Tag: Shares

  • “NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”

    “NEPSE Lists Shares of Merged Asha, Vijaya, and Sana Kisan Bikas Laghubitta After Successful Acquisition.”


    Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully acquired Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) and listed an additional 2,600,000 shares on the Nepal Stock Exchange (NEPSE). This acquisition was based on a 1:1 swap ratio, and the companies finalized the deal with a Memorandum of Understanding (MoU) on March 29, 2079. Before the acquisition, RULB had 2,600,000 listed shares, while ALBSL had 3,816,161 shares. The combined entity now has a total of 6,416,161 shares, equivalent to Rs 64.16 Crores in paid-up capital.

     

  • “Manakamana Engineering Hydropower to Offer 22,76,620 IPO Shares to the General Public Starting Shrawan 28”

    “Manakamana Engineering Hydropower to Offer 22,76,620 IPO Shares to the General Public Starting Shrawan 28”


     

    Manakamana Engineering Hydropower Limited is set to release 2,276,620 IPO shares with a face value of Rs 100 each, starting from the 28th of Shrawan, 2080. The initial closing date for the IPO is on the 31st of Shrawan, and if the shares aren’t fully subscribed by then, the deadline could be extended until the 10th of Bhadra, 2080.

    Earlier, the company had offered 800,000 unit shares valued at Rs. 8 crores to locals affected by the project in Dolakha District. However, only 183,380 units (22.92%) found valid takers. Consequently, the remaining 616,620 unsubscribed units from the project-affected locals are combined with 2,000,000 units (25% of the total issued capital, earmarked for the general public), resulting in a total of 2,616,620 units available for the general public.

  • “Promoter Shares of Kumari Bank & Shine Resunga Bank in Auction Today”

    “Promoter Shares of Kumari Bank & Shine Resunga Bank in Auction Today”


     

    Kumari Bank Limited’s current owners are selling 757,699 units of their shares through an auction, starting from the 19th of Shrawan to the 1st of Bhadra, 2080. Anyone who qualifies can participate, including the general public and institutions. The minimum bid price is Rs. 105 per share, and the smallest bid amount is 1000 units of shares. While bidders can bid for all the shares, they must follow Nepal Rastra Bank’s rule and not exceed a specific quantity of shares per entity.

     

  • “Liberty Energy (LEC) Gets ERC Approval for 50% Right Shares”

    “Liberty Energy (LEC) Gets ERC Approval for 50% Right Shares”


     

    The Electricity Regulatory Commission has given final approval to Liberty Energy Company Limited (LEC) to issue 1 right share for every 2 existing shares held by its shareholders. In its 11th, 12th, and 13th AGM held on 25th Baisakh, the company agreed to provide its shareholders with 50% right shares. The total value of these shares is Rs. 75 Crores, and this issuance will increase the company’s paid-up capital from Rs. 1.50 Arba to Rs. 2.25 Arba.

     

  • “Synergy Power Development (SPDL) Announces 1:0.5 Right Shares from Shrawan 25”

    “Synergy Power Development (SPDL) Announces 1:0.5 Right Shares from Shrawan 25”


    Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application period for these right shares will be from the 25th of Shrawan to the 13th of Bhadra, 2080. SPDL aims to issue 4,032,875 units of right shares, amounting to 50% of the company’s total value, which is Rs. 40.32 Crores.

     

  • “BoK Capital Market Allots IPO of Manakamana Engineering Hydropower on Shrawan 16 to Project-Affected and Migrant Nepalese.”

    “BoK Capital Market Allots IPO of Manakamana Engineering Hydropower on Shrawan 16 to Project-Affected and Migrant Nepalese.”


     

    BoK Capital Market will allocate the Initial Public Offering (IPO) of Manakamana Engineering Hydropower on Shrawan 16, 2080. The company offered 8 lakh unit shares to project-affected locals and 2 lakh unit shares to migrant Nepalese workers, as stated in the media release.

  • “NIC Asia Bank Auctions Promoter Shares of CIT, SWMF, and MSLB Today”

    “NIC Asia Bank Auctions Promoter Shares of CIT, SWMF, and MSLB Today”


    NIC Asia Bank Limited is conducting an auction for promoter shares of three companies from 12th Shrawan to 18th Shrawan, 2080. The companies include Citizen Investment Trust (CIT), Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF), and Mahuli Laghubitta Bittiya Sanstha Limited (MSLB). Qualified investors can participate in the auction for 10,000 units of CIT promoter shares, with a minimum bid quantity of 1000 units. Additionally, 85,940 units of SWMF promoter shares and 4,920 units of Mahuli Laghubitta promoter shares will also be auctioned.

     

  • “Upper Lohore Hydropower Company Announces IPO for General Public: 19,53,279 Unit Shares from Shrawan 18”

    “Upper Lohore Hydropower Company Announces IPO for General Public: 19,53,279 Unit Shares from Shrawan 18”


     

    Upper Lohore Hydropower Company Limited has announced its plan to issue an Initial Public Offering (IPO) to the general public. The IPO will consist of 19,53,279 unit shares with a face value of Rs 100 each, starting from 18th Shrawan, 2080. The company aims to raise Rs 19.53 crore through this offering. The closing date for the IPO is initially set for the 22nd Shrawan, but it can be extended up to the 32nd Shrawan, 2080, if the issue is not fully subscribed by then.

     

  • “Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed”

    “Upper Lohore Hydropower Allots Shares to Dailekh Locals; 59.45% Unsubscribed”


     

    Upper Lohore Hydropower Company Limited has successfully allotted IPO shares to project-affected local residents in the Dailekh District. The allotment process was concluded on the 10th of Shrawan, 2080. The company had issued 509,804 units of IPO shares, which represent 10% of the total issued capital of Rs. 50.98 Crores. Local residents from the Dailekh District were eligible to apply for these shares between 7th Ashad and 5th Shrawan. They had the option to apply for a minimum of 10 units and a maximum of 25,000 units.

  • “240,101 Unit Promoter Shares of Kumari Bank Up for Auction Today”

    “240,101 Unit Promoter Shares of Kumari Bank Up for Auction Today”


     

    The current promoter of Kumari Bank Limited (KBL) is offering 240,101 units of shares for auction exclusively to existing promoter shareholders. The auction period starts on 11th Shrawan, 2080, and will last for 35 days from the date of this notice. Eligible shareholders, who are existing promoters, can participate in the bidding process by submitting their bids at the bank’s central office in Naxal, Kathmandu.

     

  • NMB Laghubitta (NMBMF) Lists 10% Bonus Shares on NEPSE.

    NMB Laghubitta (NMBMF) Lists 10% Bonus Shares on NEPSE.


     

    NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has listed 6,55,862.862 unit bonus shares on the Nepal Stock Exchange (NEPSE). In their 10th Annual General Meeting held on 15th Baisakh, the company approved a 10.5263% dividend for the fiscal year 2078/79. This dividend includes 10% bonus shares valued at Rs. 6.55 crores and a 0.5263% cash dividend (for tax purposes) worth Rs. 34.51 lakhs. These bonus shares have now been officially listed on NEPSE.

     

  • “Auction Begins Today: NIC Asia Bank, Sanima Bank, and Chhimek Laghubitta Promoter Shares”

    “Auction Begins Today: NIC Asia Bank, Sanima Bank, and Chhimek Laghubitta Promoter Shares”


    NIC Asia Bank Limited (NICA) is offering 4,00,000 units of its promoter shares through an auction open to the qualified general public and institutions. The auction is taking place from the 9th Shrawan to the 18th Shrawan, 2080. Interested bidders can participate with a minimum bid rate of Rs. 375 per share, and the minimum bid quantity is 1000 units. While bidders can bid for the entire share offering, they must adhere to Nepal Rastra Bank’s regulations to avoid exceeding the specified quantity of shares per entity.