Ingwa Hydropower Limited has announced the closure of its IPO issuance of 12,68,639 unit shares with a face value of Rs. 100 per share. The issue, which opened on April 13, 2080, is oversubscribed by 8.64 times, with 994,624 applicants applying for a total of 10,964,750 units. The company intends to collect Rs. 12.68 […]
Guheshowori Merchant Banking and Finance Limited (GMFIL) has recently listed 6,17,760 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company had held its 21st Annual General Meeting on 27th Magh, where a dividend of 6.84% was approved for the fiscal year 2078/79. The board of directors had decided to distribute the dividend on
Today’s gold price has dropped by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,100 per tola. Yesterday, the tariff remained unchanged at Rs. 109,600 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,600. In contrast, the
The Securities Exchange Board of Nepal (SEBON) has authorized Upper Syange Hydropower Limited’s proposed initial public offering (IPO) on Baisakh 13, 2080. The corporation will now issue 870,000 equity shares at NPR 100 per share. The issuance is worth Rs. 8.7 crore. This is equivalent to 39.55% of the company’s issued capital. The company’s
NEPSE has listed 59,68,135.55 unit bonus shares of Garima Bikas Bank Limited (GBBL). On Poush 22, the bank had its 16th AGM and approved a 14.5% dividend of Rs. 66.56 crores for fiscal year 2078/79. On Kartik 24, 2079, the board of directors voted to pay a 14.5% dividend on the paid-up capital of Rs.
The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11. The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up
Nepal Hydro Developer Limited (NHDL) has listed 1,59,965 unit bonus shares on the NEPSE. On Poush 29, the business had its 16th AGM for fiscal year 2078/79 and approved a 5.02632% dividend. The board of directors of the firm suggested a 5.02632% dividend from the paid-up capital of Rs. 31,99,30,000 at its meeting on the
The NEPSE has listed 16,53,699.96 unit bonus shares of Sagarmatha Insurance Company Limited (SIC). On 11th Falgun, the firm held its 26th AGM and approved a 13.0579% dividend for fiscal year 2078/79. The board of directors resolved to distribute 12.40% bonus shares and 0.6526% cash dividend on Rs. 1.33 Arba paid-up capital. NEPSE now lists
In the domestic market today, fine gold has lost Rs. 900 per tola, while tejabi gold has lost Rs. 850 from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,300 per tola. Yesterday, the cost remained unchanged at Rs. 110,200 per
Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter. The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year. When compared to the same quarter last year, the company’s deposits fell
The Securities Exchange Board of Nepal (SEBON) has authorized Ghorahi Cement Industry Limited’s proposed initial public offering (IPO) on Baisakh 06, 2080. The corporation will now distribute 7,943,801 unit shares. A total of 3,97,190 unit shares are reserved for project-affected locals, while the remaining 75,46,611 unit shares are designated for the general public. The
In the domestic market today, fine gold is down Rs. 800 per tola, while tejabi gold is down Rs. 750 from yesterday’s pricing. Fine gold is now trading at Rs. 110,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association’s official website. Yesterday, the price per tola remained constant at Rs.
Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01
Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE. On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A
According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate.
