Baisakh

Nepali Banks' Interest Rate Review: Baisakh 2081 Update 1
Business | Market | Economy

Nepali Banks’ Interest Rate Review: Baisakh 2081 Update

In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to […]

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"Kumari Capital's Mutual Fund Schemes Experience NAV Decline After Losses in Baisakh" 3
Business | Market | Economy

“Kumari Capital’s Mutual Fund Schemes Experience NAV Decline After Losses in Baisakh”

  “Kumari Capital Releases NAV Report for KEF, KDBY, and KSLY in Shrawan 2080” Kumari Capital has disclosed the Net Asset Value (NAV) reports for Kumari Equity Fund (KEF), Kumari Dhanabriddhi Yojana (KDBY), and Kumari Sunaulo Lagani Yojana (KSLY) for the month of Shrawan, 2080. In this period, Kumari Equity Fund (KEF) exhibits a fund […]

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Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh 5
Business | Market | Economy

Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh

The latest NAV report for “Shubha Laxmi Kosh,” an open-ended fund, has been released. As of the month of Baisakh, the fund size stands at Rs. 28.14 crores. The NAV for Baisakh is recorded at Rs. 9.26. Shubha Laxmi Kosh has invested Rs. 17.22 crores in listed shares and an amount of Rs. 488,276.89 in […]

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IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba 7
Business | Market | Economy

IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba

The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1 swap ratio and forming a new entity called “IGI Prudential Insurance Limited”. The merger has received final approval from the Nepal Insurance Authority and the Office of the Registrar of […]

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Chitwan will host the 7th Chitwan International Industrial Fair beginning on Baisakh 22. 9
Business | Market | Economy

Chitwan will host the 7th Chitwan International Industrial Fair beginning on Baisakh 22.

  CNI Chitwan, in collaboration with other government and non-government organizations, will host the 7th International Chitwan Industrial Fair 2080 on Baisakh 22, 23, and 24, 2080 at the Chitwan Exhibition Hall in Bharatpur.  

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From Baisakh 19, Ghorahi Cement Industry will provide IPO shares at a premium price to Dang District residents and Nepalese working abroad. 11
IPO | FPO

From Baisakh 19, Ghorahi Cement Industry will provide IPO shares at a premium price to Dang District residents and Nepalese working abroad.

  Ghorahi Cement Industry Limited (GCIL) has issued an offer letter to provide an Initial Public Offering (IPO) to Dang District residents and Nepalese people living overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 19th of Baisakh to the 2nd of Jestha, 2080. It should […]

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The application deadline for the "Citizens Super 30 Mutual Fund" has been extended till Baisakh 20. 13
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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Modi Energy will issue 59,94,420 unit IPO shares to the general public beginning in Baisakh 19. 15
IPO | FPO

Modi Energy will issue 59,94,420 unit IPO shares to the general public beginning in Baisakh 19.

  Modi Energy Limited has sent an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 19th of Baisakh, 2080, the firm would issue 59,94,420 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 59.94 crore for the firm. This issue’s […]

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Chhyangdi Hydropower Company Approves 100% Right Shares Offering 17
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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On Baisakh 04, Ingwa Hydropower distributed IPO shares to project-affected locals and Nepalese working abroad. 19
IPO | FPO

On Baisakh 04, Ingwa Hydropower distributed IPO shares to project-affected locals and Nepalese working abroad.

Ingwa Hydropower Limited has distributed IPO shares to Taplejung District residents and Nepalese people working overseas. The allotment program ended on the 4th of Baisakh, and money will be refunded to non-allottee applicants beginning on the 6th of Baisakh, 2080. The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares […]

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