Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has published its third-quarter report for the fiscal year 2079/2080, which shows a significant decline in net profit by 108.05% compared to the same quarter in the previous year. The net profit dropped to a negative of Rs. 42.52 lakhs from Rs. 5.28 crores. The company’s borrowings decreased […]
The Securities Board of Nepal (SEBON) has given approval for the Further Public Offering (FPO) of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) on Baisakh 21, 2080. UNLB will issue 379,425 units of FPO shares, which the general public can apply for at a par value of Rs. 100 per share, raising Rs. 37,942,500 for
Modi Energy Limited is wrapping up its IPO issuance of 55,59,420 unit shares worth Rs. 100 each to the general public from today i.e. May 7, 2023. The issue was opened on May 1, 2023. However, the IPO issue is already oversubscribed by 2.14 times so far as 1,062,761 applicants have applied for a total
Upper Syange Hydropower Limited is offering shares to project-affected locals of the Lamjung District and Nepalese citizens working abroad. The IPO will be open from 1st Jestha to 16th Jestha, 2080, and if the issue is not subscribed by the early closing date for locals of Lamjung District, it can be extended till the 30th
The price of gold in Nepal has broken an all-time high record once again, gaining Rs. 1200 in a single day. As per the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 111,800 per tola, while Tejabi gold is being traded at Rs.
Citizen Investment Trust (CIT) has released its unaudited report for the third quarter of the fiscal year 2079-2080, showing a significant increase in net profit. The company recorded a net profit of Rs. 77.79 crores, marking a 26.15% increase from the corresponding quarter of the previous year. During this quarter, CIT made investments amounting to
Citizens Capital Limited has announced the closure of its mutual fund scheme, “Citizens Super 30 Mutual Fund”, to the general public from 20th Baisakh, 2080. The issue was opened on the 6th of Baisakh and was supposed to close on the 10th of Baisakh, 2080. However, as the issue manager didn’t receive enough applications, the
Gold prices are on the rise in the Nepalese market once again. Today, fine gold gained Rs. 1800 per tola while tejabi gold rose by Rs. 1750 per tola from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is being traded today at Rs. 110,600 per
Modi Energy Limited has started offering 55,59,420 unit IPO shares with a face value of Rs 100 to the public, aiming to raise Rs 55.59 crore. The IPO will close on the 24th of Baisakh, and it can be extended up to the 2nd of Jestha, 2080, if it is not fully subscribed. The company
Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating a 78.98% decline from the relevant period of the previous fiscal year. The company’s paid-up capital remains at Rs. 1.35 Arba, and it has a negative reserve of Rs 3.64
