Tag: finally

  • Insider Trading in Nepal is rampant! Is SEBON finally waking up?

    Insider Trading in Nepal is rampant! Is SEBON finally waking up?


    How do your see the current news about the illegal trading of shares (insider trading) of Ridi Power Company Ltd?

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    Ref: [https://www.onlinekhabar.com/2022/12/1233241](https://www.onlinekhabar.com/2022/12/1233241)


    View on r/NepalStock by CAKaiLAW


  • “Ghorahi Cement, Three Star, and Upper Syange Hydropower IPO Shares Listed on NEPSE”

    “Ghorahi Cement, Three Star, and Upper Syange Hydropower IPO Shares Listed on NEPSE”


     

    NEPSE has listed 39,719,006 units of IPO shares from Ghorahi Cement Industry Limited, which include shares held by promoters, those given to the public, and locals affected by the project. These shares have an initial price range of Rs. 226.61 to Rs. 679.83 for the first trade. If the company and NEPSE sign an agreement, the IPO shares will be available for secondary market trading the following day.

    Among the total shares worth Rs. 3.97 Arba, 69,11,670 units were offered to the general public during the Initial Public Offering held from Ashad 22-25, 2080.

     

  • SEBON Approves IPOs for Chirkhwa Hydropower and Mathillo Mailun Khola Jalvidhyut

    SEBON Approves IPOs for Chirkhwa Hydropower and Mathillo Mailun Khola Jalvidhyut


     

    SEBON Approves IPOs for Chirkhwa Hydropower and Bhagwati Hydropower

    The Securities Exchange Board of Nepal (SEBON) has given the green light to the initial public offering (IPO) proposals of Chirkhwa Hydropower Limited and Bhagwati Hydropower Development Company Limited on Ashad 20, 2080. Chirkhwa Hydropower will issue 1,200,000 equity shares at a par value of NPR 100 each, amounting to Rs. 12 Crore, which is 30% of the company’s issued capital. The total paid-up capital for the company will be Rs. 40 crore after the IPO allotment. RBB Merchant Banking Limited has been appointed as the issue manager for the IPO issuance, with the proposal initially submitted on Kartik 17, 2079.

     

  • SEBON Grants IPO Approval to Five Companies, Including Two Life Insurance, Two Hydropower, and One Investment Sector Firm.

    SEBON Grants IPO Approval to Five Companies, Including Two Life Insurance, Two Hydropower, and One Investment Sector Firm.


     

    SEBON Approves IPO Issue of 5 Companies; Hathway Investment Nepal to Raise Rs. 14.62 Crores

    The Securities Exchange Board of Nepal (SEBON) has given its approval for the initial public offering (IPO) of five different companies. One of them, Hathway Investment Nepal Limited, plans to issue 29.25 lakh shares at a par value of Rs. 50 per share. This will raise approximately Rs. 14.62 crores for the company, which accounts for 12.5% of its total issued capital. Currently, Hathway Investment Nepal has a paid-up capital of Rs. 1.02 Arba, and after the IPO allotment, it will increase to Rs. 1.17 Arba. Global IME Capital Limited has been appointed as the issue manager for this IPO. The proposal received SEBON’s approval on Ashad 17.

  • SEBON has finally approved Nepal Republic Media’s IPO proposal.

    SEBON has finally approved Nepal Republic Media’s IPO proposal.


    The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11.

    The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up capital following the IPO allotment will be Rs 96.75 crores.

    Mega Capital Markets Limited has been designated as the planned IPO’s issue manager.

    Nepal Republic Media Pvt. Ltd., the publisher of Nagarik Nepali Daily, Republica English Daily, and Shukrabar Weekly, is the first media company to become public.

  • SEBON has finally approved Ghorahi Cement Industry’s IPO proposal.

    SEBON has finally approved Ghorahi Cement Industry’s IPO proposal.


     

    The Securities Exchange Board of Nepal (SEBON) has authorized Ghorahi Cement Industry Limited’s proposed initial public offering (IPO) on Baisakh 06, 2080.

    The corporation will now distribute 7,943,801 unit shares. A total of 3,97,190 unit shares are reserved for project-affected locals, while the remaining 75,46,611 unit shares are designated for the general public. The IPO would be issued by the corporation by adding a premium of Rs 300 to the face value of Rs 100, for a total of Rs 400 for project-affected people. Similarly, shares for the general public will be issued at Rs 435 after a premium of Rs 345 is added to the face value.

     

  • Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

    Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE


    Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.

    The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.

  • SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).

    SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).


     

    The Securities Exchange Board of Nepal (SEBON) has approved Three Star Hydropower Limited’s proposed initial public offering (IPO) on Chaitra 17.

    The company will now issue 1,231,250 equity shares with NPR 100 par value each. The issue is worth Rs. 12.31 crore. This is equivalent to 25% of the company’s issued capital. After the IPO, the company’s total paid-up capital would be Rs 49.25 crores.

     

  • Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE

    Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE


    Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE

    Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE


     

    Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has listed 39,000 Units Bonus Shares on NEPSE.

    The board of directors decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores at its 117th meeting on Mangsir 27. The company proposed and distributed a 4% bonus share and a 0.210526% cash dividend. As a result, the bonus shares are worth Rs. 39 lakhs, and the cash dividend is slightly more than Rs. 2.05 lakhs. NEPSE has listed the same bonus dividend.

  • SEBON finally approves Rawa Energy Development’s IPO proposal.

    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 paid-up capital following the IPO allotment would be Rs 28 crores.

    Prabhu Capital Limited has been appointed as the proposed IPO’s issue manager.