On Tuesday, which was Bhadra 26 in the Nepali calendar, the Chirkhwa Hydropower IPO was allocated to Nepali migrant workers living abroad. The IPO distribution took place at the office of RBB Merchant Banking Limited, which serves as the company’s IPO issue manager.
The price of gold saw a decrease of Rs. 800 per tola (fine gold) compared to Tuesday’s trading. Today, fine gold is valued at Rs. 1,11,200 per tola, while tejabi gold is priced at Rs. 110,650. In contrast, on Tuesday, fine gold was at Rs. 1,12,000 per tola, and tejabi gold was at Rs. 1,11,450.
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 2,007.06 points, marking a significant increase of 39.48 points or 2.00% compared to the previous day’s close, which had seen a loss of 19.42 points. The trading session began with the index opening at 1,967.26 and hitting an intraday low at 1,967.25 points.
Everest Bank Limited (EBL) has proposed a 20.53% dividend for the fiscal year 2079/80. In their 357th Board of Directors (BODs) meeting on Bhadra 27, they decided to distribute this dividend as a 10.53% cash dividend and a 10% bonus share from their paid-up capital, which is currently at Rs. 10.69 Arba. It’s important to
Mandu Hydropower Limited recently offered 12,05,320 IPO shares to the general public at a price of Rs. 206 per share, comprising a face value of Rs. 100 and a premium price of Rs. 106. This offering took place from the 10th to the 13th of Bhadra, 2080. Initially, the company had allotted 272,730 units of
Synergy Power Development Limited (SPDL) has decided to extend the deadline for its rights offering. The rights offering commenced on the 3rd of Bhadra, 2080, and was initially set to conclude on the 24th of Bhadra. However, the company has now extended the deadline to the 31st of Bhadra, 2080. In this rights offering, SPDL
Daramkhola Hydro Energy Limited has submitted an IPO proposal to SEBON (Securities Board of Nepal). The proposal outlines the issuance of 3,950,000 shares, with the aim of raising Rs. 39.5 crores for the company. This application was submitted on Bhadra 05, 2080. For the public offering, Laxmi Capital has been appointed as the issue manager.
During this week, trading on the Nepal Stock Exchange (NEPSE) was limited to four days due to the Gai Jatra holiday on Wednesday. The NEPSE index closed at 1,932.45, reflecting a loss of 58.14 points, which amounts to a 2.92% decrease. In the previous week, the index had closed at 1,990.59, showing a 1.16% decline.
The government is planning to allow 60 percent of the funds accumulated at the local level to be recognized as deposits. The Ministry of Finance has made this decision and is set to send a letter to the Nepal Rastra Bank on Friday. The Nepal Rastra Bank, starting today, is preparing to issue directives
CDS & Clearing Limited (CDSC) has provided an update on the public IPO collection of Hathway Investment Nepal Limited as of 10 am on Bhadra 24. Hathway Investment Nepal Limited had initiated the issuance of 24,27,750 unit IPO shares, each with a face value of NPR 50, to the general public starting from Bhadra 21,
