Tag: Share

GBBL Urges Shareholders to Collect Uncollected Dividends: Important Notice for Investors

Garima Bikas Bank Limited (GBBL), formerly known as Subhechha Bikas Bank Limited, Nilgiri Bikas Bank Limited, and Sahara Bikas Bank Limited, has issued a notice urging its shareholders to collect unclaimed dividends.

According to the notice, some investors have yet to collect dividends for the fiscal year 2074/75. These dividends were due in the fiscal year 2074/75 when the bank distributed cash dividends to its shareholders.

The bank has appealed to investors who have not yet claimed their share of dividends to visit NIMB Ace Capital Limited, Lazimpat, Kathmandu, with valid identification within the next 35 days to claim their dividends.

As of the latest update, GBBL has a Last Traded Price (LTP) of Rs. 369.00, reflecting its current market value.

April 10, 2024
Kumari Bank Limited Auctions Promoter Shares of Sagarmatha Lumbini Insurance Company Limited: Opportunity for Investors

Kumari Bank Limited (KBL) has initiated the auction of promoter shares of Sagarmatha Lumbini Insurance Company Limited (SALICO), commencing from today, 28th Chaitra, until 1st Jestha, 2080. This auction presents an opportunity for investors to acquire shares in SALICO, a prominent insurance company in Nepal.

A total of 1,14,612 unit promoter shares of SALICO are being auctioned, with promoter shareholders eligible to participate in the bidding process. The minimum bid rate for SALICO’s auction is set at Rs. 275, with a minimum bid quantity of 1,000 units for promoter shares. While bidders have the option to bid for the entire issue, they must adhere to the regulations set by the Nepal Rastra Bank, ensuring that the specified quantity of shares per entity is not exceeded.

The auction is managed by Kumari Capital, providing a transparent and efficient platform for investors to participate. As of the latest update, SALICO’s Last Traded Price (LTP) stands at Rs. 667.00, indicating the current market value of the company’s shares.

April 10, 2024
Surge in Nepal’s Gold Market: New All-Time High Reached on April 10, 2024

Nepal’s gold market has witnessed an unprecedented surge, reaching a new all-time high on April 10, 2024. According to the Federation of Nepal Gold and Silver Traders’ Association, fine gold has experienced a significant increase of Rs. 500, pushing its price to an exceptional rate of Rs. 1,36,800 per tola, up from its previous rate of Rs. 1,36,300. Similarly, Tejabi gold, another highly sought-after variant, has also seen a rise, now valued at Rs. 1,36,150 per tola, marking a consecutive increase of Rs. 500 from its previous rate of Rs. 1,35,650.

Just the day before, on April 9th, 2024, fine gold had surged to an all-time high of Rs. 1,36,300 per tola. Additionally, the price of silver has also surged, setting new records. Presently priced at Rs. 1,700 per tola, silver witnessed an increase of Rs. 15 from the previous day’s rate of Rs. 1,685 per tola.

The domestic market is witnessing an upward trend in prices, while the international market also plays a significant role. According to the latest update, the current gold rate stands at $2,356.40 per ounce. Internationally, silver remains constant, with prices reaching $28.09 per ounce.

April 10, 2024
Nepal Prepares for Nepal Investment Summit 2024 to Boost Economy

The Government of Nepal is gearing up for the highly anticipated Nepal Investment Summit 2024, set to kick off on April 28 in Kathmandu. This two-day event, themed ‘Emerging Nepal,’ aims to showcase 125 national-level projects across various sectors to attract investment and foster economic development in the country.

Prime Minister Pushpa Kamal Dahal, in discussions with development partners, emphasized the government’s unwavering commitment to creating a secure and conducive investment climate. The Investment Board of Nepal (IBN) has extended invitations to over 1,100 potential investors, with more than 100 projects identified as viable for display at the summit.

Nepal boasts promising investment prospects in sectors such as clean energy, tourism, agro-processing, mining, information and communication technology (ICT), transportation, and manufacturing. Highlighted projects include the Nepal-China Friendly Industrial Park in Jhapa, the Upper Marsyangdi-2 Hydropower Project, grid-connected solar initiatives in Banke and Kapilvastu districts, and a potential agreement with Dabur Nepal for expanding production capacity.

The estimated cost of the Nepal-China Friendly Industrial Park is $786 million, while the Upper Marsyangdi-2 Hydropower Project seeks $647 million in Chinese investment. Grid-connected solar projects and Dabur Nepal’s expansion plan also present significant investment opportunities, showcasing Nepal’s appeal to prospective investors.

Despite past investment summits in 2017 and 2019 aimed at boosting Nepal’s attractiveness to investors, challenges remain in translating summit outcomes into tangible results. The government has undertaken pre-event activities abroad and streamlined preparations, but delays in amending relevant legislation persist, hindering progress towards creating a more investor-friendly regulatory environment.

April 10, 2024
How long does it take for bonus shares to get listed after book close date

Can someone please tell me how long (on average) it takes to list the bonus share in nepsetms and mero share after the book close date?

For example, STC book close date was on 22nd Mar 2024 but I do not find the listing date anywhere.

Thank you.

View on r/NepalStock by p_gautam

April 10, 2024
Nepse TMS 5 Login | NEPSE Online Trading System

Market Securities Exchange Company Pvt. Limited

Kichha Pokhari, Kathmandu, Nepal.
01-4248973

Stock Broke Number 05

Nepse TMS 5 Login

Market Securities Exchange Co. Pvt. Ltd., holding the prestigious designation of Broker No. 5, stands as a pioneering force in Nepal’s financial landscape. With a legacy spanning over two and a half decades since its establishment in 2050 BS, our firm has earned a revered position as one of the country’s premier stock brokerage and wealth management organizations.

Market Securities has consistently demonstrated leadership in the sector, boasting a satisfied clientele of over 4,000 delighted clients. Our journey has been marked by a steadfast commitment to providing a comprehensive trading platform, along with invaluable share market and wealth management knowledge to our esteemed clients.

Our expertise extends across both retail and institutional stock trading, positioning us as a versatile and efficient player in Nepal’s dynamic financial arena. Since 2050 BS, Market Securities has proudly held membership with the Nepal Stock Exchange (NEPSE) Limited and has served as a trusted depository participant (DP) at CDS and Clearing Limited. Notably, in the year 2071 BS, we attained membership status as a DP, reinforcing our dedication to meeting the stringent infrastructural, policy, and technological criteria set by the Securities Board of Nepal (SEBON) and NEPSE.

At Market Securities Exchange Co. Pvt. Ltd., our paramount goal is to provide our clients with top-notch service and actionable market and investment information. We are recognized for our unwavering commitment to being a reliable and trusted partner in our clients’ financial decisions.

As we look to the future, we remain steadfast in our mission of excellence, integrity, and client-centricity. Market Securities is honored to have played a pivotal role in the growth and development of Nepal’s capital market, and we eagerly anticipate continuing our journey alongside our valued clients, contributing to their financial success and prosperity.

April 10, 2024
Nepse TMS 42 Login | NEPSE Online Trading System

Sani Securities Company Limited

Jamal, Kathmandu, Nepal.
01-4166005

Stock Broker Number 42

Nepse TMS 42 Login

SANI Securities Company Ltd. has firmly established itself as a prominent and trusted stock brokerage firm in Nepal, dedicated to facilitating stock trading for over a decade. As a registered broker under the purview of the Security Board of Nepal (SEBON) and a proud member of the Nepal Stock Exchange Ltd. (NEPSE), we have consistently demonstrated our commitment to regulatory compliance and excellence in our operations.

Our journey has been marked by continuous growth and development, driven by a relentless pursuit of excellence. We firmly believe in pushing our boundaries and exploring new horizons while unwaveringly maintaining the high quality of services we provide to our valued clients. With approximately a 15% share of the overall market volume, SANI Securities Company Ltd. has established a strong presence in Nepal’s financial landscape, a testament to our dedication and expertise.

At the heart of our mission is the unwavering commitment to customer happiness. We understand that the financial well-being of our clients is of paramount importance, and as such, our goal is to uphold the highest business standards by delivering services that are not only current but also tailored to meet the evolving needs of the market. We are committed to staying at the forefront of industry trends and technological advancements to ensure that our clients receive the best possible support and services.

In conclusion, SANI Securities Company Ltd. is a beacon of trust and excellence in Nepal’s stock brokerage sector. With a strong track record, a significant market presence, and a customer-centric approach, we remain dedicated to providing outstanding services and contributing to the success and satisfaction of our valued clients.

April 10, 2024
Nepse TMS 1 Login | NEPSE Online Trading System

Kumari Securities Pvt. Limited

Dillibazar, Kathmandu, Nepal.
01-4418036

Stock Broker Number 1

Nepse TMS 1 Login

Kumari Securities Pvt. Ltd., a pioneering force in Nepal’s financial landscape, has a rich history dating back to its establishment in the year 2053 B.S. (April 6, 1996 A.D.). Originally founded as a corporation, the firm has since evolved into a prominent stock brokerage entity with a strong presence in the market.

Under the regulatory umbrella of the Securities Board of Nepal (SEBON), Kumari Securities Pvt. Ltd. proudly holds a license to operate in the financial sector. Additionally, the firm boasts membership with the prestigious Nepal Stock Exchange Ltd. (NEPSE) and holds the esteemed designation of being a Clearing Member with the Central Depository System and Clearing Limited (CDSC).

Kumari Securities Private Limited stands as one of Nepal’s earliest and most renowned stock brokerage firms. As a licensed stockbroker recognized by the Securities Board Nepal, the company actively engages in broking services for a wide array of listed securities within NEPSE. This includes corporate shares, stocks, debentures, bonds, mutual fund units, and the development, operation, and enhancement of global markets.

A testament to its pioneering spirit, Kumari Securities is a founding member of the Nepal Stock Exchange Ltd. (NEPSE), actively participating in the market since its inception, even during the era of the “Open Out Cry System.” As the first recipient of a stockbroking license in Nepal, the firm proudly bears the Stock Broker Member Code No. 01. With its main office located in Kumari Marg, Dillibazar, Kathmandu-30, and a branch office at New Road in Pokhara, Kumari Securities maintains a robust presence to better serve its clientele.

Kumari Securities offers comprehensive securities and shares broking services, further complemented by its Depository Participant (DP) services through Nepal DP Limited, a publicly-traded entity promoted by the firm.

With over 23 years of active engagement in the Nepalese stock market, Kumari Securities Pvt. Ltd. has garnered a loyal clientele, both individual and institutional, owing to its unwavering commitment to delivering professional services. The firm’s dedication to information, technology, and knowledge underscores its ability to provide a diverse range of broking services, positioning it as a reliable partner for investors in Nepal and beyond.

As a longstanding institution in Nepal’s financial landscape, Kumari Securities Private Limited remains committed to its mission of contributing to the growth and development of the nation’s capital market while fostering enduring relationships with its valued clients.

April 10, 2024
Nepse TMS 25 Login | NEPSE Online Trading System

Sweta Securities Pvt. Limited

Putalisadak, Kathmandu, Nepal.
01-4444791

Stock Broker Number 25

Nepse TMS 25 Login

Sweta Securities, a pioneer in Nepal’s stock market landscape, has been a registered stock broker since its inception in 1994. It stands as one of the two stock brokerage firms in Nepal that participated in the inaugural day of the open outcry trading system, showcasing its commitment to serving the trading community. Over the years, Sweta Securities has maintained an impeccable record of rarely missing a trading day, establishing itself as a trusted partner for thousands of small investors and corporate traders alike.

Originally established as a stock brokerage firm registered with the Nepal Stock Exchange, Sweta Securities underwent a significant transformation on July 25, 1997, when it transitioned into a private limited company under the purview of the Companies Act. Since that pivotal moment, it has continued its operations as a privately held corporation, demonstrating adaptability and resilience in the ever-evolving financial landscape.

Committed to regulatory compliance and governance, Sweta Securities has been a registered entity with the Securities Board of Nepal since the enactment of the Securities Act in 2007 and the establishment of the Securities Board of Nepal. This dedication to regulatory standards underscores the company’s commitment to maintaining the highest level of integrity and transparency in its operations.

The company’s steadfast dedication to serving its clientele is evident through its unwavering presence at Nepal Share Market Complex, 1st Floor, PutaliSadak, Kathmandu, where its headquarters and operations have been based since its inception. Sweta Securities, while having its roots firmly planted in Kathmandu, extends its services beyond the valley. Despite having no physical branches, the company efficiently caters to clients across Nepal, including those in Biratnagar, Birgunj, Butwal, and Nepalgunj. Moreover, Sweta Securities proudly serves Nepali citizens working abroad, ensuring that they can seamlessly access and benefit from its comprehensive suite of financial services.

In conclusion, Sweta Securities has demonstrated a remarkable journey in Nepal’s stock brokerage industry, standing as an enduring symbol of trust, integrity, and commitment to clients. With its long-standing presence, regulatory compliance, and unwavering dedication to clients across the nation, Sweta Securities remains a cornerstone of Nepal’s stock market ecosystem.

April 10, 2024
Nepse TMS 37 Login | NEPSE Online Trading System

Swarnalaxmi Securities Pvt. Limited

Kamalpokhari, Kathmandu, Nepal.
01-4417178

Stock Broker Number 37

Nepse TMS 37 Login

Swarnalaxmi Securities Pvt. Ltd. stands as a prominent member of the Nepal Stock Exchange, bearing the esteemed designation of licensed stock broker 37. Regulated by the Securities Board of Nepal (SEBON), we operate as a share broker firm, committed to providing exceptional services within the framework of regulatory standards.

Our presence in the capital market is marked by a strong and ascending trajectory. As a member of the Nepal Stock Exchange, Swarnalaxmi Securities Pvt. Ltd. is dedicated to delivering reliable and professional stock brokerage services. With a focus on adherence to regulations and a commitment to excellence, we continue to rise as a corporation, contributing positively to Nepal’s capital market landscape.

April 9, 2024
Nepse TMS 32 Login | NEPSE Online Trading System

Premier Securities Company Limited

Putalisadak, Kathmandu, Nepal.
01-4231339

Stock Broker Number 32

Nepse TMS 32 Login

As one of the pioneers in the stock brokerage industry, we take immense pride in being among the first stock brokers to receive authorization from the Nepal Securities Board to operate on the Nepal Stock Exchange. Our commitment to providing you with comprehensive information and exceptional stock brokerage services remains unwavering. Our goal is to ensure that you make the most of your investment journey.

The Nepalese Stock Market has experienced a remarkable transformation in recent years, marked by significant strides in digitizing market securities. This journey toward digitization and modernization continues to evolve. Here are some key highlights of these advancements:

1. DEMAT Accounts: The majority of active investors in Nepal now possess DEMAT accounts. This transition has eliminated the need for physical share certificates, simplifying and streamlining the process of owning and managing securities.

2. C-ASBA: The introduction of the C-ASBA (Centralized Application Supported by Blocked Amount) system has revolutionized the way investors participate in Initial Public Offerings (IPOs). Gone are the days of waiting in long lines for hours to submit IPO application forms. This innovative system has made the IPO application process efficient and hassle-free.

3. Digital Share Transfer: The lengthy and cumbersome process of transferring ownership titles for shares is now a thing of the past. Investors no longer need to carry physical share certificates or engage in complex name transfer documentation. Digitalization has expedited and simplified these procedures.

4. NEPSE Online Trading System (NOTS): Our online trading platform, the NEPSE Online Trading System (NOTS), empowers investors to trade at their convenience, from anywhere with an internet connection. This user-friendly system provides flexibility and accessibility, allowing you to make informed investment decisions on your terms.

As Nepal’s financial markets continue to embrace digitalization, the future holds even more opportunities and conveniences for investors. We are committed to staying at the forefront of these advancements, ensuring that you have the tools and resources necessary to thrive in this dynamic landscape.

At our brokerage, we believe in the power of knowledge and technology to enhance your trading experience. We are dedicated to supporting you as you navigate the evolving landscape of the Nepalese stock market. Your financial goals are important to us, and we are here to assist you in achieving them efficiently and effectively.

April 9, 2024
Devastating Fire at Bharat Furniture: A Costly Setback for the Industry

A devastating fire broke out at Bharat Furniture, located in Matihani-8 of the district, causing extensive damage estimated at over Rs 3.5 million. Owned by Dukhmochan Thakur, the furniture industry fell victim to the blaze, which ignited around 10:00 pm on Monday, as reported by the District Police Office, Mahottari. The inferno swiftly engulfed the premises, consuming furniture and raw materials stored within the establishment.

Efforts to combat the fire involved teams comprising the Armed Police Force, Nepal Police, and local residents, supported by a fire engine. Despite their collaborative endeavors, the true extent of the damage inflicted by the fire is currently under assessment, highlighting the substantial setback experienced by Bharat Furniture and its proprietor, Dukhmochan Thakur.

April 9, 2024