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Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79
Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided on Magh 26 to distribute the dividend on the paid-up capital of Rs. 3.01 Arba. There has been proposed an 8.534% bonus share and a 0.449% cash dividend (for tax […]
Read MoreHigher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]
Read MoreAsha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79.
For the fiscal year 2078/79, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has recommended a 21.0526% dividend of Rs. 7.02 Crores. The board of directors agreed on March 23 to disburse the dividend from the paid-up capital of Rs. 33.39 crores. A 20% bonus share and a cash dividend of 1.0526% (for tax purposes) have been […]
Read MoreShuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day.
Shuvam Power Limited (SHUVAM) offered 481,882 units of shares valued at Rs. 4.81 crores to the general public as part of their Initial Public Offering (IPO) from the 18th to the 22nd of March, 2079. Out of the entire 580,580 units, 10%, or 58,058 units, have already been issued and assigned to Nepalese people working […]
Read MoreMahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend
Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel. Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On […]
Read MoreThe revenue generated by Ankhukhola Hydropower has decreased by 10.43% to Rs. 12.23 crores.
Ankhukhola Hydropower Company Limited (AKJCL) has released its Q2 financial report for fiscal year 2079/80, which shows a 29.43% decrease in net profit to Rs. 2.66 crores. During the previous fiscal year’s same quarter, the firm generated a net profit of Rs.3.77 crores. Total revenue during the second quarter was down 10.43% to Rs. 12.23 […]
Read MoreIPO Proposal of Menchhiyam Hydropower Finally Approved by SEBON; Company to Issue IPO Worth Rs 16.27 Crore Soon
The Securities Exchange Board of Nepal (SEBON) has approved the proposed IPO issue of Menchhiyam Hydropower Limited on Magh 19. The company will now issue 1,627,750 equity shares at a par value of NPR 100 each. The amount of the issue is Rs. 16.27 Crore. This is 30% of the company’s issued capital. The […]
Read MoreIPO Proposals of Dolti Power Company and Bhugol Energy Development Company Finally Approved by SEBON
The Securities Exchange Board of Nepal (SEBON) has approved Dolti Power Company Limited and Bhugol Energy Development Company Limited’s proposed initial public offering (IPO). On Magh 16, both proposals were approved. Dolti Power Company will now issue 1,609,458 equity shares with NPR 100 par value each. The issue is worth Rs. 16.09 crore. This is […]
Read MoreThe ERC has given preliminary approval to Synergy Power Development Company to issue 50% rights.
The Electricity Regulatory Commission has given preliminary approval to Synergy Power Development Company (SPDL) to issue a 2: 1 right offering. On Kartik 17, 2079, the application for the issuance of right shares was submitted to ERC. On Shrawan 24, 2078, the board of directors proposed issuing 50% right shares on the paid-up capital after […]
Read MoreBecoming an Investor in Nepal
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment […]
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