The current promoter of Nepal Investment Mega Bank Limited (NIMB) has initiated the auction of 2,55,741 units of shares, exclusively targeting existing promoter shareholders, starting from today, the 30th of Falgun, 2080. In this auction process, only the existing promoters of NIMB are eligible to participate in the bidding, and they have a window of […]
The current promoters of NIC Asia Bank Limited (NICA) are putting up 5,13,325 units of promoter shares for auction starting today, the 16th Falgun until the 27th Falgun, 2080. Interested parties who qualify as promoter shareholders or individuals/companies/institutions can participate in the auction, with a minimum bid rate set at Rs. 208 per unit.
Sarbottam Cement Limited is starting its IPO of 27,76,076 shares from 13th Falgun, 2080. The closing date is on the 16th Falgun, with a possible extension to the 27th Falgun if it’s not fully subscribed. Initially, 2,67,000 shares were issued to Nepalese citizens working abroad, and 9,30,000 shares were allocated to locals affected by industry
Following the successful merger between Prabhu Life Insurance Limited (PLI) and Mahalaxmi Life Insurance Company Limited, a total of 4,29,60,000 shares of the newly formed entity, Prabhu Mahalaxmi Life Insurance Limited (PMLI), have now been officially listed on the Nepal Stock Exchange (NEPSE). This significant development, sanctioned by regulatory authorities and in compliance with the
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has successfully listed 1,78,451.18 units of Further Public Offering (FPO) shares on the Nepal Stock Exchange (NEPSE). The microfinance institution had issued these FPO shares with a face value of Rs. 100 to the general public. The offering took place from the 21st Kartik to the 24th Kartik,
A total of 123,816.45 units of Follow-on Public Offering (FPO) shares of Mirmire Laghubitta Bittya Sanstha Limited (MMFDB) have been officially listed on the Nepal Stock Exchange (NEPSE). These FPO shares, each with a face value of Rs 100, were made available to the general public during the period from the 25th to the 30th
Sarbottam Cement Limited has initiated its Initial Public Offering (IPO) through the book-building process exclusively for Qualified Institutional Investors (QIIs), starting on the 6th of Mangsir. In this initial phase, the company aims to issue 24,00,000 unit shares to QIIs, with the IPO closing on the 10th of Mangsir, 2080. The company has specified this
The current promoter of Lumbini Bikas Bank Limited (LBBL) has initiated an auction of 2,00,639 units of shares, making them available for interested members of the general public and institutions starting today. Bil Bahadur Gurung and Bindu Kumar Thapa, the promoters of LBBL, are selling 1,46,748 units and 53,891 units of their promoter shares to
Vision Lumbini Urja Company Limited is set to initiate the issuance of its 20,75,285 unit Initial Public Offering (IPO) shares starting on the 16th Kartik, 2080. The closing date for the early subscription period for these shares is the 20th Kartik, with the option for an extension up to the 1st Mangsir, 2080, if the
Citizens Capital Limited has provided an 8% cash dividend to the unit holders of “Citizens Mutual Fund – 2 (CMF2)” directly to their bank accounts, along with encouraging them to convert their physical shares into electronic format. For the last fiscal year, 2079/2080, the fund declared an 8% return and closed its books on Bhadra
Sunrise Capital Limited is delivering a 16% cash dividend for “Sunrise First Mutual Fund” directly to the bank accounts of its unit holders. They have encouraged unit holders to convert their physical shares to electronic format. The fund had previously declared a 16% return for the fiscal year 2079/2080. Starting from the 26th of Ashwin,
The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital
NMB Capital Limited will be giving a 15% cash dividend to the unit holders of “NMB Hybrid Fund L-1” and “NMB 50” directly into their bank accounts. They are encouraging unit holders to convert their shares into electronic form. Both funds had earlier announced a 15% cash dividend for the fiscal year 2079/2080. NMB Hybrid
Sonapur Minerals and Oil Limited is extending a golden opportunity for investors by extending the deadline for its IPO shares issuance until the 28th of Ashwin, 2080. This IPO, which initially opened on the 14th of Ashwin, garnered tremendous interest, prompting the company to prolong the offering. Notably, Sonapur Minerals and Oil Limited had already
NIC ASIA Capital has taken a significant step in fostering the growth of National Solar Power Company by entering into a transformative agreement. This partnership brings to life the “Idea to IPO” corporate advisory service, a comprehensive support package that extends from the inception of the company through to its IPO issuance and beyond. National
