Energy

Liberty Energy Company Limited Reports Net Loss in Q3 1
Business | Market | Economy

Liberty Energy Company Limited Reports Net Loss in Q3

Liberty Energy Company Limited (LEC) has released its third-quarter report for the fiscal year 2079/80, revealing a net loss of Rs. 7.99 crores. In the corresponding quarter of the previous fiscal year, the company had incurred a loss of Rs. 1.99 crores. The financial expense for LEC amounted to Rs. 14.17 crores, which the company […]

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Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District 3
IPO | FPO

Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District

Rawa Energy Development Limited has successfully completed the allotment of IPO (Initial Public Offering) shares to project-affected locals of the Khotang District. The allotment program concluded on 1st Jestha, 2080. The company’s total issued capital is Rs. 28 Crores, out of which 10%, equivalent to 2,80,000 unit shares worth Rs. 2.8 crores, were specifically allocated […]

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Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced 5
IPO | FPO

Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced

The IPO allotment of Modi Energy Limited has been successfully completed at the premises of Sunrise Capital Limited in Kathmandu. The company had issued 55,59,420 units worth Rs. 55.59 crores as Initial Public Offering (IPO) to the general public from Baisakh 19 to 24, 2080. Prior to the IPO, the company had allocated 29,00,000 unit […]

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Liberty Energy Company approves right shares and elects new board members during 13th AGM 7
Business | Market | Economy Dividend

Liberty Energy Company approves right shares and elects new board members during 13th AGM

Liberty Energy Company held its 13th Annual General Meeting on April 8th, 2023, with Mr. Kush Kumar Joshi as the chair. During the meeting, all financial reports from the previous fiscal year were approved. The meeting also endorsed a proposal to offer 50% of right shares, equivalent to Rs 75 crore, to existing shareholders. Additionally, […]

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Modi Energy Limited's IPO oversubscribed by 2.14 times; Issue to close today 9
IPO | FPO

Modi Energy Limited’s IPO oversubscribed by 2.14 times; Issue to close today

Modi Energy Limited is wrapping up its IPO issuance of 55,59,420 unit shares worth Rs. 100 each to the general public from today i.e. May 7, 2023. The issue was opened on May 1, 2023. However, the IPO issue is already oversubscribed by 2.14 times so far as 1,062,761 applicants have applied for a total […]

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Rawa Energy Development Limited closes IPO for project-affected locals in Nepal 11
IPO | FPO

Rawa Energy Development Limited closes IPO for project-affected locals in Nepal

Rawa Energy Development Limited is a public limited company that was initially incorporated as a private limited company on August 16, 2009. It was later converted into a public limited company on June 28, 2019. The company is engaged in setting up Hydroelectric Projects (HEP) in Nepal, and it is promoted by business persons who […]

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Modi Energy Limited opens IPO issue of 55.59 lakh unit shares to the general public 13
IPO | FPO

Modi Energy Limited opens IPO issue of 55.59 lakh unit shares to the general public

Modi Energy Limited has started offering 55,59,420 unit IPO shares with a face value of Rs 100 to the public, aiming to raise Rs 55.59 crore. The IPO will close on the 24th of Baisakh, and it can be extended up to the 2nd of Jestha, 2080, if it is not fully subscribed. The company […]

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Modi Energy will issue 59,94,420 unit IPO shares to the general public beginning in Baisakh 19. 15
IPO | FPO

Modi Energy will issue 59,94,420 unit IPO shares to the general public beginning in Baisakh 19.

  Modi Energy Limited has sent an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 19th of Baisakh, 2080, the firm would issue 59,94,420 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 59.94 crore for the firm. This issue’s […]

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On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings. 17
Dividend

On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.

  Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.  

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Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra 19
IPO | FPO

Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu. Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079). 108,811 units have already been released and assigned to Nepalese […]

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