• “Closing Today: Auction of 15,77,211 Unclaimed Right Shares by Himal Dolakha Hydropower Company”

    “Closing Today: Auction of 15,77,211 Unclaimed Right Shares by Himal Dolakha Hydropower Company”


    Himal Dolakha Hydropower Company Limited (HDHPC) is wrapping up the sale of 15,77,211 regular shares to the public, starting today, the 29th of Shrawan, 2080. The auction began on the 22nd of Shrawan.

    The auction includes 15,77,211 units of regular shares that were not claimed during the initial offering. Earlier, the company had offered existing shareholders a chance to purchase additional shares at a ratio of 1 share for every 0.75 shares they owned, between the 22nd of Jestha and the 25th of Ashad, 2080. The remaining unsold shares from this offering are now up for auction, accessible to everyone. These unsold shares constitute 13.14% of the overall shares initially offered to the company’s shareholders. Both individuals and institutions have the opportunity to participate in the bidding process.

     

  • “CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow”

    “CHCL Earns Rs. 69.45 Crores in Q4 of FY 79-80; Decline in Profits Linked to Reduced River Flow”


     

    Chilime Hydro Power Company Limited (CHCL) has released its fourth-quarter report for the recently concluded financial year 2079-80, showing a nearly 8 percent decrease in Net Profits. In the final quarter of FY 2079-80, the company recorded profits of Rs. 69.45 crores, down from Rs. 75.42 crores in the same quarter of FY 2078-79.

    The primary revenue source for hydropower companies, the Revenue from the Sale of Electricity, also experienced a decline of 4.49 percent for CHCL, totaling Rs. 1.12 Arba in the last quarter of FY 2079-80.

  • “Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”

    “Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”


     

    Nepal SBI Bank Limited (SBI) and Prabhu Bank Limited (MLBL), along with several former banks (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpine Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued notices to their respective shareholders. The notices are aimed at facilitating the collection of outstanding dividends that were approved in various general meetings.

    Despite the passage of five years since the dividends were distributed, some shareholders have not yet claimed their entitled dividends from the banks. Shareholders who fall into this category are advised to visit the companies’ share departments. To claim their due dividends, they will need to provide their share certificate, proof of identity, and copies of necessary documents. This process ensures that all eligible shareholders can access the dividends they are owed.

     

  • “Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”

    “Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”


     

    Bhagawati Hydropower Development Company Limited is set to release 712,220 IPO shares starting from the 5th of Bhadra, 2080. The initial application deadline for this offering is on the 8th of Bhadra, with a possibility of extension until the 19th of Bhadra, if the subscription target is not met.

    Among the total 858,097 units, 10% (85,810 units) have already been allocated to Nepalese citizens working abroad, 5% (42,905 units) are reserved for mutual funds, and 2% (17,162 units) are set aside for the company’s employees. The remaining 712,220 units are available for the general public.

    These shares are being offered at a price of Rs. 116 per share, which includes a premium of Rs. 16 along with the Rs. 100 face value.

     

  • “NEPSE Closes at 2,077.24 with Rs. 3.11 Trillion Market Cap; Rs. 2.09 Arba Volume”

    “NEPSE Closes at 2,077.24 with Rs. 3.11 Trillion Market Cap; Rs. 2.09 Arba Volume”


     

    During today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 2,077.24 points, showing a slight drop of 3.61 points or 0.17% from the previous day’s close. In the prior session, the index had gained 14.81 points.

    The day began with the index starting at 2,079.25 and briefly reaching a peak of 2,094.04. However, it later hit a low of 2,073.49 before ultimately settling at the closing value of 2,077.24.

     

  • “Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability”

    “Upper Lohore Hydropower IPO Allotment Completed: Details and Share Availability”


     

    The allotment for Upper Lohore Hydropower Company Limited’s Initial Public Offering (IPO) was completed today at Kaji Kitchen, Battisputali, Kathmandu. NICA Asia Capital acted as the issue manager for this IPO. The company had initially issued 19,53,279 IPO shares with a face value of Rs 100 each to the public from 18th to 22nd Shrawan, 2080.

    Earlier, the company had also issued 509,804 shares worth Rs. 5.09 crores to locals affected by the project in Dailekh District. However, only 206,760 units (40.55%) of these shares were allocated to eligible applicants. As a result, the remaining 303,044 units of unsubscribed shares from the project-affected locals were combined with 19,88,236 units (39% of the total issued capital) set aside for the general public. This brought the total number of units available to the general public to 22,91,280.

  • “Molung Hydropower’s IPO Release Followed by Disappointing Q4 Report; EPS at Rs. -1.42”

    “Molung Hydropower’s IPO Release Followed by Disappointing Q4 Report; EPS at Rs. -1.42”


     

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    Molung Hydropower Company Limited (MHCL) has released its Q4 financial report for the recently concluded fiscal year 2079-80, revealing a net loss of Rs. 1.14 crores. In comparison, during the same period in the previous fiscal year 2078-79, the company had recorded earnings of Rs. 55.46 lakhs.

    The drop in net profits has led to a decrease in the company’s Earnings per Share (EPS), which now stands at Rs. -1.42. Additionally, the Net worth per Share has fallen below par, reaching just Rs. 75.80.

     

  • “HBL and NIMB Call on Shareholders to Collect Pending Dividends”

    “HBL and NIMB Call on Shareholders to Collect Pending Dividends”


     

    Shareholders who have not yet collected dividends approved during the company’s annual general meetings (AGMs) are required to submit their share certificates and identification proof to Himalayan Capital Limited, located in Thamel, Kathmandu. This is necessary along with copies of relevant documents to claim the pending dividends. If this step is not taken, in accordance with section 183 of the Companies Act, 2063, the unpaid dividends will be placed into the “Investor Protection Fund”.

     

  • “NEPSE Climbs 14.81 Points; TSHL and GCIL Take Opposite Paths with Circuit Breakers”

    “NEPSE Climbs 14.81 Points; TSHL and GCIL Take Opposite Paths with Circuit Breakers”


     

    "NEPSE Climbs 14.81 Points; TSHL and GCIL Take Opposite Paths with Circuit Breakers" 10

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,080.86 points, showing a rise of 0.71% or 14.81 points from the previous day’s close. Last week’s final trading day saw a small increase of 5.13 points.

    The trading session began with the index starting at 2,065.4 and briefly hitting a low of 2,057.70 during the day. However, the market reached a peak of 2,087.93 before settling at the closing value of 2,080.86.

     

  • “IPO-Debutant DOLTI’s Q4 Report Reveals Rs. 2.18 Crores Net Loss, Impact on EPS and Net Worth”

    “IPO-Debutant DOLTI’s Q4 Report Reveals Rs. 2.18 Crores Net Loss, Impact on EPS and Net Worth”


     

    Dolti Power Company Limited (DOLTI) has released its Q4 financial report for the fiscal year 2079-80, revealing a net loss of Rs. 2.18 crores during the same period. In contrast, the company had generated Rs. 16.55 lakhs in the corresponding quarter of the previous fiscal year 2078-79.

    The company’s primary revenue source, power sales, contributed Rs. 1.54 crores to its earnings for the Q4 of FY 2079-80. However, administrative expenses surged to Rs. 48.77 lakhs during this financial year.

    Notably, DOLTI managed to decrease its financial costs by 47.05 percent, resulting in a total of Rs. 2.27 crores for the specified period.

     

  • “Kumari Bank Partners with Classic Industries for 15% Mattress Discount”

    “Kumari Bank Partners with Classic Industries for 15% Mattress Discount”


     

    Kumari Bank has partnered with Classic Industries to offer a generous 15% discount on mattresses to their cardholders and mobile banking users. This special deal aims to benefit customers making purchases from the company.

    Kumari Bank operates through an extensive network comprising 304 branches, 307 ATM outlets, 63 branchless banking units, and 49 extension counters, providing widespread access and convenience for its customers.

     

  • “SFMF Plans 16% Cash Dividend; Book Closure Notice Coming Soon”

    “SFMF Plans 16% Cash Dividend; Book Closure Notice Coming Soon”


     

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    Sunrise First Mutual Fund (SFMF) has announced a 16% cash dividend amounting to Rs 13.76 crore, inclusive of taxes, for its unit holders. The specific date for closing the dividend distribution will be released soon, according to the provided statement.

    SFMF, supported by Sunrise Bank and overseen by Sunrise Capital, is a closed-end fund with a maturity period of 10 years and a total size of Rs 86 crore. As of the end of Ashad, its Net Asset Value (NAV) is recorded at Rs. 12.92.