Falgun

All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report. 1
Business | Market | Economy

All 5 NIC Asia Capital Mutual Fund Schemes have published the Falgun Month NAV Report.

  . The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26. The scheme started with a Rs. 75.50 crore […]

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Modi Energy IPO closes today for Nepalese working abroad. 3
IPO | FPO

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 […]

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The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents. 5
IPO | FPO

The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.

From today, 9th Chaitra, 2079, Mai Khola Hydropower Limited will close the issue of its IPO to Nepalese citizens working abroad and project-affected locals of Ilam District. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 39.21 crores, of which 10%, or 392,157 unit shares worth Rs. 3.92 […]

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Last Day to Apply for Menchhiyam Hydropower's Locals IPO; Issue Closes Today 7
IPO | FPO

Last Day to Apply for Menchhiyam Hydropower’s Locals IPO; Issue Closes Today

Menchhiyam Hydropower Limited has completed the distribution of 5,42,583 units of IPO shares to project-affected locals today, 9th Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079. The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha […]

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The IPO of BPW Laghubitta Bittiya Sanstha has concluded; 8,095 applicants out of 14,58,278 receive 10 units. 11
IPO | FPO

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 […]

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The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each. 13
IPO | FPO

The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.

BPW Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Friday, 3rd Chaitra, 2079. The allotment program will begin at 11 a.m. on the premises of the issue manager, Mega Capital Markets, in Kamalpokhari. From the 18th to the 23rd Falgun, the company issued 80,950 units of Rs 100 face value shares […]

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Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79. 15
Dividend

Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

  For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the […]

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SEBON finally approves Rawa Energy Development's IPO proposal. 17
IPO | FPO

SEBON finally approves Rawa Energy Development’s IPO proposal.

  The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total […]

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The government's spending exceeds its revenue by Rs 1.56 Kharba. 19
Business | Market | Economy

The government’s spending exceeds its revenue by Rs 1.56 Kharba.

  For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]

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