The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 62,500 units of shares, starting from today, which is the 29th of Bhadra, and continuing until the 12th of Ashwin, 2080. This auction is open to existing interested promoter shareholders, as well as the general public and institutions. The auction […]
In the domestic market today, the price of gold has seen a notable increase, surging by Rs. 600 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is currently being traded at Rs. 111,800 per tola, marking a significant rise from yesterday’s rate of
NIC Asia Bank Limited (NICA) has made an important financial announcement by declaring a dividend for its investors. The decision was reached during a meeting of the bank’s board of directors on Thursday, the 28th of Bhadra. The dividend distribution plan is based on the profits generated during the financial year 79/80. Under the proposed
This week, the Nepal Stock Exchange (NEPSE) was active for only four trading days due to Thursday being a holiday. During these four days, the NEPSE index showed significant upward momentum, closing at 2007.06 points. This marked an impressive gain of 74.61 points, equivalent to a 3.86% increase. This positive performance was a stark contrast
Himalayan Capital Limited, the issue manager for the “Himalayan 80-20” MF scheme’s IPO, has announced the completion of allotment for the 85 million units made available to the general public. Initially, Himalayan Capital had offered 10 million units valued at Rs 1 billion, priced at Rs 10 per unit. Out of this total, 15 percent
On Tuesday, which was Bhadra 26 in the Nepali calendar, the Chirkhwa Hydropower IPO was allocated to Nepali migrant workers living abroad. The IPO distribution took place at the office of RBB Merchant Banking Limited, which serves as the company’s IPO issue manager.
The price of gold saw a decrease of Rs. 800 per tola (fine gold) compared to Tuesday’s trading. Today, fine gold is valued at Rs. 1,11,200 per tola, while tejabi gold is priced at Rs. 110,650. In contrast, on Tuesday, fine gold was at Rs. 1,12,000 per tola, and tejabi gold was at Rs. 1,11,450.
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 2,007.06 points, marking a significant increase of 39.48 points or 2.00% compared to the previous day’s close, which had seen a loss of 19.42 points. The trading session began with the index opening at 1,967.26 and hitting an intraday low at 1,967.25 points.
Everest Bank Limited (EBL) has proposed a 20.53% dividend for the fiscal year 2079/80. In their 357th Board of Directors (BODs) meeting on Bhadra 27, they decided to distribute this dividend as a 10.53% cash dividend and a 10% bonus share from their paid-up capital, which is currently at Rs. 10.69 Arba. It’s important to
Mandu Hydropower Limited recently offered 12,05,320 IPO shares to the general public at a price of Rs. 206 per share, comprising a face value of Rs. 100 and a premium price of Rs. 106. This offering took place from the 10th to the 13th of Bhadra, 2080. Initially, the company had allotted 272,730 units of
Synergy Power Development Limited (SPDL) has decided to extend the deadline for its rights offering. The rights offering commenced on the 3rd of Bhadra, 2080, and was initially set to conclude on the 24th of Bhadra. However, the company has now extended the deadline to the 31st of Bhadra, 2080. In this rights offering, SPDL
Daramkhola Hydro Energy Limited has submitted an IPO proposal to SEBON (Securities Board of Nepal). The proposal outlines the issuance of 3,950,000 shares, with the aim of raising Rs. 39.5 crores for the company. This application was submitted on Bhadra 05, 2080. For the public offering, Laxmi Capital has been appointed as the issue manager.
