Tag: application

  • Hams Hospital Makes Historic Move with Initial Public Offering, Paving the Way for Health Sector Entry into Nepal’s Capital Market

    Hams Hospital Makes Historic Move with Initial Public Offering, Paving the Way for Health Sector Entry into Nepal’s Capital Market


    Hospital for Advanced Medicine and Surgery Limited, also known as Hams Hospital, has taken a significant stride towards entering the capital market by submitting an application for an Initial Public Offering (IPO) to the Nepal Securities Board. Muktinath Capital Limited manages this endeavor, where the hospital intends to make 1,125,000 shares available for sale to the general public.

    The IPO application, filed on the present date, outlines a proposed total valuation of the hospital at Rs. 288 per share. This valuation comprises a face value of Rs. 100 and an additional premium of Rs. 188. The offering represents 15% of the issued capital, with each share valued at Rs. 288. This strategic move establishes Hams Hospital as the pioneering health sector company to venture into Nepal’s capital market.

    Established on November 2, 2054, and granted a license by the Ministry of Health of Bagmati Province, Hetauda, Hams Hospital functions with a bed capacity of 100. The institution is committed to delivering healthcare services of superior quality at affordable rates. This bold step into the capital market positions Hams Hospital at the forefront of health sector entities participating in Nepal’s financial landscape.

  • “Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”

    “Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”


    Nepal Life Insurance Company has resolved insurance claims totaling Rs 69.62 Arba as of the end of Ashoj, 2080. The disbursements primarily include death-related claims distributed among 13,512 policyholders and their nominees, encompassing both local and international beneficiaries, with a cumulative payout of Rs 5.68 Arba. The company, aiming for efficiency, has successfully settled 93% of claims by the conclusion of Ashoj. Furthermore, it commits to a swift resolution for accidental death-related claims within 3 working days and other death-related claims within 7 working days, contingent on complete documentation. Notably, the insurer has achieved a commendable record, settling 46% of claims within 3 days, 67% within 7 days, and 81% within 1 month of the comprehensive documentation submission, as highlighted in the media statement.

  • Meroshare must have a feature to cancel the verified IPO application till the IPO closing date.

    Meroshare must have a feature to cancel the verified IPO application till the IPO closing date.


    Edit :- Sorry the previous post accidentally got deleted so I cannot see your comments.

    Sorry if I am unaware of the feature to cancel the IPO application & if we can cancel IPO application than can you tell me how?

    Secondary market ma trade huna thale pachi ta price increase vaye halxa vanera so profit book garera nikli halne ho vanera maile GHORAHI Cement ko IPO vareko theya malai yo long term ko lagi ta ramro company hola jasto suru mai lageko thena but aile IPO oversubscribed vako data haru aaye rakhda ne yesle IPO fill garne time thap gareko xa jasko matlab ke yo company ko promoters harule General Public laai ullu banauna ko lagi dherai accounts bata maximum quantity ma IPO application deye without having any money in the bank jasle garda IPO application afai reject hunxa but data ma chai IPO oversubscribed vako dekhinxa.

    Ani General public le ta IPO oversubscribe vako post haru social media ma dekhi pachi IPO varne soch banauxa. malai aba ta mero poisa fix dubyo jastai lagi rako xa.

    meroshare ma or kunai tarika le IPO ko application cancel garna milxa vane vandinu or cdsc le yo ghorahi cement ko IPO close hunu vanda agi nai meroshare mai IPO application cancel garne feature add garnu parxa.

    ​

    EDIT : I just wrote an email to cdsc hope they cancel my IPO application.

    View on r/NepalStock by Nawarajkarki

  • Disqualified due to duplicate application

    Disqualified due to duplicate application


    Status: Disqualified
    Remarks: Disqualified due to duplicate application

    Yo vaneko arko le pani IPO bhardai cha ho ?

    View on r/NepalStock by forbiddenvoices7

  • Is there any options to edit the verified right share application on Meroshare?

    Is there any options to edit the verified right share application on Meroshare?


    Mistakely, I applied to API right share with only 10 units. The application is already verified from the other end. Thus, is there any alternative with which I can edit the applied units?

    View on r/NepalStock by TimeComfortable7042

  • Ghorahi Cement Industry Limited Concludes IPO for Nepalese Citizens Working Abroad and Extends Deadline for Project-Affected Locals

    Ghorahi Cement Industry Limited Concludes IPO for Nepalese Citizens Working Abroad and Extends Deadline for Project-Affected Locals


    Ghorahi Cement Industry Limited has announced the closure of its Initial Public Offering (IPO) for Nepalese citizens working abroad starting from 2nd Jestha, 2080. The company has also extended the IPO deadline for project-affected locals until 17th Jestha. The IPO had initially opened on 19th Baisakh, 2080.

    With an issued capital of Rs. 3.97 Arba, Ghorahi Cement will be issuing 20% of its shares, totaling 79,43,801 units, to the public, including locals, Nepalese citizens working abroad, and the general public. Out of the total issued capital, 1% or 397,190 units have been allocated to project-affected locals in the Dang District. Additionally, 19% or 75,46,611 units will be issued later for the general public, with 10% or 7,54,661 units specifically allocated for Nepalese citizens working abroad, closing today.

    The shares will be offered at Rs. 400 per unit for locals and Rs. 435 per unit for Nepalese citizens working abroad, including premiums of Rs. 300 and Rs. 335, respectively.

    Himalayan Capital Limited and Nabil Investment Banking Limited have been appointed as the issue managers for the IPO. Following the issuance, the promoter-public share ratio will be 80:20, generating a total of Rs. 3.44 Arba for the company. Out of this amount, Rs. 2.645 Arba will be allocated as a premium, while the remaining will be added to the paid-up capital.

    According to CDSC, a total of 13,236 applications have been received from Nepalese citizens working abroad, representing a demand for 595,520 units so far.

    CARE Ratings Nepal Limited (CRNL) has assigned a rating of ‘CARE-NP BBB- (Is)’ to Ghorahi Cement Industry Limited, indicating a moderate degree of safety regarding the timely servicing of financial obligations in Nepal.

  • RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public

    RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public


    RBB Merchant Banking Limited has concluded the public offering of its mutual fund scheme, “RBB Mutual Fund 2,” on the specified date of 31st Baisakh. The offering, which initially opened on the 17th Baisakh and was intended to close on the 21st Baisakh, had been extended due to an insufficient number of applications.

    Out of a total of 12 crore unit shares, the fund sponsor, Rastriya Banijya Bank Limited, has been allocated 15% or 1.80 crore units worth Rs. 18 crores. The remaining 10.20 crore units were made available to the general public.

    As reported by CDSC (Central Depository System and Clearing Ltd.), as of 5 PM last Friday, a total of 15,651 applicants have applied for 46,046,424 units worth Rs. 46.04 crores.

    “RBB Mutual Fund 2” is a closed-end fund that will be traded on the Nepal Stock Exchange (NEPSE) and has a maturity period of 10 years. Interested applicants were able to apply for a minimum of 100 units up to a maximum of 12,000,000 units.

    RBB Merchant Banking Limited currently manages another closed-end fund, RBB Mutual Fund 1 (RMF1), in the market.

  • Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited

    Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited


    Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited.

    The current paid-up capital of the company is Rs. 1.60 Arba, and after the issue of the right share in the ratio of 1:0.75, the paid-up capital of the company will be increased to Rs. 2.8 Arba. The book closure date for the rights issue is Baisakh 27, and shareholders who have maintained shares until the last trading day before the book closure are eligible to apply for the right shares.

    Today is the last day for interested shareholders to become eligible for the rights offering. If you miss the deadline, you will not be able to apply for the right shares. As of writing, HDHPC’s last traded price (LTP) is Rs. 187.90.

    If you’re interested in investing in HDHPC, you can apply for the right shares through your stockbroker or by visiting the website of Laxmi Capital Markets Limited. It’s important to carefully consider the terms of the rights offering and do your research on the company before making an investment decision.