An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding […]
Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed 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. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the
Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global
For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end
The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL). KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun,
According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at USD 10.50 billion, while total imports and exports decreased by 19.9 percent and 29 percent, respectively, and the trade deficit decreased by 18.7 percent. The outstanding concessional loan was Rs.210.96
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
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
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
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
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
From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO). The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have
