Tag: Issue

  • Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares

    Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares


     

    Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public.

    The Electricity Regulatory Commission (ERC) has approved the distribution of right shares in a 1:1 ratio. The company proposed issuing right shares in a 1:2 ratio, or 200% of the company’s paid-up capital, at the board of directors meeting on Poush 05. The same agenda was approved at the company’s 22nd AGM, but it was subject to ERC approval. However, the board has now approved the issuance of the right shares in a 1:1 or 100% ratio rather than 1:2 or 200%.

     

  • “Siddhartha Investment Growth Scheme 3” Public Offering

    “Siddhartha Investment Growth Scheme 3” Public Offering


    Siddhartha Capital Limited is launching the closed-end mutual fund scheme “Siddhartha Investment Growth Scheme 3” today, on the 26th Chaitra, and will close on the 29th Chaitra, 2079. If the issue is not fully subscribed by the early closing date, it may be extended until Baisakh 10.

    10%, or 1.2 crore units worth Rs. 12 crores, have been allocated to the fund promoter Siddhartha Bank Limited, while 5%, or 60 lakh units, have been allocated to the fund manager Siddhartha Capital. As a result, the remaining 10.20 crore units will be made available to the gen

     

  • From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.

    From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.


     

    Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early closing date is on 7th Baisakh, and if it is not fully subscribed, it can be extended until 19th Baisakh, 2080.

  • The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

    The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.


     

    One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in capital.

    SEBON’s revised Securities Market Operation Regulations 2064 and Securities Dealers Regulations 2064 begin the process of awarding new licenses. On Ashwin 2, 2079, the Securities Board issued a notice with a 30-day deadline to carry it out. As a result, 45 companies applied for stock broker licenses, while only one company applied for stock dealer license. Throughout the seven months

     

  • Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.


    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    According to regulatory guidelines, the 93rd meeting of the board of directors of Chhyangdi Hydropower Company Ltd (CHL) convened on Tuesday Chaitra 21, 2079 agreed to issue 100% right shares on a paid-up capital of Rs. 38.67 Crores.

    Earlier, the business sought to issue right shares in the ratio of 150% of the paid-up capital, i.e. 1:1.5, after gaining regulatory permission. Yet, the decision was submitted for approval at the company’s annual general meeting.

  • “7.5% Urja Rinpatra 2089 Everest Bank Ltd” ” Now Available in NEPSE

    “7.5% Urja Rinpatra 2089 Everest Bank Ltd” ” Now Available in NEPSE


    NEPSE has listed 746,830 units of “7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089.”

    From the 25th Poush to the 09th Magh of 2079, Everest Bank Limited (EBL) issued 20,00,000 units of “7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089.”

    From the overall offer of 20 lakh units, 12 lakh units were subscribed through private placement, while the remaining 8 lakh units worth Rs. 80 crores were open for public issue, with 5% reserved for mutual funds.

    As the name implies, the “7.5% Everest Bank Limited Urja Rinpatra (Energy Bond) 2089” would provide unit holders with 7.5% yearly yields till maturity, which is in the year 2089 BS (10 years).

  • SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).

    SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).


     

    The Securities Exchange Board of Nepal (SEBON) has approved Three Star Hydropower Limited’s proposed initial public offering (IPO) on Chaitra 17.

    The company will now issue 1,231,250 equity shares with NPR 100 par value each. The issue is worth Rs. 12.31 crore. This is equivalent to 25% of the company’s issued capital. After the IPO, the company’s total paid-up capital would be Rs 49.25 crores.

     

  • NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.

    NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.


    NMB Bank Limited (NMB) is releasing 40,00,000 units of “10.75% NMB Debenture 2089/90″ to the general public and institutions today, Chaitra 21st.

     

    The debenture, which has a maturity period of 10 years and a coupon rate of 10.75%, is available for application from today to the 24th Chaitra, 2079. 
    If the issue is not fully subscribed, the deadline can be pushed back to Baisakh 5, 2080.

     

  • Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed

    Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed


     

    Modi Energy Limited has distributed IPO shares to Parbat District residents affected by the project. The allotment program came to an end on Chaitra 19, 2079.

    From the 25th Falgun to the 16th Chaitra, 2079, the company issued 29,00,000 unit IPO shares, representing 10% of the issued capital of Rs. 2.9 Arba, to project-affected residents of Parbat District. Locals could apply for a minimum of 10 shares and a maximum of 1000 shares.

     

  • Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.

    Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.


    Dolti Power Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 28th Chaitra of 2079, the company will issue 12,71,861 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.71 crore for the company. This issue’s early closing date is the 3rd Baisakh, and if it is still not fully subscribed, it can be extended until the 12th Baisakh, 2080.

     

  • Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today

    Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today


     

    Ingwa Hydropower Limited is completing the distribution of 6,00,000 units of IPO shares to project-affected locals today, Chaitra 20, 2079. The problem had begun on the 21st of Falgun, 2079.

    The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares worth Rs. 6 crores, have been allocated to project-affected Taplejung District residents. Meanwhile, 20% of the company’s issued capital, or 12,00,000 unit shares, will be made available to the general public later. This public issue, which closed on the 5th Chaitra, allocated 10% of the shares totaling 120,000 units to Nepalese citizens working abroad.

  • On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.

    On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.


    Dolti Power Company Limited has distributed IPO shares to Dailekh District residents affected by the project. The allotment program came to an end on Chaitra 20, 2079.

    The company’s issued capital is Rs. 53.64 crores, of which 10%, or 536,486 unit shares worth Rs. 5.36 crores, were allocated to project-affected Dailekh District residents. Meanwhile, 20% of the company’s issued capital, or 10,72,972 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 107,298 units, were reserved for Nepalese citizens working abroad. The problem had begun on the 8th of Falgun, 2079.