Tag: LIC

  • Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad

    Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad


    Makar Jitumaya Suri Hydropower Company Limited has distributed IPO shares to project-affected Dolakha District residents and Nepalese citizens working abroad. The allotment program ended on Chaitra 9, 2079.

    The company’s issued capital is Rs. 76 crores, of which 10%, or 7,60,000 unit shares worth Rs. 7.6 crores, were allocated to project-affected Dolakha District residents (Locals of Gaurisankhar gaupalika and Bigu gaupalika). Meanwhile, 20% of the company’s issued capital, or 15,20,000 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 152,000 units, were reserved for Nepalese citizens working abroad. The issue had begun on the 15th of Magh, 2079.

     

  • Modi Energy IPO closes today for Nepalese working abroad.

    Modi Energy IPO closes today for Nepalese working abroad.


    Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been distributed to project-affected Parbat District residents. Meanwhile, 15% of the company’s outstanding capital, or 43,50,000 unit shares, will be made available to the general public later. This public offering, which will conclude today, has reserved 10% of the shares totalling 435,000 units for Nepali people working overseas.

  • The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.

    The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.


    From today, 9th Chaitra, 2079, Mai Khola Hydropower Limited will close the issue of its IPO to Nepalese citizens working abroad and project-affected locals of Ilam District. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 39.21 crores, of which 10%, or 392,157 unit shares worth Rs. 3.92 crores, have been allocated to project-affected locals in the Ilam District. Meanwhile, 39% of the company’s issued capital, or 15,29,411 unit shares, will be made available to the general public later. This public issue, which will close today, has allocated 10% of the shares totaling 152,941 units to Nepalese citizens working abr

     

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

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


    Menchhiyam Hydropower Limited has completed the distribution of 5,42,583 units of IPO shares to project-affected locals today, 9th Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079.

    The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha District residents. Meanwhile, 20% of the company’s issued capital, or 10,85,167 unit shares, will be made available to the general public later. This public issue, which closed on the 25th of Falgun, allocated 10% of the shares totaling 108,517 units shares to Nepalese citizens wo

     

  • Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public

    Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public


    Sagarmatha Jalbidhyut Company Limited is launching an Initial Public Offering (IPO) of 35,81,760 unit shares to the general public today, 8th Chaitra, 2079. This issue’s early closing date is on the 12th Chaitra, and if it is not fully subscribed, it can be extended until the 22nd Chaitra, 2079.

    Out of the total 43,68,000 units, 10%, or 436,800 units, have already been issued and allotted to Nepalese citizens working abroad, 5%, or 218,400 units, have been set aside for mutual funds, and 3%, or 131,040 units, have been set aside for company employees. The remaining 35,81,760 units will be available to the general public. The company’s pai

     

  • List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

    List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO


    An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding in order to support operations or grow.

    A company that wants to go public typically hires an investment bank to handle the IPO. The investment bank and the company will work together to determine the appropriate stock price and quantity to be distributed. Following that, the company will file a registration statement with the Securities and Exchange Commission (SEC) detailing its finances and other information.

     

  • Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE

    Kalinchowk Darshan and Asian Hydropower IPO Shares Are Finally Listed On NEPSE


    Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • NEPSE will be closed today in observance of Ghode Jatra.

    NEPSE will be closed today in observance of Ghode Jatra.


    The Nepal Stock Exchange (NEPSE), the country’s sole stock market, will be closed today (Chaitra 7, 2079) in observance of Ghode Jatra, a public holiday in Kathmandu valley. Normal trading in NEPSE will resume tomorrow (Chaitra 8, 2079) at 11:00 AM.

    The NEPSE index finished yesterday at 1,949.06, up 22.65 points from the previous trading day’s close.

  • NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.

    NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.


     

    NEPSE has listed 10 million unit IPO shares of Maya Khola Hydropower Company Limited. This includes promoter shares as well as shares issued to the general public and project-affected locals.

    The initial transaction price range is Rs. 88.53 to Rs. 265.59. If the company signs the agreement with NEPSE, the IPO shares will trade in the secondary market the following day.

     

  • Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.

    Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.


    Citizen Life Insurance Company Limited’s Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval.

    The company intends to distribute 11,250,000 unit shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price of Rs. 290 per share (Rs 100 face value + Rs 190 premium price). The company will raise a total of Rs. 3,155,625,000 through the IPO.

     

  • Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas

    Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas


    Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi.

    Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On March 10, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 32 crores. The proposal is for 20% bonus shares worth Rs. 6.40 crores and 1.0526% cash dividend (for tax purposes) worth slightly more than Rs. 33.68 lakhs. The meeting will consider converting a maximum of 10% of the promoter shares to public shares so that the company’s promoter shares do not expire.

     

  • Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.

    Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.


    Kantipur Television (KTV) is a private television station based in Kathmandu, Nepal. Kailash Sirohiya is the chairman and managing director. KTV, which debuted in July 2002, is licensed for both terrestrial and satellite transmission. Tinkune is the headquarters of Kantipur Television. On the 17th Chaitra, 2079, Kantipur Television Network Limited will hold its Special General Meeting (SGM). The meeting will begin at 1 PM in the company’s headquarters in Tinkune, Kathmandu.