The current promoters of Prabhu Bank Limited (PRVU) are offering 1,52,805 promoter shares for auction exclusively to existing promoters, starting today. Eligible shareholders have a 35-day window, starting from the notice publication date of 23rd Ashwin, to submit their auction bids. These bids should be presented at the bank’s central office in Babarmahal, Kathmandu. At […]
The initial trading range for the first transaction of IPO shares is between Rs. 124.42 and Rs. 373.26. If the company enters into an agreement with NEPSE, these IPO shares will be available for trading in the secondary market on the following day. A total of 2,34,00,000 unit shares were issued, with 12,05,320 units being
The IPO allotment for Sonapur Minerals and Oil Limited is scheduled for this Wednesday, which is the 24th of Ashwin, 2080. The allotment event will take place at 9 AM at the offices of the issue manager, NIMB Ace Capital Limited in Kathmandu. Out of the total 12,165,680 units available, 10% (1,216,568 units) have been
The price of gold has risen by Rs. 1,000 per tola (fine gold) today when compared to the trading price on Sunday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current value of fine gold is Rs. 1,08,600 per tola, while Tejabi gold is priced at Rs. 1,08,100
Nepal Reinsurance Company Limited has given its shareholders a 4.75% bonus share directly in their demat accounts. This action followed the company’s 18th Annual General Meeting on the 15th of Ashad, where a 5% dividend for the fiscal year 2078/79 was approved. Furthermore, during the 453rd board of directors meeting held on Baisakh 17,
Citizens Bank International Limited (CZBIL) is concluding the issuance of 30,00,000 units of “10% Citizens Bank Debenture 2090” to the general public and institutions today, which is the 22nd Ashwin, 2080. These debentures come with a 10-year maturity period and offer a 10% coupon rate. The application period for these debentures opened on the 17th
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 1,908.66 points, showing a loss of 12.58 points or 0.65% from the previous day’s closing. It had dropped by 35.67 points the day before. The trading day began with the index opening at 1,919.97, reaching a low of 1,902.87, and hitting a high of
Arun Kabeli Power Limited (AKPL) recently granted 1,65,37,288 units of right shares to its shareholders on 19th Ashwin. For those who did not receive these shares, the company will start refunding their money on 24th Ashwin, 2080. To raise funds, the hydropower company initiated a 100% right shares offering from 11th Bhadra to 31st Bhadra,
The NEPSE index ended at 1,956.92, experiencing a significant loss of 47.38 points or 2.36%. Last week, it closed at 2,004.30, showing a 1.26% increase from the previous week. Throughout this week, the index reached its highest point at 2,004.58 and its lowest at 1,956.92, showing a total fluctuation of 47.66 points. In the previous
Today marks the final opportunity for shareholders to claim the dividend offered by Sanima Bank Limited (SANIMA). The bank has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080. The AGM will take place at Kundalini Durbar Banquet, Chandol, Kathmandu, starting at 11 a.m. Among the various items on the agenda,
