Limited

City Hotel Limited Concludes IPO Allotment, Oversubscribed by 8.72 Times 1
IPO | FPO

City Hotel Limited Concludes IPO Allotment, Oversubscribed by 8.72 Times

City Hotel Limited has successfully concluded the initial public offering (IPO) allotment process at Hyatt Place in Soalteemode, Kathmandu. The company had offered 13,55,940 units of shares with a total value of Rs. 13.55 crores to the general public from Baisakh 25 to 28, 2080. Out of the total 16,74,000 units, 10% (1,67,400 units) were […]

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Liberty Energy Company Limited Reports Net Loss in Q3 3
Business | Market | Economy

Liberty Energy Company Limited Reports Net Loss in Q3

Liberty Energy Company Limited (LEC) has released its third-quarter report for the fiscal year 2079/80, revealing a net loss of Rs. 7.99 crores. In the corresponding quarter of the previous fiscal year, the company had incurred a loss of Rs. 1.99 crores. The financial expense for LEC amounted to Rs. 14.17 crores, which the company […]

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SAHAS Urja Limited Reports Reduced Net Profit in Q3 5
Business | Market | Economy

SAHAS Urja Limited Reports Reduced Net Profit in Q3

Sahas Urja Limited (SAHAS) has released its revised third-quarter report for the fiscal year 2079/80. The company’s net profit for this quarter has decreased to Rs. 26.51 crores compared to Rs. 58.13 crores in the same quarter of the previous fiscal year. SAHAS has generated revenue of Rs. 21.80 crores from the sale of electricity. […]

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Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) Reports Net Loss in Third-Quarter Results, Highlighting Financial Challenges 7
Business | Market | Economy

Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) Reports Net Loss in Third-Quarter Results, Highlighting Financial Challenges

Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has recently released its third-quarter report, revealing a significant shift from profit to a Net Loss of Rs. 1.21 crores compared to the profit of Rs. 1.02 crores earned in the corresponding quarter of the previous fiscal year. The company’s core revenue source, Net Interest income, experienced a decline […]

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Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results, Showing Strong Financial Performance 9
Business | Market | Economy

Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results, Showing Strong Financial Performance

Salt Trading Corporation Limited (STC) has recently published its third-quarter report for the ongoing fiscal year, revealing a nearly twofold increase in Net Profit, amounting to Rs. 3.71 crores. The company’s primary revenue source, sales, demonstrated a noteworthy growth of 17.44%, reaching Rs. 5.77 Arba. However, the selling expenses experienced a more significant surge of […]

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Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results 11
Business | Market | Economy

Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results

Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has recently distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company encouraged its shareholders to dematerialize their shares in order to receive the bonus shares smoothly. During the 6th Annual General Meeting held on the 11th of Chaitra, the shareholders of SMFBS approved a […]

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Listing of 41,840,000 Shares of Sanima Reliance Life Insurance Limited (SRLI) on NEPSE 13
NEPSE NEWS

Listing of 41,840,000 Shares of Sanima Reliance Life Insurance Limited (SRLI) on NEPSE

Sanima Reliance Life Insurance Limited (SRLI) has recently listed 41,840,000 shares on the Nepal Stock Exchange (NEPSE) following a successful merger between Reliance Life Insurance Limited (RLI) and Sanima Life Insurance Company Limited (SLI). The merger agreement between SLI and RLI was signed on 29th Ashad, 2079. Under the terms of the merger, the swap […]

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Listing of 11,15,733.6648 Unit Bonus Shares of Miteri Development Bank Limited on NEPSE 15
NEPSE NEWS

Listing of 11,15,733.6648 Unit Bonus Shares of Miteri Development Bank Limited on NEPSE

Miteri Development Bank Limited (MDB) has recently listed 11,15,733.6648 unit bonus shares on the Nepal Stock Exchange (NEPSE). This listing comes after the company’s 17th Annual General Meeting held on 27th Poush, where the shareholders approved a 13% dividend for the fiscal year 2078/79. During the 224th board of directors meeting on Mangsir 19, 2079, […]

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NEPSE Index Gains 1.28% as SHIVAM CEMENTS LTD Tops Trading, Aatmanirbhar Laghubitta Bittiya Sanstha Limited Hits Positive Circuit 17
NEPSE NEWS

NEPSE Index Gains 1.28% as SHIVAM CEMENTS LTD Tops Trading, Aatmanirbhar Laghubitta Bittiya Sanstha Limited Hits Positive Circuit

The NEPSE (Nepal Stock Exchange) index concluded today’s trading session at 1,845.01, showing a gain of 23.39 points compared to the previous closing, representing a 1.28% increase. The index had also experienced a gain of 3.29 points in the preceding trading session. Starting the day at 1,821.54, the index reached an intraday low of 1,821.02 […]

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Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District 19
IPO | FPO

Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District

Rawa Energy Development Limited has successfully completed the allotment of IPO (Initial Public Offering) shares to project-affected locals of the Khotang District. The allotment program concluded on 1st Jestha, 2080. The company’s total issued capital is Rs. 28 Crores, out of which 10%, equivalent to 2,80,000 unit shares worth Rs. 2.8 crores, were specifically allocated […]

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