Tag: sharesansar

  • “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.

     

  • “Sonapur Minerals Granted IPO Permission”

    “Sonapur Minerals Granted IPO Permission”


    Sonapur Minerals and Oil Limited has received approval from Nepal’s Securities Board (SEBON) to conduct its Initial Public Offering (IPO) on Shrawan 17. They will issue 1,23,200 unit shares at a premium price. The shares will be offered at Rs 225 per share to locals and employees, and at Rs 237.58 per share to the general public. NIMB Ace Capital will be the issue manager for the share offering. The company had applied for permission to conduct the IPO on the 4th of Asoj.

     

  • NEPSE in 2079-80: Highlights of the Good and Bad

    NEPSE in 2079-80: Highlights of the Good and Bad


     

    The stock market plays a vital role in a country’s economy. It helps companies raise money for growth and job creation while offering investment opportunities for people and institutions. The market’s liquidity allows easy buying and selling of shares, indicating economic health and attracting investments. Proper regulation ensures transparency, good governance, and stability, supporting capital formation and economic growth. In short, a healthy stock market is crucial for a thriving economy.

     

  • “Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”

    “Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”


    In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting its overall profitability negatively.

  • “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.

  • “NEPSE Plunges 28.59 Points, Closes at 2077.58; Market Cap at Rs. 3.05 Trillion”

    “NEPSE Plunges 28.59 Points, Closes at 2077.58; Market Cap at Rs. 3.05 Trillion”


     

    On Tuesday, the Nepal Stock Index (NEPSE) experienced a decline, losing 28.59 points or 1.35 percent compared to the previous day’s closing. The trading session started with an opening value of 2,106.18 and reached its highest point of 2,124.32. However, it faced downward momentum and hit a low of 2,070.33 before finally closing at 2,077.58.

  • “Nabil Investment Banking’s Mutual Funds NAV Report for Ashad; Dividends Expected for Two Schemes”

    “Nabil Investment Banking’s Mutual Funds NAV Report for Ashad; Dividends Expected for Two Schemes”


     

    Nabil Equity Fund (NEF) has released its monthly Net Asset Value (NAV) report for the month of Ashad. The latest NAV is Rs. 10.82, showing an increase from the previous month’s Rs. 10.37. The fund, which started with a size of Rs. 1.25 Arba, has allocated Rs. 75.86 crores in shares of listed companies and Rs. 1.4 crores in non-listed shares. Additionally, it has invested Rs. 37.5 crore in fixed deposit schemes and Rs. 11.02 crore in debentures. NEF also holds Rs. 8.37 crores in bank balance.

     

  • “Nepal Chamber of Commerce Urges Finance Minister to Withdraw SEBON Directive”

    “Nepal Chamber of Commerce Urges Finance Minister to Withdraw SEBON Directive”


     

    The Nepal Chamber of Commerce has expressed concerns to Finance Minister Dr. Prakash Saran Mahat regarding a recent provision by SEBON (Securities Board of Nepal). The provision restricts promoters from selling their stock for a year even after leaving the company’s Board of Directors. The Chamber considers this policy impractical and demotivating for capital mobilization. In a media statement, they have urged the Finance Minister to take quick action to address and resolve this issue.

  • “Dividend Announcement for Laxmi Capital’s Mutual Funds FY 079-80”

    “Dividend Announcement for Laxmi Capital’s Mutual Funds FY 079-80”


     

    Laxmi Capital Market Limited has announced that it will distribute dividends to its mutual fund scheme, Laxmi Unnati Kosh (LUK), for the financial year 2079-80. The company’s Board of Directors decided to provide a 9.5 percent cash dividend to the unit holders, which includes taxes.

     

  • “NEPSE Ends 5-Day Losing Streak with Modest Gain as Intraday Turnover Drops to Rs. 1.85 Arba.”

    “NEPSE Ends 5-Day Losing Streak with Modest Gain as Intraday Turnover Drops to Rs. 1.85 Arba.”


     

    Today, the Nepal Stock Exchange (NEPSE) Index closed at 2,106.18 points, showing a 0.27% increase from yesterday’s close. The index started at 2,097.85, went as low as 2,094.06, and reached a high of 2,126.57 during the day’s trading. It ended on a positive note, gaining 5.84 points after experiencing a decline of 26.14 points yesterday.

     

  • “NEPSE in 2079-80: Significant Highlights of Highs and Lows”

    “NEPSE in 2079-80: Significant Highlights of Highs and Lows”


     

    The stock market, or share market, is crucial for a country’s economic development. It helps companies raise funds, invest in growth, and create jobs. It also offers investment opportunities for individuals and institutions to share in company growth and wealth. The market’s liquidity allows easy buying and selling of shares, acting as an indicator of economic health and attracting both local and foreign investments. Proper regulation ensures transparency, corporate governance, and economic stability. Overall, a healthy stock market supports capital formation, investment, and economic growth, making it vital for a thriving economy.

  • “Upper Tamakoshi Hydropower (UPPER) Announces Book Closure Date for 100% Rights Offering”

    “Upper Tamakoshi Hydropower (UPPER) Announces Book Closure Date for 100% Rights Offering”


     

    Upper Tamakoshi Hydropower Limited (UPPER) will be offering 100% right shares to its existing shareholders. The company will issue 105,900,000 units of right shares at a 1:1 ratio. Shareholders who hold shares until Shrawan 25 will be eligible for the rights offering. The company’s paid-up capital, currently at Rs. 10.59 Arba, will double to Rs. 21.18 Arba after the issuance of the proposed right shares.