Tuesday, December 17, 2019

Sindhu Bikas Bank (SINDU) announces bonus shares !



Sindhu Bikas Bank (SINDU) has announced bonus shares for shareholders from the distributable profit of FY 2075/76.


The board meeting of the company held on 01 Poush 2076 has decided to distribute 11.513% bonus shares and 0.575% lakh cash dividend for tax purpose.

The decision should approved by Beema Samiti and Annual general meeting of the company.


Currently its paid up stands at Rs. 50 crore.


Nepal Stock News Today !

Nepal Bank (NBL) Bonus Shares and Cash Dividend after 23 Years !
January 11, 2020

Sindhu Bikas Bank (SINDU) proposes bonus shares !
December 18, 2019

Arun Kabeli Power Limited (AKPL) 9th AGM called !
December 9, 2019

Oriental Hotel Limited (OHL) Bonus Share listed for trading !
December 8, 2019

Arun Valley Hydripower (AHPC) announces Bonus Shares !
December 8, 2019

November 24, 2019

November 24, 2019

November 24, 2019

November 24, 2019

November 24, 2019

Sunday, December 8, 2019

Arun Kabeli Power (AKPL) calls AGM !



Arun Kabeli Power Limited (AKPL) has announced Book Close of its 9th Annual General meeting (AGM) going to be held on 15th Poush, 2076.


The book will be close on 15th Poush, 2076. Only the shareholders who get registered in the book within 14 Paush 2076 or one day ahead of book close will be eligible to participate in AGM.

Oriental Hotels (OHL) Bonus Share Listed !



Nepal Stock Exchange Limited (NEPSE) has published a notice regarding the listing of bonus shares of Oriental Hotel Limited (OHL).


As per the notice, 537,185.92 Bonus Shares of OHL have been listed in NEPSE. These shares can now be traded in the secondary market. OHL had distributed 5% bonus shares and 10.79% cash dividend out of the profits of FY 75/76.

Arun Valley Hydropower (AHPC) announces bonus shares !



Arun Valley Hydropower Development Company Limited (AHPC) has announced dividend for its shareholders from the distributable profit of fiscal year 2075/76.


The board meeting of the company held on 22 Mangsir 2076 has decided to distribute 7% bonus shares and 0.63% cash dividend for tax purpose.

The decision should be approved by Annual general meeting (AGM).


Sunday, November 24, 2019

Janautthan Samudayik (JSLBB) Right Share Listed !



Nepal Stock Exchange (NEPSE) has listed 2,88,000 unit right shares of Janautthan Samudayik Laghubitta Bikas Bank Ltd (JSLBB).


JSLBB had issued 1:1 right shares i.e. 2,88,000 unit right shares to its shareholders from Shrawan 15, 2076. A total of 2,88,000 unit right shares has been listed in NEPSE for trading.

Life Insurance Co, Nepal (LICN) Bonus Share Listed !



Nepal Stock Exchange (NEPSE) lists 51,51,612 units of bonus shares of Life Insurance Corporation Nepal Limited (LICN).


LICN had distributed 34.46% bonus shares from the profit of FY 2074/75. A total of 51,51,612 Bonus Shares has been listed in NEPSE for trading.

National Microfinance (NMFBS) calls AGM for Dividend !



National Microfinance Bittiya Sanstha Ltd. (NMFBS) has announced Book Close of Annual General meeting (AGM).


The book will be close on 16 Mangsir 2076. Only the shareholders who get registered in the book within 15 Mangsir 2076 or one day ahead of book close will be eligible to participate in AGM.

Swarojgar Laghubitta (SLBBL) announces Book Close and AGM !



Swarojgar Laghubitta Bittiya Sanstha (SLBBL) has announced its Book Close and calls its Annual General meeting (AGM).



The book close will be on 15 Mangsir 2076. Only the shareholders who get registered in the book within 14 Mangsir 2076 or one day ahead of the book close will be eligible to participate in AGM.

The bank will convene 11th AGM on 28 Mangsir 2076 at Kayastha Banquet, Banepa, Kavrepalanchok, 10:30 AM.

The agendas of AGM are:
  • to endorse 26.7520% or Rs. 7.20 crore bonus shares and 1.4080% or Rs.37.94 lakh cash dividend from the income of FY 2075/76
  • to approve audited financial statement of FY 2075/76.
  • to appoint statutory auditor for FY 2076/77
  • to issue 100% right shares
  • to go for merger and acquisition with appropriate bank and financial institutions; provided authority for BOD and signed MOU and assets and liabilities valuation through DDA.
  • to amend MOA and AOA, etc
Currently, its paid up capital stands at Rs. 26.95 crore.

Sana Kisan Bikas Laghubitta (SKBBL) announces Bonus Shares !



Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has announced dividend for shareholders from the distributable profit of FY 2075/76.


The board meeting of the company held on 06 Mangsir 2076 has decided to distribute 27.25% bonus share and 1.434% cash dividend for tax purpose.

The decision should be approved by Nepal Rastra Bank (NRB) and Annual general meeting (AGM).

Its paid up capital stands at Rs.78.60 crore.


Tuesday, April 30, 2019

Nepal Agro Laghubitta IPO Allotment Result - Only 4.8% Applicants Allotted 10 Share Units !



Nepal Agro Laghubitta Bittiya Sanstha Ltd (NALBSL) has successfully concluded its initial public offering (IPO) on Tuesday morning after 09:00 AM today, 30th April 2019 (17th Baishakh 2076) in the premises of Nepal SBI Merchant Banking Ltd., its issue manager. The microfinance company had floated 161,778 unit ordinary shares worth Rs 16.18 million (Rs 1.618 crores) at a face value of Rs 100 each to the general public, for four working days, starting from Sunday 21th April 2019 (8th Baishakh 2076) to Wednesday 24th April 2019 (11th Baishakh 2076) just a week ago last month.


The issue had received 315,630 applications for 6,402,330 unit shares with an overwhelming 42.24 times oversubscription, of which 705 applications for 14,200 unit shares were invalid due to errors and of the remaining 314,925 valid applications for 6,388,925 unit shares, only 15,120 (4.8%) lucky ones were allotted 10 unit shares each by lottery on pro rata basis, thus leaving a larger of 299,805 (95.2%) applications empty handed.

Tuesday, April 16, 2019

Himalaya Urja IPO Allotment Result - 66,950 Lucky Applicants Allotted Maximum 20 Unit Shares Each !



Himalaya Urja Bikas Company Ltd. (HUBCL) has successfully concluded its initial public offering (IPO) on Tuesday afternoon at 1:00 PM today, 16th April 2019 (3rd Baishakh 2076) in Indreni Banquet, New Baneshwor, Kathmandu. The company had floated 1,485,000 unit shares worth Rs 148.5 million (Rs 14.85 lakhs) at a face value of Rs 100 each to the general public, for four working days, starting from Wednesday 3rd April 2019 (20th Chaitra 2075) to Monday 8th April 2019 (25th April 2075) just over a week ago.


According to Nabil Investment Banking Ltd., its issue manager, the issue had received 69,708 applications for 4,895,850 total unit shares with 3.58 times oversubscription, of which 38 applications for 2,800 unit shares were deemed invalid due to errors and of the remaining 69,670 valid applications for 48,93,050 unit shares, all were allotted 10 mandatory unit shares each initially and the remaining unit shares were then allotted again to 66,950 lucky applicants through lottery system an additional 10 unit shares each, on pro rata basis so that 66,950 (96.1%) of the valid applicants have been lucky enough to be allotted with a maximum of 20 unit shares and 2,720 (3.9%) with a minimum of 10 only, thus leaving none empty handed.

Thursday, March 28, 2019

Trishuli IPO Allotment Result - 50,267 Lucky Applicants Allotted Maximum 30 Unit Shares Each !



Trishuli Jal Vidhyut Company Ltd. (TJVCL) has successfully concluded its initial public offering (IPO) on Thursday morning at 1:00 PM today, 28th March 2019 (14th Chaitra 2075) in the presence of honorable minister Mr. Barsha Man Pun in the meeting hall of his Ministry of Energy, Water Resources and Immigration, Singha Durbar, Kathmandu. The company had floated 3,705,000 unit ordinary shares worth Rs 370.5 million (Rs 37.05 crores) at a face value of Rs 100 each with an initial call amount Rs. 10 to the general public, for four working days, starting from Thursday 21st March 2019 (7th Chaitra 2075) till its early closing date Monday 25th March 2019 (11th Chaitra 2075) just this week.


As per its issue manager Global IME Capital Ltd., the issue had received 154,624 applications for 64,552,900 unit shares worth Rs 645.529 million (Rs 64.55 crores) with 18.61 times oversubscription, of which 67 applications were invalid due to errors and of the remaining 154,559 valid applications, all were allotted a minimum 20 unit shares each while only 50,267 lucky ones were allotted an additional 10 unit shares each by lottery on pro rata basis, thus 50,267 applicants allotted with a net maximum 30 unit shares each and 104,292 applicants a net minimum 20 unit shares each.

Sunday, March 24, 2019

Sparsha Laghubitta IPO Allotment Result - Only 8.23% Applicants Allotted 10 Share Units !



Sparsha Laghubitta Bittiya Sanstha Ltd. (SPARSHA) has successfully concluded its initial public offering (IPO) on Sunday morning at 10:00 AM today, 24th March 2019 (10th Chaitra 2075) in the premises of Sanima Capital Ltd., its issue manager. The microfinance company had floated 269,630 unit ordinary shares worth Rs 26.963 million (Rs 2.6963 crores) at a face value of Rs 100 each to the general public, for four working days, starting from Sunday 10th March 2019 (26th Falgun 2075) to Wednesday 13th March 2019 (29th Falgun 2075) two weeks ago.


The issue had received 298,938 applications for 8,138,440 unit shares with an overwhelming 30.2 times oversubscription, of which 585 applications for 15,500 unit shares were invalid due to errors and of the remaining 298,353 valid applications for 8,122,940 unit shares, only 25,200 (8.45%) lucky ones were allotted 10 unit shares each by lottery on pro rata basis, thus leaving a larger of 273,153 (91.55%) applications empty handed.

Saturday, March 16, 2019

Mountain Hydro IPO Allotment Result - 47% Applicants Allotted Upto 40 Share Units !



Mountain Hydro Nepal Ltd. (MHNL) has successfully concluded its initial public offering (IPO) on Sunday morning at 10:00 AM today, 17th March 2019 (3rd Chaitra 2075) in the head office at Naxal, Kathmandu. The company had floated 1,816,110 unit shares (including 566, 110 unit shares unsubscribed by the locals) worth Rs 181.611 million (Rs 18.1611 lakhs) at a face value of Rs 100 each to the general public, for four working days, starting from Thursday 7th March 2019 (23rd Falgun 2075) to Tuesday 12th March 2019 (28th Falgun 2075) just over a week ago.


According to Siddhartha Capital Ltd., its issue manager, the issue had received 50,954 applications for 3,394,810 unit shares with 1.92 times oversubscription, of which 16 applications for 1,540 unit shares were invalid due to errors and of the remaining 50,938 valid applicants, 26,973 applications (52.95%) were allotted 30 unit shares each and the other 9,58,600 applications were allotted 40 unit shares each on pro rata basis so that 23,965 (47.05%) of these applications have been lucky enough to be allotted with an additional 10 unit through the lottery system, thus leaving none empty handed.