Global IME Balance Fund-I (GIBF1) plans to provide a 5% cash dividend to its unit holders for the fiscal year 2079/80. This decision was made during the 165th board meeting of Global IME Capital Limited on October 1, 2023 (Ashwin 15). The cash dividend amounts to Rs. 5.12 Crores and will be distributed to the unitholders of GIBF1.
GIBF1 is a closed-end fund with a maturity period of 10 years and a fund size of Rs. 1.02 Arba.
Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080).
In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% in cash and 10% in bonus shares, based on their paid-up capital of Rs. 3.08 Arba. This translates to bonus shares worth Rs. 30.89 Crores and cash dividends totaling Rs. 1.62 Crores, which includes taxes related to the bonus shares.
Vision Lumbini Urja Company Limited has completed its IPO share allocation to foreign Nepalese employees on September 30, 2023. The company has a total issued capital of Rs. 1.91 Arba, with 10% (19,12,500 units) of shares, worth Rs. 19.12 Crores, allocated to project-affected locals of Kaski District. An additional 10% (19,12,500 units) will be offered to the general public later. Out of this public offering, 10% (191,250 units) was designated for Nepalese citizens working abroad from August 19 to September 2, 2023.
The IPO received a total of 29,822 applications for 7.52 lakh units of shares according to the allotment plan.
On Tuesday, September 30, 2023, Nepal SBI Bank (SBI) and the Nepal Stock Exchange (NEPSE) signed an agreement to list 9 Percent Debenture 2089 (NSBD98). As part of the agreement, 1,418,366 units of these debentures will be listed at a par value of Rs. 1000 per unit. Trading of these shares is expected to commence on Wednesday.
The issue management for this listing was handled by NMB Capital Limited. The shares were officially listed on NEPSE on September 30, 2023, in accordance with existing regulations.
In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index closed at 1,958.72 points, marking a significant loss of 17.56 points or 0.88% compared to the previous day’s close. It had gained 5.19 points the day before.
The trading day began with the index opening at 1,977.83, reaching a low point of 1,954.13, and hitting a high of 1,978.27 during intraday trading.
Throughout the day, there were 281 different stocks traded in 55,096 transactions. The total volume of shares traded was 3,965,917, resulting in a total turnover of Rs. 1.19 Arba. The market capitalization was at Rs. 29.86 Kharba, with a float market capitalization of Rs. 10.51 Kharba.
When will be a good time to sell GBIME stock this year? It’s around 251 now.
View on r/NepalStock by bitminer_626
Can they lie to us? Like they might just make a few bucks from us..
Can we ask them to send the ledger for 1 year?
What should I do?
View on r/NepalStock by [deleted]
Movement of both would mirror the movement of the market haina ta?
View on r/NepalStock by panauti_12
Identify a bullish trend in the stock market. There could be some pattern here.
View on r/NepalStock by killsonicme
Multipurpose Finance Company Limited (MPFL) has recently allocated 15,82,000 units of right shares to its shareholders on the 12th of Ashwin. For those who didn’t receive these shares, the company will begin refunding their money starting on the 16th of Ashwin, 2080.
This offering of 35% right shares by the finance company was open from the 10th to the 31st of Bhadra, 2080. These 15,82,000 units of right shares were issued to eligible shareholders at a par value of Rs. 100, utilizing funds from the paid-up capital, which was initially Rs. 45.20 Crores. Consequently, with the issuance of these right shares in a ratio of 1:0.35, the company’s paid-up capital will increase to Rs. 61.02 Crores.