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Government Grants Holiday for Bakrid; NEPSE Closed
The government has announced a public holiday on Thursday to celebrate Bakrid (Eid-ul-Adha). The Ministry of Home Affairs issued a press release stating that in accordance with the information published in the Nepal gazette, the holiday is granted to observe Bakrid on Ashad 14, 2080. On this day, all public offices, including the Nepal Stock […]
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Nepal and India Sign 5-Year Pact for 200 MW Power Supply
India and Nepal have made a significant agreement for India to purchase 200 megawatts (MW) of electricity from Nepal during the rainy season. The deal will last for five years and is seen as an important step in their long-term electricity trade. Unlike the previous method of selling electricity through a competitive market, this new […]
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Samata Gharelu Laghubitta and Mahuli Laghubitta Bonus Shares Listed on NEPSE
Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) recently listed 5,14,116.29 unit bonus shares on the Nepal Stock Exchange (NEPSE). During its 9th Annual General Meeting held on the 11th of Chaitra, the company approved an 18% dividend amounting to Rs. 6.16 Crores for the fiscal year 2078/79. Furthermore, in a board meeting on Magh […]
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“Manakamana Engineering Hydropower to Issue IPO Shares to Dolakha Locals and Nepali Expats”
“Manakamana Engineering Hydropower Limited Announces IPO for Locals and Nepalese Citizens Abroad” Manakamana Engineering Hydropower Limited has released an offer letter for an Initial Public Offering (IPO) specifically targeting project-affected locals from Dolakha District and Nepalese citizens working abroad. The IPO will be open for subscription from the 19th of Ashad to the 2nd […]
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“SEBON Adds 11.19 Lakhs IPO Shares of Him Star Urja Company to Pipeline”
“Him Star Urja Company Limited’s IPO Proposal Under SEBON Review” Him Star Urja Company Limited has submitted a proposal to SEBON, the capital market regulator, for an initial public offering (IPO). The company plans to issue 1,119,000 shares, which will generate a capital of Rs. 11.19 crores. The application was submitted on Jestha 31, […]
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“Dibyashwari Hydropower Company Proposes 100% Right Share Issuance”
Dibyashwari Hydropower Company Limited (DHPL) recently held a Board of Directors (BOD) meeting where they proposed to issue 100% right shares to their shareholders. Currently, DHPL has 2,640,000 unit shares listed in the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 26.40 Crores. With the issuance of the proposed right shares, the company’s […]
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Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed
The IPO allotment of Nepal Republic Media Limited has been completed today at Hotel Aloft in Chhaya Center, Thamel, Kathmandu. Nepal Republic Media Limited had issued 35,25,930 units worth Rs 35.25 crores as an IPO for the general public from Jestha 26-30, 2080.
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Controversy Surrounds CARE Ratings Nepal as License Suspension Looms
CARE Ratings Nepal Limited (CRNL) has been notified by the Securities Board of Nepal (SEBON) that the action process, which was initiated based on a request for explanation made five and a half months ago, is currently underway. The SEBON’s Board of Directors (BODs) had requested an explanation from CARE Ratings Nepal during their meeting […]
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“Auction of Promoter Shares of Jyoti Bikash Bank and Prabhu Bank Begins Today”
Jyoti Bikash Bank Limited (JBBL) is offering 168,496 units of promoter shares for sale through a public auction. The auction is open to individual investors, companies, and institutions, and will take place from the 10th to the 17th of Ashad, 2080. The minimum bid rate is set at Rs. 126, and the minimum bid […]
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“Gold Plummets Rs. 700 to Rs. 109,800 per Tola; Silver Slips Rs. 25”
Today, the price of fine gold in the domestic market has dropped by Rs. 700 per tola, while the price of tejabi gold has fallen by Rs. 650 compared to yesterday’s rates. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. […]
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