ipo

Manakamana Smart Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 2079/2080 1
Business | Market | Economy

Manakamana Smart Laghubitta Bittiya Sanstha Limited Reports Significant Decline in Net Profit for Q3 2079/2080

Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has published its third-quarter report for the fiscal year 2079/2080, which shows a significant decline in net profit by 108.05% compared to the same quarter in the previous year. The net profit dropped to a negative of Rs. 42.52 lakhs from Rs. 5.28 crores. The company’s borrowings decreased […]

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Liberty Energy Company approves right shares and elects new board members during 13th AGM 3
Business | Market | Economy Dividend

Liberty Energy Company approves right shares and elects new board members during 13th AGM

Liberty Energy Company held its 13th Annual General Meeting on April 8th, 2023, with Mr. Kush Kumar Joshi as the chair. During the meeting, all financial reports from the previous fiscal year were approved. The meeting also endorsed a proposal to offer 50% of right shares, equivalent to Rs 75 crore, to existing shareholders. Additionally, […]

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SEBON Approves Further Public Offering (FPO) of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) 5
IPO | FPO

SEBON Approves Further Public Offering (FPO) of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB)

The Securities Board of Nepal (SEBON) has given approval for the Further Public Offering (FPO) of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) on Baisakh 21, 2080. UNLB will issue 379,425 units of FPO shares, which the general public can apply for at a par value of Rs. 100 per share, raising Rs. 37,942,500 for […]

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IPO of Three Star Hydropower Limited closes for Nepali citizens abroad and extends deadline for project-affected locals 7
IPO | FPO

IPO of Three Star Hydropower Limited closes for Nepali citizens abroad and extends deadline for project-affected locals

Three Star Hydropower Limited is closing the initial public offering (IPO) for Nepalese citizens working abroad today, i.e., 25th Baisakh, 2080, and has extended the deadline for project-affected locals to apply for the IPO until 9th Jestha. The IPO issue was opened on 11th Baisakh, 2080. The company’s issued capital is Rs. 49.25 Crores, of […]

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AHPC Distributes 8% Bonus Shares and Dividend Worth Rs. 21.11 Crores, Encourages Shareholders to Dematerialize Shares 9
Dividend

AHPC Distributes 8% Bonus Shares and Dividend Worth Rs. 21.11 Crores, Encourages Shareholders to Dematerialize Shares

Arun Valley Hydropower Development Company Limited (AHPC) has recently given out 8% bonus shares to its shareholders. The bonus shares were distributed directly to the DEMAT accounts of the shareholders. AHPC has also encouraged its shareholders to dematerialize their shares. Dematerialization refers to the process of converting physical shares into electronic format. During the 25th […]

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Nepal Chamber Expo 2023 to Feature Over 150 Stalls of National and International Manufacturers 11
Business | Market | Economy

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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Nepalese Stock Exchange (NEPSE) index experiences decline in trading with all sector indices closing red 13
NEPSE NEWS

Nepalese Stock Exchange (NEPSE) index experiences decline in trading with all sector indices closing red

The Nepalese Stock Exchange (NEPSE) experienced a decline today, with the index closing at 1,850.61, a decrease of 1.02% or 19.12 points from the previous trading day’s closing. The index had gained 12.73 points yesterday but suffered a loss today. The trading day opened at 1,870.41, and the intraday high was 1,872.22, while the intraday […]

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Modi Energy Limited's IPO oversubscribed by 2.14 times; Issue to close today 15
IPO | FPO

Modi Energy Limited’s IPO oversubscribed by 2.14 times; Issue to close today

Modi Energy Limited is wrapping up its IPO issuance of 55,59,420 unit shares worth Rs. 100 each to the general public from today i.e. May 7, 2023. The issue was opened on May 1, 2023. However, the IPO issue is already oversubscribed by 2.14 times so far as 1,062,761 applicants have applied for a total […]

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NEPSE index gains 0.69% with all sector indices closing green 17
NEPSE NEWS

NEPSE index gains 0.69% with all sector indices closing green

The Nepal Stock Exchange (NEPSE) index gained 12.73 points today, closing at 1,869.73, which is a 0.69% increase from the last trading day. The index had a low of 1,846.67 and a high of 1,875.26 during the day, opening at 1,856.97. The trading volume was 276 scrips traded via 20,655 transactions, with a total of […]

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Nepal Investment Mega Bank to issue Rs 4 arba worth Debenture with 10% interest rate 19
Business | Market | Economy

Nepal Investment Mega Bank to issue Rs 4 arba worth Debenture with 10% interest rate

Nepal Investment Mega Bank has decided to issue debentures worth Rs. 4 arba, and they have chosen Prabhu Capital as the issue manager for this process. The debentures will be offered to the general public as well as institutional investors. The duration of the debenture is for ten years and it will provide a 10% […]

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