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Tag: Business

Chirkhwa Hydro Power IPO Allotment Sees Overwhelming Demand, 11.14 Times Oversubscribed 1
October 31, 2023

Chirkhwa Hydro Power IPO Allotment Sees Overwhelming Demand, 11.14 Times Oversubscribed

IPO | FPO

The initial public offering (IPO) allotment for Chirkhwa Hydro Power Limited is scheduled for this Thursday, falling on the 16th of Kartik, 2080, in accordance…

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Mirmire Laghubitta FPO Allotment Set for Thursday with Overwhelming Demand 3
October 31, 2023

Mirmire Laghubitta FPO Allotment Set for Thursday with Overwhelming Demand

IPO | FPO

The FPO (Follow-on Public Offering) allotment for Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) is scheduled for this Thursday, which falls on the 16th of Kartik,…

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NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors 5
October 31, 2023

NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors

NEPSE NEWS

The Nepal Stock Exchange (NEPSE) Index concluded the day at 1,864.40 points, recording a decline of 14.29 points, or 0.76%, compared to the previous day’s…

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Struggles of Newly Listed Companies: SONA and GCIL Face IPO Price Pressures in Secondary Market 7
October 31, 2023

Struggles of Newly Listed Companies: SONA and GCIL Face IPO Price Pressures in Secondary Market

Business | Market | Economy

Sonapur Minerals and Oil Limited (SONA) had its initial public offering (IPO) priced at Rs. 237.58 per share, but after entering the secondary market, it…

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Mathillo Mailun Khola Jalvidhyut IPO Allotment Concluded; 128,420 out of 11,85,642 Valid Applicants Get 10 Units Each 9
October 20, 2023

Mathillo Mailun Khola Jalvidhyut IPO Allotment Concluded; 128,420 out of 11,85,642 Valid Applicants Get 10 Units Each

IPO | FPO

The IPO allotment process for Mathillo Mailun Khola Jalvidhyut Limited has been successfully completed at the offices of the issue manager, Sanima Capital Limited in…

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RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81 11
October 20, 2023

RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81

Business | Market | Economy

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has recently released its first quarterly report for the fiscal year 2080/81, revealing several noteworthy findings. One of the…

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Sanima Bank's 19th AGM Approves 9% Bonus Share and 5.70% Cash Dividend 13
October 20, 2023

Sanima Bank’s 19th AGM Approves 9% Bonus Share and 5.70% Cash Dividend

Dividend

Sanima Bank Limited has successfully concluded its 19th Annual General Meeting (AGM) on October 19, 2023. Mr. Tuk Prasad Poudel, serving as the Chairman, presided…

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Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores 15
October 20, 2023

Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores

IPO | FPO

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…

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Last Day to Be Eligible for 1: 2 Rights Offering of Ghalemdi Hydro (GHL) 17
October 19, 2023

Last Day to Be Eligible for 1: 2 Rights Offering of Ghalemdi Hydro (GHL)

Business | Market | Economy

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…

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Gold Prices in Nepalese Market Reach All-Time High, Silver Takes a Dip 19
October 19, 2023

Gold Prices in Nepalese Market Reach All-Time High, Silver Takes a Dip

Gold | Silver | Forex

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…

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Vision Lumbini Urja Company Limited Opens IPO Subscription with Additional Units for the Public 21
October 19, 2023

Vision Lumbini Urja Company Limited Opens IPO Subscription with Additional Units for the Public

IPO | FPO

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,…

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Vision Lumbini Urja IPO Shares Allocated to Kaski Locals, Future Public Offering Planned 23
October 19, 2023

Vision Lumbini Urja IPO Shares Allocated to Kaski Locals, Future Public Offering Planned

IPO | FPO

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…

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