Can someone please tell me how long (on average) it takes to list the bonus share in nepsetms and mero share after the book close date?
For example, STC book close date was on 22nd Mar 2024 but I do not find the listing date anywhere.
Thank you.
View on r/NepalStock by p_gautam
Ridi Power Company Limited (RIDI) has disclosed the book closure date for its upcoming 50% right shares, set for the 22nd of Magh, 2080. Shareholders holding shares until Magh 21 will be eligible for the rights offering.
The company is set to issue 50% right shares valued at Rs. 77.44 Crores, involving the issuance of 7,744,506 (1:0.50) units of right shares to its existing shareholders. With the current paid-up capital standing at Rs. 1.54 Arba, the proposed right share, totaling 77.44 lakhs units, will elevate the company’s paid-up capital to Rs. 2.32 Arba.
Muktinath Capital Limited has been appointed as the issue manager for this process, overseeing the administration and execution of the right share issuance.
As of the latest information, RIDI is currently trading at an Last Traded Price (LTP) of Rs. 292.00.
where is the info of allotment for QIIs of Book building IPO like Sarbottam Cement available?
View on r/NepalStock by FinalSurgeOfDopamine
Arun Valley Hydropower Development Company Limited (AHPC) has announced that the book closure date for its 100% right shares is set for the 15th of Magh, 2080. This means that only shareholders maintained until Magh 14 will be eligible to participate in the rights offering. The company plans to issue 100% right shares with a total value of Rs. 1.86 Arba by distributing 18,679,626 units of right shares to its existing shareholders. Currently, the paid-up capital of the company stands at Rs. 1.86 Arba. Following the adjustment for the proposed right share issuance of 1.86 crore units, the company’s paid-up capital is expected to double to Rs. 3.72 Arba.
Muktinath Capital Limited has been appointed as the issue manager for this offering. As of the latest information available, AHPC’s Last Traded Price (LTP) is recorded at Rs. 280.90.
In summary, AHPC is making a significant move by offering its existing shareholders the opportunity to acquire additional shares through a 100% right share issuance, thereby aiming to increase its paid-up capital to Rs. 3.72 Arba. The appointment of Muktinath Capital Limited as the issue manager adds a professional touch to the process, and the current market price of AHPC shares is Rs. 280.90.
Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet in Thapagaun, starting at 11 AM.
One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous board meeting on Poush 25, it was decided to distribute this dividend on the paid-up capital of Rs. 2.30 Arba. The proposed distribution includes 8.63% bonus shares valued at Rs. 19.86 crore and a 6.37% cash dividend (including tax) amounting to Rs. 14.66 crore.
Additionally, the AGM will cover the endorsement of the auditor’s report, along with profit and loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2079/80 is also on the agenda. Furthermore, there will be discussions about enhancing the facilities and allowances for the board of directors.
Today marks the final trading day on the Nepal Stock Exchange (NEPSE) for investors to qualify for the entitlement of right shares from Singati Hydro Energy Limited (SHEL).
Singati Hydro Energy Limited plans to issue 100% right shares valued at Rs. 1.45 Arba by offering 14,500,000 (1:1) units of right shares to its existing shareholders. Currently holding a paid-up capital of Rs. 1.45 Arba, the company anticipates a doubled paid-up capital of Rs. 2.90 Arba after the adjustment of the proposed right shares, each valued at 1.45 crore units.
The lock-in period for SHEL is set to conclude on April 9, 2024. Following this, the reserved shares allocated to project-affected individuals, employees, and promoters will be released and become tradable on the secondary market.
Muktinath Capital Limited has been appointed as the issue manager for this right share offering.
Poush 22 has been specified as the book closure date. Therefore, investors who maintain their holdings until that day will be eligible to apply for the right shares.
Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.
A total of 56,000 units of promoter shares are available for auction, and only shareholders meeting the eligibility criteria are encouraged to participate. The auction period spans 15 days from the publication date of this notice, providing existing promoter shareholders with a window to bid for these shares.
As of the latest information, the Last Traded Price (LTP) for MPFL currently stands at Rs. 320. Simultaneously, another financial instrument associated with Multipurpose Finance Company Limited, MPFLPO, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details serve as additional context for potential investors considering participation in the ongoing auction of promoter shares, adding pertinent information to aid their decision-making process.
Singati Hydro Energy Limited (SHEL) has announced the book closure date for its upcoming issuance of 100% right shares, set for the 22nd of Poush, 2080. Consequently, shareholders holding their positions until Poush 21 will be entitled to participate in the rights offering.
The company intends to distribute 100% right shares valued at Rs. 1.45 Arba by issuing 14,500,000 (1:1) units of right shares to its existing shareholders. Currently, the paid-up capital stands at Rs. 1.45 Arba. Following the adjustment for the proposed right share issuance of 1.45 crore units, the company’s paid-up capital is slated to increase to Rs. 2.90 Arba.
To oversee the proceedings of this offering, Kumari Capital has been appointed as the issue manager.
At the time of reporting, SHEL has a Last Traded Price (LTP) of Rs. 286.
Shivam Cements Limited (SHIVM) has announced its 8th Annual General Meeting (AGM) scheduled for the 27th of Poush, 2080. The meeting is set to take place at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 9:00 a.m. Among the various items on the agenda, the AGM will approve a 15% dividend for the fiscal year 2079/80.
The proposal for the 15% dividend was put forward during the 123rd meeting of the board of directors held on Poush 03. In addition to the cash dividend, the company has proposed a distribution of 14.25% bonus shares, amounting to Rs. 62.70 Crores, and a 0.75% cash dividend for tax purposes, valued at Rs. 3.30 Crores. Shivam Cements Limited currently has a paid-up capital of Rs. 4.40 Arba.
Shareholders who maintain their holdings until the book closure date on Poush 19 will be eligible to receive the dividend payout and are also invited to attend the AGM.
Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski.
One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores.
Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba.
Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited.
The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.
Mahalaxmi Bikas Bank Limited (MLBL) has scheduled its 22nd Annual General Meeting (AGM) for the 28th of Poush, 2080. The venue for the meeting is set at Lainchour Banquet in Lainchaur, Kathmandu, starting at 10 am.
One of the key agenda items for the AGM is the endorsement of a 6.40% cash dividend for the fiscal year 2079/80. The decision to distribute this dividend on the paid-up capital of Rs. 4.17 Arba was made during the 579th meeting of the board of directors on Poush 3. The proposed 6.40% cash dividend, inclusive of tax, amounts to Rs 26.69 Crore.
Additionally, another agenda involves the approval of the auditor’s report, including profit and loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2080/81 is also on the agenda. The meeting will also address the consideration of increasing the meeting allowances and other facilities for the board of directors.
The book closure date is set for Poush 19. Shareholders holding shares before this date will be eligible for the dividend payout and are invited to attend the AGM.
Lumbini Bikas Bank Limited (LBBL) has announced its 16th Annual General Meeting (AGM) scheduled for the 26th of Poush, 2080. The meeting is set to take place at Amritbhog, Kalikasthan, Kathmandu, commencing at 11 am on the specified day.
Among the key agendas to be addressed during the AGM, the endorsement of an 8.5% dividend for the fiscal year 2079/80 stands out. This proposal was put forth during the company’s 461st board meeting held on the 26th of Mangsir, 2080. The proposed dividend comprises 4% bonus shares amounting to Rs. 13.53 crores and a 4.5% cash dividend (inclusive of tax) worth Rs. 28.75 crores, derived from the paid-up capital of Rs. 3.38 Arba.
Additionally, the AGM will encompass the endorsement of the auditor’s report, which includes Profit and Loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2080/81 is also among the scheduled agendas.
The book closure date for entitlement to the dividend payout and attendance at the AGM is set for the 17th of Poush. Shareholders who maintain their shares up to this date will be eligible for the dividend and can actively participate in the AGM proceedings.