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Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores
Himalayan Reinsurance Limited has announced its plans to issue an Initial Public Offering (IPO) aimed at Nepalese citizens working abroad. The company intends to offer 30,00,000 unit shares, and the subscription period will be open from the 21st Kartik, concluding on the 5th Mangsir in the year 2080. The total issued capital of the company […]
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Last Day to Be Eligible for 1: 2 Rights Offering of Ghalemdi Hydro (GHL)
Today marks the final day for individuals to qualify for Ghalemdi Hydro Limited’s (GHL) rights offering. The company is set to distribute 200% right shares valued at Rs. 1.10 Arba, achieved by issuing 11,000,000 (1:2) units of right shares to its current shareholders. This move is in line with GHL’s intention to secure at least […]
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Gold Prices in Nepalese Market Reach All-Time High, Silver Takes a Dip
The local gold market has recently reached an all-time high, experiencing a substantial surge of Rs. 500 per tola. Official data from the Federation of Nepal Gold and Silver Dealers’ Association reveals that fine gold is now being traded at an unprecedented rate of Rs. 113,700 per tola. This marks a significant increase from the […]
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Vision Lumbini Urja Company Limited Opens IPO Subscription with Additional Units for the Public
Vision Lumbini Urja Company Limited is set to initiate the issuance of its 20,75,285 unit Initial Public Offering (IPO) shares starting on the 16th Kartik, 2080. The closing date for the early subscription period for these shares is the 20th Kartik, with the option for an extension up to the 1st Mangsir, 2080, if the […]
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Vision Lumbini Urja IPO Shares Allocated to Kaski Locals, Future Public Offering Planned
Vision Lumbini Urja Company Limited has completed the allocation of its Initial Public Offering (IPO) shares to project-affected individuals in Kaski District. The distribution took place on Wednesday, 1st Kartik, at the office of Muktinath Capital Limited, the appointed issue manager for the IPO. The company’s total issued capital is Rs. 1.91 Arba, out of […]
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NHPC Lists Right Shares on NEPSE After Successful Allotment and Auction
National Hydro Power Company Limited (NHPC) has successfully listed 82,21,459.7178 units of right shares on the Nepal Stock Exchange (NEPSE). The company had previously issued these right shares to its shareholders at a ratio of 10:5, allowing them to subscribe to the offering from 29th Ashad to 18th Shrawan, 2080. Of the total 82,21,459.7178 unit […]
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Solu Hydropower and Taksar Pikhuwa Khola Hydropower Seek Approval for IPOs in Nepal
Solu Hydropower Limited’s Initial Public Offering (IPO) has been added to the approval pipeline of SEBON (Securities Board of Nepal). The company intends to issue 20,000,000 unit shares to both local and general investors, with the IPO expected to generate a total of Rs. 2 Arba. Nabil Investment Banking Limited has been designated as the […]
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Nepal Stock Exchange (NEPSE) Index Sees Modest Dip in Latest Trading Session
During today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 1,903.84 points, marking a decrease of 4.05 points, equivalent to a 0.21% decline compared to the previous day’s closing. It’s important to note that the index had seen a significant increase of 43.27 points on the last trading day. The trading day kicked […]
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Promoter of Suryodaya Womi Laghubitta Bittiya Sanstha Ltd. Offers 10,000 Shares in Auction to the Public
A new opportunity has emerged for the general public to acquire shares in Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF). Dipak Sharma, one of the existing promoters of SWMF, has decided to auction off 10,000 units of promoter shares to the public. The auction officially commenced today and will remain open for bidding for a […]
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“Gold Price Surges by Rs. 1,300 per Tola in Nepal, Silver Also Sees Increase”
The price of the precious metal gold has experienced a significant boost, rising by Rs. 1,300 per tola today when compared to the trading rate on Tuesday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold now holds a value of Rs. 1,13,200 per tola, while Tejabi gold is […]
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