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The application deadline for the "Citizens Super 30 Mutual Fund" has been extended till Baisakh 20. 3
Business | Market | Economy

The application deadline for the “Citizens Super 30 Mutual Fund” has been extended till Baisakh 20.

Citizens Capital Limited has extended the deadline for the general public to invest in the mutual fund scheme “Citizens Super 30 Mutual Fund” until the 20th Baisakh, 2080. The problem began on the 6th of Baisakh and was intended to end today, the 10th of Baisakh, 2080. However, because the problem manager did not get […]

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'Himalayan Stock Exchange' applied for license of new stock exchange 5
Business | Market | Economy Himalayan Stock Exchange

‘Himalayan Stock Exchange’ applied for license of new stock exchange

“Himalayan Stock Exchange” has applied for a license to the Nepal Securities Board for a new stock exchange. The application has been filed by Himalayan Stock Exchange, which has been established with the participation of prominent business families in Nepal, including Shankar Group, along with the largest industrial houses in Nepal such as Shekhar Golchha […]

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Goodwill Finance's net profit drops by 86.68%. 7
Business | Market | Economy

Goodwill Finance’s net profit drops by 86.68%.

In the third quarter ending Chaitra 2079 (FY79/80), Goodwill Finance Limited’s net profit plummeted by 86.68 percent to Rs 1.99 crore, compared to Rs 15 crore the previous year. The decrease in Net Profit is attributable to a variance in other operating income, which has decreased by 46.29% due to an increase in Impairment charges […]

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Dolti Power Company's Initial Public Offering (IPO) has concluded, with 1,27,186 lucky applicants receiving 10 units each. 9
IPO | FPO

Dolti Power Company’s Initial Public Offering (IPO) has concluded, with 1,27,186 lucky applicants receiving 10 units each.

Dolti Power Company Limited’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu. Dolti Power Company Limited offered 12,71,861 units worth Rs 12.71 crores to the general public as an Initial Public Offering (IPO) (Chaitra 28, 2079- Baisakh 3, 2080).According to the allocation module, a total of […]

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SEBON has finally approved Ghorahi Cement Industry's IPO proposal. 11
IPO | FPO

SEBON has finally approved Ghorahi Cement Industry’s IPO proposal.

  The Securities Exchange Board of Nepal (SEBON) has authorized Ghorahi Cement Industry Limited’s proposed initial public offering (IPO) on Baisakh 06, 2080. The corporation will now distribute 7,943,801 unit shares. A total of 3,97,190 unit shares are reserved for project-affected locals, while the remaining 75,46,611 unit shares are designated for the general public. The […]

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Everest Bank's Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp 13
Business | Market | Economy

Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp

  Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080. After […]

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Chhyangdi Hydropower Company Approves 100% Right Shares Offering 15
IPO | FPO

Chhyangdi Hydropower Company Approves 100% Right Shares Offering

  Chhyangdi Hydropower Company Limited (CHL) has scheduled its 9th Annual General Meeting (AGM) for the 28th of Baisakh, 2080. The conference would begin at 11 a.m. that day in Agrawal Bhawan, Kamalpokhari, Kathmandu.  

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Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares. 17
IPO | FPO

Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.

  Arun Valley Hydropower Development Company Limited (AHPC) intends to give its shareholders 100% rights shares. The board of directors proposed at its meeting on Baisakh 06 to issue right shares in the ratio of 1:1, i.e. 18,679,626 right shares of Rs. 100 par value worth Rs 1.86 arba, so that the company can invest […]

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Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares 19
Business | Market | Economy

Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares

  The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]

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