Tag: sharesansar

  • “Manakamana Engineering Hydropower to Issue IPO Shares to Dolakha Locals and Nepali Expats”

    “Manakamana Engineering Hydropower to Issue IPO Shares to Dolakha Locals and Nepali Expats”


     

    “Manakamana Engineering Hydropower Limited Announces IPO for Locals and Nepalese Citizens Abroad”

    Manakamana Engineering Hydropower Limited has released an offer letter for an Initial Public Offering (IPO) specifically targeting project-affected locals from Dolakha District and Nepalese citizens working abroad. The IPO will be open for subscription from the 19th of Ashad to the 2nd of Shrawan, 2080. It is important to note that if the issue is not fully subscribed by the early closing date, it may be extended until Shrawan 17 for the locals of Dolakha District. However, the early closing date will remain fixed for Nepalese citizens working abroad, and no extension will be granted beyond that date.

  • “SEBON Adds 11.19 Lakhs IPO Shares of Him Star Urja Company to Pipeline”

    “SEBON Adds 11.19 Lakhs IPO Shares of Him Star Urja Company to Pipeline”


     

    “Him Star Urja Company Limited’s IPO Proposal Under SEBON Review”

    Him Star Urja Company Limited has submitted a proposal to SEBON, the capital market regulator, for an initial public offering (IPO). The company plans to issue 1,119,000 shares, which will generate a capital of Rs. 11.19 crores. The application was submitted on Jestha 31, 2080. NIC Asia Capital has been appointed as the issue manager for the public offering.

     

  • “Dibyashwari Hydropower Company Proposes 100% Right Share Issuance”

    “Dibyashwari Hydropower Company Proposes 100% Right Share Issuance”


    Dibyashwari Hydropower Company Limited (DHPL) recently held a Board of Directors (BOD) meeting where they proposed to issue 100% right shares to their shareholders. Currently, DHPL has 2,640,000 unit shares listed in the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 26.40 Crores. With the issuance of the proposed right shares, the company’s paid-up capital will increase to Rs. 52.8 Crores. DHPL intends to utilize the funds raised from this issuance to clear the loans it has taken from banks.

     

  • Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed

    Nepal Republic Media IPO Allotment: 361,989 Applicants Receive 10 Units Each, Staff/Mutual Fund Quota Undersubscribed


    The IPO allotment of Nepal Republic Media Limited has been completed today at Hotel Aloft in Chhaya Center, Thamel, Kathmandu. Nepal Republic Media Limited had issued 35,25,930 units worth Rs 35.25 crores as an IPO for the general public from Jestha 26-30, 2080.

     

  • Controversy Surrounds CARE Ratings Nepal as License Suspension Looms

    Controversy Surrounds CARE Ratings Nepal as License Suspension Looms


    CARE Ratings Nepal Limited (CRNL) has been notified by the Securities Board of Nepal (SEBON) that the action process, which was initiated based on a request for explanation made five and a half months ago, is currently underway. The SEBON’s Board of Directors (BODs) had requested an explanation from CARE Ratings Nepal during their meeting on 24th Poush, 2079, regarding why their license should not be suspended. As CARE Ratings Nepal did not respond to the request, the process of suspending their license was initiated. The suspension was prompted by allegations of providing a credit rating to Ghorahi Cement in a situation involving a conflict of interest.

     

  • “Auction of Promoter Shares of Jyoti Bikash Bank and Prabhu Bank Begins Today”

    “Auction of Promoter Shares of Jyoti Bikash Bank and Prabhu Bank Begins Today”


     

    Jyoti Bikash Bank Limited (JBBL) is offering 168,496 units of promoter shares for sale through a public auction. The auction is open to individual investors, companies, and institutions, and will take place from the 10th to the 17th of Ashad, 2080. The minimum bid rate is set at Rs. 126, and the minimum bid quantity for the promoter shares is 1,000 units. While bidders can bid for the entire issue, they must adhere to the Nepal Rastra Bank’s regulation, which specifies a maximum quantity of shares per entity that should not be exceeded.

     

  • “Gold Plummets Rs. 700 to Rs. 109,800 per Tola; Silver Slips Rs. 25”

    “Gold Plummets Rs. 700 to Rs. 109,800 per Tola; Silver Slips Rs. 25”


    Today, the price of fine gold in the domestic market has dropped by Rs. 700 per tola, while the price of tejabi gold has fallen by Rs. 650 compared to yesterday’s rates. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is currently being traded at Rs. 109,800 per tola, whereas yesterday it was priced at Rs. 110,500 per tola. Similarly, tejabi gold is being traded at Rs. 109,300 today, whereas it was priced at Rs. 109,950 per tola yesterday.

  • Nepal’s Trade Deficit Reaches Rs 1337 Billion in 11 Months

    Nepal’s Trade Deficit Reaches Rs 1337 Billion in 11 Months


     

    In the 11 months of the fiscal year 2080/081 BS, Nepal’s trade deficit has reached Rs 1337.39 billion. According to the data released by the Department of Customs, imports amounted to approximately Rs 1481 billion, while exports stood at Rs 143.58 billion until the end of the month Jestha. However, it is important to note that the volume of foreign trade in the country has decreased in the current fiscal year compared to the previous fiscal year.

     

  • Sana Kisan Bikas Laghubitta and RMDC Laghubitta Joint Transaction Begins on Ashad 24

    Sana Kisan Bikas Laghubitta and RMDC Laghubitta Joint Transaction Begins on Ashad 24


    Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC), both licensed financial institutions in Nepal, have successfully completed their merger process. The merger was approved through a special resolution passed separately by the Annual General Meetings (AGMs) of both companies. The swap ratio of 1:0.87 was endorsed, meaning that shareholders who previously owned 100 shares of RMDC Microfinance would now receive 87 shares of the merged entity. Furthermore, the merger has obtained final permission from regulatory bodies including the Nepal Rastra Bank (NRB), Securities Board of Nepal (SEBON), and the Office of the Registrar of Companies, as per the official letter received.

     

  • Surge in Electric Vehicle Imports Impacts Government Revenue in Jestha

    Surge in Electric Vehicle Imports Impacts Government Revenue in Jestha


     

    The import of electric vehicles in the month of Jestha saw a significant rise, with 3,800 units being imported. This increase in import numbers was observed as businesses are increasingly turning to electric vehicles due to challenges in importing petroleum vehicles. The customs department provided statistics indicating that the import consisted of electric cars, vans, and jeeps. In addition, during the same month, the export amount reached Rs. 11.23 Arba.

     

  • Ghorahi Cement Optimistic about IPO Resumption after SEBON Investigation

    Ghorahi Cement Optimistic about IPO Resumption after SEBON Investigation


     

    .Ghorahi Cement Industry Limited has expressed its belief that the Securities Board of Nepal (SEBON) will restart the process of issuing initial public offerings (IPOs) after conducting a thorough investigation. In a press release, the company addressed the dissemination of false information aimed at tarnishing its reputation in relation to its IPO issuance. The company firmly stated its commitment to transparently addressing and clarifying any allegations made against it.

     

  • NEPSE Weekly Summary: 0.66% Gain with Technical Analysis, Sector Comparison, and Major Highlights

    NEPSE Weekly Summary: 0.66% Gain with Technical Analysis, Sector Comparison, and Major Highlights


     

    The Nepse index ended the week at 2,055.53, gaining 13.46 points or 0.66%. Last week, it closed at 2,042.07, with a gain of 5.28% compared to the previous week. Throughout the week, the index fluctuated between a high of 2,116.89 and a low of 2,038.24, experiencing a total volatility of 78.65 points. In the previous week, the index had a higher volatility of 125.23 points.