In the Nepalese market, the price of gold has reached an all-time high. The gain for today is the result of a Rs. 1200 single-day gain from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 107,500 per tola. Yesterday, the rate […]
The Securities Exchange Board of Nepal (SEBON) has approved Dolti Power Company Limited and Bhugol Energy Development Company Limited’s proposed initial public offering (IPO). On Magh 16, both proposals were approved. Dolti Power Company will now issue 1,609,458 equity shares with NPR 100 par value each. The issue is worth Rs. 16.09 crore. This is
The price of gold has surged by Rs. 500 in the domestic market today. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 106,300 per tola. Yesterday, the rate was maintained at Rs. 105,800 per tola. Meanwhile, Tejabi gold is
The government is working to advance a bill that would amend the Money Laundering Prevention Act. On Tuesday, the national review council on money laundering met at the Ministry of Finance and decided to fast track a bill to amend some acts relating to money laundering control and promotion of the professional environment.
Shuvam Power Limited (SHUVAM) is launching an issue of 4,81,882 unit shares with a face value of Rs 100 starting today, March 18th, 2079. The company expects to earn Rs 4.81 crore from this IPO. This issue’s early closing date is 22nd Magh, and if it is not fully subscribed, it can be extended until
Sanima Middle Tamor Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today’s banking hours, Magh 18, and has extended the IPO issue deadline for project-affected locals until 4th Falgun, 2079. The issue had begun on the 4th of Magh, 2079. The company’s issued
Today is the last day to grab the dividend proposed by Taragaon Regency Hotel Limited (TRH), Ridi Power Company Limited (RIDI), and Arun Valley Hydropower Development Company Limited (AHPC). Taragaon Regency Hotel Limited (TRH) has called its 26th AGM on 3rd Falgun, 2079. The meeting will be held in Nepal Tourism Board, Bhrikutimandap, starting
Ru Ru Jalbidhyut Pariyojana Limited (RURU) has posted a decline in net profit by 9.31% in the second quarter (Q2) of the current FY 2079/80. The profit decreased to Rs. 5.96 crores in this quarter from Rs. 6.57 crores in the corresponding quarter of the previous year. RURU has sales revenue worth Rs. 9.15 crores, which has declined by
Today’s gold price has dropped by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 105,800 per tola. Yesterday, the rate remained unchanged at Rs. 106,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,300. In contrast,
For the fiscal year 2078/79, Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has proposed a 5% dividend worth Rs. 70.87 lakhs. The board of directors decided to distribute a 5% dividend on the paid-up capital of Rs. 14.17 crores at its 79th meeting on March 16. A cash dividend of 0.25% and 4.75% bonus shares
Asian Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 27th of Magh, 2079, the company will issue 6,97,200 unit shares with a face value of Rs 100. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing
Finance companies are licensed by the central bank with the goal of providing various banking and financial services to the general public, as the reach of banking and financial services in Nepal remains limited. For the year 2022, NEPSE currently has 15 listed finance companies. To assist enthusiasts in the secondary market, an article has
