Tag: Commission

  • Been trading for only 4 months as of Feb & the amt I’ve paid in form of Tax (CGT) & commission is crazy

    Been trading for only 4 months as of Feb & the amt I’ve paid in form of Tax (CGT) & commission is crazy


    Been trading for only 4 months as of Feb & the amt I’ve paid in form of Tax (CGT) & commission is crazy


    View on r/NepalStock by ankman007-


  • What is commission rate of broke r?

    What is commission rate of broke r?


    Just sold IPO for the first time, maile sell gareko 516 price ma 10 units 5160 vayo. I got 5056 from broker after few days but commission rate is 0.4 percent according to rule upto transaction of Rs.50,000 But 0.4 percent katda total 5139.36 hunxa? Aru amount chai k bata kateko


    View on r/NepalStock by Ok-Veterinarian5879


  • Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims

    Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims


    The Commission formed by the government to investigate and resolve cases related to usury has effectively handled 5,155 out of the 28,000 received complaints, according to Uttamraj Subedi, a Commission member and Additional Inspector General of Police. Since its inception, the Commission has facilitated the return of 218 bigha 10 kattha 7 dhur (793) to victims from usurious lenders through reconciliation.

    In their study, the Commission found documented transactions exceeding Rs 5.857 billion between victims and loan sharks. The lenders asserted a pending recovery of over Rs 1.62 billion from victims. Notably, a consensus settlement between the parties resolved transactions totaling over Rs 1.72 billion, as disclosed by the Commission.

    Victims’ applications were collected from April 30 to May 28, with 21,552 complaints registered from eight districts in Madhesh Province and 1,862 from Nawalparashi Paschim. Gauri Bahadur Karki, the Commission Chairperson, confirmed that the Commission submitted its report to the Prime Minister last Tuesday. Karki added that among the 39 districts, 29 reported cases, both registered and resolved, indicating that 39 districts had no usury problems.

    To tackle issues related to loan-sharking, the government established a three-member high-powered Commission, and the corresponding law was passed and enforced by the Parliament. The Commission’s dedicated efforts underscore a commitment to safeguarding vulnerable individuals from usurious practices.

  • Does broker take commission even while buying stock?

    Does broker take commission even while buying stock?


    I bought stock today worth 15.6k , It’s my first time buying in secondary market. But after changes they have sent message to pay 15.7k , Sell garda ta extra charge lagxa tara buy garda ni lagxa?

    Pls It’s my first time , I have no idea so


    View on r/NepalStock by Guilty_Information1


  • Arun Valley Hydropower Granted Approval to Issue 1:1 Right Shares for Shareholders

    Arun Valley Hydropower Granted Approval to Issue 1:1 Right Shares for Shareholders


     

    Arun Valley Hydropower Development Company Limited (AHPC) has received approval from the Electricity Regulatory Commission to issue right shares to its shareholders on a 1:1 basis. This means that each existing shareholder will have the opportunity to purchase one additional share for every share they currently hold.

    The decision to issue right shares was proposed during a board of directors meeting. AHPC plans to offer a total of 18,679,626 right shares, with a par value of Rs. 100 each, amounting to a value of Rs. 1.86 Arba. Out of this, half of the funds raised, approximately Rs. 93.39 crore, will be invested in the Likhu Khola Hydropower Project (30 MW) developed by PK Hydropower Pvt. Ltd. The remaining amount will be used to repay a loan taken by AHPC for the Kabeli ‘B’-1 Cascade Hydropower Project in Panchthar.

    However, it’s important to note that the issuance of the right shares is still pending final approval from the company’s Annual General Meeting (AGM) and the Securities Board of Nepal (SEBON), in addition to the endorsement received from the Electricity Regulatory Commission.

  • “Ankhukhola Hydropower Plans to Issue 200% Right Shares Pending Approval from Electricity Regulatory Commission”

    “Ankhukhola Hydropower Plans to Issue 200% Right Shares Pending Approval from Electricity Regulatory Commission”


    Ankhukhola Hydropower Company Limited (AKJCL) has proposed to issue 200% rights shares to its shareholders. The company aims to invest 60% of the newly raised capital in the Ganesh Himal Hydropower’s 20 M.W- Ankhu Khola-2 Hydropower project. This decision was made during a board of directors meeting held on Baishakh 15, 2079.

    After the issuance of right shares at a ratio of 1:2, AKJCL’s paid-up capital will increase from Rs. 80 crores to Rs. 1.60 Arba. On Chaitra 23, 2079, a meeting was held where it was decided to invest 60% in the Ankhu Khola-2 Hydropower project. The investment agreement between the two companies was signed on Chaitra 24, 2079.

    The Ankhu Khola-2 Hydropower project is designed to generate 122.16 GWh of electricity annually, based on a river flow rate of 27.73 cubic meters per second and a total head of 91 meters. The electricity produced will be transmitted to the national grid through a 5 km transmission line via the Nepal Electricity Authority’s proposed Lapang Substation.

    AKJCL plans to invest the Rs. 96 crores received from legitimate shares in the Ganesh Himal Hydropower project. The remaining funds will be used to pay off loans and other obligations owed to banks and other financial organizations. However, the issuance of right shares will only occur after approval from the Electricity Regulatory Commission and endorsement by the company’s upcoming AGM.

     

  • Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.

    Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.


     

    Arun Valley Hydropower Development Company Limited (AHPC) intends to give its shareholders 100% rights shares.

    The board of directors proposed at its meeting on Baisakh 06 to issue right shares in the ratio of 1:1, i.e. 18,679,626 right shares of Rs. 100 par value worth Rs 1.86 arba, so that the company can invest 50% of the issued right share amount, i.e. 93,39,813 unit right shares worth Rs 93.39 crore, in the Likhu Khola Hydropower Project (30 M.W.) promoted by PK Hydropower Pvt. The remaining 93,39,813 unit shares, valued at Rs 93.39 crore, will be utilized to repay the company’s loan for the Kabeli ‘B’-1 Cascade Hydropower Project in Panchthar.

     

  • Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares

    Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares


     

    The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering.

    The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up capital will grow to Rs. 2.32 Arba following the adjustment of the proposed right share, i.e. 77,44,506 units. Furthermore, the ERC has granted the business permission to include the appropriate share-related topic in i

     

  • Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares

    Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares


     

    Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public.

    The Electricity Regulatory Commission (ERC) has approved the distribution of right shares in a 1:1 ratio. The company proposed issuing right shares in a 1:2 ratio, or 200% of the company’s paid-up capital, at the board of directors meeting on Poush 05. The same agenda was approved at the company’s 22nd AGM, but it was subject to ERC approval. However, the board has now approved the issuance of the right shares in a 1:1 or 100% ratio rather than 1:2 or 200%.

     

  • List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

    List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO


    An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding in order to support operations or grow.

    A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.