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National Daily

'Aarthik Abhiyan National Daily' is a national daily newspaper on economy-politics including share market and activities on stock and banking.

'आर्थिक अभियान राष्ट्रिय दैनिक' न्यू बिजनेस एज प्रा लि द्वारा प्रकाशित अर्थ-राजनीतिक राष्ट्रिय दैनिक हो ।

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Oriental Hotels (OHL) Bonus Share Listed !

BONUS 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.

Check the DETAILS HERE:

Janautthan Samudayik (JSLBB) Right Share Listed !

BOOK CLOSE:

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.

Check the DETAILS HERE:

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

BONUS 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.

Check the DETAILS HERE:

Citizen Bank (CZBIL) FPO Allotment Concludes, Check Your Result Here !

FPO RESULTS:

The allotment of the Further Public Offering (FPO) of Citizen Bank International Ltd. (CZBIL) was successfully concluded yesterday Friday morning 10th August 2018 (25 Shrawan 2075) by Global IME Capital Ltd., its issue manager. The allotment was held amidst a program organized at Global IME Capital Office in Jamal, Kathmandu at 9:00 AM.

Out of the total 62,709 valid applicants, exactly 46,382 (74%) were decided through lottery and each of 46,376 lucky ones got a mandatory 10 unit shares as per the SEBON directive and each of the rest 6 more super lucky ones received 11 unit shares, while the remaining 16,327 (26%) were unfortunately left empty-handed.

Check the RESULTS HERE:

Panchakanya Mai IPO Allotment Concludes, Check Your Result Here !

IPO RESULTS:

The allotment of the Initial Public Offering (IPO) of Panchakanya Mai Hydropower Ltd. (PMHL) has successfully been concluded today Friday morning 27th July 2018 (11 Shrawan 2075) by Sunrise Capital Ltd., its issue manager. The allotment was held amidst a program organized at Sunrise Capital premises in Kamalpokhari, Kathmandu at 10:00 AM.

Out of the total 1,46,389 valid general applicants, exactly 1,00,100 (68.38%) were decided through lottery and each lucky one was allotted a mandatory 10 unit shares as per the SEBON directive while the remaining 46,289 (31.62%) were unfortunately left empty-handed.

Check the RESULTS HERE:

Panchakanya Mai Hydropower IPO Allotment, 68% Applicants with 10 Units Lottery !

IPO ALLOTMENT:

The allotment of the Initial Public Offering (IPO) of Panchakanya Mai Hydropower Ltd. (PMHL) will soon be concluded by this Friday 27th July 2018 (11 Shrawan 2075) by Sunrise Capital Ltd., its issue manager. Nearly 68% of the total applicants verified will be allotted with a minimum 10 unit shares of its IPO by the lottery system.

The company had issued 11,00,000 unit shares at a face value of Rs 100 per unit share for 4 days just last week starting from Monday 17th July 2018 (1st Shrawan 2075) till Friday 20th July 2018 (4th Shrawan 2075). Of the total unit shares, 44,000 (4%) units were set aside for employees whereas another 55,000 (5%) units were set aside for mutual funds. Thus, the remaining 10,01,000 (91%) units were available for the general public.

The company has collected over Rs 1.84 arba from nearly 1.50 lakh applicants and IPO is oversubscribed by nearly 18.4 times. As per the directory published by Securities Board of Nepal (SEBON), the rule of "10 units for applicants" prevails in the allotment and a total of 1,00,100 (68.38%) lucky applicants will be allotted at the rate of 10 unit shares, provided each valid applicant is allotted a minimum of 10 unit mandatory shares through the lottery system and the remaining 46,289 (31.62%) applicants will unfortunately be empty handed.

The company had earlier issued Initial Public Offering (IPO) shares of 11,00,000 units shares worth Rs 11 crore at par value of Rs 100 per unit to the project affected local residents of Sandakpur Rural Municipality and Ilam Municipality last year. It has generated 9.98 MW electricity from its project area - Mabu, Maimjhuwa and Sulubung VDC of Illam district. In addition, the company’s 6.1 MW Upper Mai (Cascade) Hydropower Project is in final stage of construction. 

With this IPO issue, its paid-up capital will hike to Rs 1.10 arba and the promoter's holding will dilute to 80%. Its 10% shares have already been issue to locals of the project area and other 10% are soon to be allotted to the general public.

ICRA Nepal has assigned Grade 4 rating to the upcoming IPO issue indicating below average fundamentals.

Check the RESULTS HERE:

NMB Bank FPO Allotment Concludes, Check Your Result Here !

FPO RESULTS:

The allotment of the Further Public Offering (FPO) of NMB Bank has successfully been concluded today afternoon by Citizen Investment Trust, the issue manager. The allotment was just done in the Head Office premises of NMB Bank, Babarmahal, Kathmandu.

The bank had issued 1,14,15,163 unit shares as FPO to the general public at a price of Rs 333 per unit share.

A total of 69,646 applicants had applied for the FPO while 69,626 were deemed to be valid applicants. Applications were received for a maximum of 2,25,200 unit shares.

Check the RESULTS HERE:

Daily News Update !

चालू आवमा ३३ अर्बको बोनस र साढे २५ अर्बको हकप्रद शेयर आयो !

काठमाडौं, असार ३० । चालू आर्थिक वर्षको असार २९ गतेसम्ममा नेपाल धितोपत्र बोर्डमा १०९ वटा कम्पनीको ३३ अर्ब २ करोड ५९ लाख २९ हजार रुपैयाँबराबरको ३३ करोड ८० लाख ७८ हजार कित्ता बोनस शेयर वितरण गर्न आवेदन दिएका छन् ।नेपाल स्टक एक्सेन्ज (नेप्से) मा सबै कम्पनीको बोनस शेयर सूचीकृत भइसकेका छन् ।

Details check here !

NBL FPO at Rs 280 Best Opportunity for Portfolio Add !

FPO:

After much wait, Nepal Bank Limited (NBL) is issuing its Further Public Offering (FPO) to the general public. The bank is issuing a total of 1,76,84,858 unit shares as FPO at a face price of Rs 280 per unit share. The bank created many controversies when it had announced to issue FPO as the bank was unable to comply with the guidelines of Securities Registration and Issue Regulation, 2073. People were unsure whether the bank would be able to issue FPO or not. However, the commercial bank is now issuing FPO after gaining approval from all the regulatory bodies.

Issue Synopsis:
Company Name                       : Nepal Bank Ltd (NBL)

No of Shares Issued               : 1,76,84,858 units

Amount to be Collected        : Rs 4,95,17,60,240

Issue Manager                          : Siddhartha Capital Ltd

The interested applicants can make their applications through any of the financial institutions providing C-ASBA facility. The application can made for minimum of 50 unit shares and a maximum of all up to 1,76,84,858 unit shares.

After the new decision being made by the Securities Board of Nepal (SEBON), the institutional applicants can thus apply for the FPO share from the first day as well. The issue is now open, starting from Friday yesterday June 29th 2018 (Ashadh 15, 2075) initially for about a week lasting till this Thursday July 5th 2018 (Ashadh 19, 2075).

Check here for Details »

Beginner's Guide to Nepali Share Market !

STOCK GUIDE:

I still remember my teachers compelling me to memorize the formulas that were associated with stocks. None of my teachers told me or my classmates to make experiments. I think practical knowledge was not in our “syllabus”. Enough with this bitching, now I am trying to get the “practical knowledge” by investing in stock market. I am just a noob, so if you know more than I do please don’t dither to share.

Right after I bought a share for the price of (say) X, the market was going insane, the price went up X+3 and I thanked god for that. After a while the market start to fall and ended up on X-1, phew. Next day I was curious and woke up at 7 (ma 8 baje matra uthxu) and started to look for the market live at NepalStock and NepaliPaisa’s site. I am not as dumb as I look, I know the market opens at 11 am and closes at 3 pm, but the suspense was killing me. When the market started to trade, there was a huge drop and it went to X-10. Damn, I just brought 100 stocks, was trying to feel for the person who might have bought 1000 stocks or more. That’s share market you can predict high or low, but one can’t forecast by what numbers it will fluctuate.

Check here for Details »

Company Analysis of Banks, Finances, Insurances, Microfinances !

ANALYSIS:

Check the LINK below for details on Analysis of Companies Listed in NEPSE:

(नेप्सेमा सूचिकृत २८ वटै बाणिज्य बैंकहरुको वित्तिय विश्लेषण तथ्यांकको लागि निम्न लिंक्समा क्लिक गर्नुस् !)

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Is it Worth Applying for NMB Bank FPO??? How Much to Invest?

FPO Analysis:

In the due course of expanding the paid-up capital, 21st AGM of NMB Bank had endorsed the agenda of capital increment through FPO. Later the Board meeting of the company held on Paush 24, 2073 decided to issue 1,14,15,163 units shares at a premium price. The issuance of shares through FPO would not only increase the capital and collect reserves but also dilute the promoter shareholding to 51%.

NMB Bank had previously issued FPO to its Joint Venture Partner (FMO Netherland) at Rs 250.

Check here for Details »

How Lucrative is FPO of NMB Bank? How much to Apply?

FPO:

The FPO issuance of NMB Bank has started from today. The bank is issuing 1,14,15,163 unit shares at a price of Rs 333. The bank has endorsed the public offering to meet its capital requirement of Rs 8 arba. After issuing the Further Public Offering, the share capital of the bank will stand at Rs 7.60 arba. To fulfill the minimum capital requirements of Rs 8 arba, NMB will need to issue only about 6% bonus shares. Along with the fulfillment of capital requirement, the company’s share structure will be converted to 51:49. The current capital structure of the bank is around 60:40.

Just like in previous FPOs, this issue has also gathered much interest from the investors. But in the recent period, the investors have started to become wary as the issue price is very close to the current market price. The recent FPO issuance of Butwal Power Company and Pokhara Finance can be considered as examples.

The main issue creating dilemma among the investors on whether to apply for the FPO is its price of Rs 333, as the current trading price of the stock is Rs 368. There is not much room for capital gain should the market continue its recent downward trend. The calculation of the FPO price based on the SEBON’s guidelines was determined to be Rs 535. The bank had also proposed the FPO at Rs 422 earlier, but after certain market survey, it lowered the price to Rs 333.

Check here for Details »