The Securities Exchange Board of Nepal (SEBON) has approved the proposed IPO issue of Menchhiyam Hydropower Limited on Magh 19. The company will now issue 1,627,750 equity shares at a par value of NPR 100 each. The amount of the issue is Rs. 16.27 Crore. This is 30% of the company’s issued capital. The […]
Purwanchal Lube Oil (PLO) plans to issue 500,000 equity shares to the general public through an initial public offering (IPO), with Prabhu Capital Limited serving as the share issue and sales manager. On Magh 18, 2079, the two parties’ contract was completed. The agreement was signed by Mr. Bholeshwar Dulal, Managing Director of Purwanchal Lube
The Securities Exchange Board of Nepal (SEBON) has approved Dolti Power Company Limited and Bhugol Energy Development Company Limited’s proposed initial public offering (IPO). On Magh 16, both proposals were approved. Dolti Power Company will now issue 1,609,458 equity shares with NPR 100 par value each. The issue is worth Rs. 16.09 crore. This is
Shuvam Power Limited (SHUVAM) is launching an issue of 4,81,882 unit shares with a face value of Rs 100 starting today, March 18th, 2079. The company expects to earn Rs 4.81 crore from this IPO. This issue’s early closing date is 22nd Magh, and if it is not fully subscribed, it can be extended until
Asian Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 27th of Magh, 2079, the company will issue 6,97,200 unit shares with a face value of Rs 100. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing
National Hydro Power Company Limited (NHPC) reported a 13.89% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit decreased to Rs.73.61 Lakhs in this quarter from Rs.85.49 Lakhs in the previous year’s corresponding quarter. NHPC has collected a total of Rs. 5.58 crores in revenue as of
Aatmanirbhar Laghubitta Bittiya Sanstha will issue 20,338 units of IPO shares to Nepalese citizens working abroad beginning today, 16th Magh, and ending on 1st Falgun, 2079. The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have been set aside for the general public. Out of
The Electricity Regulatory Commission has given preliminary approval to Synergy Power Development Company (SPDL) to issue a 2: 1 right offering. On Kartik 17, 2079, the application for the issuance of right shares was submitted to ERC. On Shrawan 24, 2078, the board of directors proposed issuing 50% right shares on the paid-up capital after
The Electricity Regulatory Commission has given preliminary approval to Api Power Company Limited (API) to issue 16,533,137 units of right shares. On February 2, the board of directors proposed issuing 40% of the paid-up capital in right shares. After adjusting for 7.5% bonus shares, the company’s paid-up capital will be Rs. 4.13 Arba. As a result of the 1:0.40 (40% rights issue), the company’s paid-up capital will be increased to Rs. 5.78 Arba. The company proposed issuing the right shares to pay off the debt of the projects that it is producing.
Before we get into how to become an investor in Nepal, it’s important to understand who an investor is. An investor is someone who puts money into something with the hope of profiting in the future. A return is the benefit derived from such an investment. Investors are always on the lookout for high-yielding investment
Alright, so you’ve decided you want to take a shot at buying and trading stocks. The only problem is, you really don’t know how. Where should you begin? And do you even know what a stock is and the significance of stock for companies? This article will serve as a dummies guide for trading and buying stock.
How does the stock market work? In a nutshell, the stock market is a market place for business people. Goods are sold to the public in a public market. However, in the stock market, the public is sold share. Shares are the form in which company stock is sold. When a person purchases more shares in
What is NEPSE Index? Nepal stock exchange at the end of the day publishes the transaction index which is called the NepSe index. In simple language, the base market capitalization is used to calculate the Nepse index. The base market capitalization is February 12, 1994. In this day, share transaction was held for the first
Please note that Cryptocurrency transaction and mining is illegal in Nepal as per the notice issued by Nepal Rastra bank. This article is only for information purposes. Money has evolved and changed shape over time. Today, digital currencies are best suited to the needs of the digital world. Digital currencies are focused on decentralising the
Everyone is looking for a quick and easy way to riches and happiness. It seems to be human nature to constantly search for a hidden key or some esoteric bit of knowledge that suddenly leads to the end of the rainbow or a winning lottery ticket. While some people do buy winning tickets or a
