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Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio. 1
Business | Market | Economy

Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting […]

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IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each 3
IPO | FPO

IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each

Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for […]

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Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2 5
Business | Market | Economy

Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter. This quarter’s net profit decreased as a result of a fall in sales income and […]

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On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each. 7
NEPSE NEWS IPO | FPO

On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.

On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal. From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 […]

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IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad 9
IPO | FPO

IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad

  Bhugol Energy Development Company Limited was formed as a private limited company on February 16, 2009, and was later converted to a public limited company on October 31, 2017, to allow for public participation. The company operates the 3.75-MW Dwari Khola Small Hydropower Project in Nepal’s Dailekh District, Karnali Province. The project began commercial […]

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Price of Gold Surged by Rs 700 Per Tola; Trading Today at Rs 103,200 11
Gold | Silver | Forex

Price of Gold Surged by Rs 700 Per Tola; Trading Today at Rs 103,200

Today’s gold price has risen by Rs. 700 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 103,200 per tola. Yesterday, the rate remained unchanged at Rs. 102,500 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 102,700. In contrast, the […]

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Last Day to Apply for Sagarmatha Jalbidhyut Company's Local IPO; Issue Closing Date: 13
Business | Market | Economy

Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:

From today, 5th Falgun, 2079, Sagarmatha Jalbidhyut Company Limited will close the issue of 11,20,000 unit IPO shares for project-affected locals of Illam District. The issue had begun on the 5th of Magh, 2079. The company’s issued capital is Rs. 1.12 Arba, of which 10%, or 11,20,000 unit shares worth Rs. 11.20 crores, have been […]

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Gold is currently trading at Rs 102,500, having lost Rs 500 per tola today. 15
Gold | Silver | Forex

Gold is currently trading at Rs 102,500, having lost Rs 500 per tola today.

Today’s gold price has dropped by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 102,500 per tola. Yesterday, the tariff remained unchanged at Rs. 103,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 102,000. In contrast, the […]

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Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day. 17
IPO | FPO

Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.

Asian Hydropower Limited issued 697,200 units of shares worth Rs. 6.97 crores to the general public as a part of their Initial Public Offering (IPO) from 27th Magh till 3rd Falgun, 2079. Out of the total 840,000 units; 10% i.e. 84,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% […]

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Today's gold price in Nepal has dropped by Rs 600 per tola. 19
Gold | Silver | Forex

Today’s gold price in Nepal has dropped by Rs 600 per tola.

Today’s gold price has dropped by Rs. 600 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 103,000 per tola. Yesterday, the rate remained unchanged at Rs. 103,600 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 102,500. In contrast, the […]

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