Tag: with

  • “NEPSE Ends Session with 1.46% Gain; NABIL Leads in Market Cap”

    “NEPSE Ends Session with 1.46% Gain; NABIL Leads in Market Cap”


     

    In today’s trading, the Nepal Stock Exchange (NEPSE) Index ended at 2,045.45 points, showing a rise of 29.47 points or 1.46% compared to the previous day’s close. Yesterday, the index had gone up by 17.69 points.

    The trading began with the index starting at 2,016.8 and hitting a low of 2,015.80 during the day. The market’s highest point during the day was 2,048.26, but it settled at the closing value of 2,045.45.

    The Relative Strength Index (RSI) stands at 47.01, up from yesterday’s 40.71. On the other hand, the MACD line remained below the zero line, indicating a reading of -19.16.

     

  • “Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi’s 22.5 MW Project Set to Offer Shares”

    “Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi’s 22.5 MW Project Set to Offer Shares”


     

    In an event held at Sundhara, Kathmandu, Thulo Khola Hydropower Limited and Citizens Capital Limited signed an agreement for the management of their Initial Public Offering (IPO). The agreement was formalized by Mrs. Shweta Adhikari Panth, Director of Thulo Khola Hydropower Limited, and Mr. Sabir Bade Shrestha, CEO of Citizens Capital Limited.

    Under this agreement, Citizens Capital Limited, a subsidiary of Citizens Bank International Limited, will oversee the IPO process for Thulo Khola Hydropower Limited. The main objective of the IPO is to issue ordinary shares to local residents who are affected by the project, as well as to the general public.

  • “Prabhu Capital Partners with Total Physical Fitness Centre to Offer 28% Discount to Demat Holders”

    “Prabhu Capital Partners with Total Physical Fitness Centre to Offer 28% Discount to Demat Holders”


     

    Prabhu Capital has entered into an agreement with Total Physical Fitness Centre to offer customers a 28% discount and a complimentary sauna coupon. This exclusive deal can be accessed by clients of the merchant bank by providing their demat service number. The Memorandum of Understanding (MoU) was formalized during a ceremony, involving Prabhu Capital’s CEO Mr. Aasis Gauchan and Total Physical Fitness Centre’s MD Mr. Suman Pandit, according to a media statement.

  • “SEED Energy Joins Forces with NMB Capital for IPO Advisory”

    “SEED Energy Joins Forces with NMB Capital for IPO Advisory”


     

    SEED Energy Limited, a company supported by SEED Investment Private Limited, has joined forces with Nepal’s renowned merchant bank, NMB Capital Limited. This exciting collaboration marks a significant step as SEED Energy gets ready to introduce its ordinary shares to the public through an Initial Public Offering (IPO). This move is part of SEED Energy’s expansion into diverse economic sectors, including Hydropower, Infrastructure Manufacturing, and Hotels.

    Mr. Pankaj Chandra Shrestha, Chairman of SEED Energy, expressed his enthusiasm, stating, “We’re excited to share that SEED Energy is gearing up for an IPO of its ordinary shares, and we’re delighted to partner with NMB Capital as our trusted advisor for the IPO process. NMB Capital’s expertise will greatly assist us as we journey toward this important milestone. This collaboration underscores our commitment to delivering value to all our stakeholders.”