Tag: value

GBBL Urges Shareholders to Collect Uncollected Dividends: Important Notice for Investors

Garima Bikas Bank Limited (GBBL), formerly known as Subhechha Bikas Bank Limited, Nilgiri Bikas Bank Limited, and Sahara Bikas Bank Limited, has issued a notice urging its shareholders to collect unclaimed dividends.

According to the notice, some investors have yet to collect dividends for the fiscal year 2074/75. These dividends were due in the fiscal year 2074/75 when the bank distributed cash dividends to its shareholders.

The bank has appealed to investors who have not yet claimed their share of dividends to visit NIMB Ace Capital Limited, Lazimpat, Kathmandu, with valid identification within the next 35 days to claim their dividends.

As of the latest update, GBBL has a Last Traded Price (LTP) of Rs. 369.00, reflecting its current market value.

April 10, 2024
Kumari Bank Limited Auctions Promoter Shares of Sagarmatha Lumbini Insurance Company Limited: Opportunity for Investors

Kumari Bank Limited (KBL) has initiated the auction of promoter shares of Sagarmatha Lumbini Insurance Company Limited (SALICO), commencing from today, 28th Chaitra, until 1st Jestha, 2080. This auction presents an opportunity for investors to acquire shares in SALICO, a prominent insurance company in Nepal.

A total of 1,14,612 unit promoter shares of SALICO are being auctioned, with promoter shareholders eligible to participate in the bidding process. The minimum bid rate for SALICO’s auction is set at Rs. 275, with a minimum bid quantity of 1,000 units for promoter shares. While bidders have the option to bid for the entire issue, they must adhere to the regulations set by the Nepal Rastra Bank, ensuring that the specified quantity of shares per entity is not exceeded.

The auction is managed by Kumari Capital, providing a transparent and efficient platform for investors to participate. As of the latest update, SALICO’s Last Traded Price (LTP) stands at Rs. 667.00, indicating the current market value of the company’s shares.

April 10, 2024
Surge in Nepal’s Gold Market: New All-Time High Reached on April 10, 2024

Nepal’s gold market has witnessed an unprecedented surge, reaching a new all-time high on April 10, 2024. According to the Federation of Nepal Gold and Silver Traders’ Association, fine gold has experienced a significant increase of Rs. 500, pushing its price to an exceptional rate of Rs. 1,36,800 per tola, up from its previous rate of Rs. 1,36,300. Similarly, Tejabi gold, another highly sought-after variant, has also seen a rise, now valued at Rs. 1,36,150 per tola, marking a consecutive increase of Rs. 500 from its previous rate of Rs. 1,35,650.

Just the day before, on April 9th, 2024, fine gold had surged to an all-time high of Rs. 1,36,300 per tola. Additionally, the price of silver has also surged, setting new records. Presently priced at Rs. 1,700 per tola, silver witnessed an increase of Rs. 15 from the previous day’s rate of Rs. 1,685 per tola.

The domestic market is witnessing an upward trend in prices, while the international market also plays a significant role. According to the latest update, the current gold rate stands at $2,356.40 per ounce. Internationally, silver remains constant, with prices reaching $28.09 per ounce.

April 10, 2024
Nepal Prepares for Nepal Investment Summit 2024 to Boost Economy

The Government of Nepal is gearing up for the highly anticipated Nepal Investment Summit 2024, set to kick off on April 28 in Kathmandu. This two-day event, themed ‘Emerging Nepal,’ aims to showcase 125 national-level projects across various sectors to attract investment and foster economic development in the country.

Prime Minister Pushpa Kamal Dahal, in discussions with development partners, emphasized the government’s unwavering commitment to creating a secure and conducive investment climate. The Investment Board of Nepal (IBN) has extended invitations to over 1,100 potential investors, with more than 100 projects identified as viable for display at the summit.

Nepal boasts promising investment prospects in sectors such as clean energy, tourism, agro-processing, mining, information and communication technology (ICT), transportation, and manufacturing. Highlighted projects include the Nepal-China Friendly Industrial Park in Jhapa, the Upper Marsyangdi-2 Hydropower Project, grid-connected solar initiatives in Banke and Kapilvastu districts, and a potential agreement with Dabur Nepal for expanding production capacity.

The estimated cost of the Nepal-China Friendly Industrial Park is $786 million, while the Upper Marsyangdi-2 Hydropower Project seeks $647 million in Chinese investment. Grid-connected solar projects and Dabur Nepal’s expansion plan also present significant investment opportunities, showcasing Nepal’s appeal to prospective investors.

Despite past investment summits in 2017 and 2019 aimed at boosting Nepal’s attractiveness to investors, challenges remain in translating summit outcomes into tangible results. The government has undertaken pre-event activities abroad and streamlined preparations, but delays in amending relevant legislation persist, hindering progress towards creating a more investor-friendly regulatory environment.

April 10, 2024
Nepse TMS 6 Login | NEPSE Online Trading System

Agrawal Securities Pvt. Limited

Dillibazar, Kathmandu, Nepal.
01-4424406

Stock Broker Number 06

Nepse TMS 6 Login

Ms. Agrawal Securities Pvt. Ltd. (the Company) has played a pivotal role in Nepal’s stock trading arena since the inception of the open public system. As a major Broker Firm closely affiliated with the Nepal Stock Exchange Ltd. (NEPSE) and the Securities Board of Nepal (SEBON), the Company has been a steadfast participant in the nation’s evolving financial landscape.

In the year 2050 BS, both NEPSE and SEBON granted a brokerage license to CA. Jagdish Agrawal, a significant milestone in the Company’s history. Subsequently, due to regulatory changes, CA. Agrawal transferred the license to the Company while continuing to serve as Chairman and Managing Director, demonstrating unwavering commitment to the organization’s vision.

To ensure the seamless operation of its trading activities, the Company has diligently crafted and implemented numerous by-laws. The Company operates through five distinct and well-structured wings, including the trading wing, accounts and record keeping wing, research wing, D-MAT wing, and marketing wing. These wings function in synergy to deliver comprehensive services to clients.

The research wing, in particular, plays a vital role in gathering and analyzing market data, providing valuable insights and information to inform investment decisions.

At the heart of the Company’s ethos is its established motto, “service for increased value.” The primary objective is to provide clients with prompt and satisfactory service that not only meets but exceeds their expectations.

The Company boasts a rich history of loyal and contented customers. This enduring client loyalty is a testament to the quality of service provided. The Company consistently retains its clients over the long term, while also welcoming new clients into its fold year after year.

Furthermore, the Company has cultivated a culture of camaraderie and mutual respect with its employees. It is worth noting that the Company enjoys a remarkably low staff turnover rate, reflecting the positive work environment and employee satisfaction within the organization.

In conclusion, Ms. Agrawal Securities Pvt. Ltd. stands as a stalwart in Nepal’s stock trading arena, with a rich history, a commitment to excellence, and a strong focus on client satisfaction. With a dedicated team and a client-centric approach, the Company is well-positioned to continue its legacy of success in the ever-evolving financial landscape.

April 10, 2024
Nepse TMS 42 Login | NEPSE Online Trading System

Sani Securities Company Limited

Jamal, Kathmandu, Nepal.
01-4166005

Stock Broker Number 42

Nepse TMS 42 Login

SANI Securities Company Ltd. has firmly established itself as a prominent and trusted stock brokerage firm in Nepal, dedicated to facilitating stock trading for over a decade. As a registered broker under the purview of the Security Board of Nepal (SEBON) and a proud member of the Nepal Stock Exchange Ltd. (NEPSE), we have consistently demonstrated our commitment to regulatory compliance and excellence in our operations.

Our journey has been marked by continuous growth and development, driven by a relentless pursuit of excellence. We firmly believe in pushing our boundaries and exploring new horizons while unwaveringly maintaining the high quality of services we provide to our valued clients. With approximately a 15% share of the overall market volume, SANI Securities Company Ltd. has established a strong presence in Nepal’s financial landscape, a testament to our dedication and expertise.

At the heart of our mission is the unwavering commitment to customer happiness. We understand that the financial well-being of our clients is of paramount importance, and as such, our goal is to uphold the highest business standards by delivering services that are not only current but also tailored to meet the evolving needs of the market. We are committed to staying at the forefront of industry trends and technological advancements to ensure that our clients receive the best possible support and services.

In conclusion, SANI Securities Company Ltd. is a beacon of trust and excellence in Nepal’s stock brokerage sector. With a strong track record, a significant market presence, and a customer-centric approach, we remain dedicated to providing outstanding services and contributing to the success and satisfaction of our valued clients.

April 10, 2024
Nepse TMS 49 Login | NEPSE Online Trading System

Online Securities Pvt. Ltd

Putalisadak, Kathmandu, Nepal.
01-4168298

Stock Broker Number 49

Nepse TMS 49 Login

Online Securities Pvt Company Ltd stands as the premier stock brokerage firm in Nepal, distinguished by its accreditation from the Security Board of Nepal (SEBON) and membership in the Nepal Stock Exchange Ltd. (NEPSE). Our commitment to excellence in Nepal’s stock market is unwavering, bolstered by our relentless pursuit of quality and customer satisfaction.

Since its inception in 2007, Online Securities Pvt Ltd has thrived and grown, solidifying its presence in the financial landscape of Nepal since 2012. Our rapid ascent to becoming a prominent market participant can be attributed to the extraordinary dedication of our management team and the seasoned expertise of our Board of Directors.

A key factor in our success is our unrelenting commitment to providing top-notch services that enhance the value of our clients’ investments. We understand the significance of trust and reliability in the world of stock trading, and we make it our mission to uphold these values.

At Online Securities Pvt Ltd, we believe that growth should not come at the expense of service quality or ethical standards. We adhere to ethical business practices and continuously strive to enhance our services while maintaining the highest level of integrity.

Our primary focus is on meeting the unique demands of our clients, ensuring that their investment goals are met with precision and professionalism. As a beacon of trust and excellence in the Nepal Stock Exchange, we are dedicated to optimizing your investment experience through the NEPSE trade management system, MeroShare, and various other tools and resources available for trading shares in Nepal.

April 9, 2024
Nepse TMS 20 Login | NEPSE Online Trading System

Sipla Securities Pvt. Limited

NewRoad, Kathmandu, Nepal.
01-4255782

Stock Broker Number 20

Nepse TMS 20 Login

Sipla Securities Pvt. Ltd. is a seasoned player in Nepal’s financial landscape, operating with licenses and regulations from SEBON (Securities Board of Nepal), NEPSE (Nepal Stock Exchange), and CDS (Central Depository System). With a remarkable track record spanning 25 years, Sipla Securities Pvt. Ltd. has consistently demonstrated excellence in the industry.

One of the distinguishing aspects of Sipla Securities Pvt. Ltd. is its substantial client base, which exceeds 10,000 satisfied clients. This extensive clientele stands as a testament to the trust and reliability that Sipla Securities Pvt. Ltd. has fostered over the years.

What sets Sipla Securities Pvt. Ltd. apart is its unwavering commitment to maintaining a consistent and high-caliber management team since its inception. This continuity in leadership ensures that the company operates with a wealth of experience and industry expertise.

At the core of Sipla Securities Pvt. Ltd.’s mission is the drive to elevate industry standards through technological innovation and the implementation of best practices. The company recognizes the evolving nature of the financial sector and is dedicated to staying at the forefront by harnessing the power of technology and adhering to the highest professional standards.

As a result, Sipla Securities Pvt. Ltd. envisions itself as a future industry leader, setting new benchmarks for effective investment solutions. The company is committed to offering trusted and reliable services, positioning itself as the go-to choice for individuals and institutions seeking investment opportunities and financial solutions they can rely on.

In conclusion, Sipla Securities Pvt. Ltd. stands as a symbol of excellence and reliability in Nepal’s financial industry. With a rich history, a substantial client base, and an unwavering commitment to innovation and best practices, the company is poised to lead the industry and continue providing effective investment solutions to its valued consumers.

April 9, 2024
Nepse TMS 36 Login | NEPSE Online Trading System

Secured Securities Limited

Putalisadak, Kathmandu, Nepal.
01-4262861

Stock Broker Number 36

Nepse TMS 36 Login

The choice of a brokerage firm is a pivotal decision that can significantly impact your experience in the financial markets, shaping your access to opportunities and influencing the risks and rewards associated with your investments. Secured Securities Limited, headquartered on Pradarshani Marga in the heart of the capital city, stands as a reliable partner for individuals seeking to navigate the complexities of the financial landscape.

Secured Securities Limited operates as a full-service introducing stock brokerage firm, embodying a commitment to transparency and regulatory compliance. We are registered with the Company Registrar’s Office (CRO) under the Company Act of 2006, and we have obtained the essential license from the Securities Board of Nepal (SEBON) under the Securities Businessperson Regulation of 2006.

Distinguishing ourselves as the 36th broker member of Nepal Stock Exchange Ltd. (NEPSE), the country’s sole stock exchange, and serving as a trusted Depository Participant (DP) with CDS and Clearing Limited, we offer a comprehensive suite of services to our valued clients. This includes facilitating investor trading in NEPSE, both online and offline, DP services for efficient security holding, and margin trading services to enable strategic leveraging of investment capital.

At Secured Securities Limited, our mission is clear—to provide our clients with unparalleled trading support, invaluable market intelligence, timely advice, and top-tier stock brokerage services within Nepal’s dynamic secondary market. We understand that your financial goals are as unique as you are, and our commitment is to empower you with the tools and insights necessary to achieve those objectives.

Founded by a group of financial specialists boasting extensive expertise in academia, capital markets, and money markets, our firm is steadfastly dedicated to serving the best interests of our clients. We operate under the guiding principle that we will never recommend an investment opportunity unless we believe it to be among the finest in its category, an investment we would be prepared to make with our own capital.

Our unwavering dedication to maximizing the value of our clients’ assets is driven by the application of our profound knowledge, cutting-edge technology, and an unwavering commitment to our core mission and values. Secured Securities Limited is honored to be your trusted partner on your financial journey, and we eagerly anticipate the opportunity to work together in pursuit of your financial aspirations.

April 9, 2024
Nepse TMS 14 Login | NEPSE Online Trading System

Nepal Stock House Pvt. Limited

Anamnagar, Kathmandu, Nepal.
01-4265888

Stock Broker Number 14

Nepse TMS 14 Login

Nepal Stock House, a revered name in Nepal’s financial landscape, stands as one of the nation’s premier stock brokerage firms. With the imprimatur of Nepal’s vigilant market regulator, the Security Board of Nepal (SEBON), and proud membership with the Nepal Stock Exchange, our firm has consistently delivered excellence since its inception in 2050 B.S.

At Nepal Stock House, we are unwaveringly committed to delivering value-added services to our esteemed clientele. Our ethos revolves around a deep-seated commitment to social responsibility, moral integrity, and strict adherence to legal norms and regulations. We recognize that our role as a financial intermediary comes with a profound responsibility, and we take this responsibility seriously, always placing the best interests of our clients at the forefront of our operations.

Our faith is vested in a team of professionals who embody qualities such as energy, self-motivation, and a keen appetite for learning. Together, we aspire to not only serve our clients’ immediate financial needs but also contribute to their long-term wealth-building aspirations.

As Nepal Stock House continues its journey as a trusted partner in the dynamic world of finance, our commitment to excellence, ethics, and client-centricity remains steadfast. We are honored to be a part of Nepal’s financial evolution and look forward to continuing to serve our clients with dedication and integrity.

April 9, 2024
Nepse TMS 28 Login | NEPSE Online Trading System

Shree Krishna Securities Limited

Dillibazar, Kathmandu, Nepal.
01-4441226

Stock Broker Number 28

Nepse TMS 28 Login

Shree Krishna Securities Ltd. (SKSL) is a renowned and well-established brokerage firm in Nepal, with a storied history that dates back to its inception in 1995. Holding the prestigious member ID 28, SKSL is a registered stock member of the Nepal Stock Exchange Ltd., cementing its position as a key player in Nepal’s financial landscape. Additionally, the firm proudly holds membership with Nepal’s Securities Board, further underlining its commitment to regulatory compliance.

SKSL was built upon a solid foundation characterized by extensive industry experience, unwavering enthusiasm, and a steadfast dedication to its clients. At the core of its operations is a well-managed organization, boasting a team of qualified and dedicated professionals who are driven to provide the highest level of service to clients. This commitment to excellence is deeply rooted in the firm’s core values, which prioritize the unique needs of each and every client.

Notably, SKSL’s Chairman, Mr. Nanda Kishore Mundara, brings a wealth of expertise and leadership to the table. His distinguished track record includes serving as the former president of the Nepal Stock Brokers Association, a testament to his influential role in shaping the direction of the industry.

In conclusion, Shree Krishna Securities Ltd. stands as a respected pillar in Nepal’s financial landscape. With a rich history, a commitment to client-centric values, and a visionary leadership team, SKSL continues to set industry standards for excellence. Clients can trust in the firm’s legacy of experience, dedication, and unwavering commitment to their financial success.

April 9, 2024
Devastating Fire at Bharat Furniture: A Costly Setback for the Industry

A devastating fire broke out at Bharat Furniture, located in Matihani-8 of the district, causing extensive damage estimated at over Rs 3.5 million. Owned by Dukhmochan Thakur, the furniture industry fell victim to the blaze, which ignited around 10:00 pm on Monday, as reported by the District Police Office, Mahottari. The inferno swiftly engulfed the premises, consuming furniture and raw materials stored within the establishment.

Efforts to combat the fire involved teams comprising the Armed Police Force, Nepal Police, and local residents, supported by a fire engine. Despite their collaborative endeavors, the true extent of the damage inflicted by the fire is currently under assessment, highlighting the substantial setback experienced by Bharat Furniture and its proprietor, Dukhmochan Thakur.

April 9, 2024