Tag: TIA

  • From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.

    From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.


     

    Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early closing date is on 7th Baisakh, and if it is not fully subscribed, it can be extended until 19th Baisakh, 2080.

  • Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

    Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE


    Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.

    The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.

  • SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).

    SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).


     

    The Securities Exchange Board of Nepal (SEBON) has approved Three Star Hydropower Limited’s proposed initial public offering (IPO) on Chaitra 17.

    The company will now issue 1,231,250 equity shares with NPR 100 par value each. The issue is worth Rs. 12.31 crore. This is equivalent to 25% of the company’s issued capital. After the IPO, the company’s total paid-up capital would be Rs 49.25 crores.

     

  • Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.

    Dolti Power Company will issue 12,71,861 unit IPO shares from Chaitra 28 in an IPO for the general public.


    Dolti Power Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 28th Chaitra of 2079, the company will issue 12,71,861 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.71 crore for the company. This issue’s early closing date is the 3rd Baisakh, and if it is still not fully subscribed, it can be extended until the 12th Baisakh, 2080.

     

  • Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

    Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.


    Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.

     

    Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

  • The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

    The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.


    Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters.

    Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and 3%, or 131,040 units, have been set aside for firm workers.

     

    The remaining 35,81,760 units were distributed to the general population between the 8th and 12th Chaitra, 2079.

    Following the IPO, the company’s paid-up capital will be Rs. 1.12 Arba. Moreover, the promoter-public share ratio would be 51: 49.

    The problem has received 13,93,153 genuine applications.

  • Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25

    Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25


    The “Mega Mutual Fund 1 (MMF1)” NAV report for the month of Falgun has been released.

    “Mega Mutual Fund 1” is a closed-end fund with a 10-year maturity period. The fund size for the initial issue was Rs. 1.25 Arba.

    The fund has invested Rs. 83.86 crores in Falgun’s listed shares. Non-listed shares were worth Rs. 3.66 crores, and fixed deposits were worth Rs. 10 crores. The fund has bank deposits worth Rs. 3.30 crores and other assets worth Rs. 2.39 crores.

     

  • IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.

    IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.


     

    City Hotel Limited has issued an offer letter to Nepalese citizens working abroad and the general public in preparation for its Initial Public Offering (IPO).

    From the 21st Chaitra, 2079, the company will issue 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad. This issue will be closed on the 5th of Baisakh, 2080.

    Similarly, on the 25th of Baisakh, 2080, the company will issue 13,55,940 unit shares with a face value of Rs 100 to the general public.

    This issue’s early closing date is on 28th Baisakh, and if it is not fully subscribed, it can be extended until 8th Jestha, 2080.