The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval.
The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312 billion through the IPO.
Sabaiko Laghubitta held its 6th AGM on Falgun 26, 2079, led by company chair Mr. Narayan Prasad Joshi.
According to the media statement, the AGM decided to approve 18% bonus shares and 0.95% cash dividends to its shareholders, as well as authorize the board to conduct any merger/acquisition work with suitable institutions.
Aatmanirbhar Laghubitta Bittiya Sanstha Limited had issued to the general public 1,69,755 units worth Rs 1.69 crore in an Initial Public Offering (IPO) (Falgun 11- 15, 2079).
Out of the total 203,380 units, 10%, or 20,388 units, have been allotted to Nepalese citizens working abroad, while 1.5326%, or 3,117 units, have been set aside for company employees, and 5%, or 10,170 units, have been set aside for mutual funds. The remaining 1,69,755 units will be available to the general public.
Aatmanirbhar Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Sunday, 21st Falgun, 2079. The allotment program will take place at the Kamalpokhari office of the issue manager, Sunrise Capital Limited.
From the 11th to the 15th Falgun, the company issued 169,755 units of Rs 100 face value shares to the general public in an Initial Public Offering worth Rs 1.69 crore. Out of the total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were for general distribution.
Sanima Middle Tamor Hydropower Limited will begin issuing 42,48,938 unit shares with a face value of Rs 100 on February 26th, 2079. This IPO is expected to generate Rs 42.48 crore for the company. This issue’s early closing date is 30th Falgun, and if it is not fully subscribed, it can be extended until 10th Chaitra, 2079.
Out of the total 49,98,750 units, 10%, or 499,875 units, have already been issued and allocated to Nepalese citizens working abroad, while 5%, or 249,937 units, have been set aside for mutual funds. The remaining 42,48,938 units will be available to the general public. Following the IPO, the company’s paid-up capital will be Rs. 3.33 Arba
Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun.
Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board of directors, held on Poush 26, decided to distribute a dividend of Rs. 2.23 Arba on the paid-up capital. A cash dividend of 0.14% and 2.75% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 6.15 crores, while the cash dividend is valued at Rs. 32.42 lakhs.
Menchhiyam Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today, the 25th of Falgun, and has extended the IPO issue deadline for project-affected locals until the 9th of Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079.
The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha District residents. Meanwhile, 20% of the company’s issued capital, or 10,85,167 unit shares, will be made available to the general public later. This public issue, which will close today, has allocated 10% of the shares totaling 108,517 units to Nepalese citizens working abroad.
Today is the last day to claim Chhimek Laghubitta Bittiya Sanstha Limited’s proposed dividend of 25.26%. (CBBL).
On Chaitra 10, 2079, the company called its 21st AGM. The meeting will begin at 11 a.m. that day in Hetauda, Makawanpur.
Among the other items on the agenda, the AGM will approve a 25.26% dividend for fiscal year 2078/79. The 282nd meeting of the board of directors, held on Poush 27, decided to distribute a dividend of Rs. 2.32 Arba on the paid-up capital. There have been proposed 22% bonus shares worth Rs 51.13 crores and 3.26% cash dividend (including tax) worth Rs 7.57 crores.
The ultimate merger procedure has been completed between Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC). On Bhadra 31, 2079, the firms signed a merger agreement.
Similarly, the share exchange ratio between Sana Kisan and RMDC has been determined to be 1:0.87. Investors who now own 100 shares of RMDC Microfinance will get 87 shares of the amalgamated firm.
Similarly, it has been decided to nominate 2-2 persons from each institution’s promoter group, 1-1 person from the general group, and 1 person as an expert director, in accordance with the terms of the Bank and Financial Institutions Act of 2073.
Molung Hydropower Company Limited’s initial public offering (IPO) was completed today at Sunrise Capital Limited’s Kamalpokhari office in Kathmandu.
Molung Hydropower Company Limited issued to the general public 22,64,655 units worth Rs 22.64 crore in an Initial Public Offering (IPO) (Falgun 4- 10, 2079).
The deadline for claiming dividends proposed by Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) and Support Laghubitta Bittiya Sanstha Limited (SLBS) is today (SMB).
The 21st Annual General Meeting (AGM) of Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has been scheduled for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, Chitwan.
olung Hydropower Company Limited’s initial public offering (IPO) will take place tomorrow, on the 19th of Falgun, 2079. The allotment program will begin at 10 a.m. on the premises of the issue manager, Sunrise Capital Limited, in Kamalpokhari.
From the 4th to the 10th Falgun, the company issued 22,64,655 units of Rs 100 face value shares to the general public in an Initial Public Offering worth Rs 22.64 crore. Out of the total 27,28,500 units, 10%, or 272,850 units, were already issued and allotted to Nepalese citizens working abroad, 2%, or 54,570 units, were set aside for company employees, and 5%, or 136,425 units, were set aside for mutual funds. The