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Wednesday, June 19, 2019
New Beta Version - NEPSE Website Launched
Notice Regarding Beta Version Launch of New NEPSE Website
To facilitate its viewers and users, NEPSE has decided to launch the
beta version of the new website from today. If you have any feedbacks on
new website, please send us at feedback@nepalstock.com. After
incorporating the feedbacks, we will move on to the live version. For
visiting our new website, please click on the following link:
Thursday, June 13, 2019
Siddhartha Insurance for Bonus Share Price Adjustment
The share price of a Siddhartha Insurance Company Limited is adjusted in Nepse today (Jestha 30, 2076) after the book closure for the bonus share.
Nepal Stock Exchange has adjusted the price of Siddhartha Insurance Company Limited (SIL) at Rs. 471.077 for 15.484 percent bonus shares. The Average base price of SIL is Rs. 747.538.
Siddhartha Insurance had declared a 15.484 Percent Bonus share to the shareholders from the profit of F.Y. 2074/75.
Bonus share will be distributed to shareholders after the approval from annual general meeting.
Currently, Its paid up capital is Rs.86.59 arba.
Monday, June 10, 2019
Janautthan samudayic laghubitta to issue right shares from 12 Ashad 2076
Janautthan samudayic laghubitta Bittiya Sanstha to float 100% right shares from 12 Ashad 2076. The issue will be closed on 15 Shrawan 2076.
The book close is set 02 Ashad 2076 for right issue. Those shareholders who get registered in the book within 01 Ashad 2076 will be eligible to apply for right share.
Friday, June 7, 2019
Nepal Investment Bank debenture 2082 to open from today ( 06.07.2019)
Nepal Investment Bank is going to issue debenture 2082 from today (Jestha 24, 2076). The company will issue 20,00,000 units debentures worth Rs. 200 crores. The debenture issue will remain open until Jestha 28, 2076. If the issue is not fully subscribed until that period, it will extend to Ashar 22, 2076.
Thursday, June 6, 2019
Book close of Janautthan Samudayik Laghubitta issuing 1:1 right issue
Janautthan samudayic laghubitta Bittiya Sanstha has announces book close for right issue. The company will issue 100% right shares for shareholders.
The book will be closed on 02 Ashad 2076 for right issue. Those shareholders who get registered in the book within 01 Ashad 2076 will be eligible to apply for right share.
Kamana Sewa Bikas Bank announces Book Close for AGM
Kamana Sewa Bikas Bank has announced book close for annual general meeting( AgM). The book will be close from 31 Jestha to 14 Ashad. Those shareholders who hold shares till 30 Jestha 2076 will be eligible to participate in AGM.
12th AGM will be held on 14 Ashad 2076 at Amritbhog, Billibazar, Kathmandu, 11:00 am.
Wednesday, June 5, 2019
Check Out IPO Result : Infinity Laghubitta Bittya Sanstha
IPO result of Infinity Laghubitta Bittya Sanstha has been published today, 22 Jestha 2076 . Allotment was concluded at Civil Capital Market limited.
As per allotment modules, only 62,993 applicants are allotted with 10 units of shares through lottery. 80.86% or 2.66 lakh applicants became empty handed.
Paid up capital will reach to Rs.20.74 crore after IPO issuance.
Download: IPO result of Infinity Laghubitta Bittya Sanstha (PDF)
Monday, June 3, 2019
Reliance Life Insurance to float IPO worth Rs. 63 crore
Reliance Life Insurance Limited to float initial public offering (IPO) worth Rs. 63 crore for general public.
It has appointed Sanima Capital Limited as the issue manager to issue Initial Public Offering (IPO) of 63,00,000 Units worth NPR. 63,00,00,000/- to General Public
Chief Executive Officer of Sanima Capital Mr. Manish N. Joshi and Chief Executive Officer of Reliance Life Insurance Limited, Mr. Pravin Raman Parajuli has signed the agreement today, 19 Jestha 2076.
After the issuance of 63 lakh unit shares, the Insurance’s paid-up capital will reach Rs 2.10 arba. The capital structure will stand at 70% for the promoters and 30% for the general shareholders.
Surya Life Insurance announces book close of AGM
Surya Life Insurance has published the notice for its upcoming 11th AGM. The company will conduct its 11th Annual General Meeting on Ashad 11, 2076. The meeting will take place at the Company’s registered office at Biratnagar.
For the purpose of the AGM, the shareholders’ registration book will remain closed from Jestha 28, 2076 to Ashad 04, 2076.
Deva Bikas Bank calls 12th AGM
Deva Bikas Bank has called for its upcoming 12th Annual General Meeting (AGM). The AGM will take place on Ashad 12, 2076. The meeting will start after 11 AM at Nepal Police Club, Bhrikuti Mandap, Kathmandu.
The general meeting will discuss the financial report of F.Y. 2074/75. The shareholders meeting will endorse 5.50 percent bonus shares worth Rs. 13.94 crores.
Mero microfinance auction bids opening today (03.June.2019)
The auction bids for the unsold right share of Mero Microfinance will open today (Jestha 20), as informed by the Global IME Capital Limited.
Mero Microfinance had issued right share to the shareholders from Falgun 19, 2075 to Chaitra 24, 2075. Out of the total issued right share, 2,09,649 ordinary shares remained unsold. The company auctioned the unsold right share from Jestha 07, 2076 to Jestha 14, 2076.
Sunday, June 2, 2019
Saturday, June 1, 2019
Premier Insurance announces huge dividend
The 261st board of meeting of Premier Insurance Company was held on Jestha 17, 2076 and the meeting has proposed 79.79 percent bonus shares worth Rs. 46.60 crore from the profit of 2074/75. The company informed Nepse about the proposed bonus share today.
The total dividend amounts to 49.05 crores since 2.45 crore or 4.20 percent cash dividend will be used for tax purpose. So, the total dividend for the FY 2074/75 stands at 83.99 percent.
The bonus share is subject to approval from Beema Samiti and then will be endorsed AGM of the company. The paid-up capital of the company stands at Rs. 58.40 crores and after the bonus adjustment, it will reach 1.05 arba. As a result, it will be able to reach the minimum capital requirement of 1 arba.
Thursday, May 30, 2019
Wednesday, May 29, 2019
Life Insurance Coropration Nepal has announced Bonus & Cash dividend
Life Insurance Coropration Nepal has proposed dividend for shareholders from in the income of FY 2074/75.
As per LICN, the company had proposed 34.4626% Bonus shares & 35.5373% cash dividend from the income of FY 2074/75.
The decision is subjected to approve from Beema Samiti and upcoming AGM.
Currently, its paid up capital is Rs.1.49 arba. After adjustment of Bonus, paid up capital will reach to Rs.2.01 arba.
Tuesday, May 28, 2019
Deva Bikas Bank announces book close for AGM
Deva Bikas Bank has announced book close for Annual general meeting (AGM).
The book will be close from 06 Asar to 12 Asar 2076 for AGM. Those shareholders who hold shares till 05 Asar 2076 will be eligible to participate in AGM & claim for dividend.
From the AGM, the bank will endorse 5.5% bonus shares for shareholders from the income of FY2074/75.
3.01 lakh units of right shares listed in Nepse
Nepal Stock Exchange (Nepse) has listed 3.01 lakh units of right shares today, 14 Jestha 2076 for trading.
As per Nepse, 3,01,274.52 Units Right Shares of Reliance Finance Ltd. has been listed.
Now, these shares can be traded after getting into DeMat account.
Currently, its paid up capital stands at Rs.74.32 crore.
Himal Dolkha issuing IPO to locals from Jestha 14 i.e. today
Himal Dolkha Hydropower Company is going to issue IPO worth Rs. 16 crore to the project affected locals of Ilam district from Jestha 14,2076 i.e. today. The subscription price of the issue is Rs.100 per share.
The IPO issue will be open until Jestha 28,2076 but if the issue is not fully subscribed then the date will be extended to Asadh 13,2076.
Mero Microfinance 2.09 lakh auction shares closing from today; LTP stands at Rs. 601
Mero Microfinance is closing the auction of 2.09 lakh units of ordinary shares on Jestha 14,2076 i.e. today
Global IME Capital Limited is the issue manager of the auction. In order to apply for the company shares, one must fill an application form which is available from Global IME Capital Limited, Kathmandu. For those outside Kathmandu valley, they can apply from the branch office of Global IME Bank. You can get the form for Rs. 100.
Monday, May 27, 2019
Gurans Laghubitta Bittiya Sanstha Ltd - IPO Shares Listed
Nepal Stock Exchange (NEPSE) has listed IPO shares of a microfinance company today (Jestha 13,2076).
As informed on Nepal Stock Exchange, 7,75,000 Units IPO Shares of Gurans Laghubitta Bittiya Sanstha Ltd. has been listed.
The company issued 2,50,000 shares in the Initial Public Offering(IPO) from Baisakh 16, 2076. Lucky 23,363 out of more than 3 lakh applicants from the general public were allotted 10 units each through the lottery.
After the listing of shares on Nepse, shareholders can trade the shares in the secondary market. The shares of Gurans Laghubitta will open from tomorrow for the trading.
Listing of bonus shares of Vijaya Laghubitta Bittiya Sanstha
Nepal Stock Exchange (NEPSE) has listed the bonus shares of one company on Jestha 13,2076.
As per the information by NEPSE, it has listed 1,77,100 Units Bonus Shares of Vijaya Laghubitta Bittiya Sanstha Ltd.
The microfinance had distributed a 10 percent bonus share to its shareholders from the profit of 2074/75.
Infinity Laghubitta floating IPO from Jestha 13 Today
Infinity Laghubitta is going to issue IPO worth Rs.6.74 crore to the general public from Jestha 13, 2076. The issue will be open till Jestha 16,2076 and if it is not fully subscribed then the extension can be made to Asadh 10,2076.
Applications can be placed for a minimum of 10 units and a maximum of 3,370 units. The application can be placed from the financial institutions providing C-ASBA facility and online through Meroshare.
Swap ratio of Nepal Investment Bank and Jebils Finance
Jebils Finance has informed Nepse about the swap ratio for mergers and acquisition with Nepal Investment Bank.
The 194th board meeting of the company has decided to take 100:33 swap ratio with Nepal Investment Bank to finalize the acquisition process. This means shareholders holding 100 shares of Jebils will get 33 shares of Nepal Investment Bank post-acquisition.
The decision was also based on the recommendation by the meeting of the merger committee of two banks held on Jestha 12, 2076. Two companies signed an agreement to go on an acquisition process on Falgun 26,2075.
Sunday, May 26, 2019
Infinity Laghubitta to float IPO from 13 Jestha for general public
Infinity Laghubitta Bittiya Sanstha Limited to issue initial public offering (IPO) from tomorrow, 13 Jestha 2076 for general public. The issue will be closed on 16 Jestha 2076.
The company will be floating 674,000 units of shares at the rate of Rs.100. Out of total issue, the company will issue 0.5% or 10,370 units for employees, 5% or 33,700 units of existing mutual fund and remaining 6,29,930 units for general public.
Himalayan Distillery declares interim dividend
Himalayan Distillery has informed Nepse about the interim dividend distribution to its shareholders on Jestha 10, 2076.
The board of directors meeting of the company held on Jestha 9, 2076 has declared 68.42 percent cash dividend (including tax) to its shareholders from the accumulated profits until the third quarter of the current fiscal year 2075/76.
Share investors associations finally say yes to T+1 settlement
After facing criticism on their decision to not go with a T+1 settlement approach, finally, share investors related associations have made a press release by accepting the implementation of T+1 settlement.
If you don’t know what T+1 means then, T stands for transaction date and the number after + represents settlement day. Here, 1 means you have to settle the transaction within one day of doing the transaction i..either transfer shares or pay the amount within one day of the transaction. In Nepal, currently, T+3 settlement is existent.
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