After, the AGM of the company they declared a 11.4% dividend for the fiscal year 2076/77. The company will be distributing 8% of the paid-up capital as bonus shares and 3.4% as cash dividend from the 11.4% dividend. NEPSE listed the same bonus shares . Before dividend distributions, the company’s paid-up capital was Rs. 80 crores. Likewise, Nepal… Read More »
An application has been given by Upper Solu Hydro Electric Company to SEBON on Chaitra 16 2077, to issue their IPO. The total issue will be of 33,07,500 shares where NMB Capital will be the issue manager. The board of SEBON has not given any comments on the hydropower company application yet. The IPO is set to be… Read More »
NEPSE listed 12% bonus shares i.e. 1,17,45,320.57 of Siddhartha Bank Limited. After their 19th AGM of the FY 2076-77 held virtually on Magh 16, 2077. The chairman Mr. Manoj Kumar Kedia declared the board’s proposal to provide 12% bonus shares(Rs. 1.17 Arba) and 3% cash dividend(Rs. 29.36 crore) to their shareholders. SBL has an LTP of Rs. 430.
Esewa is currently offering up to 100% cashback for its customers who purchase domestic flights using Esewa Wallet. According to the media statement, Esewa has also launched an exciting deal on hotels and adventure sports in Pokhara in association with the Pashimanchal Hotel Association in a bid to promote domestic tourism at Pokhara.
From Chaitra 23 – 26, 2077, First Microfinance will auction its 1 lakh unit promoter share. According to media microfinance has appointed BoK Capital Market as issue manager. Among the promoters, one is auctioning his/her ownership through this auction process. These auction are opened for the existing promoters and the general investors. The minimum price has been set… Read More »
Ru Ru Jalbidhyut opened it’s IPO to genreal public from 20th-24th Chaitra, 2077. “16,69,019 applicants have applied for a total of 2,33,90,090 units” says CDSC. The issue has been oversubscribed by 61.68 times the number of shares also in terms of the number of applicants. Only 37,916 applicants will receive 10 shares each. 4,07,706 unit shares of… Read More »
Barun Hydropower Company Limited (BARUN) has listed 1,27,575 bonus shares in NEPSE. In its annual general meeting (AGM) last week, the company empowered its shareholders to approve a 5.263% dividend distribution for the fiscal year 2076/77, consisting of a 5% bonus share to all shareholders and a 0.266% cash dividend. Shree Investment & Finance Company Limited’s (SIFC) bonus… Read More »
Ru Ru Jalbidhyut Limited has released an initial public offering (IPO) on 20th Chaitra, which will close on 24th Chaitra, 2077, i.e. today. Over 13 lakhs of investors have already applied. 4,07,706 unit shares are to be issued at Rs 120 per share with an additional premium of Rs 20 per share. There are 8,154 units, which is… Read More »
An auction of promoter shares of NLICL and CIT has been opened by NIC Asia Bank Limited. 50,000 units shares of Citizen Investment Trust (CIT) and 55,866 units shares of National Life Insurance Company Limited (NLICL) will go under auction this week. The auction opened on the 23rd Chaitra, lasting up to 31st Chaitra, 2077. There was an… Read More »
After Nepal Rastra Bank recently announced the provision of dollar cards for public. Nepalese banks started the prepaid dollar card service for general public. NIC ASIA Bank being one of the reputed bank in Nepal has lunched Prepaid Dollar Card for it’s customers. This card is allowed to load upto $500 that can be spent within a year.… Read More »