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From Chaitra 19, Makar Jitumaya Suri Hydropower Company will issue 1,337,302 unit IPO shares to the general public.
Makar Jitumaya Suri Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 19th Chaitra of 2079, the company will issue 1,337,302 unit shares with a face value of Rs 100. The company expects to earn Rs 13.37 crore from this IPO. […]
Read MoreNEPSE falls by double digits to close at 1,888.27; three scrips lose everything they can for the day.
The NEPSE index closed at 1,888.27 today, down 26.87 points from the previous trading day’s close. This is a 1.40% decrease. Last Thursday, the index fell 18.15 points. Today, the index opened at 1,915.32, an intraday high. In contrast, it dropped as low as 1,881.07 before closing at 1,888.27. Through 32,168 transactions, 259 scrips changed […]
Read MoreFor Fiscal Year 2078/79, Mahuli Laghubitta raises the dividend rate to 15%.
Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) has reduced the dividend percentage from 25% to 15% for fiscal year 2078/79. On Poush 25, the board of directors decided to distribute 20% bonus shares and 5% cash dividend (including tax) from the paid-up capital of Rs. 28.21 Crores. The company proposed a Rs. 5.64 crore bonus […]
Read MoreHow to Renew Driving License in Nepal
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to […]
Read MoreGold price nears all-time high; gains Rs 800 per tola today to trade at Rs 109,800
Today’s gold price has risen by Rs. 800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. In contrast, the […]
Read MoreAwesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.
Rumors have been circulating on the internet about the arrival of Samsung’s all-new A series smartphone in Nepal. With the global release of the Samsung Galaxy A34 5G and Galaxy A54 5G, there has been speculation in the Nepali market about when the fantastic new addition to Samsung’s beloved A-series phones will arrive in Nepal. […]
Read MoreJeevan Bikas Laghubitta Calls AGM on Chaitra 30; Proposed Dividend of 33.15% Reduced to Only 14.999%
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has scheduled its 4th Annual General Meeting for 30th Chaitra, 2079. The meeting will be held in the company’s head office located at Katahari, Morang, starting at 10:30 PM that day. Among the other items on the agenda, the AGM will approve a 14.99% dividend for fiscal year […]
Read MoreMakar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad
Makar Jitumaya Suri Hydropower Company Limited has distributed IPO shares to project-affected Dolakha District residents and Nepalese citizens working abroad. The allotment program ended on Chaitra 9, 2079. The company’s issued capital is Rs. 76 crores, of which 10%, or 7,60,000 unit shares worth Rs. 7.6 crores, were allocated to project-affected Dolakha District residents (Locals […]
Read MoreNEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba
NEPSE traded only four days this week due to the Ghode Jatra holiday on Tuesday. Last week, the index closed at 1,933.31, down 3.46% from the previous week. This week, the index reached a high of 1,962.14 and a low of 1906.33, resulting in a volatility of 55.81 points. The index had 95.95 points of […]
Read MoreModi Energy IPO closes today for Nepalese working abroad.
Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares […]
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