IME life insurance company ko yeti nai ho ta highest price point??
aja ta top turnover to 1st rank ma aayo ta>. View on r/NepalStock by Nawarajkarki
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IME
r/NepalStock
Has this ever happened in an IPO listing? Reference: IME life insurance. Is it stupid to blame it all on Mutual Funds? Was the opening range so high causing immediate decline from day 3?
​ [Source: Merolagani](https://preview.redd.it/ht4d1j4n6thb1.png?width=910&format=png&auto=webp&s=0e4f44b0f53473f34da2c091c23841203cef53fc) View on r/NepalStock by consciousVerse
Business | Market | Economy
“Global IME Balanced Fund 1 NAV: Rs. 9.82 as of Shrawan Month End”
In the month of Shrawan, the Net Asset Value (NAV) of “Global IME Balanced Fund – 1 (GIBF1)” dropped to Rs. 9.82 from the previous month’s Rs. 10.57. This closed-end fund, with a maturity period of 10 years, currently holds a total fund size of Rs. 1.02 Arba. The fund’s investments include Rs. 74.60
Business | Market | Economy
“Global IME Bank Records Impressive Q4 FY 79-80: Core Business Growth Drives Rs. 7.25 Arba Net Profit”
Global IME Bank Limited (GBIME) has released its fourth quarter report for the fiscal year 2079-80, revealing a significant rise in Net Profit to Rs. 7.25 Arba, marking a 46.26 percent increase from the previous year’s Rs. 4.95 Arba during the same period. The bank has seen notable growth in both Net Interest Income
NEPSE NEWS
“NEPSE Finalizes Listing Agreement for IME Life Insurance IPO; Trading Starts This Sunday.”
“IME Life Insurance (ILI) IPO Shares to Be Listed on Nepal Stock Exchange (NEPSE). The agreement for listing 4 crore unit shares with a face value of Rs. 100 each has been finalized today. Civil Capital Market Limited will be the issue and sales manager for the IPO issuance.”
IPO | FPO
IME Life Insurance IPO Oversubscribed 1.4 Times with 10.84 Lakh Applicants
IME Life Insurance Company Limited is concluding the issuance of 96,00,000 unit shares to the general public starting from today, which is the 25th of Ashad. The issuance began on the 21st of Ashad, 2080. The company has an issued capital of Rs. 4 Arba, out of which 30% or 1,20,00,000 unit shares are
Business | Market | Economy
IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba
The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1 swap ratio and forming a new entity called “IGI Prudential Insurance Limited”. The merger has received final approval from the Nepal Insurance Authority and the Office of the Registrar of
Business | Market | Economy
Global IME Balanced Fund 1 and Mega Mutual Fund 1 Release Last Month’s NAV Report
The “Global IME Balanced Fund – 1 (GIBF1)” NAV report for Chaitra has been released. The “Global IME Balanced Fund – 1” is a closed-end fund with a 10-year maturity horizon. The fund size of Global IME Balanced Fund – 1 is Rs. 1.02 Arba.
NEPSE NEWS
PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49
Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49. The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares.
Business | Market | Economy
Mutual Fund Scheme of Global IME Capital "
The Securities Exchange Board of Nepal (SEBON) has recently added “Global IME Samunnat Yojana -II” to its latest list of mutual fund scheme pipeline status. The Global IME Samunnat Yojana-II will have a fund size of Rs. 1.2 Arba divided into 12 Crore units with a par value of Rs.10 each. On Chaitra 19,
Gold | Silver | Forex
Gold is down Rs 800 from its all-time high, trading at Rs 110,200 per tola; silver is down Rs 5.
Today’s gold price has dropped by Rs. 800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 110,200 per tola. Yesterday, the rate remained unchanged at Rs. 111,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,650. In contrast,
Gold | Silver | Forex
Gold sets a new all-time high, gaining Rs 2000 per tola in a single day to trade at Rs 111,000.
Gold prices continue to break all-time highs. Today’s increase is due to a single-day gain of Rs. 2000 in fine gold, while tejabi gold has climbed by Rs. 1,950 from yesterday’s price. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at Rs. 111,000 per tola.
Business | Market | Economy
Mahalaxmi Bikas Bank introduces new home and business loan schemes, lowering the interest rate to 12.99% with a special service charge discount.
In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan
NEPSE NEWS
NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta
On the 9th Magh, the firm had its 25th AGM for the fiscal year 2078/79 and approved a 6.316% dividend. At its 127th board meeting, the business requested a 6.316% dividend on its paid-up capital of Rs. 1.70 Arba. There was a proposal for 6% bonus shares worth Rs 10,20,99,085 and a 0.316% cash dividend
NEPSE NEWS
Siddhartha Premier Insurance’s 2.8 crore unit shares have been listed for trading on the NEPSE.
After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were listed on NEPSE. On the 27th of Ashad, 2079, SIL and PIC inked a merger agreement. The corporation had agreed to a merger with a swap ratio of 1:1. SIL’s