Tag: UN

  • Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning

    Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning


     

    .

    The IPO allotment of Supermai Hydropower Limited will take place tomorrow morning, i.e. on 4th Falgun, 2079. The allotment program will be held on the premises of the issue manager Sanima Capital Limited, Naxal.

    The company issued 4,15,000 units of shares of Rs 100 face value as an Initial Public Offering worth Rs 4.15 crore to the general public from the 23rd Magh till the 26th Magh. Out of the total 500,000 units; 10% i.e. 50,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% i.e 10,000 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 25,000 units have been set aside for the mutual funds. The remaining 4,15,000 units are for the general public

     

  • After Merging with Ghodighoda Laghubitta, 138,125 Additional Shares of Unique Nepal Laghubitta Listed in NEPSE For Trading

    After Merging with Ghodighoda Laghubitta, 138,125 Additional Shares of Unique Nepal Laghubitta Listed in NEPSE For Trading


    138,125 additional shares of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) have been listed in NEPSE.

    Ghodighoda Laghubitta (GGBSL) and Unique Nepal Laghubitta signed the merger agreement with each other on Kartik 21, 2077 and endorsed a 1: 0.5 share swap ratio for the merger. Thus, the additional shares after the merger are now listed in NEPSE. UNLB’s total listed shares were 968,200 units. After the merger, 138,125 shares of GGBSL have been added to 968,200 shares, making it a total of 11,06,325 unit shares.

     

  • Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79

    Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79


    Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 6th Annual General Meeting on the 26th of Falgun, 2079. The conference would begin at 10 a.m. that day at the Marsyangdi River View Resort in Bandipur.

    Among the other items on the agenda, the AGM will approve an 18.95% dividend of Rs. 5.11 crores for fiscal year 2078/79. On March 11, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 27 crores. Tax-free bonus shares of 18% and a cash dividend of 0.95% have been suggested. Thus, the bonus shares are worth little more than Rs. 4.86 crores, and the cash dividend is worth slightly more than Rs. 25.57 lakhs.

    There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted.

    The book will be closed on February 14th. As a result, shareholders who held shares prior to that date are entitled to dividends and are welcome to attend this AGM.

  • The NEPSE Index falls further 13.90 points, closing at 2,091.56.

    The NEPSE Index falls further 13.90 points, closing at 2,091.56.


    Unilever Nepal Limited (UNL) rose the most for the day, gaining 8.54%.

    Garima Debenture, 2085 (GBBD85) dropped the most today, losing 9.97%.

    Only one sector finished in the green today, “Hotels and Tourism,” which lost the most 1.24% apiece, while “Manufacturing and Processing” gained 0.90%.

     

     

  • Today’s gold price falls by Rs 200 per tola.

    Today’s gold price falls by Rs 200 per tola.


    Today’s gold price has dropped by Rs. 200 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 103,600 per tola. Yesterday, the cost remained unchanged at Rs. 103,800 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 103,100. In contrast, the cost was kept at Rs. 103,300 per tola yesterday.

    Silver has lost Rs. 5 per tola on the sidelines. Today’s local market price for the gleaming white metal is Rs. 1,290 per tola, compared to yesterday’s closing price of Rs. 1,295 per tola.

    Gold is currently trading at $1,845.30 per ounce in USD, while silver is trading at $21.69 per ounce on the international market.

  • Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares

    Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares


    Aatmanirbhar Laghubitta Bittiya Sanstha is closing the issue of 20,338 units of IPO shares for Nepalese citizens working abroad from today i.e. on 2nd Falgun, 2079. The issue opened on 16th Magh and was supposed to close yesterday i.e. 1st Falgun but since the government of Nepal has decided to announce Falgun 1 as People’s War Day, a public holiday, the issue has been extended till today.

    The issued capital of the company is Rs. 6.23 crores of which 32.625% i.e. 203,380 unit shares worth Rs. 2.03 crores have been set aside to the general public. Out of the total 203,380 units; 10% i.e. 20,388 units have been allocated for Nepalese citizens working abroad, whereas 1.5326% i.e 3,117 units have been set aside for the employees of the company, and 5% of the total offered shares i.e. 10,170 units have been set aside for the mutual funds.

     

  • The NEPSE Index falls by double digits to finish at 2,105.46.

    The NEPSE Index falls by double digits to finish at 2,105.46.


    The NEPSE index closed at 2,105.46 today after losing 16.40 points from the last trading day’s closing. This is a loss of 0.77%. The index lost 60.88 points on Sunday.

    Today the index opened at 2,122.41 and made an intraday high of 2,122.56. It went as low as 2,100.57 and ultimately closed at 2,105.46.

     

  • Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79

    Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79


    For the fiscal year 2078/79, Ngadi Group Power Limited (NGPL) has proposed a 5% dividend.

    The board of directors decided on Falgun 1 to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed.

     

  • The deadline for “10.30%” has been extended. Nepal Standard Chartered Bank Limited

    The deadline for “10.30%” has been extended. Nepal Standard Chartered Bank Limited


    The public offering of the “10.30% Standard Chartered Bank Nepal Limited Debenture” by Standard Chartered Bank Nepal Limited (SCB) has been extended. On the 26th of Magh, the issue was launched. The early deadline was today, on the 1st of Falgun. Because the issue has not been fully subscribed, the deadline has been extended until Falgun 08.

    A total of 24 lakh units will be issued at a par value of Rs.1000 each. 14.40 lakh units of the total issue will be subscribed through private placement, while the remaining 9.60 lakh units worth Rs. 96 crores will be open for public issue, with 5% reserved for mutual funds. The issuance will generate a total of Rs 2.4 Arba.

     

  • 11.25% Global IME Bank Debenture 2084 is available for purchase beginning on March 29.

    11.25% Global IME Bank Debenture 2084 is available for purchase beginning on March 29.


    Global IME Bank Limited has opened public issue of 50 lakh units’ worth of ‘11.25% Global IME Bank Debenture 2084’ from Magh 29, 2079. The issue will conclude on  Falgun 3, 2079 at the earliest and by Falgun 14, 2079 at the latest.

    The par value of the debenture is NRs. 1,000 per unit. From the total 50 lakh units of ‘11.25% Global IME Bank Debenture 2084’, 30 lakh units are allocated for subscription via private placement and 20 lakh units are for the general public, including a 5% quota for mutual funds.

     

  • Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;

    Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;


    Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day.

    Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. 28.81 Crores11% bonus shares and 0.58% cash dividend (for tax purposes) have been proposed by the company. Thus, the bonus shares are worth slightly over Rs. 3.16 crores and the cash dividend is worth slightly over Rs. 16.68 lakhs. The meeting will also elect an independent director and convert the promoter to public shareholding ratio from 60: 40 to 51:49.

     

  • NLG Insurance reports a decrease in business volume and profitability in the second quarter.

    NLG Insurance reports a decrease in business volume and profitability in the second quarter.


     

    NLG Insurance Company Limited (NLG) has released its second-quarter report for fiscal year 1979/80. The company reported a net profit of Rs 10.6 crore, compared to a net profit of Rs 11.4 crore in the same quarter last year. This quarter, NLG’s net profit increased by 3.63%.

    The company’s paid-up capital is Rs.1.32 arba, which is a 10% increase over the previous year. The reserves and surplus were Rs 34.16 crore as compared to Rs 36.59 crore in the previous quarter. The company’s insurance fund is worth Rs. 1.20 Arba, and the contingent fund is worth Rs. 6.2 Crores.