for
“Bhagawati Hydropower IPO: 712,220 Shares for General Public from Bhadra 05”
Bhagawati Hydropower Development Company Limited is set to release 712,220 IPO shares starting from the 5th of Bhadra, 2080. The initial application deadline for this offering is on the 8th of Bhadra, with a possibility of extension until the 19th of Bhadra, if the subscription target is not met. Among the total 858,097 units, […]
Read More
“Kumari Bank Partners with Classic Industries for 15% Mattress Discount”
Kumari Bank has partnered with Classic Industries to offer a generous 15% discount on mattresses to their cardholders and mobile banking users. This special deal aims to benefit customers making purchases from the company. Kumari Bank operates through an extensive network comprising 304 branches, 307 ATM outlets, 63 branchless banking units, and 49 extension […]
Read More
Last Day to Apply for IPO of Reliable Nepal Life Insurance; Oversubscribed 1.56 Times from 12.55 Lakh Applicants
Reliable Nepal Life Insurance Limited is wrapping up its offering of 96,00,000 unit shares to the public, which began on August 23, 2080, and is now concluding on August 26, 2080. This life insurance company has a total issued capital of Rs. 4 Arba, with 30% (1,20,00,000 unit shares) being made available to the […]
Read More
“Final Day for Eligibility: Upper Tamakoshi Hydropower 1:1 Rights Offering”
Today marks the final opportunity for eligibility in the rights offering of Upper Tamakoshi Hydropower Limited (UPPER). The company plans to distribute 100% right shares by releasing 105,900,000 (1:1) units of right shares to its current shareholders. Currently, the company’s paid-up capital stands at Rs. 10.59 Arba. With the implementation of the intended right share, […]
Read More
“Sun Nepal Life Insurance Announces 76.80 Lakh IPO Shares for General Public at Premium Price from Shrawan 32”
Sun Nepal Life Insurance Company Limited will release 76,80,000 IPO shares starting August 15, 2023. The offer ends on August 20, but it could continue until September 4 if not fully subscribed. The company’s total capital is Rs. 3.2 billion, with 30% (96,00,000 shares) available for the public, including Nepalese citizens abroad. Additionally, 10% […]
Read More
“Government Approves Cyber Security Policy for Digital Safety”
During a Cabinet meeting on Tuesday, a significant decision was made to approve the Cyber Security Policy 2080. This step, confirmed by the Ministry of Communication and Information Technology, sets the stage for the upcoming Cyber Security Bill. The government aims to create a secure and advanced cyber environment in the country with this […]
Read More
“Deadline Extended for ‘9% Nepal SBI Bank Debenture 2089’; New Closing Date Set for Shrawan 31”
Nepal SBI Bank Limited (SBI) has decided to extend the public offering period for the “9% Nepal SBI Bank Debenture 2089.” The initial opening of the offering took place on the 18th of Shrawan, 2080, and the original closing date was today, the 22nd of Shrawan. As the offering has not garnered complete subscription, […]
Read More
“Nesdo Sambridha Laghubitta Proposes 15% Cash Dividend for FY 2078/79”
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has suggested a 15% cash dividend for the fiscal year 2078/79. In their 78th meeting on Chaita 10, 2079, the company proposed a dividend of 73.6842%, combining bonus and cash dividends (including tax), using the accumulated profit from the previous financial year. However, Nepal Rastra Bank later […]
Read More
“NEPSE Grants Membership to Three Banks for Third Phase Operations”
Today, the Nepal Stock Exchange (NEPSE) has approved three additional companies to become eligible securities firms, allowing them to conduct operations in the securities market. In the latest phase, Nabil Securities Ltd, Machhapuchhre Securities Ltd, and Mega Stock Markets Limited have been granted brokerage licenses.
Read More
“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 […]
Read More”){kind=link}