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RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public 1
IPO | FPO Business | Market | Economy

RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public

RBB Merchant Banking Limited has concluded the public offering of its mutual fund scheme, “RBB Mutual Fund 2,” on the specified date of 31st Baisakh. The offering, which initially opened on the 17th Baisakh and was intended to close on the 21st Baisakh, had been extended due to an insufficient number of applications. Out of […]

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Nepal Telecom's Q3 Report Highlights Stable Net Profit and Strong Financial Position 3
Business | Market | Economy

Nepal Telecom’s Q3 Report Highlights Stable Net Profit and Strong Financial Position

Nepal Telecom (NTC) Releases Q3 Report with Stable Net Profit, Increased Investments, and Strong Financial Position Nepal Doorsanchar Company Limited (NTC), commonly known as Nepal Telecom, has published its third-quarter report for the fiscal year 2079/80. The report reveals that the company has achieved almost similar figures in Net Profits compared to the corresponding quarter […]

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Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease 5
Gold | Silver | Forex

Gold Prices in Domestic Market Decline by Rs. 800 per Tola, Silver Also Witnesses a Decrease

Gold prices in the domestic market have experienced a decline of Rs. 800 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association indicates that fine gold is currently trading at Rs. 110,800 per tola, down from yesterday’s rate of Rs. 111,600 per tola. Similarly, Tejabi gold is being traded […]

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Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited 7
Dividend Business | Market | Economy

Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited

Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited. The current paid-up capital of the company is Rs. 1.60 Arba, and […]

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IPO of Three Star Hydropower Limited closes for Nepali citizens abroad and extends deadline for project-affected locals 9
IPO | FPO

IPO of Three Star Hydropower Limited closes for Nepali citizens abroad and extends deadline for project-affected locals

Three Star Hydropower Limited is closing the initial public offering (IPO) for Nepalese citizens working abroad today, i.e., 25th Baisakh, 2080, and has extended the deadline for project-affected locals to apply for the IPO until 9th Jestha. The IPO issue was opened on 11th Baisakh, 2080. The company’s issued capital is Rs. 49.25 Crores, of […]

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Nepalese Stock Exchange (NEPSE) index experiences decline in trading with all sector indices closing red 11
NEPSE NEWS

Nepalese Stock Exchange (NEPSE) index experiences decline in trading with all sector indices closing red

The Nepalese Stock Exchange (NEPSE) experienced a decline today, with the index closing at 1,850.61, a decrease of 1.02% or 19.12 points from the previous trading day’s closing. The index had gained 12.73 points yesterday but suffered a loss today. The trading day opened at 1,870.41, and the intraday high was 1,872.22, while the intraday […]

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Modi Energy Limited's IPO oversubscribed by 2.14 times; Issue to close today 13
IPO | FPO

Modi Energy Limited’s IPO oversubscribed by 2.14 times; Issue to close today

Modi Energy Limited is wrapping up its IPO issuance of 55,59,420 unit shares worth Rs. 100 each to the general public from today i.e. May 7, 2023. The issue was opened on May 1, 2023. However, the IPO issue is already oversubscribed by 2.14 times so far as 1,062,761 applicants have applied for a total […]

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NEPSE index gains 0.69% with all sector indices closing green 15
NEPSE NEWS

NEPSE index gains 0.69% with all sector indices closing green

The Nepal Stock Exchange (NEPSE) index gained 12.73 points today, closing at 1,869.73, which is a 0.69% increase from the last trading day. The index had a low of 1,846.67 and a high of 1,875.26 during the day, opening at 1,856.97. The trading volume was 276 scrips traded via 20,655 transactions, with a total of […]

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Rawa Energy Development Limited closes IPO for project-affected locals in Nepal 17
IPO | FPO

Rawa Energy Development Limited closes IPO for project-affected locals in Nepal

Rawa Energy Development Limited is a public limited company that was initially incorporated as a private limited company on August 16, 2009. It was later converted into a public limited company on June 28, 2019. The company is engaged in setting up Hydroelectric Projects (HEP) in Nepal, and it is promoted by business persons who […]

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Gold Price Breaks All-Time High Record Again, Silver Also Up 19
Gold | Silver | Forex

Gold Price Breaks All-Time High Record Again, Silver Also Up

The price of gold in Nepal has broken an all-time high record once again, gaining Rs. 1200 in a single day. As per the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 111,800 per tola, while Tejabi gold is being traded at Rs. […]

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