Tag: Nepal

  • NEPSE drops another 23.60 points to 2,046.81.

    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

  • Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%

    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 agenda, the AGM will approve a 21.052632% dividend of Rs. 29.21 crores for fiscal year 2078/79. The 325th meeting of the board of directors, held on Poush 25, decided to distribute a dividend

     

  • Following the merger with BOKL, 11.26 crore units of Global IME Bank’s .

    Following the merger with BOKL, 11.26 crore units of Global IME Bank’s .


    Global IME Bank Limited (GBIME) has added 112,614,336 new shares to the NEPSE.

    On 2nd Ashad, 2079, Global IME Bank Limited (GBIME) and Bank of Kathmandu Limited (BOKL) signed a merger agreement and agreed to a 1: 1 share swap ratio for the merger. As a result of the merger, the additional shares are now listed in NEPSE. After the merger, GBIME’s total listed shares were 245,096,261 and BOKL’s were 112,614,337.17, for a total of 357,710,597 unit shares.

     

  • NEPSE has two government bonds listed.

    NEPSE has two government bonds listed.


    Issuing a new notice today, NEPSE has notified of three new government bonds being listed today. The government bonds were issued via Nepal Rastra Bank.

    The securities listed are:

    9.50% Development Bond 2084 ‘Jha’
    8.98% Development Bond 2084 ‘Nya’

     

  • 60% Bonus Shares of Himalayan Distillery (HDL) Now Listed in NEPSE

    60% Bonus Shares of Himalayan Distillery (HDL) Now Listed in NEPSE


     

    91,10,874.93 unit bonus shares of Himalayan Distillery Limited (HDL) have been Listed in NEPSE.

    The 22nd AGM of the company held on 27th Poush, 2079 endorsed a 70% dividend for the fiscal year 2078/79. The bank endorsed a 60% bonus shares worth Rs. 91.10 crores and a 10% cash dividend (including tax) from the paid-up capital of Rs. 1.51 Arba. The same bonus shares are now listed in NEPSE.

     

  • Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion

    Total Deposits Went Up Rs. 14 Billion in End Week of Magh, Lending Risen by Rs. 3 Billion


    The Nepal Bankers’ Association (NBA) has published a comprehensive study on deposit and lending trends in Nepal’s commercial banks. This information is current as of the end of Magh in 2079. Until Falgun 01, the CD ratio was 86.24.

    The total amount of deposits increased by Rs. 14 billion (Arba) in the fourth week of Magh month, reaching Rs. 4741 billion. Deposits totaling Rs. 4630 billion have been made in rupees, with the remaining Rs. 111 billion in foreign currency. The total deposits at the start of Magh were Rs. 4708 billion.

  • Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:

    Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:


    From today, 5th Falgun, 2079, Sagarmatha Jalbidhyut Company Limited will close the issue of 11,20,000 unit IPO shares for project-affected locals of Illam District. The issue had begun on the 5th of Magh, 2079.

    The company’s issued capital is Rs. 1.12 Arba, of which 10%, or 11,20,000 unit shares worth Rs. 11.20 crores, have been reserved for project-affected Illam District residents. Meanwhile, 39% of the company’s issued capital, or 43,68,000 unit shares, will be made available to the general public later. 10% of the shares, totaling 436,800 units, were allocated for Nepalese citizens working abroad in this public issue, which closed on the 19th of March

     

  • Chhimek Laghubitta (CBBL) Announces Book Closure Date for its Cash Dividend of 25.26%

    Chhimek Laghubitta (CBBL) Announces Book Closure Date for its Cash Dividend of 25.26%


    Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has unveiled the book closure date for its 25.26% dividend worth Rs. 58.70 crores for the fiscal year 2078/79 and has called the 21st AGM on Chaitra 10, 2079. The meeting will be held in Hetauda, Makawanpur, starting at 11 am that day.

    Among the other agendas, the AGM will endorse a 25.26% dividend for the fiscal year 2078/79. The 282nd meeting of the board of directors held on Poush 27 decided to distribute the dividend on the paid-up capital of Rs. 2.32 Arba. 22% bonus shares worth Rs 51.13 crores and 3.26 % cash dividend (including tax) worth Rs 7.57 crore have been proposed.

     

  • This week, the NEPSE fell 112.22 points (5.14%), with a turnover of Rs 8.25 arba.

    This week, the NEPSE fell 112.22 points (5.14%), with a turnover of Rs 8.25 arba.


    This week’s NEPSE index closed at 2,070.41, down 112.22 points (5.14%). Last week, the index closed at 2,182.63, up 4.21% from the previous week.

    This week, the index reached a high of 2,181.20 and a low of 2,067.41, resulting in 113.79 points of volatility. The previous week’s volatility on the index was 126.3 points.

  • Global IME Bank’s “11.25% Global IME Bank Debenture 2084/85” will close today & applications for a minimum of 25 units can be submitted.

    Global IME Bank’s “11.25% Global IME Bank Debenture 2084/85” will close today & applications for a minimum of 25 units can be submitted.


    Global IME Bank Ltd will close the public issuance of the “11.25% Global IME Bank Debenture 2084/85” today, February 5th.

    The issue had begun on the 29th of Magh and was scheduled to end on the 3rd of Falgun. Nevertheless, the bank earlier declared in a notification that the deadline will be extended until February 14, although the subscription would expire as soon as it is subscribed. Because the offering is now oversubscribed, the business will shut it today till the end of banking hours.

    50 lakh units would be issued at a par value of Rs.1000 each. 30 lakh units of the overall offer will be subscribed through private placement, while the remaining 20 lakh shares totaling Rs. 2 Arba are eligible for public issuance, with 5% reserved for mutual funds. The offering would generate a total of Rs 5 arba.

    Sunrise Capital Ltd has been named the issue manager. Investors can apply for as little as 25 units and as many as 100,000 units.

    The “11.25% Global IME Bank Debenture 2084/85” has a maturity duration of 5 years and will provide unit holders with 11.25% annual yields until the date of maturity.

  • Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE

    Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE


    Radhi Bidyut Company Limited (RADHI) has launched 7,59,990.842 unit bonus shares on NEPSE.

    The company’s AGM, held on Poush 28, 2079, approved a 5% dividend for fiscal year 2078/79. The board of directors of the firm met on the 5th of Poush 2079 and suggested a 5% dividend from the paid-up capital. The firm has a paid-up capital of Rs. 1.59 Arba. A cash dividend of 0.25% (including tax) and 4.75% bonus shares were proposed. NEPSE now lists the same bonus shares.

    Yesterday, RADHI closed at Rs. 262.10.

    Similarly, Himalayan Bank Limited (HBL) has launched 1,03,74,980.58 unit bonus shares on NEPSE.

    The company’s 30th AGM, held on Poush 28, 2079, approved a 19.11% dividend for fiscal year 2078/79. On Poush 05, the 427th board of directors meeting resolved to disburse the dividend on paid-up capital. Bonus shares worth 11.11% and cash dividends of 8% were suggested.

    NEPSE now lists the same bonus shares. HBL’s LTP is Rs. 285.

    Himalayan Bank Limited (HBL) and Civil Bank Limited (CBL) have finalized their merger, and the combined operation will commence on Falgun 12 under the name “Himalayan Bank Limited.” The business signed a merger agreement with a swap ratio of 100: 80.28.

  • Gold is currently trading at Rs 102,500, having lost Rs 500 per tola today.

    Gold is currently trading at Rs 102,500, having lost Rs 500 per tola today.


    Today’s gold price has dropped by Rs. 500 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 102,500 per tola. Yesterday, the tariff remained unchanged at Rs. 103,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 102,000. In contrast, the cost was kept at Rs. 102,500 per tola yesterday.

    Silver has lost Rs. 10 per tola on the sidelines. Today’s local market price for the gleaming white metal is Rs. 1,275 per tola, down from yesterday’s closing price of Rs. 1,285 per tola.

    Gold is currently trading at $1,826.80 per ounce in USD, while silver is trading at $21.42 per ounce on the international market.