Tag: Worth

  • Real Net Worth of Folks Like Dipendra Agrawal & Durga Prasai

    Real Net Worth of Folks Like Dipendra Agrawal & Durga Prasai


    We’re seeing a plethora of people like DA and Durga Prasai who claim to have millions in stocks or properties and bla bla bla.

    Has anyone ever actually done groundwork research to validate their claims and know for real if they really have that much?

    I mean if DA has enough cash he claims he does, do you really think he’ll be sitting in clubhouse wasting time with random people?

    Have we really come to a point where these days any good communicator and manipulator can come in a couple of interviews and claim they have millions worth of land in Kathmandu and 7 pusta lai pugne sampati, and we will just accept it?

    Enlighten me keyboard warrior of Reddit.

    View on r/NepalStock by Aggravating_Fill_982

  • Nepal’s Cement and Clinker Exports Surge: Rs. 2.6 Arba in Seven Months; Magh Records Rs. 29 Crores

    Nepal’s Cement and Clinker Exports Surge: Rs. 2.6 Arba in Seven Months; Magh Records Rs. 29 Crores


    The Department of Customs has reported a significant increase in cement and clinker exports from Nepal to India, totaling Rs. 2.6 Arba during the first seven months of the current fiscal year (from Shrawan to Magh). This represents a notable 168% rise compared to the previous fiscal year’s exports of Rs. 77.93 crores. Leading this surge are key players in Nepal’s cement industry, including Palpa Cement, Arghakhanchi Cement, and Balaji Cement, actively contributing to the upward trend. Particularly impressive is the month of Magh, where exports reached Rs. 29 crores, showcasing the strong demand for Nepalese cement and clinker in the Indian market. Over the seven months, a significant amount of 21 lakh 47 thousand 345 tons of cement and clinker have been exported to India.

     

  • Garima Capital’s Rs 1 Arba Mutual Fund Added to SEBON Pipeline

    Garima Capital’s Rs 1 Arba Mutual Fund Added to SEBON Pipeline


     

    The Securities Exchange Board of Nepal (SEBON) has recently included “Garima Samriddhi Yojana” in its latest list of mutual fund schemes under preliminary review. This scheme, proposed by Garima Capital, is a closed-end mutual fund with a fund size of Rs. 1 Arba, divided into 10 Crore units, each valued at Rs. 10. The application for approval was submitted to SEBON on Magh 28. Garima Bikas Bank Limited (GBBL) serves as the Fund Sponsor for this scheme.

     

  • Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun

    Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun


    Nepal Investment Mega Bank Limited (NIMB) has released an offer letter announcing the issuance of 40,40,000 units of “10% NIMB Debenture 2090” to the general public. This debenture comes with a 10-year maturity period and a 10% coupon rate, and the application period is set from 1st Falgun to 4th Falgun, 2080. In case of undersubscription, the deadline may be extended to Falgun 15, 2080.

    The units, valued at Rs. 1000 each, will amount to a total of 40.40 lakh units. Of these, 60%, equivalent to 24.24 lakh units, will be subscribed through private placement. The remaining 16.16 lakh units, valued at Rs. 1.61 Arba, will be available for public issuance. Additionally, 5%, or 80.80 thousand units, will be allocated for mutual funds. The total fund raised from this issuance is anticipated to be Rs. 4.40 Arba.

     

  • SEBON Approves Singati Hydro Energy’s Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance

    SEBON Approves Singati Hydro Energy’s Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance


    The Securities Board of Nepal (SEBON) has granted approval to the rights offering proposal submitted by Singati Hydro Energy Limited (SHEL) on Poush 11, 2080. Under this approved plan, the company is set to issue 100% right shares valued at Rs. 1.45 Arba. This issuance will involve the distribution of 14,500,000 (1:1) units of right shares exclusively to its existing shareholders.

    Presently, Singati Hydro Energy Limited has a paid-up capital of Rs. 1.45 Arba. Following the implementation of the proposed right share issuance, involving 1.45 crore units, the company’s paid-up capital is slated to double, reaching Rs. 2.90 Arba.

    The hydropower firm asserts that the decision to introduce the right shares is aimed at generating funds for investments in other ventures and for settling outstanding debts. Kumari Capital has been appointed as the issue manager for this rights offering. The application for approval was submitted to the board on Ashad 27, 2080.

    As of the latest update, Singati Hydro Energy Limited (SHEL) concluded trading at Rs. 281.90.

  • “Nepal Handicraft Fair Wraps Up with Rs 20 Million in Transactions, Emphasizing Global Market Promotion”

    “Nepal Handicraft Fair Wraps Up with Rs 20 Million in Transactions, Emphasizing Global Market Promotion”


    The handicraft fair in the federal capital, which took place from December 14 to 18, recently concluded with a reported transaction sum of Rs 20 million, as disclosed by the Nepal Handicrafts Federation. The central goal of the event was to enhance the global market presence of Nepali handicrafts.

    Various provincial and district handicrafts associations, alongside commodity associations, actively participated in the fair, displaying a wide array of products such as jewelry, cotton clothes, pashmina, leather goods, natural fibers, and bamboo items. Featuring approximately 120 sales stalls, the fair sought to fortify commercial connections between domestic entrepreneurs and handicraft importers.

    Ram Krishna Chitrakar, the Industry Minister at Bagmati Province, highlighted the substantial impact of handcrafted goods on the national economy. He emphasized that these products not only contribute to foreign currency earnings but also play a vital role in promoting entrepreneurship and generating employment. Chitrakar stressed the importance of safeguarding and expanding this sector.

    According to the Nepal Handicrafts Federation, the country presently exports handicrafts to more than 60 nations, with the overall market value estimated at Rs 24 billion. Around 1.1 million individuals are involved in this sector, making a significant contribution to both the national economy and the creation of job opportunities.

    On an annual basis, Nepal exports handicrafts amounting to Rs 12 billion, indicating the robust presence of the sector in the global market.

  • “Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”

    “Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”


    Nepal Life Insurance Company has resolved insurance claims totaling Rs 69.62 Arba as of the end of Ashoj, 2080. The disbursements primarily include death-related claims distributed among 13,512 policyholders and their nominees, encompassing both local and international beneficiaries, with a cumulative payout of Rs 5.68 Arba. The company, aiming for efficiency, has successfully settled 93% of claims by the conclusion of Ashoj. Furthermore, it commits to a swift resolution for accidental death-related claims within 3 working days and other death-related claims within 7 working days, contingent on complete documentation. Notably, the insurer has achieved a commendable record, settling 46% of claims within 3 days, 67% within 7 days, and 81% within 1 month of the comprehensive documentation submission, as highlighted in the media statement.

  • Nabil Bank Announces Issuance of 9% Nabil Debenture 2087 with Rs. 3 Arba Target

    Nabil Bank Announces Issuance of 9% Nabil Debenture 2087 with Rs. 3 Arba Target


    Nabil Bank Limited (NABIL) has issued an offer letter announcing the issuance of 30,00,000 units of “9% Nabil Debenture 2087” to the general public. The debentures, featuring a maturity period of 7 years and a coupon rate of 9%, will be open for subscription from the 29th of Mangsir to the 3rd of Poush, 2080. In the event of undersubscription, the deadline may be extended until the 13th of Poush, 2080.

    The debentures, valued at Rs. 1000 per unit, will have a total issuance of 30 lakh units. Of this, 60%, equivalent to 18 lakh units, will be subscribed through private placement. The remaining 12 lakh units, amounting to Rs. 1.2 Arba, will be available for public issuance, with 5% of this allocation reserved for mutual funds. The total proceeds from the issuance are expected to reach Rs. 3 Arba.

    Kumari Capital Limited has been appointed as the issue manager for this debenture offering. Interested investors can apply for a minimum of 25 units and a maximum of 12,00,000 units.

    ICRA Nepal has reconfirmed the issuer rating of [ICRANP-IR] AA- – (pronounced ICRA NP issuer rating Double A minus) for Nabil Bank Limited. This rating indicates a high level of safety concerning the timely fulfillment of financial obligations, reflecting a very low credit risk associated with the bank.

  • FMDBL Proposes 15% Dividend for FY 2079/80: Rs. 17.21 Crores in Bonus Shares and Cash Dividend

    FMDBL Proposes 15% Dividend for FY 2079/80: Rs. 17.21 Crores in Bonus Shares and Cash Dividend


    First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has put forward a proposal for a 15% dividend, amounting to Rs. 17.21 Crores, for the fiscal year 2079/80. The decision was made during the 211th meeting of the board of directors on Mangsir 13. This proposed dividend will be distributed on the paid-up capital of Rs. 1.14 Arba, with a breakdown of 7.5% bonus shares and 7.5% cash dividend (for tax purposes), totaling Rs. 8.60 Crores each. The distribution of this dividend is subject to approval by the central bank and subsequent endorsement at the company’s upcoming Annual General Meeting (AGM). As of the latest available information, FMDBL has a Last Traded Price (LTP) of Rs. 575.

     

  • Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81

    Unilever Nepal Limited Reports 62.21% Surge in Q1 Net Profit, Demonstrates Strong Financial Performance for FY 2080/81


    Unilever Nepal Limited (UNL) has disclosed its financial outcomes for the first quarter of the fiscal year 2080/81, showcasing an impressive 62.21% surge in net profit. The company reported a substantial growth, with net profit increasing from Rs. 34.06 Crores to Rs. 55.25 Crores in Q1 of FY 2080-81. Additionally, the revenue for the first quarter of FY 2080/81 demonstrated healthy growth, reaching Rs. 2.32 Arba, reflecting a growth rate of 3.75%.

    Despite the positive performance, the financial report highlights a decline of 31.78% in other incomes, which amounted to Rs. 2.79 Crores during the same period. The paid-up capital of UNL remained steady at Rs. 9.21 Crores, while retained earnings were reported at Rs. 4.82 Arba in Q1 of FY 2080-81. The financial health of the company is underscored by an annualized earnings per share (EPS) of Rs. 2,399.57 and a Net worth per share of Rs. 5,335. The PE ratio is noted at Rs. 15.

    The major financial highlights in the report encompass various aspects, including paid-up capital, other equity (retained earnings), property, plant and equipment, investment in fixed deposits, trade receivables, cash and cash equivalents, inventories, revenue from operation, other income, other expenses, and net profit. The annualized EPS reflects the company’s performance on a per-share basis, while the net worth per share indicates the financial strength on a per-share basis. The quarter-end P/E ratio is reported at 15.0.

    This comprehensive financial analysis provides insights into UNL’s robust financial performance for the first quarter of FY 2080/81, highlighting its growth in net profit and revenue, as well as notable figures related to equity, assets, and earnings per share.

  • Is it worth applying for ipo of Sonapur mineral and oils (Smol)?

    Is it worth applying for ipo of Sonapur mineral and oils (Smol)?


    K garnu?

    [View Poll](https://www.reddit.com/poll/16yvlf0)

    View on r/NepalStock by OrdinaryNepaliguy