Mathillo Mailung Khola Jalbidhyut Limited had previously extended the deadline for its IPO shares to project-affected residents of Rasuwa and Nuwakot Districts until Bhadra 17, 2080. The company made this decision due to ongoing heavy rainfall and resulting flooding, which had made it difficult for locals to access banking centers. This extension was granted to […]
Himalayan Capital’s mutual fund scheme, Himalayan 80-20, has witnessed significant demand, with applications exceeding the available units by 1.076 times, as reported by the Central Depository System and Clearing Limited (CDSC). The application period ended with more applications than units available. By 5:06 p.m. on Friday, the scheme had received applications for 9.14 crores
ICRA Nepal Limited has assigned a credit rating of [ICRANP-IR] BB (pronounced as ICRA NP Issuer Rating double B) to SY Panel Nepal Limited. This rating indicates that SY Panel Nepal Limited carries a moderate risk of not meeting its financial obligations in a timely manner. It’s important to note that this rating reflects a
Today marks the final trading day before Kumari Capital’s mutual funds close their books for dividend distribution, with the book closure date set for the 18th of Bhadra. Anyone holding units in these funds until today will be eligible for the cash dividend. During their 60th board meeting on the 25th of Shrawan,
In today’s Nepal Stock Exchange (NEPSE) trading, the index closed at 1,960.78 points, which was a 1.49% decrease from the previous day’s close, losing 29.81 points. Last Wednesday, it had dropped by 2.82 points. The trading day began with the index opening at 1,990.82 and hitting a high of 1,991.11 at one point. However,
The IPO allotment process of Sun Nepal Life Insurance Company Limited has been completed today at the offices of the issue manager, Nepal SBI Merchant Banking Limited, in Kathmandu. Sun Nepal Life Insurance Company Limited had offered 76,80,000 unit IPO shares at a price of Rs. 239 per share, which consists of a face
Himalayan Capital Limited is concluding the public offering of its mutual fund scheme called “Himalayan 80-20” today, which is Bhadra 15, 2080. Initially, the offering started on the 32nd day of Shrawan and was supposed to end on the 4th day of Bhadra, 2080. However, due to a lack of sufficient applications, the closing
In the month of Shrawan, the Net Asset Value (NAV) of “Global IME Balanced Fund – 1 (GIBF1)” dropped to Rs. 9.82 from the previous month’s Rs. 10.57. This closed-end fund, with a maturity period of 10 years, currently holds a total fund size of Rs. 1.02 Arba. The fund’s investments include Rs. 74.60
NIBL Pragati Fund (NIBLPF) has announced a 6.8% cash dividend for its shareholders for the fiscal year 2079/80. This decision was made during the 112th Board of Directors (BOD) meeting held on Shrawan 13th. The dividend amounts to Rs. 5.10 Crores for the recently concluded financial year, and the book closure date for this
The daily RSI stands at 38.80, and the weekly RSI is at 47.58. In terms of MACD, both lines are below zero, with the signal line crossing the MACD line, showing a MACD reading of -24.33 on the daily chart. The Nepse Index is currently below its 5-day and 20-day Moving Averages, which is
The initial closing date for this offering is set for the 13th of Bhadra. If the subscription falls short, the deadline could extend to the 24th of Bhadra, in the year 2080. CDS and Clearing Limited (CDSC) has reported that they’ve received a total of 833,615 applications, requesting a combined 9,136,780 unit shares, amounting to
ICRA Nepal Limited has confirmed the Fund Management Quality Rating (FMQR) of [ICRANP] AMC Quality 3 (pronounced ICRA NP Asset Management Company Quality Three) for Citizens Capital Limited. This rating signifies that entities with AMC3 offer reasonable confidence in their management quality. It’s important to note that ICRA Nepal’s assessment doesn’t comment on legal
