Tag: Today

  • Gold Prices in Nepal Decline by Rs. 700 per Tola, Silver Sees a Decrease of Rs. 5

    Gold Prices in Nepal Decline by Rs. 700 per Tola, Silver Sees a Decrease of Rs. 5


    The price of gold witnessed a decline of Rs. 700 per tola today, according to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). The current trading rate for fine gold is reported to be Rs. 1,18,800 per tola, reflecting a decrease of Rs. 700 compared to the previous day’s trading price of Rs. 1,19,500 per tola.

    Similarly, Tejabi gold is now available at Rs. 1,18,250 per tola, indicating a decrease of Rs. 700 from the previous day’s price of Rs. 1,18,950 per tola.

    In addition to the gold adjustments, the price of silver has also experienced a decrease of Rs. 5 per tola. The current market rate for silver is Rs. 1,415 per tola, as opposed to the closing rate of Rs. 1,420 per tola recorded the day before.

  • No EDIS for today, No EDIS obligation left: Meroshare does not let me transfer shares

    No EDIS for today, No EDIS obligation left: Meroshare does not let me transfer shares


    In My purchase source, I can do purchase source but there is nothing under My Holdings. I sold yesterday, and yesterday was also the book closure date according to [Merolagani.com](https://Merolagani.com). Is that the issue? My broker automatically sends me texts saying I should transfer shares within one day or I will incur 20% penalties. So, I am wondering if I already missed the deadline, or if it will let me transfer tomorrow. HELP!!!

    View on r/NepalStock by fuckingsignupprompt

  • Sold GCIL today. Can’t do EDIS . Script gone to No delivery Trades.

    Sold GCIL today. Can’t do EDIS . Script gone to No delivery Trades.


    i sold gcil and other 2 different scripts today. i did EDIS to rest two scripts but GCIL not showing in my holding and i found it was showing in No delivery Trades. what to do now ? shall i be fined ? help me

    View on r/NepalStock by PermissionDue8909

  • Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders

    Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders


    Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have initiated the auction of their promoter shares. Specifically, Bijaya Kumar Thakur is auctioning 26,000 units, while Dhirendra Thakur is auctioning 30,000 units of their respective shares. This auction, which began on the 18th of Poush, 2080, is exclusively open to existing promoter shareholders.

    A total of 56,000 units of promoter shares are up for auction, and only those shareholders who meet the eligibility criteria are encouraged to participate. The auction period spans 15 days from the date of this notice’s publication.

    As of the latest information, the Last Traded Price (LTP) for MPFL stands at Rs. 320. Simultaneously, MPFLPO, another financial instrument associated with Multipurpose Finance Company Limited, holds an LTP of Rs. 150.00, as recorded on December 5th, 2023. These details provide additional context for potential investors considering participation in the ongoing promoter share auction.

  • Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions

    Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions


    Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC), Nepal Life Insurance Company Limited (NLIC), Nepal Investment Mega Bank (NIMB), Kumari Bank Limited (KBL), and Prime Commercial Bank Limited (PCBL). The auction, spanning from the 11th Poush to the 19th Poush, 2080, is open to qualified interested parties, including promoter shareholders, the general public, and institutions.

    The auction involves 68,729 units of promoter shares from Prabhu Bank Limited, each with a minimum bid rate of Rs. 110 per unit. Interested bidders must meet a minimum bid quantity of 5,000 units. Similarly, Prudential Capital Management is offering 92,616 units of promoter shares from ICFC Finance Limited for auction, with a minimum bid rate set at Rs. 175 per unit and a minimum bid quantity of 10,000 units.

    For Nepal Life Insurance Company Limited, the auction encompasses 5,23,112 units of promoter shares, each available at a minimum bid rate of Rs. 325, and a minimum bid quantity of 10,000 units. Additionally, Prudential Capital Management is selling 1,09,678 units of promoter shares from Nepal Investment Mega Bank Limited with a minimum bid rate of Rs. 120 per unit and a minimum bid quantity of 10,000 units.

    The auction includes 5,49,626 units of promoter shares from Kumari Bank Limited, with a minimum bid rate set at Rs. 100 per unit, and a minimum bid quantity of 25,000 units. Furthermore, Prudential Capital Management is auctioning 49,717 units of promoter shares from Prime Commercial Bank Limited, with a minimum bid rate of Rs. 110 per unit and a minimum bid quantity of 5,000 units.

    Bidders are reminded to adhere to the regulations set by both Nepal Rastra Bank and Nepal Insurance Authority to ensure compliance with the specified quantity of shares per entity. Qualified interested parties, including promoter shareholders, the general public, and institutions, can participate in the auction until the 19th Poush. NIC Asia Capital Limited is designated as the auction manager for all six auctions.

  • Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares

    Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares


    Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction commenced on the 11th of Poush, 2080.

    In this auction, the specified quantity of promoter shares for SHINE is 2,04,537 units, with a minimum bidding rate set at Rs. 120 per unit. Interested bidders must adhere to the minimum bid quantity of 5,000 units for promoter shares, while also complying with the Nepal Rastra Bank’s regulation limiting the share quantity per entity. The auction is open for participation by promoter shareholders, the general public, and institutions until the 19th of Poush.

    The auction management responsibility falls on NIC Asia Capital Limited.

    As of the latest available information, SHINE has a Last Traded Price (LTP) of Rs. 398.90.

  • “Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions”

    “Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions”


    The current promoters of Siddhartha Premier Insurance Limited (SPIL) have initiated the sale of 1,78,865 units of promoter shares through an auction. This auction is open to both interested promoter shareholders and the general public/institutions, spanning from the 4th Poush to the 13th Poush, 2080.

    In this auction, a total of 1,78,865 units of promoter shares from SPIL will be made available. Interested parties, including general public/institutions, who meet the qualification criteria, have the opportunity to participate in the bidding process. The minimum bid rate set for this auction is Rs. 220, and the minimum bid quantity for promoters’ shares is 5000 units.

    The auction management for this process is handled by NIC Asia Capital Limited.

    As of the current information, the Last Traded Price (LTP) for SPIL is Rs. 774.00.

  • “Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”

    “Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”


    Shree Ganesh Properties & Investment Private Limited has initiated the auctioning of 1,24,833 promoter shares of Himalayan Life Insurance Limited (HLI), starting from the 1st to the 6th of Poush, 2080.

    During this auction, a total of 1,24,833 promoter shares of HLI are available for bidding, with a minimum bid quantity set at 10,000 units. Bidders are required to adhere to the regulations of the Nepal Insurance Authority, ensuring that the specified quantity of shares per entity is not exceeded. Eligible participants for the auction include interested promoter shareholders, the general public, and institutions. The minimum bid rate for the auction has been set at Rs. 250. Investors interested in participating in the auction should submit their bids at the central office of NIC Asia Capital Limited, located at Thapathali-11, Kathmandu, specifically on the 4th floor of Trade Tower.

    NIC Asia Capital Limited is appointed as the auction manager for this particular issue. As of the latest update, Himalayan Life Insurance Limited has a Last Traded Price (LTP) of Rs. 446.

    A formal Auction Notice has been issued to provide detailed information and guidelines for interested parties.

  • Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders

    Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders


    The current promoters of Kamana Sewa Bikas Bank Limited (KSBBL) have initiated the auction of 5,09,892 units of shares, starting from the 25th of Mangsir, 2080. This auction is exclusively open to interested former promoter shareholders of the bank. Eligible bidders have a 35-day window from the publication date of this notice, which is also the 25th of Mangsir, to submit their bids. Bids should be submitted at the central office of the bank, situated in Gyaneshwor, Kathmandu.

    In the event that no bids are received from the existing former promoter shareholders within the stipulated timeframe, the shares will subsequently be made available for auction to the general public. The closing price of KSBBL stood at Rs. 318 in the previous trading session. It is noteworthy that as of the 15th of August, 2023, KSBBLP (presumably referring to the bank’s promoter shares) has a Last Traded Price (LTP) of Rs. 156.00.

    This auction notice outlines the terms and conditions for former promoter shareholders to participate in the bidding process, emphasizing the specific timeframe and location for bid submission. The market values of KSBBL and KSBBLP provide additional context to potential bidders regarding the current financial standing of the bank and its promoter shares.

  • Gold Prices in Nepal Decline by Rs. 800 per Tola as Global Market Faces Slump

    Gold Prices in Nepal Decline by Rs. 800 per Tola as Global Market Faces Slump


    The price of gold has observed a decline of Rs. 800 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is reported at Rs. 1,18,400 per tola, representing a decrease from its stable position the previous day at Rs. 1,19,200 per tola. Simultaneously, Tejabi gold is being traded at Rs. 1,17,850 today, reflecting a reduction of Rs. 800 per tola from its previous rate of Rs. 1,18,650 per tola.

    Contrasting the recent decrease, on December 4, 2023, fine gold had achieved a historic high of Rs. 1,21,600 per tola, and Tejabi gold had surged to Rs. 1,21,000, marking a record at that time.

    Furthermore, silver has also witnessed a decrease of Rs. 20 per tola, with the current market rate standing at Rs. 1,480 per tola, compared to its closing rate of Rs. 1,500 per tola the day before.

    The global decline in gold prices, now at $2,020.50 per ounce, has had a notable impact on the domestic bullion market. Concurrently, silver is being traded at $24.20 per ounce on the international market.

  • Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola

    Gold Prices in Nepal Experience a Significant Drop of Rs. 2,400 per Tola


    The price of gold has witnessed a notable decrease of Rs. 2,400 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is recorded at Rs. 1,19,200 per tola, representing a decline from its previous day’s stable position at Rs. 1,21,600 per tola. Similarly, Tejabi gold is being traded at Rs. 1,18,650 today, reflecting a decrease of Rs. 2,350 per tola from its yesterday’s rate of Rs. 1,21,000 per tola.

    In contrast to the recent decrease, just a day before, on December 4, 2023, fine gold had achieved a historic high of Rs. 1,21,600 per tola, and Tejabi gold had surged to Rs. 1,21,000, setting a record at that time.

    Additionally, silver has also seen a decline of Rs. 45 per tola, with the current market rate standing at Rs. 1,500 per tola, compared to its closing rate of Rs. 1,545 per tola the day before.

    The global decline in gold prices, currently at $2,031.90 per ounce, has had a significant impact on the domestic bullion market. Simultaneously, silver is being traded at $24.50 per ounce on the international market.

  • Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited

    Prabhu Insurance Initiates Auction of 19,79,424 Promoter Shares of Nepal Reinsurance Company Limited


    Prabhu Insurance Limited has initiated an auction for 19,79,424 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction period is set to run from the 19th to the 26th of Mangsir, 2080.

    During this auction, the specified 19,79,424 units of promoter shares of Nepal Reinsurance Company Limited will be available for bidding. Interested promoter shareholders or institutions are invited to participate, with a minimum bid rate of Rs. 280. The bidding parameters for promoters’ shares include a minimum bid quantity of 10,00,000 units and a maximum bid quantity of 19,79,424 units.

    Prabhu Capital Limited is overseeing the auction process as the auction manager. At the time of this report, Nepal Reinsurance Company Limited (NRIC) has a Last Traded Price (LTP) of Rs. 610.