Tag: NT

  • Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.

    Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.


    Support Laghubitta Bittiya Sanstha Limited (SMB) has issued its unaudited financial report for Q3 of FY 2078/79, with a net profit of Rs 63.32 Lakhs, a decrease of 42.88%. Microfinance had a net profit of Rs 1.75 crore in the prior year’s similar quarter.

    It has received Rs 28.78 Crore in deposits, Rs 98.04 Crore in borrowings, and Rs 1.39 Arba in loans. The company’s paid-up capital is Rs 9.52 crore, and it has a reserve of Rs 3.65 crore.

    Net interest income was Rs 4.52 crore in the third quarter, down from Rs 5.42 crore in the previous year’s equivalent quarter. Operating earnings fall 65.7% to Rs 60.35 Lakhs.

  • SEBON has finally approved Nepal Republic Media’s IPO proposal.

    SEBON has finally approved Nepal Republic Media’s IPO proposal.


    The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11.

    The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up capital following the IPO allotment will be Rs 96.75 crores.

    Mega Capital Markets Limited has been designated as the planned IPO’s issue manager.

    Nepal Republic Media Pvt. Ltd., the publisher of Nagarik Nepali Daily, Republica English Daily, and Shukrabar Weekly, is the first media company to become public.

  • The NEPSE Index rose 0.92% to settle at 1,905.68 points, with intraday turnover remaining at Rs 88.55 crores.

    The NEPSE Index rose 0.92% to settle at 1,905.68 points, with intraday turnover remaining at Rs 88.55 crores.


    The NEPSE index finished at 1,905.68 today, up 17.36 points from the previous trading day’s close. This is a 0.92% increase. Yesterday, the index rose 2.71 points.

    Today, the index began at 1,887.3 and closed at 1,885.17. In contrast, it reached a high of 1,905.73 before closing at 1,905.68.

    Through 27,766 transactions, 264 scrips changed hands. A total of 2,700,570 shares were traded, totaling Rs. 88.55 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 75.13 Crores.

  • SEBON Approves 11% LBBL Debenture 2089; Bank Will Soon Issue 10 Lakh Unit Debentures

    SEBON Approves 11% LBBL Debenture 2089; Bank Will Soon Issue 10 Lakh Unit Debentures


     

    On Baisakh 10, 2080, the Securities Board of Nepal (SEBON) authorized the “11% LBBL Debenture 2089”.

    Lumbini Bikas Bank Limited (LBBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. For a period of ten years, the bank will give an interest rate of 11% on the debenture.

    Four hundred thousand units will be made available to the general public out of the total number of units available.

  • From Baisakh 19, Ghorahi Cement Industry will provide IPO shares at a premium price to Dang District residents and Nepalese working abroad.

    From Baisakh 19, Ghorahi Cement Industry will provide IPO shares at a premium price to Dang District residents and Nepalese working abroad.


     

    Ghorahi Cement Industry Limited (GCIL) has issued an offer letter to provide an Initial Public Offering (IPO) to Dang District residents and Nepalese people living overseas.

    The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 19th of Baisakh to the 2nd of Jestha, 2080. It should be noted that if the problem is not subscribed to by the early closing date for Dang District residents, it may be prolonged until the 17th Jestha. However, the early closure date for Nepalese people working overseas will not be extended.

     

  • PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49

    PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49


     

    Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49.

    The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares.

     

  • The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever

    The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever


    The NEPSE index closed at 1,888.32 today, up 2.71 points from the previous trading day’s close. This represents a 0.14% increase. Yesterday, the index fell 18.80 points.

    Today, the index opened at 1,885.77 and closed at 1,875.14. In contrast, it reached a high of 1,891.87 before settling at 1,888.32.

     

  • List of Bank Holidays in Nepal 2080

    List of Bank Holidays in Nepal 2080


    The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as declared by the government. The notice from NRB outlines the bank holidays during which Nepalese banks will remain closed, while also indicating that partial banking services, including cash transactions, will be available on certain dates marked with an asterisk (*). This information is aimed at providing clarity to the public and businesses regarding the operational status of banks during the designated holidays.

    No. List of Holidays Date
    1 New Year April 14, 2023
    2 Labour Day May 1, 2023
    3 Buddha Jayanti/Ubhauli/Chandi Purnima* May 5, 2023
    4 Republic Day* May 29, 2023
    5 Gaura Parva (Only for the region or culture celebrating the festival) August 24, 2023
    6 Raksha Bandhan/Gai Jatra* August 31, 2023
    7 Krishna Janmashtami* September 6, 2023
    8 Tij (Only for women) September 18, 2023
    9 Constitution Day September 20, 2023
    10 Indra Jatra* (Only in the Kathmandu valley) September 28, 2023
    11 Jitiya Parva (Only for women celebrating the festival) October 7, 2023
    12 Ghatasthapana* October 15, 2023
    13 Dashain (Phulpati-Dwadashi) October 21-26, 2023
    14 Phalgunanda Jayanti (Only for the followers of Kirat religion) November 11, 2023
    15 Tihar November 12-16, 2023
    16 Chhath November 19, 2023
    17 Guru Nanak Jayanti (Only for the Sikhs) November 27, 2023
    18 International Disability Day (Only for the staff with disabilities) December 3, 2023
    19 Christmas* December 25, 2023
    20 Udhauli/Yomari Punhi/Jyapu Diwas* December 26, 2023
    21 Tamu Lhosar* December 31, 2023
    22 Prithvi Jayanti/National Unity Day* January 12, 2024
    23 Maghi/Maghe Sankranti* January 15, 2024
    24 Sonam Lhosar* February 10, 2024
    25 People’s War Day* February 13, 2024
    26 Democracy Day* February 19, 2024
    27 Mahashivaratri/Women’s Day* March 8, 2024
    28 Gyalpo Lhosar* March 11, 2024
    29 Phagu Purnima March 24, 2024 (Hilly and mountainous districts)
    March 25, 2024 (Plain districts)
    30 Ghodejatra* (Only in the Kathmandu valley) April 8, 2024
    31 Machhindranath Bhoto Jatra* (Only in the Kathmandu valley) Date to be announced by the government
    32 Eid al-Fitr* Date to be announced by the government
    33 Bakra Eid/Eid al-Adha* Date to be announced by the government
    34 Siruwa Pawani (Only in Jhapa, Morang, Sunsari, Siraha and Saptari) Date to be announced by the government
    35 Mohammad Jayanti (Only for the Muslims) Date to be announced by the government
  • The application deadline for the “Citizens Super 30 Mutual Fund” has been extended till Baisakh 20.

    The application deadline for the “Citizens Super 30 Mutual Fund” has been extended till Baisakh 20.


    Citizens Capital Limited has extended the deadline for the general public to invest in the mutual fund scheme “Citizens Super 30 Mutual Fund” until the 20th Baisakh, 2080. The problem began on the 6th of Baisakh and was intended to end today, the 10th of Baisakh, 2080. However, because the problem manager did not get a sufficient number of applications, the deadline has been extended until Baisakh 20.

    15% or 1.50 crore units worth Rs. 15 crores have been allotted to the fund promoter Citizens Bank International Limited, with the remaining 8.5 crores going to the general public.

     

  • Modi Energy will issue 59,94,420 unit IPO shares to the general public beginning in Baisakh 19.

    Modi Energy will issue 59,94,420 unit IPO shares to the general public beginning in Baisakh 19.


     

    Modi Energy Limited has sent an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 19th of Baisakh, 2080, the firm would issue 59,94,420 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 59.94 crore for the firm. This issue’s early closure date is on 24th Baisakh, and if it is not completely subscribed, it can be prolonged until 2nd Jestha, 2080.

     

  • Today’s gold price in Nepal has dropped by Rs 900 per tola.

    Today’s gold price in Nepal has dropped by Rs 900 per tola.


    In the domestic market today, fine gold has lost Rs. 900 per tola, while tejabi gold has lost Rs. 850 from yesterday’s pricing.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,300 per tola. Yesterday, the cost remained unchanged at Rs. 110,200 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 108,800. In contrast, the cost was kept at Rs. 109,650 per tola yesterday.

  • Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.

    Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.


    Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter.

    The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year.

    When compared to the same quarter last year, the company’s deposits fell by 2.11% to Rs.4.40 Arba, while loans and advances increased by 2.84% to Rs.3.39 Arba. The company’s CAR is now 10.20%, down from 11.12% earlier.

    The bank has Rs. 50.28 crore in paid-up capital. At this capital, the bank’s EPS is Rs. 4.60, and its net worth is Rs. 118.20.