are these two different companies they have different share prices? can anyone explain?
View on r/NepalStock by bitminer_626
Tag: Limited
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4 New IPO openings in Nepal including Kalinchowk Darshan Limited
Currently, there are 4 IPOs of which only 1 is for the General Public and 3 others are for Project Affected Locals and Foreign Workers.
According to the CDSC report out of available One Lakh Eight Thousand (1,08,000) units for [Kalinchowk Darshan Limited IPO](https://nepalinerd.com/ipo-opening-in-nepal-kalinchowk-darshan-limited/) (Reserved – Foreign Worker), it is already oversubscribed by 5.14 times as of 7th December 2022 | 10:00 am. And the number of applications is only 2158.
So, is it a success? to include Nepali workers abroad participating in IPO?
Current IPO available in Mero Share
1. Barahi Hydropower Public Limited (PUBLIC)
2. Kalinchowk Darshan Limited (RESERVED – FOREIGN EMPLOYMENT)
3. Super Madi Hydropower Ltd. (RESERVED – FOREIGN EMPLOYMENT)
4. [Supermai Hydropower Ltd](https://nepalinerd.com/supermai-hydropower-ipo-open-in-nepal/) (RESERVED – FOREIGN EMPLOYMENT)
5. Trishuli Jalvidhyut Co. Ltd. [RESERVED (Call)]​
[Image credit: nepalinerd.com](https://preview.redd.it/jafikfidef4a1.jpg?width=769&format=pjpg&auto=webp&s=c7dd7a5225b1fb82ced7c168a699a2bcc749109c)
View on r/NepalStock by nepalinerddotcom
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can’t put buy order for Soaltee Hotel Limited
Does anybody has any idea why can’t we buy **Soaltee Hotel Limited (SHL)** less than 100 kitta?
View on r/NepalStock by Pretty_Ad351
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Possible undervalued stocks with limited downside risk
I am aware that Nepse’s value has plummeted from its all-time high over the past few years, and i know that valuing a company is subjective( more of an art than a science). However, I am interested in identifying businesses that are likely to remain over the next decade or more, and that may currently be undervalued or trading within that range. Although I have evaluated several businesses, such as banks, I have found few that meet these criteria, and therefore seek your advice on potential stocks that fit this description.
While I have discovered a few mutual funds trading at discounts and Shivam Cement, I am aware that mutual funds generally trade at a discount in our market, and that Shivam Cement has experienced recent sell-offs by promoters, resulting in a catastrophic decline. However, I am seeking opportunities that offer limited downside risk. I believe that Shivam Cement has strong fundamentals and generates good revenue when the economy is doing well. Furthermore, it has not diluted its shares, which is favorable for creating long-term value for shareholders.
Therefore, If anyone have anyideas regarding stocks please feel free to input your view.
Thanks 🙂
View on r/NepalStock by littlebravestainee
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Modi Energy Limited (MEL) negative circuit on the first day
Looking like this stock will not do well. No buyers even in the lowest circuit.
Or, am I missing something?
View on r/NepalStock by esnyez
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Nepal republic media limited ipo…
NRML ko paisa katisakeo raixa,ipo chai ajhai mero share ma aako xaina,mero matra ho ki aruko ni testai ho?
View on r/NepalStock by sroj727
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NMFBS Promoter Shares Auction Open to General Public and Institutions
The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 62,500 units of shares, starting from today, which is the 29th of Bhadra, and continuing until the 12th of Ashwin, 2080. This auction is open to existing interested promoter shareholders, as well as the general public and institutions.
The auction specifically involves 62,500 units of promoter shares of NMFBS, and eligible participants, including promoter shareholders, the general public, and institutions, can submit their bids. The minimum bid rate for these shares has been set at Rs. 530 per unit, with a requirement that the minimum bid quantity for promoter shares must be 1000 units. However, participants should ensure that their applied units do not exceed the limit set by the Nepal Rastra Bank (NRB).
The auction management responsibilities are being handled by NIMB Ace Capital Limited, and the opening of bids is scheduled to take place at the premises of the auction manager on the 14th of Ashwin, 2080.
As of the current status, NMFBS has a Last Traded Price (LTP) of Rs. 1072, which is relevant information for potential investors considering participation in the auction. This auction provides an opportunity for interested parties to acquire NMFBS promoter shares at the specified terms and conditions.
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NIC Asia Bank Declares 30.5% Dividend After Two-Year Hiatus
NIC Asia Bank Limited (NICA) has made an important financial announcement by declaring a dividend for its investors. The decision was reached during a meeting of the bank’s board of directors on Thursday, the 28th of Bhadra. The dividend distribution plan is based on the profits generated during the financial year 79/80.
Under the proposed dividend plan, NIC Asia Bank intends to allocate a substantial 30.5% of its total paid-up capital to shareholders. This allocation will consist of 29% in the form of bonus shares and 1.5% as cash dividends, which serves the purpose of covering tax obligations.
This announcement marks a significant change in the bank’s dividend distribution policy. NIC Asia Bank had not distributed dividends to its investors for the past two years. Now, they are proposing a 30.5% dividend distribution, demonstrating their commitment to providing returns to their shareholders.
It’s important to note that the actual distribution of the dividend is subject to regulatory approval by the Nepal Rastra Bank and will require ratification at the upcoming general meeting of the company. NIC Asia Bank’s decision to declare dividends aligns with similar moves made by other commercial banks like Machhapuchhre, Everest, and Sanima Bank, all of which have also announced proposed dividends based on the profits of the financial year 79/80.
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Himalayan Capital Allots ‘Himalayan 80-20’ Mutual Fund Scheme
Himalayan Capital Limited, the issue manager for the “Himalayan 80-20” MF scheme’s IPO, has announced the completion of allotment for the 85 million units made available to the general public. Initially, Himalayan Capital had offered 10 million units valued at Rs 1 billion, priced at Rs 10 per unit. Out of this total, 15 percent (15 million units) were reserved for the promoter, Himalayan Bank, while the remaining 85 million units were open to the general public.
The “Himalayan 80-20” plan allocates 80 percent of the capital to long-term investments with compounding returns in the capital and financial market. The remaining 20 percent is actively managed based on market dynamics to maximize returns. This investment strategy is supervised by experienced fund managers at Himalayan Capital Limited.
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EBL Proposes 20.53% Dividend for FY 2079/80
Everest Bank Limited (EBL) has proposed a 20.53% dividend for the fiscal year 2079/80. In their 357th Board of Directors (BODs) meeting on Bhadra 27, they decided to distribute this dividend as a 10.53% cash dividend and a 10% bonus share from their paid-up capital, which is currently at Rs. 10.69 Arba. It’s important to note that the cash dividend already includes the tax amount for the bonus shares. However, this decision is pending approval from the NRB (Nepal Rastra Bank), and it will be finalized in the upcoming AGM (Annual General Meeting) of the bank.
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“Mandu Hydropower Limited IPO Allotment: 1,20,532 Applicants Receive 10 Units Each Through Lottery”
Mandu Hydropower Limited recently offered 12,05,320 IPO shares to the general public at a price of Rs. 206 per share, comprising a face value of Rs. 100 and a premium price of Rs. 106. This offering took place from the 10th to the 13th of Bhadra, 2080.
Initially, the company had allotted 272,730 units of shares to project-affected locals in Lalitpur and Makawanpur Districts. However, only 193,700 units were allocated to eligible applicants, leaving 79,030 units unsubscribed. These unsubscribed shares from the project-affected locals were then combined with 13,63,640 units (10% of the issued capital initially reserved for the general public), resulting in a total of 14,42,670 units available for the general public.
Out of this total, 136,364 units have already been issued and allocated to Nepalese citizens working abroad, while 72,133 units are designated for mutual funds, and 28,853 units are set aside for the company’s employees. The remaining 12,05,320 units are intended for the general public.
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“Nepal Finance Limited’s 40,245 Auctioned Right Shares Now Listed on NEPSE”
Nepal Finance Limited (NFS) recently added 40,245 units of right shares to the Nepal Stock Exchange (NEPSE). NFS had initially offered its existing shareholders a 1:0.70 ratio of right shares between the 6th to 26th Jestha, 2079. However, a substantial portion of these shares, totaling 11,36,716.187 units, remained unsold. To address this, NFS conducted an auction for the unsold shares from the 7th to the 24th Ashad, 2079. Unfortunately, only 40,245 units found buyers in the auction, and these are the shares that are now available for trading on NEPSE. As of the latest trading price (LTP), NFS shares are valued at Rs. 288 each.