Citizen

SEBON has finally approved Nepal Republic Media's IPO proposal. 1
IPO | FPO

SEBON has finally approved Nepal Republic Media’s IPO proposal.

The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11. The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up […]

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Nepal Hydro Developer (NHDL) 5% Bonus Shares Listed on NEPSE 3
NEPSE NEWS

Nepal Hydro Developer (NHDL) 5% Bonus Shares Listed on NEPSE

Nepal Hydro Developer Limited (NHDL) has listed 1,59,965 unit bonus shares on the NEPSE. On Poush 29, the business had its 16th AGM for fiscal year 2078/79 and approved a 5.02632% dividend. The board of directors of the firm suggested a 5.02632% dividend from the paid-up capital of Rs. 31,99,30,000 at its meeting on the […]

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NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company 5
NEPSE NEWS

NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company

The NEPSE has listed 16,53,699.96 unit bonus shares of Sagarmatha Insurance Company Limited (SIC). On 11th Falgun, the firm held its 26th AGM and approved a 13.0579% dividend for fiscal year 2078/79. The board of directors resolved to distribute 12.40% bonus shares and 0.6526% cash dividend on Rs. 1.33 Arba paid-up capital. NEPSE now lists […]

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The NEPSE Index rose 0.92% to settle at 1,905.68 points, with intraday turnover remaining at Rs 88.55 crores. 7
NEPSE NEWS

The NEPSE Index rose 0.92% to settle at 1,905.68 points, with intraday turnover remaining at Rs 88.55 crores.

The NEPSE index finished at 1,905.68 today, up 17.36 points from the previous trading day’s close. This is a 0.92% increase. Yesterday, the index rose 2.71 points. Today, the index began at 1,887.3 and closed at 1,885.17. In contrast, it reached a high of 1,905.73 before closing at 1,905.68. Through 27,766 transactions, 264 scrips changed […]

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SEBON Approves 11% LBBL Debenture 2089; Bank Will Soon Issue 10 Lakh Unit Debentures 9
Business | Market | Economy Dividend

SEBON Approves 11% LBBL Debenture 2089; Bank Will Soon Issue 10 Lakh Unit Debentures

  On Baisakh 10, 2080, the Securities Board of Nepal (SEBON) authorized the “11% LBBL Debenture 2089”. Lumbini Bikas Bank Limited (LBBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. For a period of ten years, the bank will give an interest rate of 11% on the debenture. Four hundred thousand […]

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From Baisakh 19, Ghorahi Cement Industry will provide IPO shares at a premium price to Dang District residents and Nepalese working abroad. 11
IPO | FPO

From Baisakh 19, Ghorahi Cement Industry will provide IPO shares at a premium price to Dang District residents and Nepalese working abroad.

  Ghorahi Cement Industry Limited (GCIL) has issued an offer letter to provide an Initial Public Offering (IPO) to Dang District residents and Nepalese people living overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 19th of Baisakh to the 2nd of Jestha, 2080. It should […]

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PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49 13
NEPSE NEWS

PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49

  Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49. The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares. […]

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The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed. 15
Business | Market | Economy

The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.

On the 10th of Chaitra 2078, the Nepal Insurance Authority directed that life insurance businesses have a minimum paid-up capital of Rs. 5 Arba. The Insurance Board also encouraged non-life insurance companies to increase their paid-up capital to Rs. 2.5 Arba by the end of Chaitra 2079.    

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The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever 17
NEPSE NEWS IPO | FPO

The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever

The NEPSE index closed at 1,888.32 today, up 2.71 points from the previous trading day’s close. This represents a 0.14% increase. Yesterday, the index fell 18.80 points. Today, the index opened at 1,885.77 and closed at 1,875.14. In contrast, it reached a high of 1,891.87 before settling at 1,888.32.  

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The application deadline for the "Citizens Super 30 Mutual Fund" has been extended till Baisakh 20. 19
Business | Market | Economy

The application deadline for the “Citizens Super 30 Mutual Fund” has been extended till Baisakh 20.

Citizens Capital Limited has extended the deadline for the general public to invest in the mutual fund scheme “Citizens Super 30 Mutual Fund” until the 20th Baisakh, 2080. The problem began on the 6th of Baisakh and was intended to end today, the 10th of Baisakh, 2080. However, because the problem manager did not get […]

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