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Nepal Warehouse Company Gets SEBON Approval for 13.65 Lakh Share IPO
Nepal Warehouse Company has obtained approval from SEBON (Securities Board of Nepal) to release 13.65 lakh ordinary shares to the public, with the offering scheduled for Ashoj 10, 2080. The company has already established and initiated operations for a 40 MT warehouse in Sunsari and Parsa districts. Additionally, they are in the process of constructing […]
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NEPSE Drops 33.20 Points on First Trading Day of the Week, 6 Companies in Negative Circuit
In the latest trading session, the Nepal Stock Exchange (NEPSE) Index closed at 1,971.10 points, marking a significant loss of 33.20 points or 1.65% compared to the previous day’s closing. This followed a loss of 18.60 points on Wednesday. The trading day began with the index opening at 2,004.58, reaching a low point of […]
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NMB Bank Acquires Land Worth Rs. 1.21 Arba
NMB Bank recently acquired land in Kathmandu Metropolitan City Ward No.1 for the construction of a corporate office. The land and structure were valued at Rs. 1,21,39,68,750, and this decision was made during a board meeting on the 10th of Ashwin, 2080. The bank plans to proceed with the purchase of 105.5256 anna of land […]
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Chirkhwa Hydropower’s 859,300 IPO Shares Open to General Public on Ashwin 23
Chirkhwa Hydro Power Limited is set to release 859,300 IPO shares with a face value of Rs. 100 starting on the 23rd of Ashwin, 2080. The IPO offer will close on the 26th of Ashwin, and if it isn’t fully subscribed, it can be extended until the 3rd of Kartik, 2080. Previously, the company allocated […]
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Hyundai Kona GL Reveals Affordable Price in Nepal: NPR 59.96 Lakh
Laxmi Continental, the authorized Hyundai dealer in Nepal, has announced the pricing for the Hyundai Kona GL in the Nepalese market. The base model of the Hyundai Kona GL is priced at NPR 59.96 lakhs, while the GL/S variant comes in at NPR 64.96 lakhs. This electric vehicle offers an impressive 305 kilometers of range […]
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Reminder: Today’s the Last Day to Claim Dividends from Five Mutual Funds
Today marks the final opportunity for investors to claim the cash dividends offered by five mutual funds. NMB Hybrid Fund L-1 and NMB 50 have both declared a 15% cash dividend for the fiscal year 2079/80, with their book closure date set on Ashwin 12. Therefore, investors holding units in either of these mutual funds […]
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Gold Falls Rs. 1000 in 48 Hours; Currently at Rs. 111,000 Per Tola
The price of precious gold has fallen by Rs. 800 per tola (fine gold) today when compared to the trading price on Tuesday. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently being traded at Rs. 111,000 per tola, marking a decrease from Tuesday’s price of Rs. […]
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Citizen Life Insurance Company IPO Shares Now Listed on NEPSE; Opening Ranges Revealed
Citizen Life Insurance Company Limited (CLI) has successfully listed 37,500,000 IPO shares on the Nepal Stock Exchange (NEPSE). This includes shares held by the company’s promoters as well as those issued to the general public. The initial trading range for these shares is set between Rs. 172.43 and Rs. 517.29. If CLI enters into an […]
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NEPSE Index Drops Significantly, Market Capitalization at Rs. 30.38
In today’s trading session, the Nepal Stock Exchange (NEPSE) Index ended at 2,004.30 points, showing a decrease of 18.60 points or 0.91% compared to the previous day’s close. On Tuesday, the index had risen by 18.45 points. The trading day began with the index opening at 2,023.52, reaching its lowest point at 1,993.46 during the […]
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Mid-Solu Hydropower IPO: 62,117 Applicants Receive 10 Units Each
Today, the allocation of IPO shares for Mid-Solu Hydropower Company Limited has been completed in Kathmandu at the office of the issue manager, NIC Asia Capital Limited. Mid-Solu Hydropower Company had initially offered 6,21,172 IPO shares at a face value of Rs 100 each to the general public. This offering was open from Bhadra […]
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