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Nepalese Gold Market Soars to Record Highs, Fine Gold Reaches Unprecedented Rs. 119,300 per Tola
“The Nepalese gold market experiences an unprecedented surge as prices hit an all-time high on November 29, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reports a remarkable single-day gain of Rs. 1600, driving fine gold to an extraordinary rate of Rs. 119,300 per tola. Just a day earlier, on November 28, 2023, […]
Read MoreSarbottam Cement Launches Book-Building IPO, Inviting General Public Participation
“Sarbottam Cement Limited Initiates Book-Building IPO for General Public Participation” Sarbottam Cement Limited is gearing up to launch its Initial Public Offering (IPO) to the general public, employing the book-building method for the first time. The IPO price for common investors is fixed at Rs 360.90 per share, requiring a minimum application of 50 units, […]
Read MoreNEPSE Faces Challenges: Technical Glitch and Consecutive Declines Mark Trading Day
Due to technical difficulties arising from a power outage impacting the NEPSE system, trading on the Nepal Stock Exchange (NEPSE) experienced a delay of 24 minutes, ultimately leading to an early market closure at 3:24 pm instead of the usual closing time. This interruption occurred on the third consecutive day of declining trends in the […]
Read MoreSecurities Board of Nepal Approves Nabil Bank’s ‘9% Nabil Debenture 2087’ Offering
Nabil Bank Limited has received approval from the Securities Board of Nepal for its ‘9% Nabil Debenture 2087’ on Mangsir 10, 2080. The debenture issuance comprises a total of 30 lakh units, each with a par value of Rs. 1,000. Out of this total, 12 lakh units will be made available to the general public, […]
Read MoreNEPSE Index Witnesses Slight Decline of 0.11% Amidst Mixed Sector Performances
The Nepal Stock Exchange (NEPSE) Index experienced a marginal decline of 2.17 points or 0.11% compared to the previous day’s closing, settling at 1,894.53 points. The preceding trading day had witnessed a loss of 11.27 points for the index. The trading session commenced with the index opening at 1896.4, reaching an intraday low of 1,885.23, […]
Read MoreUncertainty Surrounds NEPSE 30 Implementation Date as Board of Directors Meeting Faces Delays
In a development causing anticipation among stakeholders, the decision on the implementation date for the NEPSE 30 index, proposed a month and a half ago in the Nepal Stock Exchange (NEPSE) Board of Directors (BoD), is facing unexpected delays. Despite completing all necessary procedures, the absence of a crucial BoD meeting has become a hurdle […]
Read MoreUnilever Nepal Limited Offers 1580% Cash Dividend in Celebration of 30th Anniversary
Today marks the final opportunity for shareholders to avail themselves of the 1580% cash dividend offered by Unilever Nepal Limited (UNL). The company, in conjunction with this, has scheduled its 30th Annual General Meeting (AGM) on the 26th of Mangsir, 2080. The decision to propose the significant cash dividend was made during the 179th Board […]
Read MorePromoter Share Auctions Initiated by Suryodaya Womi and Asha Laghubitta: Opportunities for Existing Shareholders
The current promoter of Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has initiated an auction for 60,617 units of shares, targeting existing promoter shareholders. Govinda Sharma and Saraswati Joshi plan to sell 31,266 and 29,351 units, respectively. Interested parties are invited to bid within 35 days from the notice’s publication date. Bids can be submitted […]
Read MoreMirmire Laghubitta Bittya Sanstha Lists 123,816.45 Units of FPO Shares on NEPSE
A total of 123,816.45 units of Follow-on Public Offering (FPO) shares of Mirmire Laghubitta Bittya Sanstha Limited (MMFDB) have been officially listed on the Nepal Stock Exchange (NEPSE). These FPO shares, each with a face value of Rs 100, were made available to the general public during the period from the 25th to the 30th […]
Read MoreSarbottam 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 […]
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