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Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad

Earnmoney.com.np / March 24, 2023

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 […]

IPO | FPO

Modi Energy IPO closes today for Nepalese working abroad.

Earnmoney.com.np / March 23, 2023

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

NEPSE NEWS

Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public

Earnmoney.com.np / March 22, 2023

Sagarmatha Jalbidhyut Company Limited is launching an Initial Public Offering (IPO) of 35,81,760 unit shares to the general public today, 8th Chaitra, 2079. This issue’s early closing date is on the 12th Chaitra, and if it is not fully subscribed, it can be extended until the 22nd Chaitra, 2079. Out of the total 43,68,000 units,

NEPSE NEWS

List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

Earnmoney.com.np / March 22, 2023

An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding

Business | Market | Economy

The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

Earnmoney.com.np / March 20, 2023

IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio. IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on

IPO | FPO

Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.

Earnmoney.com.np / March 20, 2023

Citizen Life Insurance Company Limited’s Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to distribute 11,250,000 unit shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price

IPO | FPO

The IPO of BPW Laghubitta Bittiya Sanstha has concluded; 8,095 applicants out of 14,58,278 receive 10 units.

Earnmoney.com.np / March 17, 2023

As part of its Initial Public Offering (IPO), BPW Laghubitta Bittiya Sanstha Limited issued 80,950 units worth Rs 80.95 lakhs to the general public (Falgun 18- 23, 2079). Out of the total 97,000 units, 10%, or 9,700 units, were set aside for Nepalese citizens working abroad, 1.50%, or 1,500 units, were set aside for company

IPO | FPO

The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.

Earnmoney.com.np / March 16, 2023

BPW Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Friday, 3rd Chaitra, 2079. The allotment program will begin at 11 a.m. on the premises of the issue manager, Mega Capital Markets, in Kamalpokhari. From the 18th to the 23rd Falgun, the company issued 80,950 units of Rs 100 face value shares

Gold | Silver | Forex

Gold is nearing an all-time high; it gained Rs 1000 per tola today to trade at Rs 106,700, and silver is following suit.

Earnmoney.com.np / March 16, 2023

In the domestic market today, the price of gold has risen by Rs. 1000. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 106,700 per tola. Yesterday, the rate remained unchanged at Rs. 105,700 per tola. Meanwhile, Tejabi gold is currently trading at Rs.

IPO | FPO

SEBON finally approves Rawa Energy Development’s IPO proposal.

Earnmoney.com.np / March 15, 2023

The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total

IPO | FPO

The IPO of IME Life Insurance Company has been added to the SEBON pipeline.

Earnmoney.com.np / March 15, 2023

The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312

NEPSE NEWS

Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.

Earnmoney.com.np / March 13, 2023

Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE. The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital