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 […]
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
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
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 11.27 points, equivalent to 0.59%, compared to the previous day’s closing, settling at 1,896.67 points. In contrast, the day before had seen a notable gain of 47.75 points for the index. The trading session commenced with the index opening at 1909.97 and experiencing an intraday
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 91,638 units of shares, inviting interest from existing promoter shareholders starting today. Lila Bahadur Gurung aims to sell this block of promoter shares to fellow existing promoters, and interested parties are encouraged to participate in the auction within the next 35 days
The price of the precious metal gold has experienced an increase of Rs. 600 per tola compared to the trading price on Friday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) today, fine gold is valued at Rs. 1,16,900 per tola, while tejabi gold is priced at Rs. 116,350. In
As the current fiscal year reaches its midway point with four and a half months passed, the government’s utilization of its development capital remains relatively modest at 10.2%. According to the Financial Comptroller General Office, the government has disbursed Rs 30.27 arba for the ongoing fiscal year, with an additional Rs 3.20 kharba allocated for
The US dollar has recently attained its highest value against the Nepali rupee, reaching a new record of Rs. 133.68 last Wednesday and continuing to rise. The latest statistics from Nepal Rastra Bank on this Sunday indicate a slight increase, with the current rate standing at Rs. 133.70, marking a 2-paisa uptick from the previous
The Nepal Stock Exchange (NEPSE) Index demonstrated a substantial gain of 47.75 points, equivalent to 2.56%, compared to the previous day’s closing, reaching a closing figure of 1,907.95 points. The preceding trading day had already seen a gain of 9.87 points for the index. Notably, this marks the highest index level recorded by NEPSE in
During the last fiscal year, the Internal Revenue Department (IRD) of Nepal reported that the government accrued a total revenue of Rs. 84.75 Billion from the sales of alcohol and cigarettes. This revenue distribution comprises Rs. 26.22 Billion from cigarettes, Rs. 25.92 Billion from alcohol, and Rs. 32.61 Billion from beer. The source of this
The FPO allotment process of Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) was successfully concluded today at the offices of the issue manager, Siddhartha Capital Limited, in Kathmandu. During the FPO issuance from 21st to 24th Kartik, 2080, Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) had released 1,78,451.18 units of FPO shares at a par
The current promoter of Kumari Bank Limited (KBL) has initiated the auctioning of 5,392 units of shares to the general public starting today. Lok Maya Gurung and Tika Ram Sapkota, existing promoters of the bank, are respectively selling 2,305 units and 3,087 units of their promoter shares to interested individuals. Prospective buyers are invited to
