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  • SEBON Approves 75% of Himal Dolakha Hydropower Right Shares; Company to Issue 1.20 Crore Right Shares Soon

    SEBON Approves 75% of Himal Dolakha Hydropower Right Shares; Company to Issue 1.20 Crore Right Shares Soon


     

    The Securities Board of Nepal (SEBON) has accepted Himal Dolakha Hydropower Company Limited’s (HDHPC) rights selling proposal for Baisakh 12, 2080.

    The hydroelectric business would issue 75% right shares at Rs. 1.20 Arba to its current shareholders in the form of 1,20,00,000 (1: 0.75) units of right shares. The company’s current paid-up capital is Rs. 1.60 Arba. As a result, following the issuance of the right share in the ratio of 1:0.75, the company’s paid-up capital would be increased to Rs. 2.8 Arba.

  • SEBON Approves Upper Syange Hydropower IPO Proposal

    SEBON Approves Upper Syange Hydropower IPO Proposal


     

    The Securities Exchange Board of Nepal (SEBON) has authorized Upper Syange Hydropower Limited’s proposed initial public offering (IPO) on Baisakh 13, 2080.

    The corporation will now issue 870,000 equity shares at NPR 100 per share. The issuance is worth Rs. 8.7 crore. This is equivalent to 39.55% of the company’s issued capital. The company’s total paid-up capital following the IPO allotment will be Rs 22 crores.

     

  • NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company

    NEPSE Bonus Shares of Garima Bikas Bank and Arun Valley Hydropower Development Company


    NEPSE has listed 59,68,135.55 unit bonus shares of Garima Bikas Bank Limited (GBBL).

    On Poush 22, the bank had its 16th AGM and approved a 14.5% dividend of Rs. 66.56 crores for fiscal year 2078/79. On Kartik 24, 2079, the board of directors voted to pay a 14.5% dividend on the paid-up capital of Rs. 4.59 Arba. There was a proposal for 13% bonus shares worth Rs. 59.68 crores and a 1.50% cash dividend (including tax) worth Rs 6.88 crores. NEPSE now lists the same bonus shares.

     

  • Supermai Hydropower earns a profit of Rs. 4.825 crores in the third quarter.

    Supermai Hydropower earns a profit of Rs. 4.825 crores in the third quarter.


     

    Supermai Hydropower Limited (SMH) reported a 41.20% decrease in net profit in the third quarter (Q3) of the current fiscal year 2079/80. Profit declined to Rs. 4.835 crores in this quarter from Rs. 8.22 crores in the previous year’s equivalent quarter.

     

  • NEPSE fell by 0.12% today to close at 1,889.73.

    NEPSE fell by 0.12% today to close at 1,889.73.


     

    The NEPSE index finished at 1,889.73 today, down 2.27 points from the previous trading day’s close. This is a 0.12% decrease. Yesterday, the index fell 13.68 points.

    Today, the index began at 1,892.94 and closed at 1,880.25. In contrast, it reached a high of 1,895.17 before settling at 1,889.73.

     

  • Losses for Laxmi Capital Market Mutual Fund Schemes in Chaitra Reduce; SLK’s NAV Maintains At 9.67

    Losses for Laxmi Capital Market Mutual Fund Schemes in Chaitra Reduce; SLK’s NAV Maintains At 9.67


    Laxmi Equity Fund (LEMF), a closed-end 7-year equity-oriented mutual fund scheme administered by Laxmi Capital Market Limited, showed a modest increase in NAV to Rs. 10.03 at the end of Chaitra from Rs. 9.93 the previous month.

    The plan started with a fund amount of Rs. 1.25 crore. Arba has invested Rs. 77.67 crores in publicly traded shares of several firms.

    LEMF has invested Rs. 15.36 lakh in IPOs and Rs. 5.41 crore in bonds/debentures. This mutual fund has Rs. 13.5 crores in fixed deposits and a bank balance of Rs. 27.78 crores.

    It declared a net loss of Rs. 20.17 crores until the end of Chaitra. The previous month’s loss was Rs. 21.36 crores.

  • Menchhiyam Hydropower IPO Allotment Concludes: Lucky 95,411 Applicants Gets 10 Units Each Whereas Staff Quota Undersubscribed

    Menchhiyam Hydropower IPO Allotment Concludes: Lucky 95,411 Applicants Gets 10 Units Each Whereas Staff Quota Undersubscribed


    Menchhiyam Hydropower Limited’s initial public offering (IPO) was completed today at the Lainchaur Banquet in Kathmandu. The issue manager for this IPO was NIC Asia Capital.
    Menchhiyam Hydropower Limited released 934,915 units worth Rs 9.34 crores to the general public as an Initial Public Offering (IPO) (Baisakh 4- 7, 2080).

    Previously, the business granted 542,583 unit shares worth Rs. 5.42 crores to project-affected Sankhuwasabha District residents, of which only 505,780 were given to legitimate applicants. As a result, the remaining 36,803 unsubscribed shares of project-affected locals are added to the 10,85,167 units (20% of the issued capital designated for the general public) to produce a total of 11,21,970 units for the general public.

  • Bottlers Nepal (Terai) Limited Inviting Shareholders to Claim Overdue Dividend

    Bottlers Nepal (Terai) Limited Inviting Shareholders to Claim Overdue Dividend


    Bottlers Nepal (Terai) Limited (BNT) has sent a notification to stockholders who have not yet received their dividend payments.

    Even after 5 years of dividend distribution, some shareholders are still to receive their dividends from the corporation. Investors who have not claimed the dividend should show their share certificate and evidence of identification, along with copies of the appropriate papers, to the company’s share registrar Nabil Investment Banking Limited, Naxal, Kathmandu.

    Otherwise, the uncollected due dividend shall be put in the “Investor Protection Fund” under section 182 (9) of the Companies Act, 2063.

  • The NEPSE Index fell by 0.72% to close at 1,892, while SHIVM had the most turnover of any scrip.

    The NEPSE Index fell by 0.72% to close at 1,892, while SHIVM had the most turnover of any scrip.


    The NEPSE index finished at 1,892 today, down 13.68 points from the previous trading day’s close. This is a 0.72% decrease. Yesterday, the index rose 17.36 points.

    The index started the day at 1,907.54 and reached an intraday high of 1,913.28. In comparison, it dropped as low as 1,888.89 before closing at 1,892.

    Through 23,429 transactions, 264 scrips changed hands. A total of 2,571,202 shares were traded, totaling Rs. 84.7 crores in turnover. This is less than the previous day’s turnover of Rs. 88.55 Crores.

  • NRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.

    NRB’s 8.87% Development Bond 2085 ‘Chha’ has been listed on the NEPSE.


    The Nepal Stock Exchange (NEPSE) has announced the listing of a new government bond, 8.87% Development Bond 2085 ‘Chha’.

    Nepal Rastra Bank issued the government bond. The 8.87% Development Bond 2085 ‘Chha’, with a face value of Rs. 10 Arba and a maturity period of 6 years, was issued on Chaitra 22, 2079.

    As a result, the bond will maturity on December 22, 2085.

  • Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.

    Support Laghubitta’s Q3: Net Profit decreased by 42.33% to Rs 63.32 Lakhs, NPL decreased by 3.25%, and EPS decreased by 8.86%.


    Support Laghubitta Bittiya Sanstha Limited (SMB) has issued its unaudited financial report for Q3 of FY 2078/79, with a net profit of Rs 63.32 Lakhs, a decrease of 42.88%. Microfinance had a net profit of Rs 1.75 crore in the prior year’s similar quarter.

    It has received Rs 28.78 Crore in deposits, Rs 98.04 Crore in borrowings, and Rs 1.39 Arba in loans. The company’s paid-up capital is Rs 9.52 crore, and it has a reserve of Rs 3.65 crore.

    Net interest income was Rs 4.52 crore in the third quarter, down from Rs 5.42 crore in the previous year’s equivalent quarter. Operating earnings fall 65.7% to Rs 60.35 Lakhs.

  • SEBON has finally approved Nepal Republic Media’s IPO proposal.

    SEBON has finally approved Nepal Republic Media’s IPO proposal.


    The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11.

    The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up capital following the IPO allotment will be Rs 96.75 crores.

    Mega Capital Markets Limited has been designated as the planned IPO’s issue manager.

    Nepal Republic Media Pvt. Ltd., the publisher of Nagarik Nepali Daily, Republica English Daily, and Shukrabar Weekly, is the first media company to become public.