Tag: may

  • From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions.

    From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions.


    The existing promoters of Prime Commercial Bank Limited are auctioning off 9,00,000 units of promoter shares to the general public from the 21st Chaitra to the 29th Chaitra, 2079.

    A total of 9,00,000 promoter shares will be auctioned off. Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 130. The promoters’ shares have a minimum bid quantity of 1000 units. Although bidders may bid for the entire issue, they must follow the Nepal Rastra Bank’s rule of not exceeding the specified number of shares per entity.

     

  • From Chaitra 19, Makar Jitumaya Suri Hydropower Company will issue 1,337,302 unit IPO shares to the general public.

    From Chaitra 19, Makar Jitumaya Suri Hydropower Company will issue 1,337,302 unit IPO shares to the general public.


     

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

    From the 19th Chaitra of 2079, the company will issue 1,337,302 unit shares with a face value of Rs 100. The company expects to earn Rs 13.37 crore from this IPO. This issue’s early closing date is 22nd Chaitra, and if it is not fully subscribed, it can be extended until 3rd Baisakh, 2080. Makar Jitumaya Suri Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 19th Chaitra of 2079, the company will issue 1,337,302 unit shares with a face value of Rs 100. The company expects to earn Rs 13.37 crore from this IPO.

  • 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.

     

  • 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.

     

  • The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06

    The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06


    The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL).

    KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, 2079. Nevertheless, because the auction organizer received insufficient applications, the sale has been extended until Chaitra 6.

    Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. 119. The promoters’ shares have a minimum bid quantity of 10,000 units. Although bidders may bid for the full issue, they must follow the Nepal Rastra Bank’s guideline not to bid more than once.

  • Modi Energy will begin selling IPO shares to Parbat District residents and Nepalese working abroad on February 25.

    Modi Energy will begin selling IPO shares to Parbat District residents and Nepalese working abroad on February 25.


    Modi Energy Limited has published an offer letter to issue an Initial Public Offering (IPO) to Parbat District residents and Nepalese citizens working abroad.

    The initial public offering (IPO) for locals and Nepalese citizens working abroad will begin on the 25th of Falgun and end on the 9th of Chaitra, 2079. It should be noted that if the issue is not subscribed to by the early closing date for Parbat District residents, it may be extended until the 24th Chaitra. However, the early closing date for Nepalese citizens working abroad will not be extended.

     

  • Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.

    Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.


    From now, that is, on 12 Falgun through 26 Falgun, 2079, the current promoters of Prabhu Bank Limited (PRVU) are selling its 46,74,396 unit promoter share at an auction.

    There will be an auction for 46,74,396 units of promoter shares. In an auction, bids may be submitted by institutions, businesses, or individual investors. The minimum bid is Rs. 123. 10,000 units are the required minimum bid amount for promoter shares. Bidders are allowed to offer for the full issue, but they must adhere to the Nepal Rastra Bank’s guideline that they cannot offer for more shares per entity than what is allowed.

    The auction manager is Prabhu Capital Ltd. On Falgun 27, at the auction manager’s location, bids will begin to be accepted at 11 a.m.

  • IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad

    IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad


     

    Bhugol Energy Development Company Limited was formed as a private limited company on February 16, 2009, and was later converted to a public limited company on October 31, 2017, to allow for public participation. The company operates the 3.75-MW Dwari Khola Small Hydropower Project in Nepal’s Dailekh District, Karnali Province. The project began commercial operations on May 6, 2017, ahead of the required COD of June 30, 2017, and was built at a total cost of NPR 734 million (NPR 196 million per MW) with an initial debt-to-equity ratio of 82:18.

  • Bhugol Energy Development Company to Issue IPO Shares

    Bhugol Energy Development Company to Issue IPO Shares


     

    Bhugol Energy Development Company Limited has issued an offer letter to the project-affected residents of Dailekh District and Nepalese citizens working abroad in order to launch an Initial Public Offering (IPO).

    The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 8th to the 25th of Falgun, 2079. It should be noted that if the issue is not subscribed to by the early closing date for Dailekh District residents, it may be extended until the 7th Chaitra. However, the early closing date for Nepalese cit

  • Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15

    Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15


    Makar Jitumaya Suri Hydropower Company Limited is closing the issue of its IPO to the Nepalese citizens working abroad from today i.e. on 29th Magh and has extended the IPO issue deadline for project-affected locals till 15th Falgun, 2079. The issue had opened on 15th Magh, 2079.

    The issued capital of the company is Rs. 76 Crores of which 10% i.e. 7,60,000 unit shares worth Rs. 7.6 crores have been allocated to project-affected locals of Dolakha District. Meanwhile, 20% of the company’s issued capital i.e. 15,20,000 unit shares will be issued later for the general public. Of this public issue, 10% of the shares totaling 152,000 units shares have been allocated for Nepalese citizens working abroad, the issue of which will close today.

     

  • 615,104.47 Unit Shares of Best Finance Company in Falgun 01 Auction

    615,104.47 Unit Shares of Best Finance Company in Falgun 01 Auction


    From the 1st through the 15th of Falgun, 2079, Best Finance Company Limited (BFC) will auction 58,429.90 units of ordinary shares and 556,674.57 units of promoter shares.

    A total of 615,104.47 unit shares will be auctioned, including 58,429.90 ordinary shares and 556,674.57 promoter shares.Previously, from Bhadra 27 to Kartik 14, 2074, the corporation issued 1:1.3 ratio right shares, i.e. 1,652,850.00 units, to its qualified shareholders. The remaining unclaimed right shares will now be auctioned off beginning January 1st.

    The auction is open to all existing promoters, the general public, and institutions. The auction’s minimum bid price is Rs. 100. The minimum bid quantity for promoter shares is 1000 units, whereas the minimum bid quantity for ordinary shares is 100 units. Although bidders may bid for the full issue, they must follow Nepal Rastra Bank’s guideline of not exceeding the specified number of shares per organization.Prabhu Capital has been named auction manager.