What is happening with cyc laghubitta share?? It’s not listed in the secondary market and also I can’t find any information regarding it why??
View on r/NepalStock by s1SnowBurnt
Tag: Information
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when the commodity market will start again? keii information hola ta yesbare ma
When will the commodity market start again?
Do you guys know any information about it.
View on r/NepalStock by density044
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Sell Information in TMS (payment_due)
Maile share becheko ra paisa pani aayo bank tara sell information ma still payment due dekhako xa testo kina hola??… becheko share ko paisa settelment garne broker ko kam ho ki k ho?? I am very beginner in tms just trying to learn it.. Thanks
https://preview.redd.it/hdlavmafvdmb1.png?width=707&format=png&auto=webp&s=10dd271b1b2ae2393fc9ef92044b0a433c28bb99
View on r/NepalStock by rk_rahulkumar
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“Himalayan 80-20 Public Offering: Your Comprehensive Guide”
The “Himalayan 80-20” mutual fund scheme is backed by Himalayan Bank and overseen by Himalayan Capital. This marks the debut mutual fund for Himalayan Capital.
Himalayan Bank Limited, founded in 1993 as a partnership with Pakistan’s Habib Bank Limited, has been a prominent force in Nepal’s banking sector. The bank has consistently led by introducing novel banking services, including the first Premium Savings Account, HBL Proprietary Card, Millionaire Deposit Scheme, ATMs, and Tele-banking. From its inception, the bank has prioritized innovation and customer contentment. Its journey began at Thamel, Kathmandu’s Employees Provident Fund Building, also known as Sanchayakosh Building.
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Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization
Jyoti Bikas Bank Limited (JBBL) has recently provided 3% bonus shares directly to the DEMAT accounts of its shareholders and has urged them to convert their physical shares into electronic form through dematerialization. The bank’s move aims to facilitate seamless share transactions and promote the modernization of shareholding processes.
During the bank’s 15th Annual General Meeting (AGM) held on the 14th of Falgun, a dividend of 6.80% amounting to Rs. 29.02 crores was endorsed for the fiscal year 2078/79. The dividend distribution decision was made during the 440th board of directors meeting on Poush 22. Based on the bank’s paid-up capital of Rs. 4,26,77,53,287, the proposed distribution includes 3% bonus shares valued at Rs. 12.80 crores and a 3.80% cash dividend (intended for tax purposes) totaling slightly over Rs. 16.21 crores. It is important to note that the bonus shares have already been listed on the Nepal Stock Exchange (NEPSE).
JBBL has also requested its shareholders to pay the applicable tax amount for the 11% bonus shares proposed during the fiscal year 2077/2078, including the cash dividend approved during the 15th AGM. Shareholders can find detailed information regarding the tax amount they are required to pay on the website of the share registrar, NIBL Ace Capital Limited.
By distributing bonus shares and emphasizing the dematerialization process, JBBL demonstrates its commitment to providing value to its shareholders and keeping up with technological advancements in the financial industry. The bank’s efforts aim to enhance efficiency, transparency, and convenience for its shareholders.
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Nepal Stock Exchange App (NEPSE App) on Google Play
In recent years, the Nepal Stock Exchange (NEPSE) has become a popular destination for investors looking to invest in the Nepali stock market. As technology continues to advance, investors now have access to an app that makes it easy to keep track of their investments and stay informed about the latest market trends. The NEPSE app is a powerful tool that provides investors with real-time information, market news, and trading alerts, all in one place.
Download Official NEPSE APP on Google Play
One of the most significant advantages of the NEPSE app is its ease of use. The app is designed to be user-friendly, with a clean interface that allows investors to access all the information they need quickly. Investors can easily view their portfolio, market trends, and company news with just a few taps on their mobile devices. This makes it easy for investors to stay on top of their investments and make informed decisions based on the latest information.
The NEPSE app also provides real-time information about the Nepali stock market. Investors can view the latest market trends, stock prices, and trading volumes, allowing them to make informed decisions about their investments. The app also provides trading alerts, which notify investors when a stock reaches a certain price or when there is a significant change in the market. This allows investors to react quickly to market changes and make timely decisions.
Another significant advantage of the NEPSE app is its ability to provide investors with company news and information. The app provides up-to-date information on companies listed on the Nepali stock market, including financial reports, press releases, and company announcements. This allows investors to stay informed about the companies they are invested in and make informed decisions based on the latest news.
Overall, the NEPSE app is a powerful tool for investors looking to invest in the Nepali stock market. With its ease of use, real-time information, and company news, the app provides investors with the information they need to make informed decisions about their investments. As technology continues to advance, it is likely that more investors will turn to apps like the NEPSE app to stay informed about the markets and make smart investment decisions.
Download Official NEPSE APP on Google Play
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List of Bank Holidays in Nepal 2080
The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as declared by the government. The notice from NRB outlines the bank holidays during which Nepalese banks will remain closed, while also indicating that partial banking services, including cash transactions, will be available on certain dates marked with an asterisk (*). This information is aimed at providing clarity to the public and businesses regarding the operational status of banks during the designated holidays.
No. List of Holidays Date 1 New Year April 14, 2023 2 Labour Day May 1, 2023 3 Buddha Jayanti/Ubhauli/Chandi Purnima* May 5, 2023 4 Republic Day* May 29, 2023 5 Gaura Parva (Only for the region or culture celebrating the festival) August 24, 2023 6 Raksha Bandhan/Gai Jatra* August 31, 2023 7 Krishna Janmashtami* September 6, 2023 8 Tij (Only for women) September 18, 2023 9 Constitution Day September 20, 2023 10 Indra Jatra* (Only in the Kathmandu valley) September 28, 2023 11 Jitiya Parva (Only for women celebrating the festival) October 7, 2023 12 Ghatasthapana* October 15, 2023 13 Dashain (Phulpati-Dwadashi) October 21-26, 2023 14 Phalgunanda Jayanti (Only for the followers of Kirat religion) November 11, 2023 15 Tihar November 12-16, 2023 16 Chhath November 19, 2023 17 Guru Nanak Jayanti (Only for the Sikhs) November 27, 2023 18 International Disability Day (Only for the staff with disabilities) December 3, 2023 19 Christmas* December 25, 2023 20 Udhauli/Yomari Punhi/Jyapu Diwas* December 26, 2023 21 Tamu Lhosar* December 31, 2023 22 Prithvi Jayanti/National Unity Day* January 12, 2024 23 Maghi/Maghe Sankranti* January 15, 2024 24 Sonam Lhosar* February 10, 2024 25 People’s War Day* February 13, 2024 26 Democracy Day* February 19, 2024 27 Mahashivaratri/Women’s Day* March 8, 2024 28 Gyalpo Lhosar* March 11, 2024 29 Phagu Purnima March 24, 2024 (Hilly and mountainous districts)
March 25, 2024 (Plain districts)30 Ghodejatra* (Only in the Kathmandu valley) April 8, 2024 31 Machhindranath Bhoto Jatra* (Only in the Kathmandu valley) Date to be announced by the government 32 Eid al-Fitr* Date to be announced by the government 33 Bakra Eid/Eid al-Adha* Date to be announced by the government 34 Siruwa Pawani (Only in Jhapa, Morang, Sunsari, Siraha and Saptari) Date to be announced by the government 35 Mohammad Jayanti (Only for the Muslims) Date to be announced by the government -
SEBON Extends the Deadline for Companies Interested in Stock Exchange Operations
The Securities Board of Nepal (SEBON) has issued a notice to eligible institutions requiring them to apply for a Commodities Exchange Market Operation license and a Stock Exchange Operation license within 10 days.
To provide investors with market access, enable commodity price innovation, and provide investors with alternative investment instruments to preserve price stability, a commodities exchange market that is investor-friendly, competitive, worldwide in scope, and competent is required.
In order to run the commodities exchange market under the rules, guidelines, and other applicable regulations, those who seek to form a limited liability company in compliance with the prevailing legislation must first get board permission.
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National Life Insurance has released new bonus rates, with a maximum bonus of Rs 85 per Rs 1000 insured amount.
National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers.
According to the information, the company will offer a Rs 63 bonus for up to 9 years of life insurance, Rs 64 for 10 to 20 years, Rs 70 for 21 to 25 years, and Rs 85 for 26 years and above per Rs 1000 of insured amount. According to the media statement, the company will also provide Rs 64 for up to 9 years of term insurance and full life insurance, Rs 64 for 9 to 20 years, Rs 70 for 21 to 25 years, and Rs 85 for 26 years and above.
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Chhimek Laghubitta (CBBL) will pay a cash dividend of 3.26% to shareholders’ bank accounts.
From today (14th Chaitra), Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) is delivering 3.26% cash dividends straight to its shareholders’ bank accounts and has asked them to dematerialize their shares.
On Chaitra 10, 2079, the firm had its 21st AGM for the fiscal year 2078/79. The board of directors approved a 25.26% dividend for fiscal year 2078/79. The 282nd meeting of the board of directors, held on Poush 27, resolved to give a dividend of Rs. 2.32 Arba on the paid-up capital. There was a proposal for 22% bonus shares worth Rs 51.13 crores and a 3.26% cash dividend (including tax) of Rs 7.57 crore. The same cash dividend is now paid out.
Furthermore, the corporation has asked owners to dematerialize their shares if their bank information has not been updated.
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How to Renew Driving License in Nepal
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office.
Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours.
As offices are closed on weekends and so is the DOTM Nepal most of us need to take half a day or take leave from work just to renew our license.
This is also one of the main reasons why people get fined and have to pay late renewal fees.
Service Driving License Renewal in Nepal Issued By Department of Transport Management Validity 5 Years Renewal Fee Rs 1500 Fine After 90 days or more Payment Methods Cash Application Mode Offline Official website https://www.dotm.gov.np/ To renew your driving license in Nepal you will need to visit the Department of Transport Management office and follow the process below.
- Receive token and EDL print
- Provide Biometrics
- Pass medical checkup
- Calculate your fees
- Payment
- Receive receipt (Wait for license print)
As you already know Nepal has started implementing smart driving licenses including an option to upgrade for existing license holders.
This has hugely impacted DOTM’s printing and distribution timing, some are still waiting for their license after a year, so you might have to wait a little longer to receive your driver’s license.
But you will receive a receipt that can be used as a replacement until you receive your original renewed license.
Documents required to renew a driving license are
- Citizenship original and photocopy
- License original and photocopy
Step-by-Step Guide process to renew License in Nepal 2023
1. Receive token and EDL print
The first step is to take a token number for your license renewal, this is the waiting list. And receive your EDL print (license information) from room 101.
The room number might be different for different cities and offices.
2. Provide Biometrics
The second step is to give or verify your digital biometrics, if you have given your biometrics to DOTM then they will verify your digital fingerprint and if your information matches. You will be sent to the next step.
3. Medical checkup
The third step is to pass your medical, which is usually an eyesight and color blindness test. They will check if you can see properly or not.
If you fail this test then you might need to wear glasses and come back later.
4. Calculate your license fees
The fourth step is to calculate how much you need to pay to renew your license. This depends on your license type and if you are paying on time or not.
If you have to pay for renewal before 90 days of expiry then you do not have to pay a fine but if this exceeds then you will be fined. Check the table below for fines and fees.
5. Payment
The fifth step is to pay your fees, you need to fill out a bank voucher and deposit it.
6. Receive a receipt
After paying you need to wait for the receipt. After it is ready they will call you by name and give it to you.
You will receive two receipts. One is payment and the other (Pink) can be used as a license.
After this, you can go home, and to check your license print status you can check their official website.
About License Renewal fees in Nepal
The Department of Transport Management charges renewal fees to all Nepalese license holders after the expiry date.
As of 2023 Driving license renewal charges in Nepal start from Rs 1500 for two-wheelers, 2000 for small vehicles such as Cars and Jeeps, 2500 for heavy vehicles, and the highest will be Rs 3000.
These renewal fees are divided into categories of vehicles see the image below for more information.
How much is the fine for an expired license in Nepal?
The validity of your license in Nepal is of 5 years only and if you want to keep using it then you need to renew it accordingly.
If you fail to renew your license on time then you will have to pay a fine as high as 500% plus your actual renewal fees.
If you fail to renew your license within 90 days of expiry, you will be charged 100% until the first year and will keep on adding 100% as the year passes by.
How much is the fine for an expired license in Nepal?
You need to pay a fine of 100% to 500% in Nepal if you fail to renew your license on time.
After how many months will I have to pay fines for an expired license in Nepal?
The Department of Transport Management starts charging fines for driver’s licenses after 3 months or 90 days of their expiry.
Frequently Asked Questions on License Renewal
How much does it cost to renew a license in Nepal in 2023?
The entry fee for renewing a license in Nepal is Rs 1500, excluding other charges such as photocopies, photos, stamps, and application charges.
The cost of renewal depends on what type of license you own such as Bike, Car, and Big vehicle.
What happens if a driving license is expired?
If your license is expired, then you cannot drive in public spaces. Unless you renew your license and pay the government the renewal fee. Also if you are caught driving without a license then you will be fined and might get other punishments as well.
How to renew a driving license in Nepal?
Visit DOTM and follow the steps below to renew a license in Nepal.
1. Receive token and EDL print
2. Provide Biometrics
3. Pass medical checkup
4. Calculate your fees
5. Payment
6. Receive receipt (Wait for license print)Can I renew my driving license online in Nepal?
Yes, you can renew your driving license online, visit the DOTM’s official website dotm.gov.np for more information and the application process.
Where can I renew my license in Kathmandu?
You can renew your license from The Department of Transport Management office in Kathmandu.
Where can I renew my license in Pokhara?
You can renew your Driving license from DOTM which is located in the Transport Management Office: Driving License, Prithivi Chowk, Pokhara
Do I need to pay fines for an expired license in Nepal?
You have 3 months or 90 days after your license expires, after this period you will be fined 100% for the first year.
What is the maximum validity of a license in Nepal?
In Nepal, the maximum validity of a Driving License in Nepal is of 5 years.
What document do I need to renew my license in Nepal?
Documents you need to renew your license in Nepal are a citizenship certificate, an expired driving license, and photographs.
Can I renew my license early in Nepal?
Yes, you can renew your driving license early in Nepal.
How to check the status of driving license renewal in Nepal
It is easy to check the status of your license, you can check it on your driver’s license. It has all the information including the expiry date.
How to renew a driving license that has expired more than 90 days in Nepal
You can renew your driving license as usual but as it has exceeded more than 90 days, you will be charged a 100% fine for it.
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List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO
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 in order to support operations or grow.
A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.