Investing

Kumari Bank Limited to Auction Promoter Shares to Existing Promoter Shareholders 1
Business | Market | Economy

Kumari Bank Limited to Auction Promoter Shares to Existing Promoter Shareholders

Kumari Bank Limited (KBL) has announced an auction of 2,68,949 units of shares to existing promoter shareholders, starting from today, the 31st of Jestha, 2080. The auction is exclusively open to the existing promoters of KBL, who will have a period of 35 days from the date of this notice to submit their bids. Eligible […]

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Kalika Laghubitta Bittiya Sanstha Bonus Shares Listed on NEPSE 5
NEPSE NEWS

Kalika Laghubitta Bittiya Sanstha Bonus Shares Listed on NEPSE

Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has successfully listed 5,94,463.2816 units of bonus shares on the Nepal Stock Exchange (NEPSE). During the company’s 13th Annual General Meeting held on 29th Chaitra, it was decided to distribute a 20% dividend for the fiscal year 2078/79. The board of directors proposed a distribution of 19% bonus shares […]

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NEPSE Index Records Moderate Gain, Highest Turnover in Five Months 7
NEPSE NEWS

NEPSE Index Records Moderate Gain, Highest Turnover in Five Months

The NEPSE index concluded today’s trading session at 2,037.06, registering a gain of 16.42 points from the previous day’s closing. This represents a percentage increase of 0.81%. Notably, the index had shown significant growth of 34.17 points in the previous trading session. Starting at an opening value of 2,020.15, the index reached an intraday high […]

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Himalayan Reinsurance Limited Reports Impressive Q3 Results 9
IPO | FPO Business | Market | Economy

Himalayan Reinsurance Limited Reports Impressive Q3 Results

Himalayan Reinsurance Limited (HRL) has released its third-quarter financial report for the ongoing fiscal year 2079/80, showcasing a net profit of Rs. 25.44 crores. This marks an increase compared to the corresponding quarter of the previous fiscal year when the company earned Rs. 19.64 crores. Notably, HRL has experienced a significant surge in net premium, […]

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Nepal Republic Media Limited Concludes Oversubscribed IPO Issuance 11
IPO | FPO

Nepal Republic Media Limited Concludes Oversubscribed IPO Issuance

Nepal Republic Media Limited, the publication house behind Nagarik Nepali Daily, Republica English Daily, and Shukrabar Weekly, is closing the issuance of its Initial Public Offering (IPO) today, on Jestha 30, 2080. The IPO opened on Jestha 26, 2080. The company has an issued capital of Rs. 96.75 crores, out of which 44.99% or 43,53,000 […]

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Chhyangdi Hydropower Company Limited Plans to Issue Right Shares 13
Dividend

Chhyangdi Hydropower Company Limited Plans to Issue Right Shares

Chhyangdi Hydropower Company Limited (CHL) has submitted an application to the Securities Exchange Board of Nepal (SEBON) to add its right shares to the pipeline for preliminary review. The hydropower company intends to issue 100% right shares amounting to Rs. 38.67 Crores. This will be achieved through the issuance of 3,869,775 (1:1) units of right […]

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NEPSE Index Records Strong Gain and Highest Turnover in Months 15
NEPSE NEWS

NEPSE Index Records Strong Gain and Highest Turnover in Months

Today, the NEPSE (Nepal Stock Exchange) index closed at 2,020.64, marking an impressive increase of 34.17 points from the previous trading day’s closing. This gain of 1.72% is particularly notable, considering the index had already gained 7.79 points yesterday. In fact, the index concluded at its highest level in 3.5 months, surpassing the levels seen […]

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Rawa Energy Development Limited IPO Allotment and Project Details 17
IPO | FPO

Rawa Energy Development Limited IPO Allotment and Project Details

The IPO allotment process of Rawa Energy Development Limited, a hydropower company, has been completed at the premises of Prabhu Capital Limited in Kathmandu. The company issued 6,43,667 units worth Rs. 6.43 crores as an Initial Public Offering (IPO) to the general public between Jestha 18 and 22, 2080. Prior to the IPO, 2,80,000 units […]

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Auction of Promoter Shares: Muktinath Bikas Bank Limited and Mahalaxmi Bikas Bank Limited 19
Business | Market | Economy

Auction of Promoter Shares: Muktinath Bikas Bank Limited and Mahalaxmi Bikas Bank Limited

Muktinath Bikas Bank Limited (MNBBL) is selling 119,055 units of promoter shares through an auction. The auction is only open to existing promoters of the bank and will take place from 30th Jestha to 1st Shrawan, 2080. The minimum bid rate is Rs. 190, and bids must be submitted to the auction manager, B.O.K Capital […]

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