Tag: Finance

  • Reliance Finance Limited’s 6.84% Bonus Shares Listed on NEPSE Following AGM

    Reliance Finance Limited’s 6.84% Bonus Shares Listed on NEPSE Following AGM


    A total of 684,454.11 units of bonus shares issued by Reliance Finance Limited (RLFL) have been officially listed on the Nepal Stock Exchange (NEPSE).

    This action follows RLFL’s 13th Annual General Meeting, which took place on the 31st of Ashad, where shareholders approved a dividend payout of 6.84% for the fiscal year 2078/79. The decision to distribute this dividend was made during a board of directors meeting held on Jestha 26. The dividend is based on the paid-up capital of the company, which stands at Rs. 1.05 Arba. The dividend includes 6.5% in bonus shares, valued at slightly over Rs. 6.84 crores, as well as 0.34% in cash dividend, which also accounts for taxes, amounting to Rs. 36.02 lakhs.

    These bonus shares have now been officially listed and are available for trading on the NEPSE. In the most recent trading session, RLFL concluded at a price of Rs. 311 per share.

  • Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16

    Multipurpose Finance Company Allocates 35% Right Shares, Begins Refunds for Non-Allottees on Ashwin 16


    Multipurpose Finance Company Limited (MPFL) has recently allocated 15,82,000 units of right shares to its shareholders on the 12th of Ashwin. For those who didn’t receive these shares, the company will begin refunding their money starting on the 16th of Ashwin, 2080.

    This offering of 35% right shares by the finance company was open from the 10th to the 31st of Bhadra, 2080. These 15,82,000 units of right shares were issued to eligible shareholders at a par value of Rs. 100, utilizing funds from the paid-up capital, which was initially Rs. 45.20 Crores. Consequently, with the issuance of these right shares in a ratio of 1:0.35, the company’s paid-up capital will increase to Rs. 61.02 Crores.

     

  • Agrawal le pura Joshi ra Finance vanera advertisment gardai thiyoo

    Agrawal le pura Joshi ra Finance vanera advertisment gardai thiyoo


    Tiktok live ma basera pura Joshi ra Finance ko bigyapan gardai thiyo. 180 dhekheki accumulation garera rakheko stock aile 280 ko range ma aayera Naya lai chiraudai chha… Yesto trap ma chai parna hunna…

    View on r/NepalStock by sapiens_dot_exe

  • Learn about Personal Finance, Investing, and Trading in the Nepali Market! Join my Exclusive Paid Class!

    Learn about Personal Finance, Investing, and Trading in the Nepali Market! Join my Exclusive Paid Class!


    Hey, fellow Redditors!

    I’m thrilled to announce that I’ll be launching a comprehensive paid class on personal finance, investing, and trading specifically tailored for the Nepali market. If you’re interested in taking control of your financial future and want to learn the ins and outs of making smart investment decisions, this class is for you!

    **About the Class:**

    In this class, I will provide you with all the essential knowledge, strategies, and tools you need to navigate the Nepali market confidently. Whether you’re a beginner looking to build a strong financial foundation or an experienced investor seeking to enhance your skills, this class has something for everyone.

    **What You’ll Learn:**

    1. Understanding the Nepali Financial Landscape
    2. Personal Finance Fundamentals
    3. Investment Strategies
    4. Technical Analysis and Trading
    5. Risk Management

    **Why Choose This Class:**

    1. Tailored for the Nepali Market: Unlike generic finance courses, this class focuses specifically on the Nepali market, providing you with actionable insights and strategies relevant to local conditions.
    2. Practical and Action-Oriented: I emphasize practical knowledge and real-life examples, enabling you to apply what you learn immediately.
    3. Expert Guidance: As an experienced investor and trader in the Nepali market, I bring in-depth expertise and firsthand experience to help you navigate the market effectively.
    4. Interactive Learning Environment: Join a community of like-minded individuals, participate in engaging discussions, and receive personalized feedback to accelerate your learning journey.
    5. Live and Recorded Classes: Discussions on live classes and Gain access to course materials. Also gain Lifetime support on queries from me personally.

    **How to Enroll:**

    To join this exclusive paid class , please fill up the form [https://forms.gle/rTKX5tskzRWDbyTr6](https://forms.gle/rTKX5tskzRWDbyTr6) and DM me. Price is Rs 500 for around 5 hours of class. Don’t miss out on this incredible opportunity!

    View on r/NepalStock by FinalSurgeOfDopamine

  • Finance showing some good signs. Healthy correction seen in the sector.

    Finance showing some good signs. Healthy correction seen in the sector.


    Finance just brroke the recent resistance and came down to retest if finance goes green in coming days either Sunday or Monday, expect a sharp upward trend in the sector. I’d recommend mpfl since its low cap within the sector. Also gufl and mfil can be decent options

    View on r/NepalStock by OkCollar4782

  • “Nepal Finance Limited’s 40,245 Auctioned Right Shares Now Listed on NEPSE”

    “Nepal Finance Limited’s 40,245 Auctioned Right Shares Now Listed on NEPSE”


     

    Nepal Finance Limited (NFS) recently added 40,245 units of right shares to the Nepal Stock Exchange (NEPSE). NFS had initially offered its existing shareholders a 1:0.70 ratio of right shares between the 6th to 26th Jestha, 2079. However, a substantial portion of these shares, totaling 11,36,716.187 units, remained unsold. To address this, NFS conducted an auction for the unsold shares from the 7th to the 24th Ashad, 2079. Unfortunately, only 40,245 units found buyers in the auction, and these are the shares that are now available for trading on NEPSE. As of the latest trading price (LTP), NFS shares are valued at Rs. 288 each.

  • “Q4 Decline in Net Profits Leads to Decreased EPS for Best Finance (BFC)”

    “Q4 Decline in Net Profits Leads to Decreased EPS for Best Finance (BFC)”


    Best Finance Company Limited (BFC) has released its fourth-quarter report for the fiscal year 2079-80, revealing a significant 76.87 percent decrease in its Net Profits compared to the same period last year. In the last quarter of FY 2079-80, the company’s earnings were only Rs. 3.86 crores, a sharp drop from the Rs. 16.72 crores earned in the corresponding quarter of FY 2078-79.

    While there’s a slight improvement in the Net Interest Income, which is the company’s core revenue, it amounts to Rs. 13.09 crores for the final quarter of FY 2079-80. On the other hand, the company’s Operating Profit has seen a substantial decline of 73.34 percent, reaching a total of Rs. 5.58 crores by the end of FY 2079-80.

     

  • “Nepal Chamber of Commerce Urges Finance Minister to Withdraw SEBON Directive”

    “Nepal Chamber of Commerce Urges Finance Minister to Withdraw SEBON Directive”


     

    The Nepal Chamber of Commerce has expressed concerns to Finance Minister Dr. Prakash Saran Mahat regarding a recent provision by SEBON (Securities Board of Nepal). The provision restricts promoters from selling their stock for a year even after leaving the company’s Board of Directors. The Chamber considers this policy impractical and demotivating for capital mobilization. In a media statement, they have urged the Finance Minister to take quick action to address and resolve this issue.

  • 58,000 Promoter Shares of Janaki Finance Company Up for Auction Today

    58,000 Promoter Shares of Janaki Finance Company Up for Auction Today


     

    Starting from today, the existing promoters of Janaki Finance Company Limited (JFL) are offering 58,000 units of shares for auction to the general public and institutions. Previously, the founder shareholders had announced the auction of these 58,000 units of promoter shares on a different date, but no applications were received. As a result, the shareholders have re-published a notice to auction the same 58,000 units of shares to the general public again, starting from today.

     

  • SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent

    SEBON Approves 35% Right Shares of Multipurpose Finance Company; Issue of 15.82 Lakh Shares Imminent


     

    The Securities Board of Nepal (SEBON) has given its approval to Multipurpose Finance Company Limited (MPFL) for a rights offering. MPFL plans to issue 35% right shares valued at Rs. 15.82 Crores, which will involve distributing 1,582,000 (1:0.35) units of right shares to its existing shareholders. Currently, MPFL has a paid-up capital of Rs. 45.20 Crores, and after the issuance of the right shares, its paid-up capital will increase to Rs. 61.02 Crores. Muktinath Capital has been appointed as the issue manager for this process. The application for the rights offering was submitted to the board on Falgun 29, 2079.

     

  • “Nepal Finance Limited to Auction 11.16 Lakh Promoter Shares from Ashad 29”

    “Nepal Finance Limited to Auction 11.16 Lakh Promoter Shares from Ashad 29”


     

    Nepal Finance Limited (NFS) is conducting an auction to sell 11,16,616.187 units of promoter shares to the general public. The auction will take place from 29th Ashad to 12th Shrawan, 2080. The auction is open to existing promoters, the general public, and institutions. The minimum bid rate is Rs. 100, and bidders must bid for a minimum quantity of 1000 units. However, there is a limit on the number of shares that each entity can bid for, as per the rules of the Nepal Rastra Bank. Prabhu Capital has been appointed as the auction manager.

     

  • 6.5% Bonus Shares of Guheshowori Merchant Banking Listed in NEPSE

    6.5% Bonus Shares of Guheshowori Merchant Banking Listed in NEPSE


    Guheshowori Merchant Banking and Finance Limited (GMFIL) has recently listed 6,17,760 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company had held its 21st Annual General Meeting on 27th Magh, where a dividend of 6.84% was approved for the fiscal year 2078/79. The board of directors had decided to distribute the dividend on the paid-up capital of Rs. 95.04 Crores, which included 6.50% bonus shares worth Rs 6.17 Crores and a 0.34% cash dividend worth Rs 32.51 Lakh (including tax on bonus shares). These same bonus shares are now available for trading on the NEPSE, and as of now, the company’s Last Traded Price (LTP) stands at Rs. 303.10.