Tag: Alert

  • Singati Hydro Energy Announces 1:1 Right Share Issue

    Singati Hydro Energy Announces 1:1 Right Share Issue


    Singati Hydro Energy Limited (SHEL) has commenced issuing a 1:1 ratio of right shares to its shareholders at a par value of Rs. 100 per share from today, the 2nd of Falgun, until the 22nd of Falgun, 2080. The hydropower company plans to distribute 100% right shares valued at Rs. 1.45 Arba, consisting of 14,500,000 (1:1) units, to its existing shareholders. Currently, SHEL’s paid-up capital stands at Rs. 1.45 Arba. Upon the adjustment of the proposed right shares, totaling 1.45 crore units, the company’s paid-up capital will double to Rs. 2.90 Arba.

     

  • Automatic Price alert system for nespe

    Automatic Price alert system for nespe


    Hey, In which website or app i can get the automatic notification regarding the price alert which i hve set earlier so that i have not to keep tracking the chart on daily basis.

    View on r/NepalStock by rajanraazpandey

  • Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

    Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders


    Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

    A total of 56,000 units of promoter shares are available for auction, and only shareholders meeting the eligibility criteria are encouraged to participate. The auction period spans 15 days from the publication date of this notice, providing existing promoter shareholders with a window to bid for these shares.

    As of the latest information, the Last Traded Price (LTP) for MPFL currently stands at Rs. 320. Simultaneously, another financial instrument associated with Multipurpose Finance Company Limited, MPFLPO, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details serve as additional context for potential investors considering participation in the ongoing auction of promoter shares, adding pertinent information to aid their decision-making process.

  • Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores

    Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores


    Himalayan Reinsurance Limited has announced its plans to issue an Initial Public Offering (IPO) aimed at Nepalese citizens working abroad. The company intends to offer 30,00,000 unit shares, and the subscription period will be open from the 21st Kartik, concluding on the 5th Mangsir in the year 2080.

    The total issued capital of the company stands at Rs. 10 Arba, out of which 30%, equivalent to 3,00,00,000 unit shares, will be made available to the public, including Nepalese citizens working abroad and the general public. Of this total issuance, 10% or 30,00,000 unit shares are specifically reserved for Nepalese citizens working abroad, with their subscription period commencing on the 21st Kartik.

    Additionally, 2% of the offered shares, totaling 600,000 units, have been set aside for the company’s employees, while 5% or 15,00,000 units have been allocated for mutual funds. The remaining 2,49,00,000 units will be made accessible to the general public at a later date.

    The shares are set to be issued at a price of Rs. 206 per share, which includes a premium of Rs. 106 per share on top of the Rs. 100 face value. This IPO offering is expected to raise Rs. 61.8 crores for the company.

    NMB Capital Limited has been appointed as the issue manager for this IPO. Investors can apply for a minimum of 10 units and have the opportunity to subscribe to a maximum of 300,000 units.

    Himalayan Reinsurance is the second reinsurance company in Nepal to issue an IPO. As a pioneering private-sector reinsurance firm, it specializes in providing reinsurance support to both Life and Non-Life Insurance Companies within Nepal and on an international scale. The company received its operational license in 2021.

    Prominent promoters of Himalayan Reinsurance include leading business conglomerates in Nepal and significant financial institutions, such as Golchha Group, Shanker Group, Infinity Holdings, and others, along with two major government-owned banks: Nepal Bank Limited and Rastriya Banijya Bank Limited.

    ICRA Nepal has reaffirmed Himalayan Reinsurance Limited with an issuer rating of [ICRANP-IR] A-. This rating reflects a reasonable degree of safety concerning the timely fulfillment of financial obligations, signifying low credit risk for investors.

  • “Synergy Power Development Launches 1:0.5 Right Share Issue Today”

    “Synergy Power Development Launches 1:0.5 Right Share Issue Today”


    Synergy Power Development Limited (SPDL) has announced the commencement of a new issuance, offering a 2:1 (or 1:0.5) ratio of 4,032,875 units of right shares to its current shareholders. Priced at a par value of Rs. 100 per share, the issuance started on 3rd Bhadra and will continue until the closing date on 24th Bhadra, 2080, during office hours.

    This hydropower company is introducing 50% right shares, equivalent to Rs. 40.32 Crores in value, through the distribution of 4,032,875 units of right shares to its existing shareholders. With a current paid-up capital of Rs. 80,65,75,000, the company’s paid-up capital is set to grow to Rs. 120.98 Crores following the adjustment for the proposed right share issuance.

     

  • IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.

    IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.


     

    City Hotel Limited has issued an offer letter to Nepalese citizens working abroad and the general public in preparation for its Initial Public Offering (IPO).

    From the 21st Chaitra, 2079, the company will issue 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad. This issue will be closed on the 5th of Baisakh, 2080.

    Similarly, on the 25th of Baisakh, 2080, the company will issue 13,55,940 unit shares with a face value of Rs 100 to the general public.

    This issue’s early closing date is on 28th Baisakh, and if it is not fully subscribed, it can be extended until 8th Jestha, 2080.

  • IPO Warning! Asian Hydropower will issue 697,200 unit IPO shares to the general public beginning on March 27.

    IPO Warning! Asian Hydropower will issue 697,200 unit IPO shares to the general public beginning on March 27.


    Asian Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 27th of Magh, 2079, the company will issue 6,97,200 unit shares with a face value of Rs 100. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing date is Falgun 2, 2079, and if it is not fully subscribed, it can be extended until Falgun 12, 2079.

    .