Arba

Everest Bank's Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &amp 1
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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Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day 3
IPO | FPO

Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day

Dolti Power Company Limited concluded its Initial Public Offering (IPO) of 12,71,861 unit shares to the general public today, March 3, 2080. The issue debuted on Chaitra 28th, 2079. This IPO is expected to generate Rs 13.46 crore for the firm. Previously, the business awarded 536,486 unit shares worth Rs. 5.36 crores to project-affected residents […]

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ICRA Nepal confirms the rating of NIC ASIA Bank's Rs 3 arba debenture as ICRANP LBBB. 5
Business | Market | Economy

ICRA Nepal confirms the rating of NIC ASIA Bank’s Rs 3 arba debenture as ICRANP LBBB.

  ICRA Nepal Limited has confirmed NIC Asia Bank Limited’s grade. The rating has been removed from the ‘Watch with Negative Implications’ category and moved to the “Issuer Not Cooperating” category, with the following notification for rating withdrawal: The rating agency has assessed the bank’s NPR 3,000 million subordinated debenture as [ICRANP] LBBB “Issuer Not […]

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NMB Bank has completed the sale of its 10.75% -2089/2090 NMB Debenture. 7
Dividend

NMB Bank has completed the sale of its 10.75% -2089/2090 NMB Debenture.

NMB Bank Ltd issued 40 lakh units of Debenture totaling Rs. 4,00,00,00,000 under the issue and sales management of NIBL Ace Capital Limited (Four Arba Rupees Only). The debenture has a 10-year term and pays 10.75% interest per year. The “NMB Debenture 10.75% – 2089/2090” issue was opened on 2079/12/21, was oversubscribed in 4 days, […]

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Mutual Fund Scheme of Global IME Capital " 9
Business | Market | Economy

Mutual Fund Scheme of Global IME Capital "

  The Securities Exchange Board of Nepal (SEBON) has recently added “Global IME Samunnat Yojana -II” to its latest list of mutual fund scheme pipeline status. The Global IME Samunnat Yojana-II will have a fund size of Rs. 1.2 Arba divided into 12 Crore units with a par value of Rs.10 each. On Chaitra 19, […]

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Asian Life Insurance will support the 8.947% dividend. 11
Dividend

Asian Life Insurance will support the 8.947% dividend.

  Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]

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The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital. 13
Business | Market | Economy

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

  One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in […]

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Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE 15
NEPSE NEWS

Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications. The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital […]

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Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed 17
IPO | FPO

Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed

  Modi Energy Limited has distributed IPO shares to Parbat District residents affected by the project. The allotment program came to an end on Chaitra 19, 2079. From the 25th Falgun to the 16th Chaitra, 2079, the company issued 29,00,000 unit IPO shares, representing 10% of the issued capital of Rs. 2.9 Arba, to project-affected […]

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NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta 19
NEPSE NEWS

NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta

On the 9th Magh, the firm had its 25th AGM for the fiscal year 2078/79 and approved a 6.316% dividend. At its 127th board meeting, the business requested a 6.316% dividend on its paid-up capital of Rs. 1.70 Arba. There was a proposal for 6% bonus shares worth Rs 10,20,99,085 and a 0.316% cash dividend […]

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