Molung Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Falgun, 2079, the company will issue 22,64,655 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 22.64 crore for the company. This issue’s […]
Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079. The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit
Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore
From the 1st through the 15th of Falgun, 2079, Best Finance Company Limited (BFC) will auction 58,429.90 units of ordinary shares and 556,674.57 units of promoter shares. A total of 615,104.47 unit shares will be auctioned, including 58,429.90 ordinary shares and 556,674.57 promoter shares.Previously, from Bhadra 27 to Kartik 14, 2074, the corporation issued 1:1.3
For the fiscal year 2078/79, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has recommended a 21.0526% dividend of Rs. 7.02 Crores. The board of directors agreed on March 23 to disburse the dividend from the paid-up capital of Rs. 33.39 crores. A 20% bonus share and a cash dividend of 1.0526% (for tax purposes) have been
The NEPSE index finished at 2,177.34 today, up 76.64 points from the previous trading day’s close. This is a 3.65% increase. Yesterday, the index rose 4.57 points.Today, the index began at 2,100.12 and closed at 2,099.03. It reached a high of 2,177.75 before closing at 2,177.34. 59,927 transactions resulted in the exchange of 260 scrips.
Today’s gold price has risen by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,600 per tola. Yesterday, the tariff remained unchanged at Rs. 104,100 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 104,100. In contrast, the
Shuvam Power Limited (SHUVAM) offered 481,882 units of shares valued at Rs. 4.81 crores to the general public as part of their Initial Public Offering (IPO) from the 18th to the 22nd of March, 2079. Out of the entire 580,580 units, 10%, or 58,058 units, have already been issued and assigned to Nepalese people working
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
The NEPSE index finished at 2,100.65 today, up 4.57 points from the previous trading day’s close. This is a 0.22% increase. Yesterday, the index rose 1.54 points. Today, the index began at 2,096.32 and closed at 2,087.20. It reached a high of 2,102.70 before settling at 2,100.65. Through 29,846 transactions, 259 scrips changed hands. A
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel. Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On
Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores. Total revenue during the second quarter was down 10.43% to Rs. 12.23
