Tag: Investment

  • Hathway Investment Nepal (HATHY): A Phenomenal 1880% Gain for IPO Allottees in Just 47 Trading Days

    Hathway Investment Nepal (HATHY): A Phenomenal 1880% Gain for IPO Allottees in Just 47 Trading Days


    Hathway Investment Nepal Limited (HATHY) has surpassed expectations since its Initial Public Offering (IPO), making it a standout performer in the market. Established in 2009, Hathway is recognized as Nepal’s pioneering private-equity investment firm, dedicated to impactful investing. The company initiated its public market journey with an IPO priced at Rs. 50 per share, which received significant public attention, issuing a total of 24,27,750 unit shares. Listed on October 10, 2023, with an opening range set by the Nepal Stock Exchange (NEPSE) at Rs. 95.09 to Rs. 285.27, HATHY’s stock opened impressively at Rs. 285.20 on October 11.

    Hathway has exceeded market expectations, and as of January 4, 2024, the stock’s current market price stands at an impressive Rs. 990, including a 10% bonus share adjustment. This marks a substantial increase from the IPO price of Rs. 50 per share. The company has experienced a remarkable gain of Rs. 704.80 or 247.12% from the opening price of Rs. 285.20 in the last forty-seven trading days. Investors allotted shares during the IPO have witnessed a phenomenal gain of 1880% during this period, with a total turnover of Rs. 2.86 Arba and 95,777 transactions.

    In its first quarterly report, Hathway reported a net profit of around Rs. 1.58 Crores, with an Annualized Earnings Per Share (EPS) of Rs. 2.70 and a Net Worth Per Share of Rs. 80.24. The company’s investments in securities and properties total Rs. 2.06 Arba and Rs. 18.51 Crores, respectively.

    HATHY has proposed a dividend of 10.526%, comprising 10% bonus shares and 0.526% cash dividends, based on the company’s paid-up capital of Rs. 1.17 Arba for the fiscal year 2079/80. The book closure for this dividend closed on December 28, 2023.

    The closing price of Hathway on December 27 was Rs. 796.50, and after factoring in the adjustment for the 10% bonus shares, the revised price stood at Rs. 724.09. Post-adjustment, with a total of 25,740,000 units of shares, Hathway’s market capitalization presently stands at an impressive Rs. 25.48 Arba.

  • Is Commercial Bank a good place for long-term investment?

    Is Commercial Bank a good place for long-term investment?


    I think commercial Bank is a place for yearly return and long term. What do you guys think?

    View on r/NepalStock by Tsukiknows

  • Nepal Investment Mega Bank’s 10% NIMB Debenture 2090 Secures Regulatory Approval

    Nepal Investment Mega Bank’s 10% NIMB Debenture 2090 Secures Regulatory Approval


    The Securities Board of Nepal has granted approval for Nepal Investment Mega Bank Limited’s “10% NIMB Debenture 2090.” The regulatory nod was received on Poush 2, 2080.

    The debenture issuance, titled “10% NIMB Debenture 2090,” comprises a total of 40.40 lakh units, with each unit having a par value of Rs. 1,000. Out of the total units, 16.16 lakh will be made available to the general public, while the remaining 24.24 lakh units will be subscribed via private placement.

    Prabhu Capital Limited has been appointed as the issue manager for the debenture issuance.

    As indicated by its name, the “10% NIMB Debenture 2090” comes with a maturity period of 10 years, set to mature in the year 2090 BS. Unitholders of the debenture can expect a 10% annual return on their investment.

  • “Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”

    “Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”


    Shree Ganesh Properties & Investment Private Limited has initiated the auctioning of 1,24,833 promoter shares of Himalayan Life Insurance Limited (HLI), starting from the 1st to the 6th of Poush, 2080.

    During this auction, a total of 1,24,833 promoter shares of HLI are available for bidding, with a minimum bid quantity set at 10,000 units. Bidders are required to adhere to the regulations of the Nepal Insurance Authority, ensuring that the specified quantity of shares per entity is not exceeded. Eligible participants for the auction include interested promoter shareholders, the general public, and institutions. The minimum bid rate for the auction has been set at Rs. 250. Investors interested in participating in the auction should submit their bids at the central office of NIC Asia Capital Limited, located at Thapathali-11, Kathmandu, specifically on the 4th floor of Trade Tower.

    NIC Asia Capital Limited is appointed as the auction manager for this particular issue. As of the latest update, Himalayan Life Insurance Limited has a Last Traded Price (LTP) of Rs. 446.

    A formal Auction Notice has been issued to provide detailed information and guidelines for interested parties.

  • Shree Investment Finance Company Proposes 5.05% Cash Dividend for FY 2079/80

    Shree Investment Finance Company Proposes 5.05% Cash Dividend for FY 2079/80


    Shree Investment Finance Company Limited (SIFC) has put forward a proposal for a 5.05% cash dividend amounting to Rs. 4.96 for the fiscal year 2079/80. This decision was reached during the 336th board meeting held on Mangsir 26, with the dividend distribution derived from the company’s paid-up capital of Rs. 98.16 crores. The proposed 5.05% cash dividend is valued at slightly over Rs. 4.96 crores.

    Subject to approval by the central bank and subsequent endorsement during the company’s upcoming Annual General Meeting (AGM), the dividend will be distributed. As of the current update, Shree Investment Finance Company Limited’s Last Traded Price (LTP) is Rs. 355.

  • Why can’t I sell/select SIGS3 stocks? (Siddhartha Investment Growth Scheme 3)

    Why can’t I sell/select SIGS3 stocks? (Siddhartha Investment Growth Scheme 3)


    I tried to sell a mutual fund from TMS but it is not listed in the \`MF\` list but I could see SIGS2 in it, I just wanted to get rid of this scrip.

    View on r/NepalStock by notprofessorbean

  • I just started my investment Journey

    I just started my investment Journey


    I have invest in some of the stock to experience the market with see knowledge and idea.

    After 2 week of investment experience, it felt this stock market like a gambling. Yes, there are technical analysis but with some predictable pattern and lot of uncertainty.

    I wanna know your experience and how you all felt when you started and how you are now.

    View on r/NepalStock by Tsukiknows

  • Aajako andolan ma Durga bro le share nakinnus vanechhan, how you guys think the effects of ongoing scenario in overall Nepse. I am a small investor, but still Investment is investment. Should I sell all and accept loss? Should I wait and watch? What you guys thinking of doing at this moment?

    Aajako andolan ma Durga bro le share nakinnus vanechhan, how you guys think the effects of ongoing scenario in overall Nepse. I am a small investor, but still Investment is investment. Should I sell all and accept loss? Should I wait and watch? What you guys thinking of doing at this moment?


    K garne hola?

    View on r/NepalStock by Trick_Nail_9158

  • change SIP Investment duration to long term

    change SIP Investment duration to long term


    Hello guys,
    maile SIP suru gareko thye and ra SIP ko maile fixed term 20 years rakheko thye. But aile aayera malai unlimited term banauna man xa. Can i do that. I am doing sip in NMB saral bachat fund.

    View on r/NepalStock by Mobile-Piece7522

  • Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth

    Nepal Investment Mega Bank (NIMB) Reports Impressive Q1 2080/81 Profits with 33.47% Growth


    Nepal Investment Mega Bank Limited (NIMB) has recently unveiled its first-quarter report for the fiscal year 2080/81, demonstrating a remarkable 33.47% surge in its net profit. The bank’s profit soared to NPR 1.52 Arba during this period, indicating a positive trend in its financial performance.

    In terms of financial standing, the same period disclosed a total paid-up capital of NPR 34.12 Arba, along with reserves amounting to NPR 25.89 Arba. However, the bank’s retained earnings were in the negative, standing at NPR 85.23 Crores.

    NIMB’s first-quarter report revealed total deposits reaching NPR 3.61 Kharba, while loans and advances to customers amounted to NPR 3.04 Kharba. Notably, the bank experienced a significant 95.40% increase in Net Interest Income, reaching NPR 4.16 Arba. On the flip side, the bank reported personnel expenses of NPR 96.14 Crores and impairment charges of NPR 64.06 Crores.

    During the first quarter, the bank achieved an annualized Earnings Per Share (EPS) of NPR 17.84, and the net worth per share was recorded at NPR 173.37. However, the Non-Performing Loans (NPL) spiked up to 4.83%. It’s important to note that the bank reported a negative distributable profit of NPR 85.32 Crores.

  • IPO Shares of Mandu Hydropower and Hathway Investment Nepal Listed in NEPSE: Opening Ranges Revealed

    IPO Shares of Mandu Hydropower and Hathway Investment Nepal Listed in NEPSE: Opening Ranges Revealed


    The initial trading range for the first transaction of IPO shares is between Rs. 124.42 and Rs. 373.26. If the company enters into an agreement with NEPSE, these IPO shares will be available for trading in the secondary market on the following day.

    A total of 2,34,00,000 unit shares were issued, with 12,05,320 units being offered to the general public at a price of Rs. 206 per share. This price includes a face value of Rs. 100 and a premium price of Rs. 106 per share. This offering took place from the 10th to the 13th of Bhadra, 2080.

    Additionally, Hathway Investment Nepal Limited (HATHY) has listed 2,34,00,000 unit IPO shares on NEPSE, encompassing shares held by promoters and those allocated to the general public.

     

  • Have any of you guys used the broker: “Opal Securities Investment”? It is the highest rated broker of the valley.

    Have any of you guys used the broker: “Opal Securities Investment”? It is the highest rated broker of the valley.


    I was surprised to see that this broker wasn’t included in the broker survey: [https://www.reddit.com/r/NepalStock/comments/lpg22x/results\_of\_broker\_survey/](https://www.reddit.com/r/NepalStock/comments/lpg22x/results_of_broker_survey/).

    It has 4.1 stars (in google reviews) and 83 people voted.

    Is this rating legit or am I missing something?

    View on r/NepalStock by ImaginaryParfait5981