Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has recently listed 1,32,000 units of bonus shares on the Nepal Stock Exchange (NEPSE). During their 9th Annual General Meeting held on the 22nd of Ashad, 2080, the company approved a 15% dividend for the fiscal year 2078/79. This dividend will be distributed based on the company’s paid-up capital […]
Nepal Oil Corporation (NOC) recently raised the prices of petrol and diesel, causing a stir in the local market. The corporation’s board meeting, held on Tuesday, led to a unanimous decision to adjust prices. Diesel and kerosene prices surged by Rs. 14 per liter, while petrol increased by Rs. 5 per liter. As a
Radhi Bidyut Company Limited (RADHI) has reported a remarkable 121.33 percent increase in its net profits during the fourth quarter, reaching Rs. 11.27 crores for FY 2079-80. This substantial growth contrasts with the Rs. 5.09 crores earned in the same period of the previous fiscal year, 2078-79. The company’s primary income source, power sales, has
Starting from today, Nepal SBI Bank Limited is concluding the public offering of its “9% Nepal SBI Bank Debenture 2089,” consisting of 2,000,000 units priced at Rs. 1000 per unit. Initially, the issue had commenced on the 18th of Shrawan, 2080, and was scheduled to close early on the 22nd of Shrawan. However, due
API Power Company Limited (API) has initiated the sale of right shares, beginning today (Shrawan 31), which represents 40 percent of its current paid-up capital. The company’s plan involves offering 4 new shares for every 10 existing shares held. This means a total of 16,533,137 right shares will be available, each priced at Rs.
Once a private limited company becomes a public entity, it will have the ability to initiate an initial public offering (IPO) after gaining approval. In a recent cabinet meeting on Tuesday, the Securities Registration and Issuance (Seventh Amendment) Regulations of 2080 were given the green light. This approval introduced new rules to the capital
Manakamana Engineering Hydropower Limited is concluding the offering of its 2,276,620 unit IPO shares with a face value of Rs 100 each, starting today on the 31st of Shrawan, 2080. This date marks the early closing deadline for the IPO. Should the issue not have garnered full subscriptions by the 31st of Shrawan, the closing
In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,025.12 points, showing a decrease of 20.31 points or 0.99% compared to yesterday’s close. The index had suffered a loss of 31.80 points during the previous trading session. The trading day began with the index starting at 2,044.75 points. However, the market went
The IPO allotment for Reliable Nepal Life Insurance Limited (RENLICL) has wrapped up today at the Civil Capital Market premises in Sundhara, Kathmandu. The company had offered 9,600,000 IPO shares at a face value of Rs 100 per share, along with a premium of Rs 157, making the total cost per share Rs 257.
Nabil Bank is introducing an attractive option for home loans, presenting two competitive fixed interest rate choices: 10.99% for a 7-year term and 11.99% for a 10-year term. Homeowners often worry about fluctuating rates impacting their monthly payments, as explained by Chadani Shrestha, Head of the Personal Lending Unit at Nabil Bank. To address
