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IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each
Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for […]
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Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2
The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter. This quarter’s net profit decreased as a result of a fall in sales income and […]
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On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.
On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal. From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 […]
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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 […]
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Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger
Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) has scheduled its 5th Annual General Meeting for 30th Falgun, 2079. The meeting will begin at 11 a.m. that day at the Gautam Village Resort in Banepa. Among the other items on the agenda, the AGM will approve a 21.05% dividend of Rs. 43.57 lakhs for fiscal year […]
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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 […]
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JBLB proposes a 37.368% dividend for fiscal year 2078/79.
For the fiscal year 2078/79, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has proposed a dividend of 37.3684%. The 72nd meeting of the board of directors, held on Falgun 06, decided to distribute a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares have been proposed. […]
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Price of Gold Surged by Rs 700 Per Tola; Trading Today at Rs 103,200
Today’s gold price has risen by Rs. 700 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 103,200 per tola. Yesterday, the rate remained unchanged at Rs. 102,500 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 102,700. In contrast, the […]
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NEPSE drops another 23.60 points to 2,046.81.
The NEPSE index closed today at 2,046.81, a decrease of 23.60 points from the previous trading day’s close. This represents a 1.14% decrease. The following are the results of the survey. Today, the index opened at 2,069.67 and reached an intraday high of 2,069.78. It fell as low as 2,040.18 before
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Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%
Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has announced the book closure date for its 21.052632% dividend worth Rs. 29.21 crores for fiscal year 2078/79 and has scheduled the 21st Annual General Meeting for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, Chitwan. Among the other items on the […]
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