Tag: ipo

  • NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity

    NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity


    The Nepal Stock Exchange (NEPSE) Index experienced a positive movement today, registering a gain of 1.13% or 22.75 points, reaching a closing value of 2,026.81 points. This follows a slight downturn of 2.73 points in the preceding trading session. The day began with an opening value of 2,009.05, and throughout the trading period, the index fluctuated, hitting an intraday high of 2,026.82 and a low of 2,000.36.

    Trading activity was vibrant, witnessing transactions involving 311 different stocks across 64,221 transactions. The total volume of shares exchanged amounted to 11,210,102, translating to a turnover of Rs. 4.25 Arba. The market capitalization concluded at Rs. 32.13 Kharba, with a float market capitalization of Rs. 10.84 Kharba.

    Nepal Reinsurance Company Limited Promoter Share (NRICP) took the spotlight of the day, generating a turnover of Rs. 95.20 Crore and closing at a market price of Rs. 281.00. Additionally, five companies experienced positive circuit trends.

    On the downside, Taragaon Regency Hotel Limited (TRH) encountered a setback, experiencing a decline of 10% to close at Rs. 792.00.

    In terms of sector performance, two sector indices concluded in negative territory. The “Finance Index” led the gains with a notable increase of 5.95%. However, the “Hotels And Tourism Index” saw a slight decline of 0.08%.

  • Whooping 12k+ Profit! 69.46% returns for lucky IPO holders!!

    Whooping 12k+ Profit! 69.46% returns for lucky IPO holders!!


    Sarbottam ko ipo holders khusi xan hola! Ek dinmai yetro badhya xa!

    Sarbottam ko list vaye sangai, aja nepse ma trade garna suru vayo! Rs. 360.9 ma vareko, Rs. 611.6 LTP. Yetikai 12k profit! It's estimated to go even higher!

    What do you say? Mathi jala tww? To be more blunt – 1k hit hanxa tww? Ki initial ma matra ghorai rww shivam jatikai ma jharxa?

    Source: https://sharenewsnepal.com/sarbottam-cement-opening-price/

    View on r/NepalStock by itslakha_

  • Sarbootam cement IPO does an institutional investor get their IPO on hold for 6 months just like a mutual fund

    Sarbootam cement IPO does an institutional investor get their IPO on hold for 6 months just like a mutual fund


    Recently SEBON came up with an initiative that does not allow mutual funds to sell IPOs for 6 six-month period, does this rule apply to institutional investor who holds 24 lakh kitta of sarbottam cement??? If those 24lakhs kitta is on hold for 6 months we could see some more uptrend.

    View on r/NepalStock by KM-2058_01_01

  • SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE

    SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE


    Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has recently listed a whopping 47,47,555.941 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 22nd Annual General Meeting (AGM) held on 29th Poush, 2080.

    During the AGM, SKBBL’s shareholders were delighted to hear about the approval of a generous 15% dividend for the fiscal year 2079/80. This dividend included 14.25% bonus shares and 0.75% cash dividend (inclusive of tax), showcasing SKBBL’s commitment to rewarding its investors.

    The newly listed bonus shares are now available for trading on NEPSE, providing shareholders and potential investors with enhanced opportunities for investment and growth. As of the latest update, SKBBL’s closing price stands at Rs. 822.00, reflecting positive market sentiment and investor confidence in the company’s performance.

    This listing of bonus shares on NEPSE not only benefits existing shareholders by increasing the value of their investments but also attracts new investors looking for promising opportunities in the financial market. SKBBL’s strong financial standing and strategic decisions continue to position the company as a reliable and attractive investment option in Nepal’s growing economy.

    Stay tuned for more updates on financial news and market trends as we continue to bring you the latest developments shaping the investment landscape.

  • Reliable Nepal Life Insurance (RNLI) Lists 64,00,000 Unit Bonus Shares on NEPSE

    Reliable Nepal Life Insurance (RNLI) Lists 64,00,000 Unit Bonus Shares on NEPSE


    Today, we are excited to share the recent listing of 64,00,000 unit bonus shares of Reliable Nepal Life Insurance Limited (RNLI) on the Nepal Stock Exchange (NEPSE). This development comes after RNLI’s successful 7th annual general meeting held on 29th Magh, 2080, where a significant dividend was endorsed for the fiscal year 2079/80.

    During the annual general meeting, RNLI’s board of directors approved a generous 16.84% dividend for the fiscal year, demonstrating the company’s commitment to rewarding its shareholders. The decision was made during the 126th board of directors meeting on Poush 24, where it was decided to distribute the dividend on the paid-up capital of Rs. 4 Arba. This distribution included 16% bonus shares valued at Rs. 64 crore and 0.84% cash dividend amounting to Rs. 3.36 crore.

    Following this announcement, the same bonus shares have now been officially listed on NEPSE, providing shareholders with increased liquidity and investment opportunities. As of the latest update, RNLI’s Last Traded Price (LTP) stands at Rs. 437.60, reflecting positive market sentiment and investor confidence in the company’s performance and future prospects.

    This listing of bonus shares on NEPSE not only benefits existing shareholders by enhancing the value of their investments but also attracts potential investors looking for promising opportunities in the insurance sector. RNLI’s strong financial performance and strategic decision-making continue to position the company as a reliable and lucrative investment option in Nepal’s dynamic market.

    Stay tuned for more updates on financial news and market trends as we continue to bring you the latest developments shaping the investment landscape.

  • IPO nikalna kati kitta samma painxa ani kasari decide garinxa

    IPO nikalna kati kitta samma painxa ani kasari decide garinxa


    Company lai IPO ma nikalna lagda yeti no. of shares issue garnu parxa vanera kasari decide garxan ra yo decision kasle linxa? Kun aadhar ma public lai certain number of shares distribute garinxa? Please someone educate me on this matter. 🙏

    Let's say, hypothetically, that my Hydropower company is in process of issuing an IPO.

    Project cost = 1 arba 73 crore

    Equity: 25% stake = 44 crore

    Kati No. of shares nikalna milxa?

    View on r/NepalStock by PhoenixRising656

  • Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview

    Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview


    Nepal Rastra Bank (NRB) has presented a comprehensive overview of Nepal’s current macroeconomic and financial status based on data from the first eight months ending mid-March 2023/24.

    Inflation and Trade

    • Year-on-year inflation remained stable at 4.82%.
    • Gross foreign exchange reserves reached USD 14.14 billion.
    • Total imports decreased by 2.7%, exports by 4.0%, and trade deficit by 2.5%.
    • Concessional loans extended to various sectors totaled Rs. 149.30 billion.
    • NEPSE index rose to 2108.73 from 1953.06 a year ago.

    Inflation Trends

    • Consumer price inflation moderated to 4.82%, down from 7.44%.
    • Wholesale price inflation decreased to 3.69%.
    • Merchandise exports fell by 4.0%, while imports decreased by 2.7%.
    • Remittance inflows increased by 21.0%.

    Foreign Exchange and Reserves

    • Gross foreign exchange reserves grew by 21.7% to Rs. 1872.82 billion.
    • Reserves-to-imports ratio improved to 103.1%.
    • Exchange rate depreciated by 0.73% against the USD.
    • Government expenditure increased by 2.9% to Rs. 801.58 billion.
    • Revenue mobilization rose by 9.7% to Rs. 639.05 billion.

    Banking and Credit

    • Domestic credit and claims on the private sector increased by 4.0% and 5.6% respectively.
    • Deposits at BFIs expanded by 7.6% to Rs. 435.87 billion.
    • Average base rates for commercial banks stood at 8.77%.

    Balance of Payments

    • Balance of Payments remained in surplus at Rs. 327.55 billion.

    Overall, Nepal’s economy shows resilience and positive growth indicators amidst global economic fluctuations.

  • Gold Prices in Nepal Experience a Dip: Rs. 1,000 Decrease per Tola, Silver Follows Suit with a Rs. 20 Fall

    Gold Prices in Nepal Experience a Dip: Rs. 1,000 Decrease per Tola, Silver Follows Suit with a Rs. 20 Fall


    The current market for fine gold has witnessed a notable decrease, with the price dropping by Rs. 1,000 per tola. According to the latest information from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the present trading value for fine gold is Rs. 1,25,000 per tola. This reflects a reduction of Rs. 1,000 from the closing rate reported yesterday, which stood at Rs. 1,26,000 per tola.

    Notably, on March 10, 2024, fine gold had reached an unprecedented peak at Rs. 1,26,000 per tola, marking a historic milestone in the market. However, the recent decrease indicates a shift in the pricing trend.

    Similarly, Tejabi gold is currently priced at Rs. 1,24,400 per tola, showcasing a decrease of Rs. 1,000 compared to the closing price of Rs. 1,25,400 per tola reported yesterday.

    In addition to the changes in gold prices, the price of silver has also experienced a decline. The current market rate for silver is Rs. 1,465 per tola, reflecting a decrease of Rs. 20 compared to yesterday’s closing rate of Rs. 1,485 per tola.

  • Nepal Investment Mega Bank Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Shareholders

    Nepal Investment Mega Bank Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Shareholders


    The current promoter of Nepal Investment Mega Bank Limited (NIMB) has initiated the auction of 2,55,741 units of shares, exclusively targeting existing promoter shareholders, starting from today, the 30th of Falgun, 2080.

    In this auction process, only the existing promoters of NIMB are eligible to participate in the bidding, and they have a window of 35 days from the date of the notice publication, concluding on the 30th of Falgun, to submit their bids.

    All interested shareholders are required to submit their bids at the central office of the bank, conveniently located in Lazimpat, Kathmandu. It’s noteworthy that if no bids are received from existing founder shareholders within the specified timeframe, the shares will subsequently be made available for auction to the general public.

    As of the latest update, NIMB is listed with a Last Traded Price (LTP) of Rs. 172.90. Simultaneously, NIMBPO, another class of shares associated with the bank, closed at Rs. 140.10. These market values provide insight into the current financial standing and investor sentiment surrounding Nepal Investment Mega Bank Limited and its associated securities.

  • NEPSE Index Reports Slight Dip Amidst Mixed Sector Performance: Key Highlights from Today’s Trading

    NEPSE Index Reports Slight Dip Amidst Mixed Sector Performance: Key Highlights from Today’s Trading


    The Nepal Stock Exchange (NEPSE) Index closed with a marginal loss of 2.48 points or 0.11% compared to the previous day’s closing, settling at 2,108.72 points, following a notable gain of 58.58 points in the preceding trading session.

    Trading activities commenced with the index opening at 2,123.91, touching an intraday low of 2,093.89, and reaching an intraday high of 2,124.08, with the latter serving as the closing figure for the day.

    Throughout today’s trading, a total of 310 different stocks were exchanged through 73,506 transactions. The volume of shares traded amounted to 10,889,634 with a total turnover of Rs. 4.24 Arba. Market capitalization stood at Rs. 33.14 Kharba, with a float market capitalization of Rs. 11.28 Kharba.

    SHIVAM CEMENTS LTD (SHIVM) led in terms of turnover, reaching Rs. 25.53 crores and closing at a market price of Rs. 548.10.

    Notably, Wean Nepal Laghubitta Bittiya Sanstha Limited (WNLB) emerged as the top performer, exhibiting the highest gain of 9.99%, closely followed by Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) with a gain of 9.58%. Conversely, Upper Tamakoshi Hydropower Ltd (UPPER) experienced the highest loss, totaling 10%.

    In sector indices, all six sector indices closed in positive territory today. The “Finance Index” recorded the highest gain of 2.32%, while the “Hotels And Tourism Index” witnessed a loss of 1.14%. This mixed performance across sectors reflects the varied market sentiment and activity observed during the trading session.

  • 3,25,000 Promoter Shares of Miteri Development Bank In Auction From Today

    3,25,000 Promoter Shares of Miteri Development Bank In Auction From Today


    Miteri Development Bank Limited (MDB) is currently undergoing a significant development as its existing promoter, Sunil Shrestha, has initiated the auction of 3,25,000 units of shares exclusively to existing promoter shareholders starting from today, the 29th of Falgun, 2080.

    In this offering, Sunil Shrestha aims to sell the specified number of promoter shares to the existing promoter shareholders, and only individuals falling under this category are eligible to participate in the bidding process. The auction window extends for a period of 35 days from the date of the notice publication, concluding on the 29th of Falgun.

    Interested shareholders are required to submit their bids either at the central office of Miteri Development Bank Limited, situated at Mahendrapath, Dharan, or at Prabhu Capital Limited, located in Kamaladi, Kathmandu. It’s important to note that if no bids are received from existing founder shareholders within the stipulated timeframe, the shares will subsequently be made available for auction to the general public.

    As of the current update, MDB is listed with a Last Traded Price (LTP) of Rs. 397.10. Simultaneously, MDBPO, another class of shares associated with the bank, has an LTP of Rs. 217.00. These market values provide a snapshot of the current financial standing and investor sentiment surrounding Miteri Development Bank Limited and its associated securities.

  • NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension

    NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension


    The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In accordance with Section 9 (3) of the Merger and Acquisition Directive 2079 Act, the Nepal Stock Exchange (NEPSE) has issued a circular, officially suspending share transactions of the company as outlined in Section 9 (3) of the Directory 2079.

    The merger agreement between NLBBL and MMFDB, sealed at a swap ratio of 1:1, has determined the formation of a new entity named “Nerude Mirmire Laghubitta Bittiya Sanstha Limited.” This new company is slated to commence joint operations on Falgun 30, marking the beginning of a consolidated business approach.

    Currently, NLBBL holds a paid-up capital of Rs. 73.20 Crores, while MMFDB’s paid-up capital stands at Rs. 66.57 Crores. The merger signifies a strategic combination of financial strengths and resources from both entities, aiming to enhance their overall market position and operational capabilities.

    In the current scenario, NLBBL and MMFDB are valued at Rs. 595.00 and Rs. 580.00, respectively, based on their Last Traded Prices (LTP). This reflects the market’s anticipation and response to the forthcoming merger, showcasing potential implications for the stock values of the involved entities.