Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares […]
Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has announced that it will not pay dividends in fiscal year 2078/79. The AVYAN Board of Directors decided on Chaitra 06, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual
From today, 9th Chaitra, 2079, Mai Khola Hydropower Limited will close the issue of its IPO to Nepalese citizens working abroad and project-affected locals of Ilam District. The problem had begun on the 25th of Falgun, 2079. The company’s issued capital is Rs. 39.21 crores, of which 10%, or 392,157 unit shares worth Rs. 3.92
Today is the last day to receive a dividend of 15.7895% proposed by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB). The company has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The meeting will begin at 11 a.m. that day at the Hotel New Era in Butwal. Among the other items on the
Menchhiyam Hydropower Limited has completed the distribution of 5,42,583 units of IPO shares to project-affected locals today, 9th Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079. The company’s issued capital is Rs. 54.25 crores, of which 10%, or 5,42,583 unit shares worth Rs. 5.42 crores, have been allocated to project-affected Sankhuwasabha
Sagarmatha Jalbidhyut Company Limited is launching an Initial Public Offering (IPO) of 35,81,760 unit shares to the general public today, 8th Chaitra, 2079. This issue’s early closing date is on the 12th Chaitra, and if it is not fully subscribed, it can be extended until the 22nd Chaitra, 2079. Out of the total 43,68,000 units,
Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has paid a cash dividend of 11.052632% to shareholders’ bank accounts and urged them to dematerialize their shares. On Falgun 30, 2079, the company held its 21st AGM for the fiscal year 2078/79. The board of directors approved a 21.052632% dividend of Rs. 29.21 crores for fiscal year 2078/79.
An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding
The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline. The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for
Kalinchowk Darshan Limited’s IPO shares of 60,00,000 units have been listed on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals. The initial transaction price range is Rs. 78.15 to Rs. 234.45. If the company signs the agreement with NEPSE, the IPO shares will trade in the
NEPSE has listed 10 million unit IPO shares of Maya Khola Hydropower Company Limited. This includes promoter shares as well as shares issued to the general public and project-affected locals. The initial transaction price range is Rs. 88.53 to Rs. 265.59. If the company signs the agreement with NEPSE, the IPO shares will trade
Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter. In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores. This quarter, the company earned Rs.
IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio. IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on
Citizen Life Insurance Company Limited’s Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to distribute 11,250,000 unit shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price
Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi. Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On
