Tag: Today

  • Gold Price in Nepal Drops by Rs. 500 per Tola, Silver Remains Stable

    Gold Price in Nepal Drops by Rs. 500 per Tola, Silver Remains Stable


    The price of gold in Nepal has experienced a decrease of Rs. 500 per tola on the latest trading day. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current price of fine gold stands at Rs. 1,15,400 per tola. This marks a slight decline from the previous day’s rate, which was Rs. 1,15,900 per tola. In parallel, Tejabi gold is now being traded at Rs. 1,14,850, representing a decrease from yesterday when it was priced at Rs. 115,350 per tola.

    In contrast to the fluctuations in the gold market, the price of silver has remained stable at Rs. 1,415 per tola in Nepal.

    On the global scale, the current price of gold is at USD $1,983.30, while silver is trading at $23.12 per ounce.

  • Gold Prices Surge by Rs. 700 Per Tola in Nepali Market

    Gold Prices Surge by Rs. 700 Per Tola in Nepali Market


    The price of gold, a highly valued precious metal, has witnessed a notable increase of Rs. 700 per tola compared to the trading price recorded on Wednesday. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reported today that fine gold is currently being traded at Rs. 1,15,700 per tola, marking a Rs. 700 uptick from Wednesday’s trading rate of Rs. 1,15,000 per tola.

    In a similar fashion, Tejabi gold is available today at Rs. 1,15,150 per tola, demonstrating a price increase of Rs. 700 in comparison to yesterday’s rate, which stood at Rs. 1,14,450 per tola. It’s worth noting that just on October 29, 2023, gold prices reached historic levels, with fine gold commanding a remarkable price of Rs. 1,17,000 per tola, and Tejabi gold was trading at Rs. 1,16,450 per tola.

    Furthermore, the price of silver has also seen an uptick, with an increase of Rs. 20 per tola. The current market rate for silver stands at Rs. 1,405 per tola, up from yesterday’s closing rate of Rs. 1,385 per tola.

    On the international front, the current rate for gold stands at USD $1,985.30, while silver is being traded at $22.99 per ounce.

  • Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders

    Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders


    The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter shareholders, starting from today. Manlaxmi Thapa, a promoter of LBBL, is overseeing the sale of these 37,319 units of promoter shares to fellow existing promoter shareholders. Interested individuals are invited to participate in this auction, and they have a 35-day window from the date of this notice’s publication, which falls on the 15th of Kartik.

    Potential investors who wish to take part in this auction should submit their bids at the bank’s central office, located in Dillibazar, Kathmandu. In the event that no bids are received from the current founder shareholders within the specified timeframe, these shares will subsequently become available for auction to the general public.

    As of the most recent trading day, LBBL had closed at a share price of Rs. 372.70. Conversely, the last traded price (LTP) for LBBL Promoter Share Auction (LBBLPO) was reported at Rs. 182.00 as of the 4th of June, 2023. This LTP represents the price at which these shares were most recently traded before the initiation of this auction.

  • Kumari Bank Limited Promoters Auction 5,30,000 Shares at Rs. 101 Minimum Rate for Public and Institutions

    Kumari Bank Limited Promoters Auction 5,30,000 Shares at Rs. 101 Minimum Rate for Public and Institutions


    Starting today, the existing promoters of Kumari Bank Limited (KBL) have initiated the auction of 5,30,000 units of shares, making them available to both the general public and institutions. This auction commenced on the 14th of Kartik, 2080, as per the Nepali calendar.

    The minimum auction rate for the 5,30,000 promoter shares of KBL has been set at Rs. 101. Eligibility for participation in the auction extends to both the general public and institutions, with a submission deadline for bids falling on the 20th of Kartik.

    Shareholders interested in bidding for these shares should submit their bids at Kumari Capital Limited, located at Naxal, Nagpokhari, Kathmandu.

    Notably, Kumari Bank Limited (KBL) had closed at a share price of Rs. 156.00 the previous day. In contrast, Kumari Bank Limited Promoter Share Auction (KBLPO) had a last trading price (LTP) of Rs. 101 as of the 18th of October, 2023.

  • “Infinity Laghubitta Bittiya Sanstha Limited (ILBS) Initiates Auction of Promoter Shares”

    “Infinity Laghubitta Bittiya Sanstha Limited (ILBS) Initiates Auction of Promoter Shares”


    The current promoters of Infinity Laghubitta Bittiya Sanstha Limited (ILBS) have initiated an auction of 99,372 shares, making them available to both existing promoter shareholders and the general public or institutions. This auction commenced on the 26th of Ashwin, 2080. Interested parties, including individuals and promoter shareholders, have a 15-day window to place their bids. It is important to note that all bids must be submitted at ILBS’s central office located in Gaidakot, Nawalparasi. The last traded price (LTP) for ILBS as of now is Rs. 622.

    In addition to the aforementioned auction, ILBS’s promoters are also offering 66,962 shares exclusively for existing promoter shareholders. This auction, like the previous one, began on the 26th of Ashwin, 2080. Existing promoter shareholders who wish to participate in the auction have the opportunity to do so. However, if no bids are received from the existing founder shareholders during the specified timeframe, these shares will later become open for auction to the general public. Interested investors who fall into this category should ensure that their bids are submitted at ILBS’s central office in Gaidakot, Nawalparasi within 35 days from the date of the notice’s publication. As of September 25, 2023, ILBSP has an LTP of Rs. 380.

  • 1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today

    1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today


     

    The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital Limited, situated in Baghdurbar, JDA Complex, Kathmandu.

    MBL’s closing price on the previous day was Rs. 205.00.

     

  • Nearly 19% of Machhapuchchhre Bank Promoter Shares Up for Auction Today

    Nearly 19% of Machhapuchchhre Bank Promoter Shares Up for Auction Today


    The promoter of Machhapuchchhre Bank Limited (MBL) is putting up 1,12,32,492 shares for auction to fellow promoters. This amounts to around 18.95% of all promoter shares or 51% of ownership. With a total of 11.62 Crore shares listed on the Nepal Stock Exchange (NEPSE), the auctioned shares represent about 9.66% of all shares. This move is expected to draw investor interest and could potentially change MBL’s ownership structure.

     

  • Prabhu Bank Auctions 1,52,805 Promoter Shares Starting Today

    Prabhu Bank Auctions 1,52,805 Promoter Shares Starting Today


    The current promoters of Prabhu Bank Limited (PRVU) are offering 1,52,805 promoter shares for auction exclusively to existing promoters, starting today. Eligible shareholders have a 35-day window, starting from the notice publication date of 23rd Ashwin, to submit their auction bids. These bids should be presented at the bank’s central office in Babarmahal, Kathmandu.

    At the time of writing, PRVU has a Last Traded Price (LTP) of Rs. 158.10.

     

  • Closing Today: Public Issue of 10% Citizens Bank Debenture 2090

    Closing Today: Public Issue of 10% Citizens Bank Debenture 2090


    Citizens Bank International Limited (CZBIL) is concluding the issuance of 30,00,000 units of “10% Citizens Bank Debenture 2090” to the general public and institutions today, which is the 22nd Ashwin, 2080.

    These debentures come with a 10-year maturity period and offer a 10% coupon rate. The application period for these debentures opened on the 17th Ashwin, 2080.

    Out of the total 30 lakh units being issued, 60% or 18 lakh units are allocated for private placement, while the remaining 12 lakh units valued at Rs. 1.2 Arba are available for public subscription. Additionally, 5% of these units are reserved for mutual funds. This issuance is expected to generate a total of Rs. 3 Arba.

     

  • Prabhu Bank and Kumari Bank Promoter Shares in Auction Today

    Prabhu Bank and Kumari Bank Promoter Shares in Auction Today


     

    Prabhu Bank Limited (PRVU) is offering a unique opportunity for interested individuals and institutions to acquire 20,202 units of promoter shares through a public auction. These shares, previously intended for eligible promoter shareholders, are now available to the general public due to the absence of applications within the initial deadline. Don’t miss out on this chance to become a part of PRVU’s ownership. Submit your bids within the next 15 days from the publication of this notice at the bank’s central office in Babarmahal, Kathmandu, and secure your stake in a growing financial institution. Invest in Prabhu Bank Limited today!

     

  • 10% Citizens Bank Debenture 2090 Public Issue Now Open

    10% Citizens Bank Debenture 2090 Public Issue Now Open


     

    Introducing a lucrative investment opportunity with a total of 30 lakh units on offer at a par value of Rs. 1000 per unit. This unique offering includes a private placement portion comprising 60% of the total units, totaling 18 lakh units, and a public issue segment with 12 lakh units, valued at Rs. 1.2 Arba. Additionally, 5% of the public issue allocation is reserved for mutual funds. The issuance, expertly managed by Himalayan Capital Limited, is set to raise a substantial Rs. 3 Arba in total funds. Investors can participate by applying for a minimum of 25 units, up to the maximum limit of all available units, presenting an enticing opportunity to diversify portfolios and potentially reap significant returns. Don’t miss your chance to be part of this exciting venture.

     

  • What’s do y’all think on Sherbahadur Speech on today context of Nepal’s Economy

    What’s do y’all think on Sherbahadur Speech on today context of Nepal’s Economy


    No Capital that is enough to pay the government employees

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