Tag: Fiscal year

Analysis of Import and Export Trends in the First Nine Months of Fiscal Year 2080/81

Nepal’s trade dynamics in the initial nine months of fiscal year 2080/81 reveal alarming patterns, raising concerns about the nation’s economic outlook. The trade deficit, representing the variance between imports and exports, has expanded by approximately 2.75 percent during this period, indicating a growing disparity between import costs and export values, posing significant challenges to Nepal’s economic stability.

Imports

Imports in the first nine months of the fiscal year witnessed a noticeable decline of around 2.84 percent, totaling approximately Rs. 11.67 Kharba. In comparison, the corresponding period in the previous year saw imports amounting to goods worth Rs. 12.01 Kharba.

Key imported commodities included mineral fuels, iron/steel, electrical machinery, mechanical appliances, and vehicles. The surge in these imports reflects shifting consumer demands and evolving industrial needs within the country.

Exports

On the contrary, Nepal’s exports amounted to Rs. 1.13 Kharba during the nine-month period, primarily led by sectors like coffee, tea & spices, iron/steel, and man-made staple fibers, which constituted the bulk of export volumes.

However, exports have witnessed a decline of about 3.66 percent compared to the previous year’s exports valued at Rs. 1.18 Kharba. This decline poses a significant challenge to economic growth and stability, impacting vital indicators such as GDP, exchange rates, inflation, and interest rates.

April 22, 2024
Nepse TMS 38 Login | NEPSE Online Trading System

Dipshika Dhitopatra Karobar Co. Pvt. Limited

Anamnagar, Kathmandu, Nepal.
01-4102532

Stock Broker Number 38

Nepse TMS 38 Login

Dipshikha Dhitopatra Karobar Company Pvt. Ltd. (DDKC) stands as a prominent member of the Nepal Stock Exchange (NEPSE), holding the esteemed status of an authorized stockbroker with the stockbroker member code 38. In 2067 B.S., this distinction was granted by the Securities Board of Nepal (SEBON) in 2011 AD, solidifying DDKC’s position as one of the leading stockbroker members in the Nepalese stock market.

A Regulated Professional Brokerage Firm:

DDKC operates as a regulated and professional brokerage firm, specializing in the buying and selling of various financial assets, including government bonds and debentures, on behalf of both individual and institutional clients. This service is facilitated through the Nepal Stock Exchange Limited, with operations commencing since 2011 AD.

Expanding Presence and Services:

Headquartered in the vibrant locale of Anamnagar, Kathmandu, DDKC has established itself as a go-to provider of stockbroker and Depository Participant (DP) services for a diverse clientele. Moreover, the company has extended its reach with a branch office in Dhangadhi, serving the Far Western Region. DDKC has ambitious plans to further expand its brokerage network at various local levels in the near future, aligning with its commitment to accessibility.

Client-Centric Approach:

DDKC boasts an extensive client base, encompassing both the general public and institutional clients, allowing for efficient order coordination and execution. The company currently serves over 18,000 active DP clients and 25,000 active trading clients. With a goal to expand these numbers by 25% in 2018, DDKC’s commitment to growth is evident.

Modern and Well-Equipped Infrastructure:

One of the distinguishing features of DDKC is its modern and well-equipped physical facility. Spanning an impressive area of 2,500 square feet, the facility houses well-equipped departments and workstations to ensure efficient service delivery. The company takes pride in offering a well-appointed air-conditioned exhibition space, capable of accommodating a minimum of 100 individuals, complete with a projector to facilitate and educate general investors, further expanding its client base.

Financial Growth and Capital Expansion:

Established in 2064 BS with a paid-up capital of Rs. 5.1 million, DDKC has demonstrated remarkable growth. As of the end of Ashad 2074 BS, it boasts a total client account of 25,000 and a net value of Rs. 68.1 million. With a commitment to financial strength, the company’s management is diligently working towards raising the paid-up capital to Rs. 20 million by Paush 30, 2074 BS. Furthermore, there are plans to augment this capital even further, aiming to reach a significant milestone of $50 million by the conclusion of the fiscal year 2074/75.

In conclusion, Dipshikha Dhitopatra Karobar Company Pvt. Ltd. is an influential player in Nepal’s financial landscape. With a steadfast commitment to client satisfaction, a dedication to accessibility, and a strong focus on financial growth and expansion, DDKC is poised to continue shaping the future of stock trading in Nepal while nurturing enduring relationships with its valued clients.

April 9, 2024
Nepse TMS 58 Login | NEPSE Online Trading System

Naasa Securities Co. Ltd.

Naxal, Kathmandu, Nepal.
01-4440384

Stock Broker Number 58

Nepse TMS 58 Login

Naasa Securities Company Ltd. proudly stands as one of Nepal’s premier and most reputable stock brokerage firms, making waves in the financial sector. This distinction is attributed to the firm’s acquisition of a coveted license from the Security Board of Nepal (SEBON) and its membership in the Nepal Stock Exchange Ltd. (NEPSE).

Naasa Securities embarked on its journey in the brokerage arena in 2012, with its roots dating back to its establishment in 2007. In a remarkably short span, we have ascended to a prominent position in the market, becoming one of the pivotal market providers. An illustrative testament to our market prowess is our impressive performance in fiscal year 2016-17, where we commanded a notable market share, accounting for approximately 10% of the overall market volume.

At Naasa Securities, our commitment to progress and growth is unwavering, all while upholding the highest standards of service quality. Our ethical business ethos guides our every endeavor, ensuring that we maintain exemplary business practices with all our stakeholders, be it regulators, clients, or partners.

As we continue our journey, we remain dedicated to further enhancing our services, striving for excellence in all facets of our operations. Naasa Securities firmly believes in the power of ethical business activities and the enduring value they bring to our clients and the financial community at large. We are steadfast in our mission to not only meet but exceed the expectations of our valued clientele, always ensuring that the quality of our services remains second to none.

April 9, 2024
Asian Life Insurance will support the 8.947% dividend.

Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.

Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year 2078/79. 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 cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.

April 7, 2023
Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE

NEPSE has listed 7,00,625 unit bonus shares of Mahila Laghubitta Bittiya Sanstha Limited (MLBSL).

On 21st Falgun, the company held its 5th AGM for FY 2078/79 and approved a 50% dividend worth Rs. 7.37 crores for the fiscal year 2078/79. On Poush 26, the 51st board of directors decided to distribute the dividend on the paid-up capital of Rs. 14.75 crores. There was a proposal for 47.5% bonus shares worth Rs 7 crores and a 2.5% cash dividend (including tax) worth Rs 36.87 lakhs.

April 4, 2023
Suryodaya Womi Laghubitta (SWMF) will approve 15% bonus shares and discuss the issuance of FPOs.

Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has scheduled its 11th Annual General Meeting for 30th Baisakh, 2080. The meeting will begin at 9 a.m. that day at Dhulikhel Lodge Resort Pvt. Ltd., Dhulikhel, Kavrepalanchowk.

Among the other items on the agenda, the AGM will approve a 15% bonus share for fiscal year 2078/79. The company’s current paid-up capital is Rs. 79.19 Crores. For the fiscal year 2078/79, the company has proposed a 15% bonus dividend worth Rs. 11.87 Crores from its paid-up capital.

April 3, 2023
NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta

On the 9th Magh, the firm had its 25th AGM for the fiscal year 2078/79 and approved a 6.316% dividend. At its 127th board meeting, the business requested a 6.316% dividend on its paid-up capital of Rs. 1.70 Arba. There was a proposal for 6% bonus shares worth Rs 10,20,99,085 and a 0.316% cash dividend (including tax) of Rs 53.73 lakhs. NEPSE now lists the same bonus shares.

IGI has an LTP of Rs. 387 as of this writing.

April 3, 2023
For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend.

For the fiscal year 2078/79, Kamana Sewa Bikas Bank Limited (KSBBL) has proposed a dividend of 4.64%.

The dividend will be paid from the company’s paid-up capital of Rs.3.14 Arba.

A cash dividend of 0.23% and 4.41% bonus shares have been proposed. KSBBL has an LTP of Rs. 313 as of this writing. The proposed dividend must be approved by the central bank and approved by the upcoming AGM.

April 2, 2023
Neco Insurance gave 15% bonus shares to demat accounts.

Neco Insurance Limited (NIL) has distributed 15% bonus shares to its shareholders’ DEMAT accounts. The company has requested that its shareholders dematerialize their shares.

On the 15th of Magh, 2079, the company held its 27th AGM for the fiscal year 2078/79. The AGM approved a dividend of 15.79% for fiscal year 2078/79. On Mangsir 18, the 434th meeting of the board of directors decided to distribute the dividend on the paid-up capital of Rs. 1.749 Arba. There was a proposal for 15% bonus shares worth Rs. 26.24 crores and a 0.79% cash dividend (including tax) worth slightly more than Rs. 1.38 crores. The same bonus shares have now been transferred to Demat accounts.

March 30, 2023
NIC Asia Laghubitta Announces Book Closure Date for its 14.75% Cash Dividend; Holds Annual General Meeting on Baisakh 10

NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has scheduled its 5th Annual General Meeting for 10th Baisakh, 2080. The meeting will begin at 9 a.m. that day in Hotel Gajur Palace – Hotel in Dharan, Sunsari.

Among the other items on the agenda, the AGM will approve a 14.75% cash dividend for fiscal year 2078/79. The board of directors decided to pay out the entire dividend in cash at their meeting on Falgun 21. Because the company’s paid-up capital is Rs. 1,73,94,40,000, the cash dividend is worth slightly more than Rs. 25,65,67,400.

March 30, 2023
Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.

Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80.

According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba on its own, with 978,626 active insurance policies as of Falgun, 2079.

March 29, 2023
Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas

Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu.

Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The Board of Directors decided on Chaitra 09 to distribute 13.2712772% bonus shares for fiscal year 2077/78. The dividend will be paid from the company’s paid-up capital of Rs. 2,23,93,70,000. The bonus shares are thus worth Rs. 29,71,93,000. Pass the resolution to amend the Articles of Association to reflect the increased capital of the company as a result of the issuance of bonus shares.

March 29, 2023