The current promoters of Prabhu Bank Limited (PRVU) are offering 1,52,805 promoter shares for auction exclusively to existing promoters, starting today. Eligible shareholders have a 35-day window, starting from the notice publication date of 23rd Ashwin, to submit their auction bids. These bids should be presented at the bank’s central office in Babarmahal, Kathmandu.
At the time of writing, PRVU has a Last Traded Price (LTP) of Rs. 158.10.
The initial trading range for the first transaction of IPO shares is between Rs. 124.42 and Rs. 373.26. If the company enters into an agreement with NEPSE, these IPO shares will be available for trading in the secondary market on the following day.
A total of 2,34,00,000 unit shares were issued, with 12,05,320 units being offered to the general public at a price of Rs. 206 per share. This price includes a face value of Rs. 100 and a premium price of Rs. 106 per share. This offering took place from the 10th to the 13th of Bhadra, 2080.
Additionally, Hathway Investment Nepal Limited (HATHY) has listed 2,34,00,000 unit IPO shares on NEPSE, encompassing shares held by promoters and those allocated to the general public.
The IPO allotment for Sonapur Minerals and Oil Limited is scheduled for this Wednesday, which is the 24th of Ashwin, 2080. The allotment event will take place at 9 AM at the offices of the issue manager, NIMB Ace Capital Limited in Kathmandu.
Out of the total 12,165,680 units available, 10% (1,216,568 units) have been allocated to Nepalese citizens working abroad, while another 608,284 units have been reserved for mutual funds. Additionally, 608,284 units have been set aside for the company’s employees. The remaining 9,732,544 units are for the general public.
The price of gold has risen by Rs. 1,000 per tola (fine gold) today when compared to the trading price on Sunday.
As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current value of fine gold is Rs. 1,08,600 per tola, while Tejabi gold is priced at Rs. 1,08,100 today.
In contrast, on Sunday, fine gold was valued at Rs. 1,07,600 per tola, and Tejabi gold was priced at Rs. 1,07,100 per tola.
Nepal Reinsurance Company Limited has given its shareholders a 4.75% bonus share directly in their demat accounts. This action followed the company’s 18th Annual General Meeting on the 15th of Ashad, where a 5% dividend for the fiscal year 2078/79 was approved. Furthermore, during the 453rd board of directors meeting held on Baisakh 17, a decision was made to allocate 4.75% bonus shares and 0.25% cash dividend (for tax reasons) from the company’s paid-up capital of Rs. 12,23,25,00,000.
Citizens Bank International Limited (CZBIL) is concluding the issuance of 30,00,000 units of “10% Citizens Bank Debenture 2090” to the general public and institutions today, which is the 22nd Ashwin, 2080.
These debentures come with a 10-year maturity period and offer a 10% coupon rate. The application period for these debentures opened on the 17th Ashwin, 2080.
Out of the total 30 lakh units being issued, 60% or 18 lakh units are allocated for private placement, while the remaining 12 lakh units valued at Rs. 1.2 Arba are available for public subscription. Additionally, 5% of these units are reserved for mutual funds. This issuance is expected to generate a total of Rs. 3 Arba.
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 1,908.66 points, showing a loss of 12.58 points or 0.65% from the previous day’s closing. It had dropped by 35.67 points the day before.
The trading day began with the index opening at 1,919.97, reaching a low of 1,902.87, and hitting a high of 1,926.72 during the day.
Throughout the trading session, there were 287 different stocks involved in 48,444 transactions. The total volume of shares traded was 4,327,179 units, resulting in a turnover of Rs. 1.17 Arba. The market capitalization amounted to Rs. 29.11 Kharba, with a float market capitalization of Rs. 10.24 Kharba.
Arun Kabeli Power Limited (AKPL) recently granted 1,65,37,288 units of right shares to its shareholders on 19th Ashwin. For those who did not receive these shares, the company will start refunding their money on 24th Ashwin, 2080.
To raise funds, the hydropower company initiated a 100% right shares offering from 11th Bhadra to 31st Bhadra, 2080. They issued 1,85,52,105 units of right shares valued at Rs. 1.85 Arba to their existing shareholders. As a result of this right share allocation, the company’s paid-up capital will increase to Rs. 3.89 Arba.
When I apply share with bank account A the CRN is valid and everything works fine but whenever I choose bank account B and try to proceed with that, There comes a error ” Invalid CRN Provided”.
What is the issue?
View on r/NepalStock by sebak_thapa
The NEPSE index ended at 1,956.92, experiencing a significant loss of 47.38 points or 2.36%. Last week, it closed at 2,004.30, showing a 1.26% increase from the previous week.
Throughout this week, the index reached its highest point at 2,004.58 and its lowest at 1,956.92, showing a total fluctuation of 47.66 points. In the previous week, it had a fluctuation of 43.22 points.
The largest intraday loss this week was 33.20 points on Sunday, with a turnover of Rs 1.83 Arba. However, the total turnover for this week amounted to Rs 7.06 Arba.
Today marks the final opportunity for shareholders to claim the dividend offered by Sanima Bank Limited (SANIMA).
The bank has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080. The AGM will take place at Kundalini Durbar Banquet, Chandol, Kathmandu, starting at 11 a.m.
Among the various items on the agenda, the AGM will approve a 14.7% dividend for the fiscal year 2079/80. The bank’s board of directors has decided to distribute a 5.7% cash dividend and 9% bonus shares from the paid-up capital, which currently stands at Rs. 12.46 Arba. The value of the bonus shares is Rs. 1.12 Arba, and the cash dividend includes the tax amount for the bonus shares.
Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman.
During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.