,55,862.862 unit bonus shares on the Nepal Stock Exchange (NEPSE). In their 10th Annual General Meeting held on 15th Baisakh, the company approved a 10.5263% dividend for the fiscal year 2078/79. This dividend includes 10% bonus shares valued at Rs. 6.55 crores and a 0.5263% cash dividend (for tax purposes) worth Rs. 34.51 lakhs. These bonus shares have now been officially listed on NEPSE.
In the financial year 2079/80, the Securities Board of Nepal (SEBON) achieved a remarkable milestone by approving initial public offerings (IPOs) worth over 22 billion rupees. This surpasses the previous record set in the financial year 2077/78, when SEBON allowed IPOs worth 15 billion 18 crores. Chairman Ramesh Hamal led the effort, breaking the previous record set during Bhishma Raj Dhungana’s tenure.
Manakamana Engineering Hydropower Limited is wrapping up its Initial Public Offering (IPO) for project-affected locals on the 9th of Shrawan. The IPO, which began on the 19th of Ashad, 2080, allocated 10% of the company’s issued capital, amounting to Rs. 8 Crores, to project-affected locals in Dolakha District. Additionally, there will be a public issue of 25% of the company’s capital, with 200,000 unit shares set aside for Nepalese citizens working abroad. The application period for the shares allocated to Nepalese citizens abroad ended on the 2nd of Shrawan, 2080.
Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has recently listed 67,329.11 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company held its 5th Annual General Meeting on Chaitra 16 and approved a 5% dividend amounting to Rs. 70.87 lakhs for the fiscal year 2078/79. During the 79th board meeting on Magh 16, they decided to distribute the dividend on the paid-up capital of Rs. 14.17 crores. The proposed dividend includes 4.75% bonus shares worth Rs. 67.32 lakhs and 0.25% cash dividend worth Rs. 3.54 lakhs.
The Nepal Stock Exchange (NEPSE) Index had a rough trading session today, closing at 2,164.31 points, which was a decline of 36.19 points or 1.64% compared to yesterday’s close. The index started at 2,202.99 and reached its highest point at 2,206.46 during the day. However, it experienced a downward trend throughout the session, hitting a low of 2,162.55 before settling at 2,164.31 at the end of the day. This follows yesterday’s decline of 26.66 points, making it a challenging period for the market.
National Life Insurance Company Limited (NLICL) has listed 37,12,345.50 unit bonus shares on NEPSE. This decision came after the company’s 35th AGM, where a 14.5% dividend for the fiscal year 2078/79 was approved. The dividend includes 8% bonus shares valued at approximately Rs. 37.12 crores and a 6.5% cash dividend (including tax) worth Rs. 30.16 crores. NLICL’s shares are now available for trading on NEPSE following this development.
Today, the Nepal Stock Exchange approved the resumption of securities trading for Prabhu Insurance Company Limited (PRIN). The decision came after a delay in providing NEPSE with information about PRIN’s board of directors meeting, where they decided to issue right shares in the ratio 1:0.65 on Ashad 27, 2080.
Today, the Nepal Stock Exchange (NEPSE) Index closed at 2,200.50 points, showing a decrease of 26.66 points or 1.19% compared to yesterday’s closing. This decline follows a significant surge of 63.24 points on the previous trading day. The index started the session at 2,227.21 and reached its highest point at 2,243.78 during the day. However, it experienced a downward trend throughout the trading session and touched an intraday low of 2,194.41 before finally settling at 2,200.50 at the end of the day.
In today’s exciting trading session, the Nepal Stock Exchange (NEPSE) Index had a significant gain of 63.24 points or 2.92% compared to yesterday’s closing. It closed at 2,227.16 points, which is the highest in almost 14 months. The session started at 2,166.47 and reached a peak of 2,228.18 before settling at the closing value. This surge followed a minor loss on Thursday and marks a positive trend in the market.