Tag: Capital

  • Seed Energy Partners with NMB Capital for Initial Public Offering Management

    Seed Energy Partners with NMB Capital for Initial Public Offering Management


    Seed Energy Ltd has finalized an agreement with NMB Capital Limited for the management of its Initial Public Offering (IPO). This development signifies a noteworthy achievement for Seed Energy Ltd as it prepares to introduce its shares to the public. The collaboration with NMB Capital Limited, a renowned entity in issue management, is anticipated to be pivotal in ensuring the IPO’s success. This strategic partnership marks a significant advancement for Seed Energy Ltd and fosters optimism regarding the potential prosperity of the forthcoming IPO.

  • NAV Reports for Sanima Large Cap Fund, Sanima Equity Fund, and Sanima Growth Fund in Magh

    NAV Reports for Sanima Large Cap Fund, Sanima Equity Fund, and Sanima Growth Fund in Magh


    Sanima Large Cap Fund (SLCF) is a closed-end mutual fund managed by Sanima Capital, associated with Sanima Bank, featuring a 7-year maturity period. With a fund size of Rs. 1.20 arba, SLCF made investments in the month of Magh, allocating Rs. 82.33 crore to listed company shares and Rs. 1.92 crore to public issues, right shares, and bonus shares. The fund also holds Rs. 12 crore in fixed deposits, Rs. 10.28 crore in bonds and debentures, and a bank balance of Rs. 11.67 crores. Reporting a net profit of Rs. 1.69 crores in Magh, there’s a decrease from the previous month’s profit of Rs. 3.73 crores, with the NAV dropping from Rs. 10.09 to Rs. 9.92.

    Sanima Equity Fund (SAEF), another 7-year closed-end mutual fund under Sanima Capital, initiated with a fund size of Rs. 1.30 Arba. In Magh, the fund invested Rs. 1.03 Arba in listed shares and Rs. 2.78 crores in public issues, right shares, and bonus shares. Additionally, it has Rs. 17 crores in fixed deposits, Rs. 10.26 crores in bonds and debentures, and a bank balance of Rs. 10.57 crores. SAEF reported a net loss of Rs. 1.42 crores in Magh, a decrease from the previous month’s net profit of Rs. 1.87 crores, with the NAV declining from Rs. 11.43 to Rs. 11.18.

    Sanima Growth Fund (SAGF), a closed-end fund with an 11-year maturity period, disclosed a fund size of Rs. 67.25 Crores. In Magh, SAGF invested Rs. 43.77 crore in listed shares, Rs. 1.47 crore in public issues, and Rs. 8 crore in fixed deposits. The fund holds Rs. 16.33 crores in the bank and other assets worth Rs. 55.31 lakhs. Reporting a net profit of 4.65 crores in Magh, there’s a decrease from the previous month’s net profit of 5.30 crores, with the NAV decreasing from Rs. 11.06 to Rs. 10.96.

  • Garima Capital Offers Free Demat and Meroshare Accounts to Nepali Investors

    Garima Capital Offers Free Demat and Meroshare Accounts to Nepali Investors


     

    Garima Capital Limited has launched a new program called “Every Nepali Shareholder,” enabling all Nepali citizens to open a Demat and Meroshare account without any charges. You can do this by visiting their main office in Kamalpokhri, Kathmandu, or at branch locations of Garima Bikas Bank Limited and Reliance Finance Limited across Nepal. Alternatively, you can also complete the process online through Garima Capital Limited’s website.