Banking »

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

Earnmoney.com.np / April 17, 2023

On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst […]

Dividend

On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.

Earnmoney.com.np / April 17, 2023

Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.

IPO | FPO

Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.

Earnmoney.com.np / April 17, 2023

Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080.

IPO | FPO

From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.

Earnmoney.com.np / April 17, 2023

Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that

NEPSE NEWS

NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover.

Earnmoney.com.np / April 17, 2023

The NEPSE index finished at 1,908.04 today, down 23.64 points from the previous trading day’s close. This is a 1.22% decrease. Yesterday, the index fell 2.80 points. The index opened today at 1,931.84 and reached an intraday high of 1,937.65. In contrast, it dropped as low as 1,904.39 before closing at 1,908.04

Gold | Silver | Forex

Gold has dropped by Rs 800 per tola and is now trading at Rs 110,000.

Earnmoney.com.np / April 16, 2023

In the domestic market today, fine gold is down Rs. 800 per tola, while tejabi gold is down Rs. 750 from yesterday’s pricing. Fine gold is now trading at Rs. 110,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association’s official website. Yesterday, the price per tola remained constant at Rs.

IPO | FPO

Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

Earnmoney.com.np / April 16, 2023

Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu. Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079). 108,811 units have already been released and assigned to Nepalese

NEPSE NEWS

NEPSE lost 0.14% on the first trading day of 2080, while intraday turnover remained at Rs. 97.45 crores.

Earnmoney.com.np / April 16, 2023

The NEPSE index finished at 1,931.68 today, down 2.80 points from the previous trading day’s close. This is a 0.14% decrease. Last Thursday, the index fell 29.07 points. The index began today at 1,934.51 and reached an intraday high of 1,945.05. In comparison, it dropped as low as 1,918.52 before closing at 1,931.68. Through 33,149

IPO | FPO

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

Earnmoney.com.np / April 16, 2023

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

Nepal Stock Exchange

SEBON Extends the Deadline for Companies Interested in Stock Exchange Operations

Earnmoney.com.np / April 15, 2023

The Securities Board of Nepal (SEBON) has issued a notice to eligible institutions requiring them to apply for a Commodities Exchange Market Operation license and a Stock Exchange Operation license within 10 days. To provide investors with market access, enable commodity price innovation, and provide investors with alternative investment instruments to preserve price stability, a

IPO | FPO

From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public.

Earnmoney.com.np / April 14, 2023

From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh,

Business | Market | Economy

Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.

Earnmoney.com.np / April 14, 2023

Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01