Molung Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).
From the 4th of Falgun, 2079, the company will issue 22,64,655 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 22.64 crore for the company. This issue’s early closing date is the 10th Falgun, and if it is not fully subscribed, it can be extended until the 18th Falgun, 2079.
Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079.
The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit shares worth Rs. 8.02 crores, were allocated to project-affected Okhaldhunga District residents. And in the meantime, beginning in Falgun 04, 34% of the company’s issued capital, or 27,28,500 unit shares, will be made available to the general public. 10% of the shares totaling 272,850 units were allocated for Nepalese citizens working abroad in this public issue, which was opened on Poush 19 and closed on 3rd Magh, whereas the issue was opened on Poush 19 and closed on 3rd Magh.
From the 1st through the 15th of Falgun, 2079, Best Finance Company Limited (BFC) will auction 58,429.90 units of ordinary shares and 556,674.57 units of promoter shares.
A total of 615,104.47 unit shares will be auctioned, including 58,429.90 ordinary shares and 556,674.57 promoter shares.Previously, from Bhadra 27 to Kartik 14, 2074, the corporation issued 1:1.3 ratio right shares, i.e. 1,652,850.00 units, to its qualified shareholders. The remaining unclaimed right shares will now be auctioned off beginning January 1st.
The auction is open to all existing promoters, the general public, and institutions. The auction’s minimum bid price is Rs. 100. The minimum bid quantity for promoter shares is 1000 units, whereas the minimum bid quantity for ordinary shares is 100 units. Although bidders may bid for the full issue, they must follow Nepal Rastra Bank’s guideline of not exceeding the specified number of shares per organization.Prabhu Capital has been named auction manager.
Shuvam Power Limited (SHUVAM) offered 481,882 units of shares valued at Rs. 4.81 crores to the general public as part of their Initial Public Offering (IPO) from the 18th to the 22nd of March, 2079.
Out of the entire 580,580 units, 10%, or 58,058 units, have already been issued and assigned to Nepalese people working abroad, 2%, or 11,610 units, have been put aside for the company’s workers, and 5%, or 29,030 units, have been set aside for mutual funds. The remaining 481,882 units were made available to the general public. Following the IPO, the company’s paid-up capital will exceed Rs. 20 crores.
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel.
Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On Poush 26, the 51st board of directors resolved to issue the dividend on the paid-up capital of Rs. 14.75 crores. There is a proposal for 47.5% bonus shares worth Rs 7 crores and a 2.5% cash dividend (including tax) of Rs 36.87 lakhs.
There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted. The meeting will also examine expanding the authorized, issued, and paid-up capital of the corporation.
The book will be closed on February 5th. As a result, shareholders who held shares prior to that date are entitled to the dividend distribution and are welcome to attend this AGM.
Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores.
Total revenue during the second quarter was down 10.43% to Rs. 12.23 crores as compared to total revenue through the second quarter of FY 2078/079.
On 8th Bhadra 2070, Ankhu Khola-1 (8.4 MW) was linked to the National Grid. The firm would receive a grant of Rs. 4.62 crore from the Nepal Government for its installed capacity of 8.4 MW. This money has not been included in revenue since it has not yet been received from the Nepal Government.
Administrative and general expenditures climbed by 30.95% in the second quarter, while finance expenses reduced by 10.67% to Rs. 5.30 Crores.
The company’s current paid-up capital is Rs.80 crore, with a negative reserve fund of Rs.21.20 crore. With this capital, the capital declared an EPS of Rs. 6.66 and a net value per share of Rs.73.50.
Today is the last day to take advantage of Guheswori Merchant Banking & Finance Limited’s proposed 6.84% dividend (GMFIL).
The company has scheduled its 21st Annual General Meeting for March 27th, 2079. The meeting will begin at 10 a.m. that day at the company’s headquarters in Harihar Bhavan, Lalitpur.
Kalinchowk Darshan Limited’s initial public offering (IPO) was completed today at the offices of Nabil Investment Banking Limited in Kathmandu.
Kalinchowk Darshan Limited had issued to the general public 896,400 units worth Rs 8.96 crore in an Initial Public Offering (Magh 3-6, 2079).
Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager.
On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube Oil, and Mr. Dinesh Thakali, Managing Director of Prabhu Capital.
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment opportunities.
Based on a book written by Robert Kiyosaki Rich Dad Poor Dad, people can be divided into four distinct categories in terms of generating income. They are:
1. Employee (Salary-based) are those who work for others in order to meet their needs. They are paid at the end of the month for their work. Job holders are included in this category. Employees benefit from security because they know they will be paid at the end of the month. The main disadvantage of being an employee is the lack of freedom.
2. Self-employed are individuals who work for themselves. They have more freedom than salaried employees, but they must work like salaried employees to meet their demands.
3. Businessmen are the owners of the company Business owners hire others to work for them. They create products and services in order to make money.
4. Investors invest in businesses and stocks for profit.
According to the book, in order to become wealthy, you must be either a businessman or an investor, or both.
Not all of your money can be considered an investment. There are a few factors that distinguish between spending and investing. The following are the two most important characteristics that every investor should possess:
The principal is your machine, which can print money for you. It is in your best interest to keep your machine in good working order. When you lose your principal, you can’t make money off of it. As a result, the safety of the principal should be your top priority.
When you put your money into a good business, you get something in return. Your return can take the form of cash, shares, or stocks. What you should remember is that your principal earns you some level of return. You should not expect a return on your investment that is exponential or even out of the realm of possibility. Investing with a non-realistic expectation of return is gambling. Never put your principal at risk. It is all you have.
Inflation is a term used to describe the gradual decline in the purchasing power of money. A popular saying goes, “A dollar today is worth more than a dollar tomorrow.” As an investor, you have the ability to outperform inflation and keep your money’s value constant. You should always keep an eye on inflation and strive to outperform it. Your investment return should always be greater than your country’s inflation rate.
It is yet another advantage of being an investor. You can own as many and as varied businesses as you want. What you should have are some investing principles that you can use before you start investing. After you’ve established your investing principle, the world is yours to explore.
There are three main popular fields of investing in Nepal. They are:
Real estate is and has always been the best investment opportunity. Real estate investment generates income from two sources: renting and selling real estate. It can be both active and passive investment. You can actively buy and sell properties, or you can simply invest in real estate and let time do the work of calculating your income. You can always expect your property’s value to rise over time. In the meantime, you can use the money you earn from renting to cover your day-to-day expenses.
Banks in Nepal offer competitive interest rates on fixed deposit savings. You can protect your principal by using fixed-deposit schemes offered by commercial banks or development banks in Nepal. While cooperative companies in Nepal have high rates of return, they have a bad reputation for fraud or scams. It is not a good idea to put all of your money in cooperatives.
In Nepal, there is also peer-to-peer lending. It pays a higher interest rate on your money than institutions, but it also carries a higher risk.
Interest-bearing deposits are one of the best passive income ideas in Nepal, regardless of where you choose to invest.
Nepal Stock Exchange (NEPSE) is the country’s sole stock exchange. If you are new to this, you can read the NEPSE beginner’s guide. Investing in stocks provides you with two significant benefits. You can be a shareholder in any company you want, and you will receive an annual return. Alternatively, you can sell your stocks if the price rises. Stock investing, like real estate investing, allows you to be either an active trader or a passive investor. Stock investing can begin with as little as 100 rupees. Stocks could be the next best small business in Nepal for you.
Furthermore, the best investment you can make is in yourself. Always seek to broaden your knowledge. Read books, websites, and news to stay current. One thing that all of the best investors have in common is that they are voracious readers. As the saying goes, the more you learn, the more you earn.
It is not easy to become an investor. To become a good investor in Nepal and other countries, a certain set of principles and hard work are required. However, it is not as difficult as learning rocket science. Anyone can become a good investor with careful planning and dedication. There are a few things you should never forget and a few things you should never forget. Best wishes for your investment.
The covid19 pandemic is not only putting millions of people’s lives in peril, but it is also devastating the global economy. Our government has proclaimed general vacations and imposed a travel ban on the general public in order to combat the spread of Coronavirus. Nobody knows how long it will take for things to return to normal. Meanwhile, some huge organizations are downsizing their workforces, while small and mid-sized businesses are being forced to lay off employees. As a result, a large number of people are losing their employment or their salary. At this vital juncture, we’ll highlight several quarantine income opportunities, both online and offline. Keep reading to learn how you can make money during the lockdown!
If you are a graphic designer with experience utilizing popular graphic tools such as Adobe Photoshop and/or Adobe Illustrator, you can get hired online and earn big money. Graphic designers are hired by many overseas platforms to work on little to large projects including logo design, business card design, banner design, brochure design, and so on. Here are some job vacancies in distribution.
https://www.freelancer.com/jobs/graphic-design/
https://www.behance.net/joblist
https://99designs.com
https://www.upwork.com/ab/find-work
Do you like to use social media sites like Facebook, Twitter, and Instagram from time to time? Why don’t you complement your income with those sources? Any online social media channel that allows you to generate links or followers can be utilized to promote a product (made by another company). You may easily earn an affiliate fee if a viewer purchases your offered goods through your provided link. A variety of local businesses offer affiliation programs as well. Let’s have a look at some options.
https://www.daraz.com.np/wow/i/np/help-pages/daraz-affiliate-program
Affiliate marketing is a safe and secure way to earn money online. More people are choosing to affiliate marketing as a full-time career because of the attractive affiliate commission arrangements given by numerous companies. If you have good writing and/or video-making talents, as well as some SEO knowledge, you may generate a consistent income conducting affiliate marketing on your blog or YouTube. Take a peek at some of the various international affiliation channels.
https://affiliate-program.amazon.com/
http://www.cj.com/
https://shareasale.com/
Earn a comfortable living by teaching online. You can write courses based on your experience and advertise your profile on social media platforms like linkedin.com. Begin by enrolling in some low-cost or no-cost basic level courses. Consider offering some paid advanced-level skills classes if the audience responds well. Here are some local and worldwide resources for looking for online teaching employment and/or submitting your online course:
hhttps://www.udemy.com/teaching/
https://sellfy.com/sell/courses-online/
https://www.skillshare.com/teach
Do you have an innate desire to write? Yes, you can work as a freelance writer for a range of local and online publications if you answered yes. There are a range of freelance assignments accessible, including translation, guest writing, blog post writing, essay writing, academic writing, book writing, and study, whether you’re a newbie writer or a seasoned researcher. It will enable you to teach people while also allowing you to earn money. Take a look at the resources listed below.
https://solidgigs.com/
https://remote.co/remote-jobs/writing/
https://www.freelancewriting.com/jobs/
Do you enjoy working with computers? You can get hired online if you know any programming language, including PHP, Python, C#, Java, and others. Based on your degree of education and experience, you should apply for freelance programming employment. Here are a few areas where you might look for work as an internet programmer.
https://www.upwork.com/freelance-jobs/database-programming/
https://www.peopleperhour.com/freelance-programming-jobs
https://www.indeed.com/q-Online-Programmer-jobs.html
https://www.ziprecruiter.com/Jobs/Online-Programmer
Don’t be concerned if you aren’t a designer, editor, or programmer. The Internet is a huge ocean of possibilities for a wide range of occupations. If you have experience in a specific field of knowledge, such as business proposal preparation, project management, or digital marketing, you should hunt for freelance employment in foreign marketplaces.
Here are some useful links:
In days past, stock market information was limited and often buyers depended on stockbrokers to try to get the facts about investments. Today there are a variety of stock investment tools to assist modern investors and maximize the amount of information they can find about potential investments and trading activities.
The widespread use of the Internet puts a wealth of information at your fingertips right away. The Internet has facts about many publicly listed companies in the United States. Certain websites provide free research information, which may be rather general in nature but still useful to beginners. Other companies publish in-depth research reports outlining the activities of listed companies. These detailed reports may only be offered through a subscription, which may be an expensive choice for retail based investors. Based on the quality of the research provided about the company, such detailed reports may wind up costing hundreds or even thousands of dollars.
For simple background facts, stock investors can peruse news articles, analyst reviews and research reports intended to supply fundamental company information. This basic information can come from analyzing previously published financial reports or catching up on current news events regarding the company’s activities. This fundamental research can be a place to start to obtain more information so investors can adequately analyze the data to make educated investment decisions.
Investors can also take advantage of a variety of stock investment tools that offer management or raw data including current stock quotes, index performances or historical price data. Such tools may be purchased from a software company and then installed in computers. These tools assist in gathering, processing and analyzing raw data so the information is more useful to the investor.
For example, an investor can take raw data of the historical closing prices of certain companies and run it through investment software to find out additional information such as the volume of stocks traded on a particular company for a said period of time or the historical price trend of one company compared to an index of other companies. These stock investment tools generate reports that assist investors in developing more effective trading strategies from the raw data they originally had.
Certain stock investment tools purchased from various software companies may cost hundreds of dollars. This type of pricey investment may not be practical for small scale investors looking to make a profit right away. Individual or beginning investors can take advantage of analysis tools on the Internet made available from stock market companies for free to their clients. These tools are also made available for free to online investment clients to help them develop their trading strategies to try to achieve profits.
Efficient stock investment tools, research products and information are readily accessible on the Internet for your convenience. However, it still requires data gathering, interpretation of analysis and careful planning to ensure successful trading. By using some online tools and careful analysis of the data, investors can develop viable trades for long term investment growth.