Hydro
“SEBON Adds 39.50 Lakhs IPO Shares of Daramkhola Hydro Energy to Pipeline”
Daramkhola Hydro Energy Limited has submitted an IPO proposal to SEBON (Securities Board of Nepal). The proposal outlines the issuance of 3,950,000 shares, with the aim of raising Rs. 39.5 crores for the company. This application was submitted on Bhadra 05, 2080. For the public offering, Laxmi Capital has been appointed as the issue manager. […]
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“NEPSE Climbs 5.09 Points to Reach 1998.48; Kutheli Bukhari Hydro Sees Continued Positive Trends”
In the trading session today, the Nepal Stock Exchange (NEPSE) Index concluded at 1,998.48 points, marking a rise of 0.25% or 5.09 points in comparison to the previous day’s close. The trading day began with the index starting at 1,994.03 points. It reached its highest point during the day at 2,009.70 but also dipped […]
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“NEPSE Dips Below 2000, Closes at 1993.38; Kutheli Bukhari Hydro Shows Positive Circuit”
In today’s trading on the Nepal Stock Exchange (NEPSE), the NEPSE Index closed at 1,993.38 points, marking a decrease of 20.54 points or 1.02% compared to yesterday’s closing. The index had faced a loss of 31.52 points on the previous trading day. The trading session began with the index starting at 2,014.21 points and […]
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“Closing Today: National Hydro Power Company 10:5 Rights Offering”
The National Hydro Power Company Limited (NHPC) is concluding the issuance of its ongoing 10:5 ratio right shares today, 18th Shrawan, 2080. The issue was open since 29th Ashad. Eligible investors are reminded to apply for the right shares before the end of banking hours today. After the issuance of 82,21,459.7178 units of right shares, […]
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“Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated”
Singati Hydro Energy has chosen Kumari Capital as the issue manager to handle the issuance of right shares to its existing shareholders. According to the company’s announcement, they plan to float their shares in a 1:1 ratio, totaling 1.45 crore unit shares. The memorandum of understanding (MoU) was signed between Singati Hydro Energy’s Managing […]
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Dobhan HydroPower Company Appoints Sanima Capital as Issue Manager for Upcoming IPO
Dobhan HydroPower Company has recently chosen Sanima Capital as the issue manager for its upcoming initial public offering (IPO). The agreement between the hydro company’s Managing Director, Mr. Puranjan Rai, and the merchant bank’s CEO, Mr. Bishm Raj Chalise, was formalized during a program, according to a media statement. In the IPO, Dobhan HydroPower Company […]
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Chhyangdi Hydropower Appoints BoK Capital Market as Issue Manager for Right Share Issuance
Chhyangdi Hydropower has chosen BoK Capital Market as the issue manager for its upcoming issuance of right shares. The company plans to offer existing shareholders the opportunity to purchase additional shares in a 1:1 ratio, totaling approximately Rs 38.69 crore. This move aims to strengthen shareholder ownership and support the company’s growth in the hydropower […]
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Nepal Chamber Expo 2023 to Feature Over 150 Stalls of National and International Manufacturers
The Nepal Chamber of Commerce has announced that it will be hosting the Nepal Chamber Expo 2023 from Jestha 4 to 8, 2080 at Bhrikutimandap, Kathmandu. Over 150 stalls featuring a wide range of national and international manufacturers will be present at the event. Exhibits will include items such as automobiles, electrical and electronics, home […]
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Upper Solu Hydro Electric Company Reports Net Profit of 1.08 Crores in Q3; Financial Expenses Increased By Huge Margin of 244.73%
Upper Solu Hydro Electric Company Limited (USHEC) has released its unaudited third-quarter report for FY 2079/2080, reporting a net profit of Rs. 1.08 Crores, indicating a 78.98% decline from the relevant period of the previous fiscal year. The company’s paid-up capital remains at Rs. 1.35 Arba, and it has a negative reserve of Rs 3.64 […]
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“National Hydro Power reports Q3 net loss of Rs. 2.29 Crores due to increased interest expenses; announces plans to issue 50% right shares”
In the third quarter (Q3) of the current fiscal year 2079/80, National Hydro Power Company Limited (NHPC) reported a net loss of Rs. 2.29 Crores, compared to a profit of Rs. 3.27 Crores in the corresponding quarter of the previous year. The company’s total revenue till the end of Q3 was Rs. 2.91 crores. However, […]
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