Tag: Day

  • “Final Day to Apply for Mandu Hydropower IPO for General Public”

    “Final Day to Apply for Mandu Hydropower IPO for General Public”


    The initial closing date for this offering is set for the 13th of Bhadra. If the subscription falls short, the deadline could extend to the 24th of Bhadra, in the year 2080.

    CDS and Clearing Limited (CDSC) has reported that they’ve received a total of 833,615 applications, requesting a combined 9,136,780 unit shares, amounting to approximately Rs. 1.88 Arba. This indicates an oversubscription of about 7.58 times as of this morning.

    Initially, the company had allocated 272,730 unit shares to locals affected by the project in Lalitpur and Makawanpur Districts. Of these, only 193,700 units were assigned to eligible applicants. Consequently, the remaining 79,030 units of unsubscribed shares from these locals are now added to the 1,363,640 units (which accounts for 10% of the total issued capital, reserved for the general public). This results in a total of 1,442,670 units being offered to the general public.

     

  • “Last Chance to Secure Dividend from Siddhartha Capital’s Mutual Funds”

    “Last Chance to Secure Dividend from Siddhartha Capital’s Mutual Funds”


     

    Today marks the final trading day before the book closure date for Siddhartha Capital’s mutual funds’ dividend distribution. The book closure date is Bhadra 12, and investors holding units until today will be eligible for the cash dividend.

    During a Board of Directors meeting held on the 32nd day of Shrawan, Siddhartha Capital Limited decided to allocate a 5% cash dividend of Rs. 7.5 Crores for Siddhartha Equity Fund (SEF) and a 6.5% cash dividend (inclusive of tax) totaling Rs. 7.8 Crores for Siddhartha Investment Growth Scheme – 2 (SIGS2) for the fiscal year 2079/80, benefiting the unit holders.

  • “NEPSE Drops to 1900, KBSH Positive Circuit on Debut”

    “NEPSE Drops to 1900, KBSH Positive Circuit on Debut”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 1,998.28 points, dropping by 12.93 points or 0.64% from yesterday’s close. The index had also seen a loss of 21.99 points in the previous session.

    The trading began with the index starting at 2,012.46 and hitting a high of 2,019.51 during the day. However, it went down to a low of 1,991.81 before settling at 1,998.28 at the close.

    Throughout the day, there were 272 different stocks traded in 39,425 transactions. A significant number of shares, totaling 4,163,872, were exchanged, resulting in a turnover of Rs. 1.40 Arba. The overall market capitalization was Rs. 29.90 Kharba, while the floating market capitalization was Rs. 10.52 Kharba.

  • “Final Day for Manakamana Engineering Hydropower IPO Applications; 1.308 Crore Units Received”

    “Final Day for Manakamana Engineering Hydropower IPO Applications; 1.308 Crore Units Received”


    Manakamana Engineering Hydropower Limited is concluding the offering of its 2,276,620 unit IPO shares with a face value of Rs 100 each, starting today on the 31st of Shrawan, 2080. This date marks the early closing deadline for the IPO.

    Should the issue not have garnered full subscriptions by the 31st of Shrawan, the closing date could have been extended until the 10th of Bhadra, 2080.

    According to information from CDS and Clearing Limited, as of Wednesday morning, the total number of applications received for the issue has reached 1,168,454, accounting for 13,089,350 unit shares. In monetary terms, this translates to Rs. 1.3089 Arba.

     

  • Last Day to Apply for IPO of Reliable Nepal Life Insurance; Oversubscribed 1.56 Times from 12.55 Lakh Applicants

    Last Day to Apply for IPO of Reliable Nepal Life Insurance; Oversubscribed 1.56 Times from 12.55 Lakh Applicants


     

    Reliable Nepal Life Insurance Limited is wrapping up its offering of 96,00,000 unit shares to the public, which began on August 23, 2080, and is now concluding on August 26, 2080.

    This life insurance company has a total issued capital of Rs. 4 Arba, with 30% (1,20,00,000 unit shares) being made available to the public, including Nepalese citizens abroad and the general public. Within this allocation, 10% (12,00,000 unit shares) were reserved for Nepalese citizens working overseas, while 5% (600,000 units) were set aside for the company’s employees, and another 5% (600,000 units) for mutual funds. The remaining 96,00,000 units are designated for the general public.

  • “Final Day for Eligibility: Upper Tamakoshi Hydropower 1:1 Rights Offering”

    “Final Day for Eligibility: Upper Tamakoshi Hydropower 1:1 Rights Offering”


    Today marks the final opportunity for eligibility in the rights offering of Upper Tamakoshi Hydropower Limited (UPPER).

    The company plans to distribute 100% right shares by releasing 105,900,000 (1:1) units of right shares to its current shareholders. Currently, the company’s paid-up capital stands at Rs. 10.59 Arba. With the implementation of the intended right share, the company’s paid-up capital will surge to Rs. 21.18 Arba.

     

  • “NEPSE Index Drops 38.37 Points, Rs. 56 Billion Investment Erased in a Day”

    “NEPSE Index Drops 38.37 Points, Rs. 56 Billion Investment Erased in a Day”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 2,051.47 points, showing a loss of 38.37 points or 1.83% from the previous day’s close. The session started at 2,095.43 and reached a high of 2,101.90, but later dipped to a low of 2,041.69 before ending at 2,051.47.

     

  • “NEPSE Climbs 9.25 Points to Close at 2086.84 Amid Volatile Trading; Market Cap at Rs. 30.67 Kharba.”

    “NEPSE Climbs 9.25 Points to Close at 2086.84 Amid Volatile Trading; Market Cap at Rs. 30.67 Kharba.”


     

    On Wednesday, the Nepal Stock Index (NEPSE) recorded a gain of 9.25 points, representing a 0.44 percent increase from the previous day’s closing. The trading session saw the index starting at 2,077.58 and reaching an intraday high of 2,086.84. However, it experienced fluctuations during the day, touching an intraday low of 2,062.00 before eventually closing at 2,086.84.

     

  • “Last Day for Locals IPO: Bhagawati Hydropower”

    “Last Day for Locals IPO: Bhagawati Hydropower”


     

    Bhagawati Hydropower Development Company Limited is wrapping up its IPO for project-affected locals today, the 14th Shrawan. The company issued a total capital of Rs. 57.20 Crores, with 10% (572,065 unit shares) allocated to locals in the Kaski District. Additionally, 15% of the capital (858,097 unit shares) will be offered to the general public later. Out of this, 10% (85,810 unit shares) were set aside for Nepalese citizens working abroad, and their issue closed on the 7th Shrawan, 2080.

     

  • “Final Call: Manakamana Engineering Hydropower IPO Closes Today”

    “Final Call: Manakamana Engineering Hydropower IPO Closes Today”


     

    Manakamana Engineering Hydropower Limited is wrapping up its Initial Public Offering (IPO) for project-affected locals on the 9th of Shrawan. The IPO, which began on the 19th of Ashad, 2080, allocated 10% of the company’s issued capital, amounting to Rs. 8 Crores, to project-affected locals in Dolakha District. Additionally, there will be a public issue of 25% of the company’s capital, with 200,000 unit shares set aside for Nepalese citizens working abroad. The application period for the shares allocated to Nepalese citizens abroad ended on the 2nd of Shrawan, 2080.

     

  • “NEPSE Index Soars by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session”

    “NEPSE Index Soars by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session”


    “NEPSE Index Surges by 47.07 Points, Closing at 2,144.16 in Today’s Trading Session”

    In today’s trading session, the NEPSE index showed a significant gain of 47.07 points or 2.24% compared to the previous trading day’s closing. This follows a surge of 12.16 points experienced in the index yesterday.

    The trading day began with the index opening at 2,097.99 and witnessed fluctuations throughout. It reached an intraday low of 2,089.16, indicating some downward momentum, but also achieved an intraday high of 2,144.60 before settling at its closing value of 2,144.16.

    A total of 257 scrips were exchanged through 50,299 transactions during the day’s trading. The volume of shares traded amounted to 7,634,190, resulting in a turnover of Rs. 2.56 Arba.

    Among the stocks, SHIVAM CEMENTS LTD (SHIVM) had the highest turnover, with a value of Rs. 14.86 crores, and closed at a market price of Rs. 662. The shares of PRSF recorded the highest trading volume.

    In terms of individual stock performance, BPW Laghubitta Bittiya Sanstha Limited (BPW) recorded the highest gain of 10%, while United Ajod Insurance Limited (UAIL) rose by 9.99%, reaching the positive circuit for the day. On the other hand, Kumari Dhanabriddhi Yojana (KDBY) experienced the highest decline of 8.37%.

    In terms of sector indices, only the “Mutual Fund” sector closed in the red, with a decline of 0.49%. The “Development Bank” sector showed the highest gain, increasing by 4.14%, while the “Others” sector experienced the smallest gain of 1.32%.

    Overall, the NEPSE index witnessed a significant surge in today’s trading session, accompanied by notable individual stock performances and sector movements.

  • NEPSE Index Closes at 2,097.09, Recording Gain of 12.16 Points on Last Trading Day of Fiscal Year 2079/80

    NEPSE Index Closes at 2,097.09, Recording Gain of 12.16 Points on Last Trading Day of Fiscal Year 2079/80


    The fiscal year 2079/80 concluded with the NEPSE Index closing at 2,097.09 on the last trading day. This marked a gain of 12.16 points compared to the previous trading day’s closing value. Throughout the fiscal year, the NEPSE index exhibited volatility, as it rebounded by 281.95 points from a recent low of 1,815.14 to its closing value of 2,097.09.

    Despite this recovery, the NEPSE index remains 34.44% below its all-time high, which was recorded on August 18, 2021. This indicates that there has been a significant decline from the peak level reached. The fluctuations in the NEPSE index reflect the changing market conditions and investor sentiment during the fiscal year.

    To summarize, the NEPSE index closed at 2,097.09 on the final trading day of the fiscal year 2079/80, showing a modest gain of 12.16 points. Although the index experienced volatility, recovering from a recent low, it is still significantly lower than its all-time high, reflecting a decrease of 34.44%. These fluctuations highlight the dynamic nature of the market and the challenges faced by investors during the fiscal year.