Tag: Price

  • Sarbottam Cement Initiates IPO Bidding for Qualified Institutional Investors on NEPSE

    Sarbottam Cement Initiates IPO Bidding for Qualified Institutional Investors on NEPSE


    The initial public offering (IPO) of Sarbottam Cement has initiated the bidding process for Qualified Institutional Investors (QII) at the Nepal Stock Exchange (NEPSE). The bidding unfolded in the presence of NEPSE’s CEO Krishna Bahadur Karki and Sarbottam Cement’s Chairman Bishnu Prasad Neupane. During this phase, the company made its IPO available to eligible institutional investors through the book-building process from Mangsir 6 to Mangsir 10.

    A total of 41 eligible institutional investors participated in this opportunity, applying for 36,19,190 shares against the initial offering of 24,00,000 units. Notably, there are currently 135 Qualified Institutional Investors licensed by the Securities Board of Nepal (SEBON). Key bids at the highest price came from Kumari Capital and two mutual funds under its operation, with bids of Rs. 406 per share, the highest in the bidding process.

    The book-building guidelines allowed a maximum of 20% shares to be bid by a single qualified investor of the total issue size. Several QII, including Sky Touch Investment and Consultant Pvt. Ltd, Alka Investment Pvt. Ltd, Nepal Insurance Company Limited, and City Express Investment Fund Pvt. Ltd, bid for the maximum limit of 4.8 lakh units each.

    Most bids were placed at the cut-off price of Rs. 401, and successful QII applicants will receive a proportionate share based on their applied amount and the available shares at the cut-off price. The allotted shares for successful QII will be subject to a six-month lock-in period from the date of allotment to the general public.

    The cut-off price is set at Rs. 401, and the shares for the general public will be available at Rs. 360.9, reflecting a 10% discount on the cut-off rate. Qualified institutional investors were allowed to apply within a specified price range of Rs. 401 to Rs. 601.50 per share.

    The company’s issued capital stands at Rs. 4.65 Arba, of which 12.9033% (60,00,000 units) will be issued to the public (QIIs and the general public). Out of this, 40% (24,00,000 shares) were allocated to Qualified Institutional Investors.

    An arrangement is in place to determine a cut-off price for fully sold securities to qualified institutional investors, with applicants at or above the cut-off price receiving their share allotments based on demand. Shares will be issued to general investors at a 10 percent discount from the cut-off price.

    The IPO of Sarbottam Cement initially applied through the book-building method on 28th Ashadh 2079, gaining approval 15 months later, marking a pioneering IPO through this method.

  • Gold Price Rises by Rs. 600 per Tola, Silver also Witnesses Increase in Nepal’s Market

    Gold Price Rises by Rs. 600 per Tola, Silver also Witnesses Increase in Nepal’s Market


    The price of the precious metal gold has experienced an increase of Rs. 600 per tola compared to the trading price on Friday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) today, fine gold is valued at Rs. 1,16,900 per tola, while tejabi gold is priced at Rs. 116,350.

    In contrast, on Friday, the price of fine gold was Rs. 1,16,300 per tola, and tejabi gold stood at Rs. 1,15,750.

    In tandem with the trend in gold prices, the price of silver has also seen an upswing today. Reflecting a gain of Rs. 35, the current price of silver stands at Rs. 1,485 per tola. In comparison, Friday recorded a silver price of Rs. 1,450 per tola.

    In the international market, the current rate of gold is USD $2,002.70, while silver is being traded at $24.32 per ounce.

  • US Dollar Reaches Record High Against Nepali Rupee, Impacting Imports and State Loans

    US Dollar Reaches Record High Against Nepali Rupee, Impacting Imports and State Loans


    The US dollar has recently attained its highest value against the Nepali rupee, reaching a new record of Rs. 133.68 last Wednesday and continuing to rise. The latest statistics from Nepal Rastra Bank on this Sunday indicate a slight increase, with the current rate standing at Rs. 133.70, marking a 2-paisa uptick from the previous record. In practical terms, this means that 1 US dollar now requires 133 rupees and 70 paisa for exchange.

    The depreciation of the Indian rupee in comparison to the US dollar has played a role in the weakening of the Nepali rupee. Given that Nepal maintains a fixed exchange rate with India, any fluctuations in the Indian currency have a direct impact on the Nepalese rupee.

    The surge in the dollar’s value carries consequences, particularly making imports more expensive. As transactions for imports are conducted in dollars, a stronger dollar translates to higher expenditure. Furthermore, the appreciation of the dollar is expected to increase the burden of state loans from foreign donor agencies.

    While a robust dollar may have advantages for sectors such as tourism, exporters, and remittance recipients, experts argue that the disadvantages are more significant due to the substantial share of imports in the Nepali economy.

  • Gold Prices Surge in Nepal: Rs. 500 Increase per Tola Compared to Monday

    Gold Prices Surge in Nepal: Rs. 500 Increase per Tola Compared to Monday


    The cost of the precious metal, gold, has risen by Rs. 500 per tola today compared to the trading price on Monday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently valued at Rs. 1,16,200 per tola, whereas tejabi gold is priced at Rs. 1,15,650. In contrast, on Monday, fine gold was quoted at Rs. 1,15,700 per tola, and tejabi gold was at Rs. 1,15,150.

    Similarly, the price of silver has also experienced an increase today, seeing a rise of 5 rupees. The current silver price stands at Rs. 1,455 per tola, whereas on Monday, it was at Rs. 1,450 per tola.

    In the international market, the present rate for gold is USD $1,992.00, and silver is being traded at $23.78 per ounce. This indicates a shift in the values of these precious metals in both the local and global markets.

  • Estimating Selling price in NepseFolio

    Estimating Selling price in NepseFolio


    Estimating Selling price in NepseFolio

    Estimating Selling price in NepseFolio
    byu/tata122 inNepalStock

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  • Hathway ko kati jati price badh xa hola?

    Hathway ko kati jati price badh xa hola?


    Hathway ko kati jati price hunxa hola?

    kati ma bechda hunxa?

    ​

    View on r/NepalStock by vuyraj

  • Gold Price in Nepal Drops by Rs. 500 per Tola, Silver Remains Stable

    Gold Price in Nepal Drops by Rs. 500 per Tola, Silver Remains Stable


    The price of gold in Nepal has experienced a decrease of Rs. 500 per tola on the latest trading day. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current price of fine gold stands at Rs. 1,15,400 per tola. This marks a slight decline from the previous day’s rate, which was Rs. 1,15,900 per tola. In parallel, Tejabi gold is now being traded at Rs. 1,14,850, representing a decrease from yesterday when it was priced at Rs. 115,350 per tola.

    In contrast to the fluctuations in the gold market, the price of silver has remained stable at Rs. 1,415 per tola in Nepal.

    On the global scale, the current price of gold is at USD $1,983.30, while silver is trading at $23.12 per ounce.

  • Laxmi Techno Plast Announces 7th AGM with Focus on IPO for Public Offering

    Laxmi Techno Plast Announces 7th AGM with Focus on IPO for Public Offering


    Laxmi Techno Plast Limited, a renowned player in the plastic products and furniture industry, has officially announced the eagerly awaited 7th Annual General Meeting (AGM). This AGM is scheduled to take place on the 11th of Mangsir, 2080, at the company’s headquarters in Hetauda, Makwanpur, with a prompt start time of 11:00 AM.

    The central focus of this upcoming AGM revolves around a significant proposal to issue an Initial Public Offering (IPO) to the general public at a premium price. The company intends to grant its Board of Directors (BoDs) full authority to oversee and carry out all the necessary procedures associated with launching the IPO at a premium valuation.

    Laxmi Techno Plast Limited, recognized for its successful brands Marigold Plastics and Om Shivam Pipes and Fittings, has built a formidable reputation in the industry since its establishment in 2005. With an extensive product line encompassing a wide range of high-quality plastic products, the company has made its mark in both household essentials and industrial requirements.

    Operating under the Marigold Plastics brand, the company takes pride in offering a diverse selection of plastic products, spanning from kitchenware to furniture, all crafted using PET/PETE plastic pellets known for their structural integrity. These products are designed with an emphasis on recyclability and food safety, providing both convenience and aesthetic appeal for homes. The JB Maru Group, under whose visionary leadership Laxmi Techno Plast operates, has a rich and storied history that spans over a century.

    Founded in 1937, the JB Maru Group has evolved from its industrial origins to engage in various business ventures. Laxmi Techno Plast, as a distinguished entity within this conglomerate, has consistently demonstrated innovation, quality, and a commitment to meeting the ever-changing needs of consumers.

  • So , if I get alloted the fpo of any company does that share have the same price as that of company share or that share starts with some new price

    So , if I get alloted the fpo of any company does that share have the same price as that of company share or that share starts with some new price


    as the title says

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  • Price adjustment after bonus shares

    Price adjustment after bonus shares


    Namaste sabailai, let’s suppose kunai company ley 20% share dividend diyo, ani book closure date xai August 10 theo. aba tyo company ko price xai kaile adjust hunxa. Hamiley kasari taha paune price adjust vaisakyo ki vako xaina vanera?

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  • SEBON Approves IPO Proposal of Himalayan Re-insurance Limited, Premium Price Revised to Rs. 206 Per Share

    SEBON Approves IPO Proposal of Himalayan Re-insurance Limited, Premium Price Revised to Rs. 206 Per Share


    The Securities Exchange Board of Nepal (SEBON) has granted approval for the proposed initial public offering (IPO) of Himalayan Re-insurance Limited. This reinsurance company plans to issue 30,000,000 equity shares to the general public at a price of Rs. 206 per share, with a face value of Rs. 100 and a premium of Rs. 106 per share. This IPO issuance aims to raise a total of Rs. 6.18 Arba for the company. It’s noteworthy that the initial IPO price was set at Rs. 208 per share but has been revised to Rs. 206.

    The responsibility of managing this IPO issuance has been entrusted to NMB Capital Limited, and the application for SEBON’s approval was submitted on the 26th of Bhadra, 2080. Himalayan Re-insurance Limited is poised to become the second reinsurance company in Nepal to offer an IPO to the public.

    Himalayan Reinsurance, a pioneering private-sector reinsurance firm in Nepal, specializes in providing reinsurance support to both Life and Non-Life Insurance Companies, both within Nepal and internationally. The company obtained its operational license in 2021.

    The prominent promoters of Himalayan Reinsurance include leading business conglomerates in Nepal and significant financial institutions. Notable names among the promoters are Golchha Group, Shanker Group, Infinity Holdings, Lucky Group, Ramesh Corp, Shiv Shakti Group, Himalayan Infrastructure Fund Ltd., Shalimar Investment, Saffron CK Investments, Vaishnav Enterprises, Murarka Group, K L Dugar Group, M V Dugar Group, R H Group, M S Corp, IME Group, Prem Gurung and Group, Ashlesha Enterprises, Allied Continental, and Balaji Marbles. Additionally, two of Nepal’s prominent commercial banks, Nepal Bank Limited and Rastriya Banijya Bank Limited, are among the promoters.

    As of the end of the third quarter, Himalayan Reinsurance had a paid-up capital of Rs. 7 Arba and maintained reserves and a surplus of Rs. 38.58 crores. The company displayed significant growth in Net Premium, with a remarkable 612.61% increase, totaling Rs. 3.38 Arba up to the third quarter of the fiscal year 2079/80.

    ICRA Nepal has reaffirmed an issuer rating of [ICRANP-IR] A- (pronounced ICRA NP Issuer Rating A Minus) for Himalayan Reinsurance Limited. This rating indicates a reasonable level of safety regarding the timely servicing of financial obligations and suggests low credit risk associated with the company.

  • Hathway Investment’s Share Price Surges by 9.99% on Debut Day; MANDU Stays Steady Near Rs. 400

    Hathway Investment’s Share Price Surges by 9.99% on Debut Day; MANDU Stays Steady Near Rs. 400


    Hathway Investment Nepal Limited (HATHY) had an extraordinary start on its first trading day. Their IPO, initially priced at Rs. 50 per share, exceeded all expectations by soaring to an impressive Rs. 313.7, representing a remarkable 9.99% increase.

    The IPO offered 24,27,750 unit shares to the general public and was listed with a total of 2,34,00,000 shares the previous day. On the first trading day, NEPSE set an opening range of Rs. 95.09 to Rs. 285.27 for Hathway Investment. Surprisingly, trading began at Rs. 285, indicating a highly active and enthusiastic market for the company.