Tag: the

  • Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad

    Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad


    Makar Jitumaya Suri Hydropower Company Limited has distributed IPO shares to project-affected Dolakha District residents and Nepalese citizens working abroad. The allotment program ended on Chaitra 9, 2079.

    The company’s issued capital is Rs. 76 crores, of which 10%, or 7,60,000 unit shares worth Rs. 7.6 crores, were allocated to project-affected Dolakha District residents (Locals of Gaurisankhar gaupalika and Bigu gaupalika). Meanwhile, 20% of the company’s issued capital, or 15,20,000 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 152,000 units, were reserved for Nepalese citizens working abroad. The issue had begun on the 15th of Magh, 2079.

     

  • NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba

    NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba


    NEPSE traded only four days this week due to the Ghode Jatra holiday on Tuesday. Last week, the index closed at 1,933.31, down 3.46% from the previous week.

    This week, the index reached a high of 1,962.14 and a low of 1906.33, resulting in a volatility of 55.81 points. The index had 95.95 points of volatility the previous week.

     

  • Modi Energy IPO closes today for Nepalese working abroad.

    Modi Energy IPO closes today for Nepalese working abroad.


    Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been distributed to project-affected Parbat District residents. Meanwhile, 15% of the company’s outstanding capital, or 43,50,000 unit shares, will be made available to the general public later. This public offering, which will conclude today, has reserved 10% of the shares totalling 435,000 units for Nepali people working overseas.

  • Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline

    Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline


    This is the last day to get a dividend of 15.7895% suggested by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB).

    The corporation has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The conference will begin at 11 a.m. that day at the Hotel New Era in Butwal.

    Among the other items on the agenda, the AGM will approve a 15.7895% dividend of Rs. 2.33 crores for fiscal year 2078/79. The board of directors resolved on March 29 to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital of Rs. 14.79 crores. As a result, the bonus shares are worth somewhat more than Rs. 2.21 crore, while the cash dividends are worth Rs. 11.67 lakhs.

  • Aviyan Laghubitta (AVYAN) shareholders will not receive a dividend in fiscal year 2078/79.

    Aviyan Laghubitta (AVYAN) shareholders will not receive a dividend in fiscal year 2078/79.


    Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has announced that it will not pay dividends in fiscal year 2078/79.

    The AVYAN Board of Directors decided on Chaitra 06, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual General Meeting.

    On Monday, the last trading price of AVYAN was Rs 65

     

  • The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.

    The Mai Khola Hydropower IPO is now closed for Nepalese working abroad and project-affected Ilam District residents.


    From today, 9th Chaitra, 2079, Mai Khola Hydropower Limited will close the issue of its IPO to Nepalese citizens working abroad and project-affected locals of Ilam District. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 39.21 crores, of which 10%, or 392,157 unit shares worth Rs. 3.92 crores, have been allocated to project-affected locals in the Ilam District. Meanwhile, 39% of the company’s issued capital, or 15,29,411 unit shares, will be made available to the general public later. This public issue, which will close today, has allocated 10% of the shares totaling 152,941 units to Nepalese citizens working abr

     

  • Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline

    Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline


    Today is the last day to receive a dividend of 15.7895% proposed by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB).

    The company has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The meeting will begin at 11 a.m. that day at the Hotel New Era in Butwal.

    Among the other items on the agenda, the AGM will approve a 15.7895% dividend of Rs. 2.33 crores for fiscal year 2078/79. The board of directors decided on March 29 to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital of Rs. 14.79 crores. As a result, the bonus shares are worth slightly more than Rs. 2.21 crore, a

     

  • Last Day to Apply for Menchhiyam Hydropower’s Locals IPO; Issue Closes Today

    Last Day to Apply for Menchhiyam Hydropower’s Locals IPO; Issue Closes Today


    Menchhiyam Hydropower Limited has completed the distribution of 5,42,583 units of IPO shares to project-affected locals today, 9th Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079.

    The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha District residents. Meanwhile, 20% of the company’s issued capital, or 10,85,167 unit shares, will be made available to the general public later. This public issue, which closed on the 25th of Falgun, allocated 10% of the shares totaling 108,517 units shares to Nepalese citizens wo

     

  • The NEPSE Index falls 18.15 points to close at 1,915.14; IPO Rookie Stocks MKHC and AHL Make a Positive Circuit

    The NEPSE Index falls 18.15 points to close at 1,915.14; IPO Rookie Stocks MKHC and AHL Make a Positive Circuit


     

    The NEPSE index closed at 1,915.14 today, down 18.15 points from the previous trading day’s close. This represents a 0.94% decrease. Yesterday, the index fell 15.76 points.

    The index opened at 1,933.11 and reached an intraday high of 1,933.56 today. In contrast, it dropped as low as 1,905.96 before closing at 1,915.14.

    Through 29,685 transactions, 259 scrips changed hands. A total of 4,340,270 shares were exchanged for a total of Rs. 1.413 Arba in turnover. This is more than the previous day’s turnover of Rs. 1.333 Arba.

     

  • Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public

    Toda Sagarmatha Jalbidhyut Company Issues 35,81,760 Units IPO Shares To The General Public


    Sagarmatha Jalbidhyut Company Limited is launching an Initial Public Offering (IPO) of 35,81,760 unit shares to the general public today, 8th Chaitra, 2079. This issue’s early closing date is on the 12th Chaitra, and if it is not fully subscribed, it can be extended until the 22nd Chaitra, 2079.

    Out of the total 43,68,000 units, 10%, or 436,800 units, have already been issued and allotted to Nepalese citizens working abroad, 5%, or 218,400 units, have been set aside for mutual funds, and 3%, or 131,040 units, have been set aside for company employees. The remaining 35,81,760 units will be available to the general public. The company’s pai

     

  • Imports and exports both fell in the first eight months of fiscal year 1979/80.

    Imports and exports both fell in the first eight months of fiscal year 1979/80.


    The first eight months of Nepal’s fiscal year 2079/80’s foreign trade statistics have been released. According to government data released on Wednesday, Nepal’s trade deficit fell by 17.86 percent to Rs. 9.53 Kharba from Rs. 11.60 Kharba the previous year.

    The trade deficit is the amount by which a country’s imports cost more than its exports.

    One of the major causes of the national economy’s downturn is the trade deficit. Nepal has been experiencing an imbalance in import and export factors.