Tag: Card

  • “10.5% BOK Debenture 2086” is now available on the NEPSE.

    “10.5% BOK Debenture 2086” is now available on the NEPSE.


    In NEPSE, 11,00,000 units of “10.5% BOK Debenture 2086” have been listed.

    Bank of Kathmandu Limited issued 11,00,000 units of “10.5% BOK Debenture 2086” between the 2nd and 7th Bhadras of 2079.

    6.60 lakh units were subscribed via private placement from the total issue of 11 lakh units, while the remaining 4.40 lakh units worth Rs. 44 crores were open for public issue, 5% of which was also allocated to mutual funds.

    The “10.50% BOK Debenture 2086” has a maturity period of 7 years and will provide an annual return of 10.50% during that time.

  • NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba

    NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba


    The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points.

    The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19

    Through 50,532 transactions, 262 scrips changed hands. 6,515,852 shares in all were traded for a total market value of Rs. 2.525 Arba. This is a little more than the turnover of Rs. 2.522 Arba from the previous trading day.

  • IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each

    IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each


    Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.

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  • Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.

    Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.


    AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting.

    According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the merged company’s name, Sagarmatha Lumbini Insurance Company.

    The business reportedly recognized its employees who have worked there for more than ten years in a statement to the media.

  • Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

    Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2


    The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter.

    This quarter’s net profit decreased as a result of a fall in sales income and an increase in finance expenses.

    In this quarter, the company generated total revenue of Rs. 13.93 crores, a reduction of 6.27% over the same quarter of the previous year.

    With a share capital of 40 crore rupees, it has a reserve fund of 5.30 crore rupees. Its net worth per share is Rs 113.26, and its yearly earnings per share are Rs 25.09.

  • On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.

    On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.


    On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal.

    From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 units of shares with a face value of 100 rupees to the general public as part of an IPO. Of of the entire 840,000 units, 10%, or 84,000 units, have already been issued and allocated to Nepalese people living and working abroad. 2%, or 16,800 units, were set aside for the company’s employees, while 5%, or 42,000 units, of the total offered shares, were reserved for mutual funds.

  • Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.

    Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.


    From now, that is, on 12 Falgun through 26 Falgun, 2079, the current promoters of Prabhu Bank Limited (PRVU) are selling its 46,74,396 unit promoter share at an auction.

    There will be an auction for 46,74,396 units of promoter shares. In an auction, bids may be submitted by institutions, businesses, or individual investors. The minimum bid is Rs. 123. 10,000 units are the required minimum bid amount for promoter shares. Bidders are allowed to offer for the full issue, but they must adhere to the Nepal Rastra Bank’s guideline that they cannot offer for more shares per entity than what is allowed.

    The auction manager is Prabhu Capital Ltd. On Falgun 27, at the auction manager’s location, bids will begin to be accepted at 11 a.m.

  • NEPSE dropped by 47.77 points (2.31%), and this week’s turnover was Rs 8.25 araba

    NEPSE dropped by 47.77 points (2.31%), and this week’s turnover was Rs 8.25 araba


    Due to the public holidays on Sunday and Tuesday, NEPSE only traded for three days this week. This week, the index dropped by 47.77 points (2.31%), closing at 2,022.64 as a result. Last week, the index lost 5.14% from the week before, closing at 2,070.41.

    This week, the index fluctuated by 68.79 points, hitting a high of 2,083.83 and a low of 2,015.04. The index had experienced 113.79 points of volatility the week before.

  • Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger

    Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger


     

    Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) has scheduled its 5th Annual General Meeting for 30th Falgun, 2079. The meeting will begin at 11 a.m. that day at the Gautam Village Resort in Banepa.

    Among the other items on the agenda, the AGM will approve a 21.05% dividend of Rs. 43.57 lakhs for fiscal year 2078/79. The board of directors decided to distribute the dividend on the paid-up capital of Rs. 2.07 crores at its meeting on March 18. A 20% bonus share and a cash dividend of 1.05% (for tax purposes) have been proposed. Thus, the bonus shares are worth slightly more than Rs. 41.40 lakhs, and the cash dividend is worth slightly more than Rs. 2.17 lakhs. In addition, two directors from the public shareholding group will be elected at the meeting.

     

  • IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad

    IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad


     

    Bhugol Energy Development Company Limited was formed as a private limited company on February 16, 2009, and was later converted to a public limited company on October 31, 2017, to allow for public participation. The company operates the 3.75-MW Dwari Khola Small Hydropower Project in Nepal’s Dailekh District, Karnali Province. The project began commercial operations on May 6, 2017, ahead of the required COD of June 30, 2017, and was built at a total cost of NPR 734 million (NPR 196 million per MW) with an initial debt-to-equity ratio of 82:18.

  • JBLB proposes a 37.368% dividend for fiscal year 2078/79.

    JBLB proposes a 37.368% dividend for fiscal year 2078/79.


    For the fiscal year 2078/79, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has proposed a dividend of 37.3684%.

    The 72nd meeting of the board of directors, held on Falgun 06, decided to distribute a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 28.95 crores, while the cash dividend is valued at Rs. 9.68 crores. For the tax amount on bonus shares, a cash dividend has been proposed.

    The dividend will be paid only after approval from Nepal Rastra Bank and approval from the company’s upcoming AGM. Last week, JBLB closed at Rs. 2,711.

    Last year, the company paid a 73.68% dividend, including 70% bonus shares, for fiscal year 2077/78.

  • Price of Gold Surged by Rs 700 Per Tola; Trading Today at Rs 103,200

    Price of Gold Surged by Rs 700 Per Tola; Trading Today at Rs 103,200


    Today’s gold price has risen by Rs. 700 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 103,200 per tola. Yesterday, the rate remained unchanged at Rs. 102,500 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 102,700. In contrast, the rate was kept at Rs. 102,000 per tola yesterday.

    Silver has gained Rs. 15 per tola on the sidelines. The gleaming white metal is currently trading in the local market at Rs. 1,290 per tola, up from Rs. 1,275 per tola yesterday.

    Gold is currently trading at $1,843.80 per ounce in USD, while silver is trading at $21.77 per ounce.