Warren

Kathmandu Metropolitan City Sees Significant Revenue Increase, Collects Rs 1.17 Billion in Two Months 1
Business | Market | Economy

Kathmandu Metropolitan City Sees Significant Revenue Increase, Collects Rs 1.17 Billion in Two Months

Over the past two months, the Kathmandu Metropolitan City (KMC) has amassed a revenue of Rs 1.17 billion, marking a significant increase of nearly Rs 230 million compared to the same period in the previous fiscal year. During the corresponding timeframe last year, KMC had collected Rs 934.1 million in revenue. The notable surge in […]

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NEPSE Index Records Modest Loss as Sonapur Minerals Leads Trading Activity 3
SS

NEPSE Index Records Modest Loss as Sonapur Minerals Leads Trading Activity

The Nepal Stock Exchange (NEPSE) Index concluded at 1,858.56 points, registering a slight loss of 5.83 points or 0.31% compared to the previous day’s closing. Notably, the index had experienced a more significant drop of 14.29 points during the last trading session. The day’s trading activities commenced with the index opening at 1,864.19, reaching an […]

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Nabil Equity Fund (NEF) Nearing Maturity with Consistent Dividends for Investors 5
Dividend

Nabil Equity Fund (NEF) Nearing Maturity with Consistent Dividends for Investors

Nabil Equity Fund (NEF), a closed-end mutual fund with a 7-year duration and a total size of Rs. 1.25 Arba, is set to reach its maturity date on the 18th of Kartik, 2080. This fund is managed by Nabil Investment Banking Limited, with Nabil Bank Limited serving as the fund’s sponsor. Notably, the fund has […]

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Kumari Bank Limited Promoters Auction 5,30,000 Shares at Rs. 101 Minimum Rate for Public and Institutions 7
Business | Market | Economy

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 […]

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Chirkhwa Hydro Power IPO Allotment Sees Overwhelming Demand, 11.14 Times Oversubscribed 9
IPO | FPO

Chirkhwa Hydro Power IPO Allotment Sees Overwhelming Demand, 11.14 Times Oversubscribed

The initial public offering (IPO) allotment for Chirkhwa Hydro Power Limited is scheduled for this Thursday, falling on the 16th of Kartik, 2080, in accordance with the Nepali calendar. The allotment event will take place at the premises of the issue manager, RBB Merchant Banking Limited, located in Kathmandu, commencing at 1 PM. Out of […]

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Mirmire Laghubitta FPO Allotment Set for Thursday with Overwhelming Demand 11
IPO | FPO

Mirmire Laghubitta FPO Allotment Set for Thursday with Overwhelming Demand

The FPO (Follow-on Public Offering) allotment for Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) is scheduled for this Thursday, which falls on the 16th of Kartik, 2080, as per the Nepali calendar. The allocation event will take place at the premises of Nepal SBI Merchant Banking Limited in Hattisar, Kathmandu, beginning at 8:30 AM. As of […]

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NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors 13
NEPSE NEWS

NEPSE Index Declines as Market Records Mixed Performances among Stocks and Sectors

The Nepal Stock Exchange (NEPSE) Index concluded the day at 1,864.40 points, recording a decline of 14.29 points, or 0.76%, compared to the previous day’s closing. The index had made a slight gain of 3.04 points during the last trading session. The trading day began with the index opening at 1,878.29, reaching an intraday low […]

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Struggles of Newly Listed Companies: SONA and GCIL Face IPO Price Pressures in Secondary Market 15
Business | Market | Economy

Struggles of Newly Listed Companies: SONA and GCIL Face IPO Price Pressures in Secondary Market

Sonapur Minerals and Oil Limited (SONA) had its initial public offering (IPO) priced at Rs. 237.58 per share, but after entering the secondary market, it encountered ongoing difficulties. The stock experienced a troubling pattern, with negative circuit breakers triggered for three consecutive days, causing a significant decline in its trading value. Currently, SONA’s share price […]

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Mathillo Mailun Khola Jalvidhyut IPO Allotment Concluded; 128,420 out of 11,85,642 Valid Applicants Get 10 Units Each 17
IPO | FPO

Mathillo Mailun Khola Jalvidhyut IPO Allotment Concluded; 128,420 out of 11,85,642 Valid Applicants Get 10 Units Each

The IPO allotment process for Mathillo Mailun Khola Jalvidhyut Limited has been successfully completed at the offices of the issue manager, Sanima Capital Limited in Kathmandu. The company had previously offered 12,84,200 unit IPO shares at a par value of Rs. 100 to the general public during the period from the 18th to the 22nd […]

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RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81 19
Business | Market | Economy

RSDC Reports 6.65% Growth in Net Profit in First Quarter of Fiscal Year 2080/81

RSDC Laghubitta Bittiya Sanstha Limited (RSDC) has recently released its first quarterly report for the fiscal year 2080/81, revealing several noteworthy findings. One of the most significant highlights is the impressive growth in net profit, which increased by 6.65%. During the first quarter, RSDC reported a net profit of Rs. 4.07 crores, a marked improvement […]

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