Nepal Stock Exchange
IPO Proposal of Menchhiyam Hydropower Finally Approved by SEBON; Company to Issue IPO Worth Rs 16.27 Crore Soon
The Securities Exchange Board of Nepal (SEBON) has approved the proposed IPO issue of Menchhiyam Hydropower Limited on Magh 19. The company will now issue 1,627,750 equity shares at a par value of NPR 100 each. The amount of the issue is Rs. 16.27 Crore. This is 30% of the company’s issued capital. The […]
Read MoreLast Day to Grab 6.84% Dividend Proposed by Guheswori Merchant Banking & Finance
Today is the last day to take advantage of Guheswori Merchant Banking & Finance Limited’s proposed 6.84% dividend (GMFIL). The company has scheduled its 21st Annual General Meeting for March 27th, 2079. The meeting will begin at 10 a.m. that day at the company’s headquarters in Harihar Bhavan, Lalitpur.
Read MoreKalinchowk Darshan Limited’s initial public offering (IPO) has concluded, with 1 in every 16 applicants receiving 10 units.
Kalinchowk Darshan Limited’s initial public offering (IPO) was completed today at the offices of Nabil Investment Banking Limited in Kathmandu. Kalinchowk Darshan Limited had issued to the general public 896,400 units worth Rs 8.96 crore in an Initial Public Offering (Magh 3-6, 2079).
Read MorePurwanchal Lube Oil (PLO) Will Publish an Initial Public Offering (IPO); Prabhu Capital Limited Will Serve as Issue and Sales Manager
Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager. On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube […]
Read MoreIPO Proposals of Dolti Power Company and Bhugol Energy Development Company Finally Approved by SEBON
The Securities Exchange Board of Nepal (SEBON) has approved Dolti Power Company Limited and Bhugol Energy Development Company Limited’s proposed initial public offering (IPO). On Magh 16, both proposals were approved. Dolti Power Company will now issue 1,609,458 equity shares with NPR 100 par value each. The issue is worth Rs. 16.09 crore. This is […]
Read MoreBill on Money Laundering Prevention to be Fast-Tracked
The government is working to advance a bill that would amend the Money Laundering Prevention Act. On Tuesday, the national review council on money laundering met at the Ministry of Finance and decided to fast track a bill to amend some acts relating to money laundering control and promotion of the professional environment.
Read MoreShuvam Power is issuing 481,882 units of IPO shares to the general public beginning today.
Shuvam Power Limited (SHUVAM) is launching an issue of 4,81,882 unit shares with a face value of Rs 100 starting today, March 18th, 2079. The company expects to earn Rs 4.81 crore from this IPO. This issue’s early closing date is 22nd Magh, and if it is not fully subscribed, it can be extended until […]
Read MoreThe Sanima Middle Tamor Hydropower IPO is now closed for Nepalese working abroad; the deadline for project-affected locals has been extended until February 4th.
Sanima Middle Tamor Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today’s banking hours, Magh 18, and has extended the IPO issue deadline for project-affected locals until 4th Falgun, 2079. The issue had begun on the 4th of Magh, 2079. The company’s issued […]
Read MoreReminder! Last Day to Claim TRH, RIDI, and AHPC Dividends
Today is the last day to grab the dividend proposed by Taragaon Regency Hotel Limited (TRH), Ridi Power Company Limited (RIDI), and Arun Valley Hydropower Development Company Limited (AHPC). Taragaon Regency Hotel Limited (TRH) has called its 26th AGM on 3rd Falgun, 2079. The meeting will be held in Nepal Tourism Board, Bhrikutimandap, starting […]
Read MoreRu Ru Jalbidhyut Net Profit Decline By 9.31% in Q2; Generates Sales Revenue Worth Rs. 9.15 Crores for this Quarter
Ru Ru Jalbidhyut Pariyojana Limited (RURU) has posted a decline in net profit by 9.31% in the second quarter (Q2) of the current FY 2079/80. The profit decreased to Rs. 5.96 crores in this quarter from Rs. 6.57 crores in the corresponding quarter of the previous year. RURU has sales revenue worth Rs. 9.15 crores, which has declined by […]
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