Tag: Making

  • Making a bank service faster for yourselves

    Making a bank service faster for yourselves


    I have filled out forms to change my frozen demat shares to free share. They are saying it may take 1-2 days. Is there a way to make them complete this process faster?

    View on r/NepalStock by mr-octopusZ

  • SHL. Making the top turnovers and gains like every other day ???????

    SHL. Making the top turnovers and gains like every other day ???????


    What’s up with Soaltee hotel’s scrip ? Every day I see them making huge turnovers and price hikes. Seems like a good deal but on the other hand might get scammed lol

    View on r/NepalStock by Maximum-Chemist1930

  • Another day of thanking god for not making me a Hydro Holder.

    Another day of thanking god for not making me a Hydro Holder.


    .

    View on r/NepalStock by LordDurge

  • Making sense of NEPSE turnover !?

    Making sense of NEPSE turnover !?


    Hey folks! I want to ask, what kind of information do you usually extract from NEPSE turnover?

    View on r/NepalStock by [deleted]

  • “Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”

    “Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”


    The Nepal Rastra Bank (NRB) is preparing to announce the monetary policy for the ongoing fiscal year 2080-81, which is expected to be publicized by the end of the first week of Shrawan. Narayan Prasad Pokhrel, the Deputy Spokesperson and Information Officer of NRB, revealed in a phone conversation with Sharesansar that the central bank has devised internal procedures to ensure the monetary policy is made public by Shrawan 07, which falls on the upcoming Sunday.

    Narayan Prasad Pokhrel stated, “The internal procedures of the Nepal Rastra Bank have been designed in a way that allows for the monetary policy to be publicized by Shrawan 07.” This indicates that the necessary steps and protocols have been put in place within the central bank to ensure the timely release of the monetary policy.

    In related news, Governor Maha Prasad Adhikari of NRB is expected to return to Nepal from his foreign trip on Wednesday. Previously, there were reports that a delegation of 28 members, led by the governor himself, would be traveling to Canada. The purpose of this trip was to engage in discussions with the assessment team of the Financial Action Task Force (FATF) in order to prevent Nepal from being placed on the “grey list” for money laundering.

    The announcement of the monetary policy by the NRB is an important event that will have implications for the fiscal year 2080-81 in Nepal. It is expected that Governor Maha Prasad Adhikari’s return from his foreign trip will coincide with the release of the monetary policy, indicating that the central bank is actively addressing both domestic and international financial matters.

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

    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 ratio was set at 1:1. Prior to the merger, SLI had a total of 20,840,000 listed shares, while RLI had 21,000,000 listed shares, resulting in a combined total of 41,840,000 unit shares after the merger.

    After the merger, SLI and RLI began operating jointly under the name Sanima Reliance Life Insurance Limited (SRLI) starting from Chaitra 09, 2079. Consequently, the listed shares of SRLI will be traded on the NEPSE under the symbol “SRLI.”

    For the initial transactions, the open price range for SRLI shares has been set at Rs. 391.88. This range represents the price at which the first trades of SRLI shares will take place on the NEPSE. It is important to note that the actual traded prices may vary based on market conditions and investor demand.

    The listing of 41,840,000 shares of Sanima Reliance Life Insurance Limited on the NEPSE marks a significant milestone in the merger between SLI and RLI. It signifies the consolidation of their operations and the creation of a unified entity that will provide insurance services under the SRLI brand. Investors and shareholders can now actively participate in trading SRLI shares, leveraging the opportunities and potential offered by the merged company in the insurance sector.

  • NEPSE Index Records Weekly Loss

    NEPSE Index Records Weekly Loss


    The NEPSE Index, the stock market index of Nepal, concluded the week at a level of 1,838.59, representing a loss of 31.14 points or 1.67%. This decrease follows a similar 1.67% decline from the previous week when the index closed at 1,869.73.

    Throughout the week, the index displayed volatility, with a high of 1,872.22 and a low of 1,825.83. This indicates a range of 37.68 points, which is slightly lower than the 46.39 points of volatility observed in the previous week.

    Analyzing the trend data on daily charts, it is evident that both the short-term and mid-term trends are downward. Each day, the index has been making lower lows, indicating a bearish market sentiment prevailing in the market.

    On Tuesday, there was a notable intraday gain of 10.67 points, accompanied by a turnover of Rs 0.77 Arba. However, the total turnover for the week amounted to Rs 3.25 Arba, indicating moderate trading activity.

    Overall, the NEPSE Index experienced a downward trend during the week, characterized by volatility and declining values. Investors witnessed a bearish market sentiment with the index consistently making lower lows.

  • Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced

    Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced


    The IPO allotment of Modi Energy Limited has been successfully completed at the premises of Sunrise Capital Limited in Kathmandu. The company had issued 55,59,420 units worth Rs. 55.59 crores as Initial Public Offering (IPO) to the general public from Baisakh 19 to 24, 2080.

    Prior to the IPO, the company had allocated 29,00,000 unit shares worth Rs. 29 crores to project-affected locals in Parbat District. However, only 804,390 units or 27.73% were allotted to valid applicants. As a result, the remaining 20,95,610 units of unsubscribed shares from project-affected locals were added to 43,50,000 units reserved for the general public, making a total of 64,45,610 units available to the public.

    Out of the total 64,45,610 units, 435,000 units were already issued and allotted to Nepalese citizens working abroad. Additionally, 5% of the offered shares, equivalent to 322,280 units, were reserved for mutual funds, and 2% or 128,910 units were set aside for employees of the company. The remaining 55,59,420 units were allocated to the general public. Some unsubscribed units from employees, totaling 52,840 units, were added to the general public pool, resulting in a total of 56,12,260 units.

    Promoter shareholders hold 75% of the shares in the company, while the general public and other allocated categories hold the remaining shares.

    The IPO received a tremendous response, with 12,29,741 valid applicants applying for a total of 13,401,080 units, oversubscribing the issue by more than 2.41 times.

    Under the allotment module, a total of 5,61,226 applicants were allotted 10 units each through a lottery, while the remaining 6,68,515 applicants were not successful in securing any shares.

    Furthermore, 322,280 units were allocated to mutual funds, and out of the 128,910 units set aside for employees, only 76,070 units were subscribed and allotted. The remaining 52,840 units from the employee category were added to the general public pool.

    Unfortunately, 6,528 applicants who applied for 102,950 units were disqualified during the allotment process.

    Overall, the IPO allotment process has been completed, and successful applicants have been notified of their allotted shares.