Tag: conclude

  • End of Lock-in Period: VLUCL Notifies Investors Regarding Mutual Fund Shares

    End of Lock-in Period: VLUCL Notifies Investors Regarding Mutual Fund Shares


    Vision Lumbini Urja Company Limited (VLUCL) has informed its investors and stakeholders about the impending end of the lock-in period for 95,625 unit shares held by Mutual Funds. This lock-in period, in accordance with the latest directives from the Securities Board of Nepal (SEBON), is scheduled to expire on the 4th Jestha, 2081.

    VLUCL, with a total of 19,125,000 units of shares listed on the Nepal Stock Exchange (NEPSE), reserved 5 percent of these shares exclusively for Mutual Funds. Consequently, 95,625 unit shares were issued and are currently under the lock-in period.

    In compliance with SEBON’s directives, these 95,625 units were subjected to a lock-in period, which is set to conclude on the 4th Jestha, 2081, as communicated to investors and stakeholders.

    As of the previous trading day, VLUCL closed at Rs. 507.00.

  • Hathway Investment Nepal Limited to Conclude Lock-In Period for 36,512 Mutual Fund Shares on March 1, 2080

    Hathway Investment Nepal Limited to Conclude Lock-In Period for 36,512 Mutual Fund Shares on March 1, 2080


    Hathway Investment Nepal Limited (HATHY) has notified its investors and stakeholders regarding the impending expiration of the lock-in period for 36,512 unit shares held by Mutual Funds. The Securities Board of Nepal (SEBON) has directed that this lock-in period will conclude on 1st Chaitra, 2080.

    HATHY, with a total of 25,740,000 units of shares listed on the Nepal Stock Exchange (NEPSE), had allocated 5 percent of 29,25,000 shares exclusively for Mutual Funds, resulting in the issuance of 146,250 unit shares. However, only 36,512 units are currently subject to the lock-in period.

    In compliance with SEBON’s directives issued on Mangsir 25, a portion of these shares, precisely 36,512 units, were placed under a lock-in period. Stakeholders and investors are now informed that the lock-in period for these 36,512 unit shares concluded on Chaitra 1.

    The closing market price for HATHY stood at Rs. 863.90 as of the previous trading day.

  • Citizen Life Insurance to End Lock-in Period for 434,906 Mutual Fund Shares by Falgun 27

    Citizen Life Insurance to End Lock-in Period for 434,906 Mutual Fund Shares by Falgun 27


    Citizen Life Insurance Company (CLI) has notified its investors and stakeholders regarding the upcoming end of the lock-in period for 434,906 unit shares held by Mutual Funds. As per the recent directives from the Securities Board of Nepal (SEBON), this lock-in period, which began on Kartik 20, 2080, will conclude on the 27th of Falgun, 2080.

    CLI had previously allocated 30 percent of its issued capital, amounting to Rs. 3.75 Arba, to the general public. Within this allocation, 5 percent was specifically designated for Mutual Funds, comprising 562,500 units of shares.

     

  • Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd

    Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd


    Mandu Hydropower Limited (MANDU) has notified investors and stakeholders about the conclusion of the lock-in period for 22,935 unit shares held by Mutual Funds. This decision aligns with the Securities Board of Nepal’s (SEBON) directives, with the lock-in period set to expire on Falgun 23, 2080.

    Out of the total 13,636,370 units of shares listed on the Nepal Stock Exchange (NEPSE) by MANDU, 5 percent, equivalent to 72,133 unit shares, were specifically allocated for Mutual Funds. However, only 22,935 units were subjected to the lock-in period according to SEBON’s directives issued on Kartik 25. The recent notice informs investors and stakeholders that the lock-in period for these 22,935 unit shares has concluded as of Falgun 23.

     

  • Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun

    Swet-Ganga Hydropower: 38.51M Shares Set for Trading as Lock-in Period Nears End on 2nd Falgun


    Swet-Ganga Hydropower & Construction Limited (SGHC) brings forth an exciting opportunity for investors as the lock-in period for Dolma Impact-1 (Foreign Investor) shares concludes on Falgun 2, 2080, in compliance with the Securities Board of Nepal (SEBON) guidelines. As a listed entity on the Nepal Stock Exchange (NEPSE) with a total of 15,930,000 units of shares, SGHC underscores the significance of this milestone, revealing that Dolma Impact-1’s 38,51,000 units of previously restricted shares are now open for trading. This development not only marks a pivotal moment for SGHC but also presents a potential avenue for investors to explore and capitalize on the liberated shares in the dynamic landscape of Nepal’s stock market.

     

  • The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

    The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.


    Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters.

    Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and 3%, or 131,040 units, have been set aside for firm workers.

     

    The remaining 35,81,760 units were distributed to the general population between the 8th and 12th Chaitra, 2079.

    Following the IPO, the company’s paid-up capital will be Rs. 1.12 Arba. Moreover, the promoter-public share ratio would be 51: 49.

    The problem has received 13,93,153 genuine applications.

  • Modi Energy IPO closes today for Nepalese working abroad.

    Modi Energy IPO closes today for Nepalese working abroad.


    Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been distributed to project-affected Parbat District residents. Meanwhile, 15% of the company’s outstanding capital, or 43,50,000 unit shares, will be made available to the general public later. This public offering, which will conclude today, has reserved 10% of the shares totalling 435,000 units for Nepali people working overseas.

  • The IPO of BPW Laghubitta Bittiya Sanstha has concluded; 8,095 applicants out of 14,58,278 receive 10 units.

    The IPO of BPW Laghubitta Bittiya Sanstha has concluded; 8,095 applicants out of 14,58,278 receive 10 units.


    As part of its Initial Public Offering (IPO), BPW Laghubitta Bittiya Sanstha Limited issued 80,950 units worth Rs 80.95 lakhs to the general public (Falgun 18- 23, 2079).

    Out of the total 97,000 units, 10%, or 9,700 units, were set aside for Nepalese citizens working abroad, 1.50%, or 1,500 units, were set aside for company employees, and 5%, or 4,850 units, were set aside for mutual funds. The remaining 80,950 units will be available to the general public.

     

  • Aatmanirbhar Laghubitta Bittiya Sanstha’s Initial Public Offering (IPO) has concluded, with one in every 91 applicants receiving ten units.

    Aatmanirbhar Laghubitta Bittiya Sanstha’s Initial Public Offering (IPO) has concluded, with one in every 91 applicants receiving ten units.


    Aatmanirbhar Laghubitta Bittiya Sanstha Limited had issued to the general public 1,69,755 units worth Rs 1.69 crore in an Initial Public Offering (IPO) (Falgun 11- 15, 2079).

    Out of the total 203,380 units, 10%, or 20,388 units, have been allotted to Nepalese citizens working abroad, while 1.5326%, or 3,117 units, have been set aside for company employees, and 5%, or 10,170 units, have been set aside for mutual funds. The remaining 1,69,755 units will be available to the general public.

     

  • 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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  • Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning

    Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning


     

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    The IPO allotment of Supermai Hydropower Limited will take place tomorrow morning, i.e. on 4th Falgun, 2079. The allotment program will be held on the premises of the issue manager Sanima Capital Limited, Naxal.

    The company issued 4,15,000 units of shares of Rs 100 face value as an Initial Public Offering worth Rs 4.15 crore to the general public from the 23rd Magh till the 26th Magh. Out of the total 500,000 units; 10% i.e. 50,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% i.e 10,000 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 25,000 units have been set aside for the mutual funds. The remaining 4,15,000 units are for the general public