Tag: Successfully

  • Sarbottam Cement Successfully Allots IPO Shares to Overseas Nepali Workers; ICRA Nepal Reaffirms Ratings

    Sarbottam Cement Successfully Allots IPO Shares to Overseas Nepali Workers; ICRA Nepal Reaffirms Ratings


    Sarbottam Cement Limited has successfully allocated IPO shares to Nepali citizens employed abroad, concluding the allotment process on the morning of 17th Magh, 2080, at the premises of the issue manager, Global IME Capital, located in Kathmandu.

    The cement company had floated 267,000 units of IPO shares through the book-building process, offering them at a price of Rs. 360.90 exclusively for Nepali citizens working overseas. The subscription period for this Initial Public Offering extended from the 25th of Poush to the 10th of Magh, 2080. During this timeframe, interested applicants had the opportunity to apply for IPO shares, with a minimum application size of 50 units and a maximum of 10,000 units.

    The IPO garnered significant attention, evidenced by the receipt of 33,824 applications for the available 21,39,220 unit shares. Following the allocation process, it was observed that 14 applications, originally applying for 720 units, were disqualified. However, the majority of 33,810 applications were approved.

    Among the approved applications, 5,340 applicants out of the total 33,810 were successfully allotted 50 units each through a lottery system as part of the IPO allocation process.

    In a related development, ICRA Nepal has reaffirmed Sarbottam Cement Limited’s issuer rating as [ICRANP-IR] BBB+, emphasizing its stability. Additionally, ICRA Nepal has maintained the long-term rating at [ICRANP] LBBB+ and the short-term rating at [ICRANP] A2 for Sarbottam’s bank loan limits. This reaffirmation by ICRA Nepal underscores the company’s creditworthiness and financial standing in the market.

  • Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District

    Rawa Energy Development Limited Successfully Allots IPO Shares to Project-Affected Locals in Khotang District


    Rawa Energy Development Limited has successfully completed the allotment of IPO (Initial Public Offering) shares to project-affected locals of the Khotang District. The allotment program concluded on 1st Jestha, 2080.

    The company’s total issued capital is Rs. 28 Crores, out of which 10%, equivalent to 2,80,000 unit shares worth Rs. 2.8 crores, were specifically allocated to project-affected locals of the Khotang District. The IPO had opened for subscription on 23rd Chaitra, 2079, with the original closing date set for 7th Baisakh, 2080. However, since the IPO did not receive full subscription by the initial closing date, the deadline was extended until 24th Baisakh, 2080. During the subscription period, locals had the opportunity to apply for a minimum of 10 shares and a maximum of 10,000 shares.

    According to the notice published today, Rawa Energy Development Limited has confirmed that the allotted units have been assigned to valid applicants on 1st Jestha, 2080. This completion of the allotment process marks an important step in involving project-affected locals from the Khotang District in the company’s operations.

  • How to transfer balance in NTC

    How to transfer balance in NTC


    If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast and easily.

    This post will show you how to quickly transfer your balance from NTC to NTC. We’ll also give you some pointers on how to get the most out of your NTC service.

    How To Transfer Balance In NTC

    You can transfer your balance in NTC in different ways. You can transfer your balance in NTC via different methods. We will discuss two methods in this blog post.

    You can transfer the NTC balance without a security code. And, also there is another way to transfer the balance where you have to provide your valid security code.

    How to Get the Security Code of NTC?

    To transfer balance NTC to NTC you have to require your security code. If you know the security code of the sender’s NTC card, You can proceed instant balance transfer to NTC. but, if you don’t know your security number, here is the complete guide on how you can get that.

    To Get the Security Code of NTC, follow this process:

    1. Open the messaging app on your phone.
    2. Type SCODE as content
    3. Send it to 1415
    4. Wait for the reply

    You’ll get an instant reply “Dear customer, your password is being reset.”

    After a few seconds you’ll get another reply from the telecom, “Dear Your Name, the password reset has been completed according to your request. Your new password is ********. If you need further support, please contact”

    “Our customer service staff –**-***-****   **:**:**”

    After receiving your security code for the NTC sim card, you can use this code to transfer the balance in NTC to NTC.

    Note: Your security code is always 8 digits long.

    NTC Balance Transfer Through USSD

    After you know your security code, follow these steps for a successful NTC balance transfer.

    1. Open the call-dialing keypad on your phone
    2. Type *422*
    3. Enter the security code
    4. Type *
    5. Now, enter the NTC number where you want to transfer the balance
    6. Type * again
    7. Enter the amount you want to transfer
    8. Type #
    9. Now, press the call button

    Congratulations!! You have successfully transferred the balance.

    You’ll get a notification on your messaging app “*** Rupees has been successfully transferred to 98********”

    NTC Transfer Balance Via NT App

    You can transfer your balance in NTC via the NT App. To do this, you will need to have the NT App installed on your phone. Once you have the NT App installed, you will need to open it and sign in. Once you are signed in, you will see your balance at the top of the screen.

    You can download the NT app from the google play store and apple store. This is the best and fastest way to NTC balance transfer. You can transfer NTC balance without a security number.

    Follow this process to transfer the balance in NTC using NT App:

    1. Open the NTC app
    2. Click the Red Button that says Transfer Balance
    3. Enter the destined prepaid NTC mobile number
    4. Enter the amount you want to transfer
    5. Click OK
    6. The OTP will be asked and at the same time will be sent to your number.
    7. Validate the OTP

    You have successfully transferred the balance into the number!!

    You can do the process of NTC balance transfer using the NT App. NTC to NTC balance transfer can be done without a security code in NT App. If you want to transfer your NTC balance without a security code, use NT App Online. If you don’t have internet connectivity you can also use this app offline to transfer your NTC balance.