Investing
Kumari Bank’s 757,699 Promoter Shares Up for Auction Today
Kumari Bank Limited (KBL) is conducting an auction to sell 757,699 units of promoter shares to the general public. The auction will take place from the 22nd to the 29th of Ashad, 2080. Individuals, companies, and institutions are all allowed to participate in the auction, with a minimum bid rate of Rs. 110. Bidders […]
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Last Day for Eligibility: Api Power Company Limited’s Rights Offering Draws to a Close
Api Power Company Limited (API) has announced that today is the final day for shareholders to be eligible for its rights offering. The hydropower company plans to issue 40% right shares, amounting to Rs. 1.65 Arba, through the issuance of 1,65,33,137 units of right shares to its existing shareholders. This offering will increase the company’s […]
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NEPSE Approves Membership for Seven New Brokerage Companies, Expanding Market Services
NEPSE Approves Membership for Seven New Brokerage Companies The Nepal Stock Exchange (NEPSE) has confirmed the membership of seven new brokerage companies. These companies have met the criteria and received approval from NEPSE’s Board of Directors. Expansion of Brokerage Services The seven newly approved companies include Bhole Ganesh Securities Limited, Capital Max Securities Limited, Himalayan […]
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“Upper Lohore Hydropower Company Limited Announces IPO Updates: Closure for Nepalese Citizens Working Abroad and Extension for Project-Affected Locals”
Upper Lohore Hydropower Company Limited has provided updates regarding its initial public offering (IPO) of shares. The IPO is now closed to Nepalese citizens working abroad as of the 21st of Ashad, 2080. However, the deadline for project-affected locals in the Dailekh District has been extended until the 5th of Shrawan. The IPO process started […]
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Announcement: Nepal Infrastructures Investment Fund Limited Calls 1st Special General Meeting to Discuss Key Agendas and Shareholder Participation
Nepal Infrastructures Investment Fund Limited has announced its plans to hold the 1st Special General Meeting (SGM) on the 7th of Shrawan, 2080. The meeting will take place in Jhamsikhel, Lalitpur, and is scheduled to commence at 10 am on the aforementioned day. The SGM will address several important agendas that require the attention and […]
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“Nepse Index Ends Week with Slight 0.06-Point Dip at 2049.38 Level”
The Nepal Stock Exchange (NEPSE) Index ended the week with a minimal decline of 0.06 points, settling at a level of 2049.38. On Wednesday, NEPSE experienced a loss of 39.26 points, reaching a stagnant position of 2049.44. During today’s trading, the market opened at 2050.28 and reached a peak of 2064.57 points. However, it also […]
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NEPSE Hands Membership Certificates to Seven New Brokers; Assigns Broker Numbers 61-67
Today, the Nepal Stock Exchange (NEPSE) delivered membership certificates to seven new brokers who recently met the necessary requirements and obtained final approval. The certificates were presented by Manager Lila Dhar Subedi at the NEPSE Office in Bhadrakali. Additionally, the new brokers were assigned operation numbers ranging from 61 to 67.
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Shikhar Insurance Leads Non-Life Insurance Premium Collection with Rs. 36.19 Arba in Jestha
In the first eleven months of the fiscal year 2079/80, non-life insurance companies in Nepal collected an impressive amount of Rs. 36.19 Arba in premiums from 25.37 lakh active insurance policies. According to a report from the Nepal Insurance Authority, Siddhartha Premier Insurance holds the most active policies at 313,602, followed by Sagarmatha Lumbini […]
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SEBON Approves Himalayan Capital’s “Himalaya 80-20” Mutual Fund Scheme with 10 Crore Units
The Securities Board of Nepal (SEBON) has given its approval for the “Himalayan 80-20” mutual fund scheme, which is valued at Rs 1 Arba. This closed-end scheme will offer 10 crore unit shares with a par value of Rs 10 per share. The scheme is sponsored by Himalayan Bank Limited (HBL) and managed by […]
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“80% Surge in Life Insurance Policies for Foreign Employment, NIA Statistics Show”
According to the Nepal Insurance Authority (NIA), the number of life insurance policies taken by individuals working abroad has increased by a significant 80.68 percent within a year. From Jestha 2079 to Jestha 2080, the number of life insurance policies subscribed for foreign employment rose from 876,541 to 1,583,746. Overall, there has been growth […]
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