Tag: fpo

From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.

Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas.

The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that if the problem is not subscribed to by the early closing date for Khotang District residents, it may be prolonged until the 9th Jestha. The issue, however, will be prolonged beyond the early deadline for Nepalese people working abroad.

April 17, 2023
Bhugol Energy Development IPO Allotment Completes; 1,34,699 Applicants Receive 10 Units Each, Lucky 3 Applicants Receive 1 Unit Extra

Bhugol Energy Development Company’s initial public offering (IPO) was completed today at the offices of NIC Asia Capital Limited in Kathmandu.

Bhugol Energy Development Company released 13,46,993 units worth Rs 13.46 crores to the general public as an Initial Public Offering (IPO) (Chaitra 23-27, 2079).
108,811 units have already been released and assigned to Nepalese individuals working abroad, 5% of the total offered shares, or 71,916 units, have been set aside for mutual funds, and 19,420 units have been put up for firm personnel. The remaining 13,46,993 units will be available to the general public.

April 16, 2023
Dolti Power IPO Received Rs. 1.47 Arba From 13.39 Lakh Applicants As of the Last Day

Dolti Power Company Limited concluded its Initial Public Offering (IPO) of 12,71,861 unit shares to the general public today, March 3, 2080. The issue debuted on Chaitra 28th, 2079. This IPO is expected to generate Rs 13.46 crore for the firm.

Previously, the business awarded 536,486 unit shares worth Rs. 5.36 crores to project-affected residents of Dailekh District, with just 141,820 units allocated to legitimate applicants. As a result, the remaining 394,666 unsubscribed shares of project-affected locals are added to the 10,72,972 units (20% of the issued capital designated for the general public) to produce a total of 14,67,638 units for the general public.

April 16, 2023
From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public.

From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh, 2080.

Out of the total 15,29,411 units, 10%, or 152,941 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 30,588 units, have been set aside for company employees, and 5%, or 76,471 units, have been set aside for mutual funds. The remaining 12,69,411 units will be available to the general public. The company’s paid-up capital

April 14, 2023
The Makar Jitumaya Suri Hydropower IPO has concluded.

Makar Jitumaya Suri Hydropower Company Limited’s first public offering (IPO) was completed today at Prabhu Capital Limited in Kathmandu.

Makar Jitumaya Suri Hydropower Company Limited released 1,337,302 units worth Rs 13.37 crores to the general public as an Initial Public Offering (IPO) (Chaitra 19- 22, 2079).

April 12, 2023
Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE

NEPSE has listed 80,25,000 unit IPO shares of Molung Hydropower Company Limited. This comprises promoter shares as well as shares offered to the general public and project-affected communities.

The initial transaction range is Rs. 60.62 to Rs. 181.86. If the company executes the agreement with NEPSE, the IPO shares will trade in the secondary market the next day.

April 12, 2023
The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.

Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place at the issue manager’s Kamaladi office, Prabhu Capital Limited.

From the 19th to the 25th Chaitra, the company issued 13,37,302 units of Rs 100 face value shares to the general public as an Initial Public Offering (IPO) worth Rs 13.37 crore. Out of the total 15,20,000 units, or 20% of the issued capital, 10% or 152,000 units have already been issued and allotted to Nepalese citizens working abroad, while 2%, or 32,028 units, were set aside for the company’s employees, and 5%, or 80,070 units, were set aside for the general public.

April 11, 2023
Sanima Middle Tamor Hydropower IPO shares are now listed on the NEPSE.

Sanima Middle Tamor Hydropower Limited (TAMOR) has listed 33,325,000 unit IPO shares 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. 98.43 to Rs. 295.29. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

April 9, 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
Stock Trading in Nepal – An Introduction

A share is essentially a fraction of a company’s ownership. Purchasing or selling shares entails acquiring or disposing of a portion of the company’s ownership. The stock market, also known as the share market, is a place where you can buy and sell stocks. In order to raise money, public corporations usually sell shares to the public, but the stock market often trades other instruments such as debentures, bonds, and mutual funds.

Dividends are a way for you to get a piece of those companies’ earnings as a shareholder. While share trading is an exciting way to earn money both actively and passively, it is also risky since investors can have to bear the loss if the company fails. As a result, as a novice, it is important that you gain a thorough understanding of the market before investing your money in stocks.

Here is a brief introduction of how you can participate in the game of stock trading.

1. GET STARTED: OPEN A DEMAT ACCOUNT

Opening a dematerialized (DEMAT) account at one of the Depositary Participant (DP) licensed by the Central Depository System and Clearing Limited (CDSC) is a prerequisite to participate in both primary and secondary market. Most commercial banks, merchant bankers and stockbrokers provide such services. If you already own some stocks in your name, then you can give your DP to dematerialize your physical share certificates into dematerialized shares. The DEMAT account is similar to a bank account which debits and credits the shares you sell or purchase. Most DP’s also provide clients with facilities to check their DEMAT account status online as well.

2. KNOW THE MARKET

To get started in the stock market, it is essential to first understand how the market functions. Securities Board of Nepal (www.sebon.gov.np); the sole regulator of the capital market is a useful source for primary information. Its website provides information on various securities laws, investor education, and upcoming public issues amongst others. Similarly, the Nepal Stock Exchange (www.nepalstock.com) the sole secondary market; and its mobile-based application is a great source to get hands-on information. There are many other popular websites that provide constant updates about the capital market such as; Share Sansar and Mero Lagani. Furthermore daily national newspapers, websites of merchant bankers and credit rating agency – icranepal.com – also provide good information.

3. PARTICIPATE IN THE PRIMARY MARKET – APPLY IN PRIMARY OFFERINGS

One of the best opportunities to participate in the capital market is to apply for primary offers in the primary market such as; Initial Public Offering (IPO) or Further Public Offering (FPO). Most companies offer primary issues to the general public at face value of NPR 100 per stock, or at a premium based on their valuations. The risk is lower when you purchase in the primary market as you get an opportunity to buy shares at a lower cost as compared to purchasing those shares in the secondary market once they are listed. Also, look out for opportunities to participate in the primary offering of mutual fund schemes which can be a beginning point.

News about primary issues generally comes out in national newspapers and are widely announced on other media platforms. Once you know the primary issues are out, you can read their prospectus to see their detail information such as; past and projected performance, & management amongst others. You can also look at their credit rating provided by a licensed credit rating agency before making the decision to invest.

4. PARTICIPATE IN THE SECONDARY MARKET– OPEN A TRADING ACCOUNT AT A STOCKBROKER OFFICE

All the stocks offered via the primary market are listed in the secondary market i.e. Nepal Stock Exchange (NEPSE); currently, there are 231 companies listed in the stock exchange. The secondary market provides the platform to sell the shares you hold or purchase new shares from the market. The share price of these listed companies and the value of NEPSE Index changes every day based on total demand and supply of shares in the market.

If you wish to get involved in the secondary market, you will need to open a transaction account at a stock broker’s office. There are currently 50 stockbrokers licensed by NEPSE while there are a few stock broker offices outside Kathmandu. Once you open an account with a stockbroker, they will provide you with a unique ID code via which all the transactions in your name will be executed.

To make a purchase or sale order you will simply have to call your stock brokers or visit their office to place an order, make sure you have the shares in your DMAT account before you place a sell order to your stockbroker. The stockbroker charges some commission as a brokerage fee for each transaction while you have also have to pay a capital gain tax of 5% if applicable while making sales.

5. STILL CONFUSED- SEEK PROFESSIONAL HELP

If you are still confused and less confident about entering the market or you do not have time, energy and resources, do not worry as there are a number of professional licensed Portfolio Management Companies providing you with a full range of products and services under Portfolio Management Services (PMS). Based on your investment goals and expectations, these portfolio managers develop portfolios matching your risk appetite and invests in the capital markets on your behalf. The portfolio manager charges minimal annual and performance fees while these services offer you the opportunity to grasp the benefits of the capital markets. Moreover, you can also handover your existing portfolio to these portfolio managers for restructuring and further management.

All in all, as the stock market is constantly evolving and getting technical, retail investors are highly advised to seek professional advice and avoid making investments on herd mentality – invest wisely!

January 3, 2023
CDSC Meroshare Login – Everything about Mero Share
If you want to visit Mero share login page, Click the link: https://meroshare.cdsc.com.np.

Continue reading if you want to learn about Mero share.

Introduction of Mero Share

The securities exchange of Nepal has taken extraordinary steps over the most recent couple of years. Financial backers will at this point don’t need to trust that hours will top off their offers and afterward stand by in line to get their cashback. Essentially, one doesn’t need to go to the offer recorder to get the authentication of reward and right and money profit.

For every one of these offices, you just need to spend Rs. 50 every year. You can do every one of these things from home by turning into a client of Mero Share. All you require to do to utilize the Mero Share include is make your email address and the recipient number of your Demat account.

‘Mero share’ is a product created by CDS and Clearing Limited (CDSC). Mero Share gives the office to the recipient to see the offer exchange data in your record on the web.

Advantages of Mero Share

Clients can get the accompanying advantages while utilizing the Mero share programming.
1. View the individual subtleties of the recipient account holder
2. View the subtleties of the stock in your record
3. Subtleties of the real estimation of the stock in your record dependent available worth I. e see the portfolio
4. View the subtleties of the exchanges in your record
5. View the subtleties of the offers which are under guarantee in your record
6. To Apply Online to buy the offers in the event of an essential issue (IPO/FPO) and right issue.
7. To make a financial balance passage in the recipient account or to demand a vault member (DP) to change the ledger entered mistakenly.
8. Effectively move the offers you have sold by going to the most helpful MY EDIS tab.
9. To see the IPO consequence of the organization in which you have submitted the Application.
How To Use Mero Share Software?
1. Clients who need to exploit Mero Share should go to their Depository Participants (DP) and should fill the Mero Share Form
2. The Depository Participants (DP) opens every client’s Mero Share account dependent on the solicitation got from the client. Data about the client’s DP ID, login ID, secret word, and address to utilize Mero Share will be shipped off the email address of the concerned client.
3. Mero Share can be utilized by tapping on the web address referenced alongside the data about Mero Share account got in your email or by opening the location https://meroshare.cdsc.com.np in the web program.
How To Login Into Mero Share?
1. Select the connection you got in your email‌ or open your PC’s Internet (Firefox or Chrome) and type https://meroshare.cdsc.com.np in the location bar of that program and press Enter.
2. To login, go to the drop-down menu with “Select Your DP” as demonstrated in the image underneath and Select the storehouse members (DP) of your record.
3. Type the last numbers after the zeros of your recipient account number to enter the Login ID. For instance if your recipient account number 13010200000093812 while the last eight digits are 00093812, utilize the number 93812 as your login ID.
4. Type the secret word you got in your email and press the login button
How To Change Password In Mero Share Account?

You should change your secret word the first occasion when you sign in to Mero Share Account. All administrations accessible in Mero Share can be gotten to solely after changing the secret key.

After you sign into your Mero share represent the first occasion when, it says you to change your secret phrase first. Your ‘Old Password’ is the thing that you get in the email we examined before. You need to enter another secret word for the Mero Share Login.

After you change your secret key, your ‘Mero Share Dashboard’ shows up. The example picture of the Mero share dashboard is appeared in the table underneath:

How To Change Your Mero Share Password Anytime?

On the off chance that you wish to change your secret phrase of the mero share account whenever adhere to the directions underneath:
1. Snap on your ‘Mero Share Profile’ in the upper right corner of your ‘ Mero Share Dashboard’ (Shown in the picture beneath featured with green)
2. Snap on the ‘Change secret word’ as demonstrated by the blue shading confine the picture beneath.
3. Type Your ‘Old Password’ and Your ‘New Password’
4. Snap on the ‘Change Password’ Icon featured by red tone in the picture underneath:
How To View Personal Details Of A Beneficiary Account In Mero Share?

To see your own subtleties entered in your recipient account in the Mero Share, Select ‘My Details’ menu. The data appeared in ‘My Details’ are the authority subtleties entered in your recipient account. In the event that there is any complaint in the proclamation, quickly illuminate your storehouse members (DP) and right the individual subtleties.

How To View Your Share Balance In The Beneficiary Account Through Mero Share?

There are four kinds of equilibriums for every protections

Current Balance: The amount of the portions of each organization in the record

Current Balance = Pledge Balance+ Lockin Balance+ Freeze Balance+ Free Balance
1. Promise Balance: Shares utilized as insurance out of the absolute offers in the record.
2. Lockin Balance: Shares in Lock-in out of the all out shares in the record
3. Freeze Balance: Shares hindered or frozen out of the all out shares in the record
4. Free Balance: Shares that are not utilized as insurance or not in lock in or not impeded
Free Balance=Current Balance – Pledge Balance-Freeze Balance-Free Balance

How To View The Details Of Share Trading In Mero Share?

To see share charge or credit subtleties in your record, select the My Transaction History menu.

Offer to exchange subtleties can be seen based on the organization name or date of exchange.

On the off chance that we see exchange subtleties by date, we can see the exchanging subtleties for a limit of a quarter of a year at a time

To see the exchange history of the single organization, Click on the Script and select the organization you need to see.

Exchange History Datewise

Exchange History Companywise

How To View The Portfolio Of Shares In The Beneficiary Account Through MeroShare?

To see an arrangement of stocks in your record, select the My Portfolio menu in Mero Share. The arrangement of stocks in the record is determined based on the last exchanging cost of each organization’s stock.

How To View The Details Of The Share Pledge In The Beneficiary Account?

On the off chance that the stock in your record is sold, select the Report For Pledgor menu under the Pledge Share Details menu in my stock to see the home loan subtleties.

How To Request A DP To Update The Bank Account Details In The Beneficiary Account?

To get the money profit from the organization in the ledger, the recipient’s record should determine the client’s financial balance subtleties. The client ought to give his ledger subtleties to the DP to refresh the financial balance subtleties in his recipient account.

Here are the means you ought to follow to refresh the financial balance subtleties:
1. To make your ledger subtleties accessible to your DP through Mero Share, utilize the My Bank Request menu.
2. Select your bank from the rundown of banks accessible in the product and select the pertinent branch
3. Pick your record type by composing your Bank Account Number in the space gave and click on Update Bank Details button
How To Transfer Shares Through Mero Share?

On the off chance that you have sold offers, you can undoubtedly move those offers through Mero Share. First snap on the My EDIS menu of the Mero Share Dashboard. The example figure underneath shows the way toward moving the sold offers through the Mero Share Software.

After you click My EDIS menu, select the Transfer Shares as featured in the green box in the example picture above. After you click on the Transfer shares, you will see the settlement data about the offer of your offers. Snap on Proceed Next to move your sold offers. The example picture beneath shows the interaction.

Expectation you loved the data with respect to the utilization of Mero Share Account. Don’t hesitate to share your perspectives in the remark segment.
January 3, 2023