Daily Archives: Sep 27, 2023
Himalayan Reinsurance IPO Allotment Concluded: Oversubscribed 1.2 Times with Strong Investor...
The allocation of Initial Public Offering (IPO) shares for Himalayan Reinsurance Limited has been finalized at Taj Reception in Baluwatar, Kathmandu. The company had issued 2,49,00,000 units of IPO shares at a price of Rs. 206 per share (Rs. 100 face value + Rs. 106 premium) to the general...
Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions
Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC), Nepal Life Insurance Company Limited (NLIC), Nepal Investment Mega Bank (NIMB), Kumari Bank Limited (KBL), and Prime Commercial Bank Limited (PCBL). The auction, spanning...
Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares
Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction commenced on the 11th of Poush, 2080.
In this auction, the specified quantity of promoter shares for SHINE is 2,04,537 units, with a minimum bidding...