Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMFcurrent )’s promoters are auctioning off 2,28,295 shares to promoter owners beginning today, 17th Falgun, 2079.
SWMF unit promoter shares worth $2,28,295 will be auctioned off. Only existing promoters are able to bid on the auction within 35 days of its release, on the 17th of Falgun. Shareholders should submit their bids to the company’s headquarters office in Imadol, Kathmandu.
Trishuli Jal Vidhyut Company Limited (TJVCL) will begin collecting the remaining sum for the shares offered to the general public today, the 17th of Falgun. The collection beganĀ onĀ 18th Mangsir, 2079.
From the 7th to the 11th Chaitra, 2075, the company issued 3,705,000 units of IPO shares with a par value of Rs. 100 and an initial call amount of Rs. 10.
Employees received 3% of the total 3,705,000 units, or 111,150 unit shares, with the remaining 3,593,850 unit shares issued to the general public.
Investors could purchase shares by paying only 10%, or Rs. 10, of the share value, with the remaining 90%, or Rs. 90, to be paid later.
The price of gold has gained Rs. 500 per tola today.
According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 102,300 per tola. Yesterday, the rate remained unchanged at Rs. 101,800 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 101,800. In contrast, the rate was kept at Rs. 101,300 per tola yesterday.Silver has gained Rs. 15 per tola on the sidelines. The gleaming white metal is trading in the local market today at Rs. 1,270 per tola, up from Rs. 1,255 per tola yesterday.
The NEPSE index closed at 1,995.49 today, down 24.44 points from the previous trading day’s close. This is a loss of 1.21%. Yesterday, the index fell 3.81 points. The index opened today at 2,020.72 and reached an intraday high of 2,024.70. While it dropped as low as 1,994.46, it eventually closed at 1,995.49.
Today is the last day to claim Laxmi Laghubitta Bittiya Sanstha Limited’s proposed 20% dividend (LLBS).
The company has scheduled its 11th Annual General Meeting for February 29, 2079. The meeting will begin at 11 a.m. that day in Agrawal Bhavan, Kamalpokhari, Kathmandu.
From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO).
The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have been set aside for the general public. Out of the total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were made available to the general public.
The NEPSE index closed at 2,019.73 today, down 3.81 points from the previous trading day’s close. This is a 0.19% decrease. Yesterday, the index fell 3.65 points.
Today, the index opened at 2,024.82 and closed at 2,013.25. It reached a high of 2,033.70 before settling at 2,019.73.
The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points.
The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19
Through 50,532 transactions, 262 scrips changed hands. 6,515,852 shares in all were traded for a total market value of Rs. 2.525 Arba. This is a little more than the turnover of Rs. 2.522 Arba from the previous trading day.
On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal.
From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 units of shares with a face value of 100 rupees to the general public as part of an IPO. Of of the entire 840,000 units, 10%, or 84,000 units, have already been issued and allocated to Nepalese people living and working abroad. 2%, or 16,800 units, were set aside for the company’s employees, while 5%, or 42,000 units, of the total offered shares, were reserved for mutual funds.
From now, that is, on 12 Falgun through 26 Falgun, 2079, the current promoters of Prabhu Bank Limited (PRVU) are selling its 46,74,396 unit promoter share at an auction.
There will be an auction for 46,74,396 units of promoter shares. In an auction, bids may be submitted by institutions, businesses, or individual investors. The minimum bid is Rs. 123. 10,000 units are the required minimum bid amount for promoter shares. Bidders are allowed to offer for the full issue, but they must adhere to the Nepal Rastra Bank’s guideline that they cannot offer for more shares per entity than what is allowed.
The auction manager is Prabhu Capital Ltd. On Falgun 27, at the auction manager’s location, bids will begin to be accepted at 11 a.m.
Due to the public holidays on Sunday and Tuesday, NEPSE only traded for three days this week. This week, the index dropped by 47.77 points (2.31%), closing at 2,022.64 as a result. Last week, the index lost 5.14% from the week before, closing at 2,070.41.
This week, the index fluctuated by 68.79 points, hitting a high of 2,083.83 and a low of 2,015.04. The index had experienced 113.79 points of volatility the week before.
Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) has scheduled its 5th Annual General Meeting for 30th Falgun, 2079. The meeting will begin at 11 a.m. that day at the Gautam Village Resort in Banepa.
Among the other items on the agenda, the AGM will approve a 21.05% dividend of Rs. 43.57 lakhs for fiscal year 2078/79. The board of directors decided to distribute the dividend on the paid-up capital of Rs. 2.07 crores at its meeting on March 18. A 20% bonus share and a cash dividend of 1.05% (for tax purposes) have been proposed. Thus, the bonus shares are worth slightly more than Rs. 41.40 lakhs, and the cash dividend is worth slightly more than Rs. 2.17 lakhs. In addition, two directors from the public shareholding group will be elected at the meeting.