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Nepal Warehousing Company convenes its 4th AGM; endorses to float 13.75 lakh unit ordinary shares in IPO

Nepal Warehousing Company convened its 4th AGM for the FY 2078-79 under the leadership of its chairman on Kartik 20, 2079. Apart from regular financial reports, The AGM has endorsed the decision to float 20% of its paid-up value or 13.75 lakh unit ordinary shares to the general public in IPO ...

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Nepalese Living Abroad Must Deposit At Least Rs. 50,000 In the Remittance Savings Account Before Applying for IPO

The Securities Board of Nepal (SEBON) has issued a circulation stating that 10% of the issued shares in the case of an organization’s initial public offering (IPO) of shares shall be allocated separately to Nepalese who have obtained work permits from the appropriate agencies of the Government of Nepal and ...

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Peoples Hydropower Company to Issue 56,06,390 Unit IPO Shares to General Public from Kartik 25

Peoples Hydropower Company Limited (PHDCL) has published an offer letter to issue its Initial Public Offering (IPO) to the general public. The company will be issuing 56,06,390 unit shares of Rs 100 face value from 25th Kartik, 2079. The company intends to collect Rs 56.06 crores from this IPO. The early ...

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Shareholders of Bottlers Nepal (Terai) and Bottlers Nepal Limited (Balaju) to Get Rs. 60 and Rs. 20 Per Share Dividend Respectively; Book Closure Date Yet to be Announced

Bottlers Nepal (Terai) Limited (BNT) has announced dividend of Rs. 60 per share on equity shares of Rs. 100 each to its shareholders. As per the notice published in Nepal Stock Exchange, the BOD meeting held on Ashwin 06, 2079 proposed cash dividend of Rs 60 per share to its shareholders ...

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Siddhartha Capital Announces AGM on Ashwin 28; 25% Cash Dividend for FY 2078/79

Siddhartha Capital Limited (SIDCL) has called its 11th AGM on 28th Ashwin, 2079. The meeting will be held in Siddhartha Capital’s head office located at Naxal, Kathmandu, starting at 3 pm that day. These are the agendas of the AGM: 1) Endorsement of financial reports for the fiscal year 2078/79.2) Endorse ...

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NEPSE Index Gains Minimal 0.61% and Closes at 1,848.82; Intraday Turnover Declined to Rs. 72.12 Crores

The NEPSE index closed at 1,848.80 today after gaining 11.19 points from last trading day. This is a gain of 0.61%. The index had lost 38.81 points yesterday. The index opened at 1,838.4 and went intraday high at 1,862.48. Then the index made intraday low at 1,838.14 and ultimately closed ...

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What Are The Requirements To Apply for Stock Broker and Stock Dealer License?

In order to apply for Stock Broker and Stock Dealer, the Securities Board of Nepal (SEBON) has issued an invitation to all qualified institutions. The inclusion of securities brokers and securities dealers in the securities market is required to expand the accessibility of the securities market to normal investors. The ...

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As Interest Rates Go Up, Bear Thrash NEPSE Index Back Down 2.88%

The NEPSE index closed at 1,924.48 today after losing 57 points from last trading day. This is a loss of 2.88%. The index had gained 47.44 points yesterday. The index opened at 1,983.26 and went intraday high at 1,989.84. Then the index made intraday low at 1,920.38 and ultimately closed ...

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IPO for General Public: Sikles Hydropower Issuing 11,50,000 Units IPO Shares from Bhadra 29

Sikles Hydropower Limited (SLHL) will be issuing 11,50,000 unit shares of Rs 100 face value from today i.e. 29th Bhadra, 2079. The early closing date of this issue is on 2nd Ashwin and if the issue is not fully subscribed then it can be extended up to Ashwin 12, 2079. Out ...

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Lumbini Province Assembly passes budget

The Lumbini Province Assembly has passed the budget for the fiscal year, 2079/80 with majority votes on Wednesday. Speaker Purna Bahadur Gharti had presented the budget seeking its passage. The Assembly members had discussed the budget allocation on various headings. The budget was unveiled some two weeks ago. The government ...

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