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IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public. 15
IPO | FPO

IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.

  City Hotel Limited has issued an offer letter to Nepalese citizens working abroad and the general public in preparation for its Initial Public Offering (IPO). From the 21st Chaitra, 2079, the company will issue 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad. This issue will be closed on the

4,357,185 Hydroelectricity Investment Unit Right Shares 17
NEPSE NEWS

4,357,185 Hydroelectricity Investment Unit Right Shares

  Hydroelectricity Investment & Development Company Limited (HIDCL) has listed 43,57,185 units right shares on NEPSE. From the 22nd Magh to the 8th Falgun, 2079, HIDCL auctioned off 2,21,97,325 units of promoter share. Individuals, institutions, and businesses could all bid in the auction. However, only 141 bidders submitted bids for 43,57,185 unit shares. The cut-off

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit 21
NEPSE NEWS

Sanima Mai Hydropower Reports an 11.36% Drop in Net Profit

Sanima Mai Hydropower Company Limited (SHPC) reported an 11.36% decrease in net profit in the second quarter (Q2) of fiscal year 2079/80. Profit declined to Rs. 32.92 crores in this quarter from Rs. 37.14 crores in the previous year’s equivalent quarter. Revenue from the sale of electricity has declined by 12.4% when compared to the

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