Tag: 30

  • Shuvam Power’s first public offering allocation will end tomorrow morning; 48,188 lucky applicants will receive 10 units each.

    Shuvam Power’s first public offering allocation will end tomorrow morning; 48,188 lucky applicants will receive 10 units each.


    Tomorrow morning, or on Magh 27, 2079, Shuvam Power Limited’s (SHUVAM) initial public offering (IPO) will take place. On the property of the issue manager, Muktinath Capital Limited, in Naxal, the allotment program will take place.

    From the 18th Magh to the 22nd Magh, the company distributed 481,882 units of shares with a face value of 100 rupees to the general public as part of an IPO. 10%, or 58,058 units, of the total 580,580 units have already been allocated to Nepalese people living and working overseas. 2%, or 11,610 units, were set aside for firm workers. 5%, or 29,030 units, of the total offered shares were reserved for mutual funds. 481,882 more units were produced for the

     

  • Shuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day.

    Shuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day.


    Shuvam Power Limited (SHUVAM) offered 481,882 units of shares valued at Rs. 4.81 crores to the general public as part of their Initial Public Offering (IPO) from the 18th to the 22nd of March, 2079.

    Out of the entire 580,580 units, 10%, or 58,058 units, have already been issued and assigned to Nepalese people working abroad, 2%, or 11,610 units, have been put aside for the company’s workers, and 5%, or 29,030 units, have been set aside for mutual funds. The remaining 481,882 units were made available to the general public. Following the IPO, the company’s paid-up capital will exceed Rs. 20 crores.

  • The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.

    The revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.


    Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores.

    Total revenue during the second quarter was down 10.43% to Rs. 12.23 crores as compared to total revenue through the second quarter of FY 2078/079.

    On 8th Bhadra 2070, Ankhu Khola-1 (8.4 MW) was linked to the National Grid. The firm would receive a grant of Rs. 4.62 crore from the Nepal Government for its installed capacity of 8.4 MW. This money has not been included in revenue since it has not yet been received from the Nepal Government.

    Administrative and general expenditures climbed by 30.95% in the second quarter, while finance expenses reduced by 10.67% to Rs. 5.30 Crores.

    The company’s current paid-up capital is Rs.80 crore, with a negative reserve fund of Rs.21.20 crore. With this capital, the capital declared an EPS of Rs. 6.66 and a net value per share of Rs.73.50.

  • IPO Proposal of Menchhiyam Hydropower Finally Approved by SEBON; Company to Issue IPO Worth Rs 16.27 Crore Soon

    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 total paid-up capital after the IPO allotment would be Rs 54.25 crore of the company.

     

  • Gold sets a new all-time high; gains Rs 1200 per tola in a single day to trade at Rs 107,500.

    Gold sets a new all-time high; gains Rs 1200 per tola in a single day to trade at Rs 107,500.


    In the Nepalese market, the price of gold has reached an all-time high. The gain for today is the result of a Rs. 1200 single-day gain from yesterday’s price.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,500 per tola. Yesterday, the rate remained unchanged at Rs. 106,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 107,000. In contrast, the rate was kept at Rs. 105,800 per tola yesterday.

     

  • IPO Proposals of Dolti Power Company and Bhugol Energy Development Company Finally Approved by SEBON

    IPO 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 equivalent to 30% of the company’s issued capital. The company’s total paid-up capital after the IPO allotment would be Rs 53.64 crore.

     

  • Gold Near All-Time High; Gains Rs 500 Per Tola Today to Trade at Rs 106,300, Silver Follows Suit

    Gold Near All-Time High; Gains Rs 500 Per Tola Today to Trade at Rs 106,300, Silver Follows Suit


     

    The price of gold has surged by Rs. 500 in the domestic market today.

    According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 106,300 per tola. Yesterday, the rate was maintained at Rs. 105,800 per tola. Meanwhile, Tejabi gold is being traded at Rs. 105,800 today. In contrast, the rate was maintained yesterday at Rs. 105,300 per tola.