Nepal Stock Exchange
Deadline for Sarbottam Cement’s Local IPO Today
Sarbottam Cement plans to issue 12.9033% of its total issued capital, which amounts to Rs 4.65 billion. This equates to 6 million shares, valued at Rs 6 billion. Initially, 40% of these shares, totaling 2.4 million, were allocated to Qualified Institutional Investors (QIIs), leaving 60% for the general public. Of the 3.6 million shares […]
Read MoreBudhanilkantha Heritage Taps Global IME Capital for IPO Launch
On January 23, 2080, Budhanilkantha Heritage Hotel Limited (BHHL) enlisted Global IME Capital Limited (GBIMEL) as the manager for issuing and selling securities. They plan to offer 1,500,000 ordinary shares, which represent 15% of the total issued capital, at a face value of Rs 100 per share to the general public. The agreement for […]
Read MoreAkama Hotel Schedules SGM to Issue IPO at Rs. 50
Akama Hotel Limited has scheduled a Special General Meeting (SGM) for the 14th of Falgun, 2080. The meeting will take place at the company’s registered office located in Akama Hotel, Dhumbarahi, Kathmandu, starting at 11:30 AM. One of the key agendas for the meeting is to propose issuing an Initial Public Offering (IPO) to […]
Read MoreNEPSE Sees 0.23% Gain; 5 Companies Hit Positive Circuit
The Nepal Stock Exchange (NEPSE) Index rose by 4.92 points or 0.23% from the previous day to close at 2,090.64 points. The index had gained 9.44 points the day before. Today, trading began with the index opening at 2,095.1, hitting a low of 2,086.76, and reaching a high of 2,107.57. In today’s trading session, […]
Read MoreNEPSE Index Gains 0.45%, Himalayan Reinsurance Leads Turnover
The Nepal Stock Exchange (NEPSE) Index recorded a gain of 9.44 points, equivalent to 0.45%, compared to the previous day’s closing, concluding at 2,085.71 points. The index had experienced a gain of 14.57 points in the preceding trading session. The market commenced today with an opening index of 2,073.83, reaching an intraday low of 2,067.59, […]
Read MoreSiddhartha Premier Insurance Proposes 11% Cash Dividend for FY 2079/80
Siddhartha Premier Insurance Limited (SPIL) has proposed an 11% cash dividend totaling Rs. 30.87 Crores for the fiscal year 2079/80. In a decision made during the 19th board of directors meeting on Magh 21, SPIL announced the distribution of an 11% cash dividend, inclusive of tax, amounting to Rs. 30.87 crores. The company’s current paid-up […]
Read MoreDordi Khola Hydropower Taps Sanima Capital as Issue Manager for 1:1 Rights Offering
Dordi Khola Hydropower Company Limited (DORDI) has selected Sanima Capital Limited as the exclusive issue manager for its upcoming 1:1 ratio rights issue, according to an announcement from the Nepal Stock Exchange (NEPSE). In the upcoming rights issue, the hydropower company plans to issue 10,542,604 (1:1) units of right shares, equal to 100% of its […]
Read MoreNEPSE Up by 14.57 Points, Intraday Turnover Drops; Other Indices Gain 4.68%
The NEPSE Index experienced a positive movement, gaining 14.57 points or 0.70% from the previous day, closing at 2,076.27 points. In contrast, the day before had witnessed a decline of 5.31 points. The market kicked off today with the index opening at 2,063.93. Throughout the day, it fluctuated, hitting a low of 2,060.55 and reaching […]
Read MoreLast Day to Secure Dividend from United Ajod Insurance and Right from Ridi Power
Today marks the final opportunity to secure the 10.8013% dividend offered by United Ajod Insurance Limited (UAIL). The company has scheduled its 30th Annual General Meeting (AGM) for the 6th of Falgun, 2080. The AGM will take place at Anmol Banquet in Shankhamul, Kathmandu, starting at 11:00 AM. In a board meeting held on Magh […]
Read MoreAsian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs
Asian Life Insurance Company Limited (ALICL) has decided to issue 42% right shares after adjustments, as confirmed in their Board of Directors meeting on Friday, Magh 19. This adjustment takes into account the allocation of 7.75% bonus shares from the current paid-up capital of Rs. 3.15 Arba. With the inclusion of bonus shares, the […]
Read More