Tag: Ring

  • 7-Month Macroeconomic Highlights: Inflation is 7.88%.

    7-Month Macroeconomic Highlights: Inflation is 7.88%.


    According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at USD 10.50 billion, while total imports and exports decreased by 19.9 percent and 29 percent, respectively, and the trade deficit decreased by 18.7 percent.

    The outstanding concessional loan was Rs.210.96 billion as of mid-February 2023, with 148,295 borrowers. For selected commercial agriculture and livestock businesses, Rs.142.56 billion has been extended to 61,335 borrowers. Similarly, 84,105 women entrepreneurs have received loans totaling Rs.65.19 billion. A total of 2,855 borrowers have received concessional loans in other specified sector

     

  • Aatmanirbhar Laghubitta Bittiya Sanstha’s Initial Public Offering (IPO) has concluded, with one in every 91 applicants receiving ten units.

    Aatmanirbhar Laghubitta Bittiya Sanstha’s Initial Public Offering (IPO) has concluded, with one in every 91 applicants receiving ten units.


    Aatmanirbhar Laghubitta Bittiya Sanstha Limited had issued to the general public 1,69,755 units worth Rs 1.69 crore in an Initial Public Offering (IPO) (Falgun 11- 15, 2079).

    Out of the total 203,380 units, 10%, or 20,388 units, have been allotted to Nepalese citizens working abroad, while 1.5326%, or 3,117 units, have been set aside for company employees, and 5%, or 10,170 units, have been set aside for mutual funds. The remaining 1,69,755 units will be available to the general public.

     

  • The NEPSE Index falls 26.80 points on the first trading day of the week, with the banking sector suffering the most losses.

    The NEPSE Index falls 26.80 points on the first trading day of the week, with the banking sector suffering the most losses.


     

    The NEPSE index ended the day at 1,975.89, down 26.80 points from the previous trading day’s close. This represents a 1.34% loss. Last Thursday, the index gained 50.04 points.

    The index opened the day at 2,008.26 and reached an intraday high of 2,017.30. It fell as low as 1,970.67 before closing at 1,975.89.

  • The Aatmanirbhar Laghubitta IPO will be completed on Sunday; 16,975 applicants will receive 10 units each.

    The Aatmanirbhar Laghubitta IPO will be completed on Sunday; 16,975 applicants will receive 10 units each.


     

    Aatmanirbhar Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Sunday, 21st Falgun, 2079. The allotment program will take place at the Kamalpokhari office of the issue manager, Sunrise Capital Limited.

    From the 11th to the 15th Falgun, the company issued 169,755 units of Rs 100 face value shares to the general public in an Initial Public Offering worth Rs 1.69 crore. Out of the total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were for general distribution.

     

  • Menchhiyam Hydropower IPO closes today for Nepalese working abroad.

    Menchhiyam Hydropower IPO closes today for Nepalese working abroad.


    Menchhiyam Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today, the 25th of Falgun, and has extended the IPO issue deadline for project-affected locals until the 9th of Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079.

    The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha District residents. Meanwhile, 20% of the company’s issued capital, or 10,85,167 unit shares, will be made available to the general public later. This public issue, which will close today, has allocated 10% of the shares totaling 108,517 units to Nepalese citizens working abroad.

     

  • The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.

    The NEPSE Index rises 2.56%, gaining 50.04 points to settle at 2,002.70.


     

    SHIVAM CEMENTS LTD (SHIVM) shares traded the most and had the highest turnover of Rs. 7.85 crores closing at a market price of Rs. 455 per share.

    Shuvam Power Limited (SPL) gained the highest 9.98% and technically hit positive for the day.

    Conversely, Siddhartha Investment Growth Scheme – 2 (SIGS2) lost the highest 5.81% today.

    All sector indices closed green, “Hydropower” gained the highest 3.59% while “Manufacturing And Processing” gained the least 1.53% today.

     

     

  • Molung Hydropower Company’s Initial Public Offering (IPO) has ended: 226,465 applicants receive 10 units.

    Molung Hydropower Company’s Initial Public Offering (IPO) has ended: 226,465 applicants receive 10 units.


    Molung Hydropower Company Limited’s initial public offering (IPO) was completed today at Sunrise Capital Limited’s Kamalpokhari office in Kathmandu.

    Molung Hydropower Company Limited issued to the general public 22,64,655 units worth Rs 22.64 crore in an Initial Public Offering (IPO) (Falgun 4- 10, 2079).

     

  • Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.

    Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.


    Salt Trading Corporation Limited (STC) has released its second-quarter report for fiscal year 2079/2080, which shows a 47.39% increase in net profit. The company’s net profit increased to Rs. 1.88 crores in Q2, 2079/2080 from Rs. 1.27 crores in the previous year’s corresponding quarter.

    The company’s sales revenue (revenue from operations) fell by 1.63% in the second quarter to Rs. 3.45 Arba, down from Rs. 3.51 Arba in the previous year’s corresponding quarter. In contrast, the company’s other income has decreased to Rs. 1.7 Crores from Rs. 3.7 Crores during the same period last year.

     

  • Molung Hydropower Company’s Initial Public Offering (IPO) will be completed tomorrow.

    Molung Hydropower Company’s Initial Public Offering (IPO) will be completed tomorrow.


    olung Hydropower Company Limited’s initial public offering (IPO) will take place tomorrow, on the 19th of Falgun, 2079. The allotment program will begin at 10 a.m. on the premises of the issue manager, Sunrise Capital Limited, in Kamalpokhari.

    From the 4th to the 10th Falgun, the company issued 22,64,655 units of Rs 100 face value shares to the general public in an Initial Public Offering worth Rs 22.64 crore. Out of the total 27,28,500 units, 10%, or 272,850 units, were already issued and allotted to Nepalese citizens working abroad, 2%, or 54,570 units, were set aside for company employees, and 5%, or 136,425 units, were set aside for mutual funds. The

  • Sun Nepal Life Insurance Company’s IPO has been added to the SEBON pipeline.

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


    Sun Nepal Life Insurance Company Limited (SNLICLInitial )’s Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval.

    The company intends to sell 9,600,000 unit shares to the general public for Rs. 250.55 per share (Rs 100 face value + Rs 150.55 premium price). The IPO will raise Rs. 2,405,280,000 in total.

     

  • Modi Energy will begin selling IPO shares to Parbat District residents and Nepalese working abroad on February 25.

    Modi Energy will begin selling IPO shares to Parbat District residents and Nepalese working abroad on February 25.


    Modi Energy Limited has published an offer letter to issue an Initial Public Offering (IPO) to Parbat District residents and Nepalese citizens working abroad.

    The initial public offering (IPO) for locals and Nepalese citizens working abroad will begin on the 25th of Falgun and end on the 9th of Chaitra, 2079. It should be noted that if the issue is not subscribed to by the early closing date for Parbat District residents, it may be extended until the 24th Chaitra. However, the early closing date for Nepalese citizens working abroad will not be extended.

     

  • Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times

    Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times


    From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO).

    The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have been set aside for the general public. Out of the total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were made available to the general public.