Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter.
In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores.
This quarter, the company earned Rs. 8.52 crores from investments, loans, and other sources.
Kantipur Television (KTV) is a private television station based in Kathmandu, Nepal. Kailash Sirohiya is the chairman and managing director. KTV, which debuted in July 2002, is licensed for both terrestrial and satellite transmission. Tinkune is the headquarters of Kantipur Television. On the 17th Chaitra, 2079, Kantipur Television Network Limited will hold its Special General Meeting (SGM). The meeting will begin at 1 PM in the company’s headquarters in Tinkune, Kathmandu.
As part of its Initial Public Offering (IPO), BPW Laghubitta Bittiya Sanstha Limited issued 80,950 units worth Rs 80.95 lakhs to the general public (Falgun 18- 23, 2079).
Out of the total 97,000 units, 10%, or 9,700 units, were set aside for Nepalese citizens working abroad, 1.50%, or 1,500 units, were set aside for company employees, and 5%, or 4,850 units, were set aside for mutual funds. The remaining 80,950 units will be available to the general public.
The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL).
KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, 2079. Nevertheless, because the auction organizer received insufficient applications, the sale has been extended until Chaitra 6.
Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 119. The promoters’ shares have a minimum bid quantity of 10,000 units. Although bidders may bid for the full issue, they must follow the Nepal Rastra Bank’s guideline not to bid more than once.
SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 7.85 crores closing at a market price of Rs. 455 per share.
Shuvam Power Limited (SPL) gained the highest 9.98% and technically hit positive for the day.
Conversely, Siddhartha Investment Growth Scheme – 2 (SIGS2) lost the highest 5.81% today.
All sector indices closed green, “Hydropower” gained the highest 3.59% while “Manufacturing And Processing” gained the least 1.53% today.
The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit.
Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited is the scheme manager. This is a closed-ended plan. This scheme will invest 35 to 90 percent of the proceeds from unit sales in shares, making it an equity-oriented scheme.
Prabhu Bank Limited has obtained 1.12 crore units out of a total of 8 crore units available, while Prabhu Capital Limited has secured 8 lakh units.
Salt Trading Corporation Limited (STC) has released its second-quarter report for fiscal year 2079/2080, which shows a 47.39% increase in net profit. The company’s net profit increased to Rs. 1.88 crores in Q2, 2079/2080 from Rs. 1.27 crores in the previous year’s corresponding quarter.
The company’s sales revenue (revenue from operations) fell by 1.63% in the second quarter to Rs. 3.45 Arba, down from Rs. 3.51 Arba in the previous year’s corresponding quarter. In contrast, the company’s other income has decreased to Rs. 1.7 Crores from Rs. 3.7 Crores during the same period last year.
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMFcurrent )’s promoters are auctioning off 2,28,295 shares to promoter owners beginning today, 17th Falgun, 2079.
SWMF unit promoter shares worth $2,28,295 will be auctioned off. Only existing promoters are able to bid on the auction within 35 days of its release, on the 17th of Falgun. Shareholders should submit their bids to the company’s headquarters office in Imadol, Kathmandu.
From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO).
The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have been set aside for the general public. Out of the total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were made available to the general public.
Siddhartha Insurance Limited (SIL) has launched 11,59,200 unit bonus shares on NEPSE.
On Poush 29, 2079, the firm had its 21st Annual General Meeting, at which the 9.4737% dividend for the fiscal year 2078/79 was approved. A 9% bonus share and 0.4737% cash dividend (for tax purposes) from the paid-up capital of Rs. 1.28 Arba were recommended at the board of directors meeting on Poush 7. As a result, the proposal included bonus shares worth Rs. 11.59 crores and cash dividends of Rs. 61.01 lakh.
The same bonus shares are now on the NEPSE list. Last week, SIL finished at Rs. 611.
The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points.
The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19
Through 50,532 transactions, 262 scrips changed hands. 6,515,852 shares in all were traded for a total market value of Rs. 2.525 Arba. This is a little more than the turnover of Rs. 2.522 Arba from the previous trading day.
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 an increase in finance expenses.
In this quarter, the company generated total revenue of Rs. 13.93 crores, a reduction of 6.27% over the same quarter of the previous year.
With a share capital of 40 crore rupees, it has a reserve fund of 5.30 crore rupees. Its net worth per share is Rs 113.26, and its yearly earnings per share are Rs 25.09.