only

"Kutheli Bukhari Small Hydropower IPO Allotment: Oversubscribed 103.62 Times, Only 10,115 Applicants to Secure Ownership" 9
IPO | FPO

“Kutheli Bukhari Small Hydropower IPO Allotment: Oversubscribed 103.62 Times, Only 10,115 Applicants to Secure Ownership”

The IPO allotment of Kutheli Bukhari Small Hydropower Limited is scheduled to take place on Sunday, the 7th of Shrawan, 2080. The allotment program will be conducted at the premises of the issue manager, NMB Capital Limited, located in Nagpokhari, Kathmandu, starting at 9 am. Out of the total 121,867 units offered for the IPO, […]

Read More
Provinces Fall Short: Only 49% of Budget Spent by June 15 in Current FY 11
Business | Market | Economy

Provinces Fall Short: Only 49% of Budget Spent by June 15 in Current FY

As of June 15 in the current fiscal year 2022/23, the provinces in the country have only used half of their budget. Out of the total allocated budget of Rs 306 billion, they have spent Rs 151.3 billion, which is around 49.45 percent of the yearly allocation. According to the Office of the Comptroller General, […]

Read More
Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed 13
Business | Market | Economy

Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed

Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit shares with a par value of Rs. 10 per unit. The fund promoter, Siddhartha Bank Limited, was allocated 10% (1.2 crore units) of the shares, while the fund manager, Siddhartha […]

Read More
The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital. 15
Business | Market | Economy

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

  One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in […]

Read More
NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green. 17
NEPSE NEWS

NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.

The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points. The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79. Through 23,388 transactions, […]

Read More
NEPSE falls 10.87 points, with an intraday turnover of Rs 89.95 crores; only two sectors close in the green. 19
NEPSE NEWS

NEPSE falls 10.87 points, with an intraday turnover of Rs 89.95 crores; only two sectors close in the green.

The NEPSE index closed at 1,908.55 today, down 10.87 points from the previous trading day’s close. This is a 0.57% decrease. Yesterday, the index rose 1.02 points. The index opened today at 1,920.01 and reached an intraday high of 1,932.68. In contrast, it dropped as low as 1,905.12 before closing at 1,908.55. Through 26,434 transactions, […]

Read More