Friday, March 8, 2019

Panchthar Power IPO Allotment Result - All Allotted as per Demand upto 30 Unit Shares !



Panchthar Power Company Ltd. (PPCL) has successfully concluded its initial public offer (IPO) on Thursday afternoon 3:30 PM onwards today, 7th March 2019 (23rd Falgun 2075). The company had floated its IPO issue of 1,750,250 unit shares each at a face value of Rs 100 to the general public, for four working days, starting from Monday 25th February 2019 (13th Falgun 2075) to Thursday 1st March 2019 (17th Falgun 2075) just last week.


According to Sanima Capital Ltd., its issue manager, there were 82,741 applications applying for a total of 3,381,860 unit shares with 1.93 oversubscription, of which 33,565 applying for 10 unit shares have each been allotted full as demand and 11,482 applying for 20 unit shares have also been allotted full as demand, but 37,627 applying for minimum 30 unit shares to maximum 9,620 unit shares have each been allotted 20 unit shares on pro rata basis and each 33,531 of these have been lucky enough to be allotted with an additional 10 unit shares of the remaining 335,310 unit shares through the lottery system, thus leaving none empty handed.

Wednesday, March 6, 2019

The Master Swing Trader Toolkit: The Market Survival Guide !



With more than 50,000 copies sold, Alan Farley’s The Master Swing Trader has become the definitive guide for maximizing profit from short-term price moves. Now in his highly anticipated companion volume, The Master Swing Trader Toolkit: The Market Survival Guide, Farley builds on his proven strategies and techniques and delivers new tips for consistently beating the markets— today and in the future.


The Master Swing Trader Toolkit is a powerful application-oriented handbook that shows you how to identify and grow wealth from the opportunities resulting from the steep market crash. Additionally, this full-service volume offers prescriptions for prospering in the postcrash environment and provides guidance for finding new, reduced-risk market prospects during virtually any economic scenario to come.

Shivam Cement IPO Allotment Result - All Valid Applicants Allotted as per Demand Upto 5.220 Unit Shares!



Shivam Cements Limited (SCL) has successfully concluded its initial public offer (IPO) on Wednesday morning 10:30 AM onwards today, 6th March 2019 (22nd Falgun 2075). The company had floated 2% shares of the its issue capital, that is, 8,80,000 unit shares at a face value of Rs 200 per unit share to the project affected locals and 10%, that is, 44,00,000 unit shares at a face value of Rs 300 per unit shares to the general public, initially for four working days, starting from Monday 18th February 2019 (6th Falgun 2075) to Thursday 21st February 2018 (9th Falgun 2075), and due to undersubscription then extended for additional four working days till 26th February 2019 (14th Falgun 2075) for full subscription just last week.


According to Siddhartha Capital Ltd., its issue manager, there were 51,898 applications from the general public for 5,191,160 unit shares, collecting a total of Rs 1.56 billion with  1.26 oversubscription, while there were 1,898 applications from the local public for 489,900 unit shares with only 89% subscription, leaving 98,334 unit shares that will also be allotted to the general public for its oversubscription. Of the total 1898 local applications for 785,405 unit shares, only 1 application for 100 unit shares was rejected due to error and the remaining 785,305 valid applications were included in the allotment process of which applicants for 50 to 1,300 unit shares were allotted in full as per their demand, while applicants for 1,500 to 10,000 unit shares were allotted 1,350 unit shares each on pro rata basis, thus leaving none empty handed.

Wednesday, February 27, 2019

Universal Power IPO Allotment Result - Check HERE How Much You Are Allotted !



Universal Power Company Limited (UPCL) has successfully concluded its initial public offer (IPO) on Wednesday morning at 10 AM today, 27th February 2019 (15th Falgun 2075). The company had floated its total IPO issues of 93,27,410 unit shares worth of Rs 932 million at the face value of Rs 100 per unit share to the general public initially for four working days, starting from Friday 8th February 2019 (25th Magh 2075) to Tuesday 12th February 2018 (29th Magh 2075) and since due to under subscription later extended for an additional 7 working days upto until full subscription by Wednesday 20th February 2019 (8th Falgun 2075) just last week.


According to Siddhartha Capital Ltd., its issue manager, the IPO was closed after its full subscription by about 1.06 times, attracting 105,159 applications from the public. Of the total applications, 40 applications for 3,160 unit shares were rejected due to errors and the remaining 105,119 valid applications were included in the allotment process of which applicants for 50 to 1,300 unit shares were allotted in full as per their demand, while applicants for 1,500 to 10,000 unit shares were allotted 1,350 unit shares each on pro rata basis, thus leaving none empty handed.

Check the DETAILS HERE:

Saturday, February 9, 2019

Asha Laghubitta IPO Allotment Result - Check HERE if You're Lucky have Allotted 10 Units !



Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully concluded its initial public offer (IPO) on Friday afternoon, 8th February 2019 (26th Magh 2075). The company had floated its IPO issues of 0.674 million unit shares worth of Rs 67.4 million at the face value of Rs 100 per unit share to the general public for four working days, starting from Friday 1st February 2019 (18th Magh 2075) lasting till Tuesday 5th February 2018 (22nd Magh 2075) just early this week.


According to Prabhu Capital Ltd., its issue manager, the IPO has been oversubscribed by about 18.39 times with an overwhelming public response, attracting over 309,782 applications worth Rs 1.58 billions (Rs 1.58 arabs) demanding over 11.58 million unit shares till the final day of the issue. Of the total applications, 677 applications for 32,900 unit shares were rejected due to errors and the remaining 309,105 valid applications were included in the allotment process of which only 62,993 (20.38%) lucky applicants are allocated the mandatory 10 unit shares through the lottery system, leaving the a larger number of remaining 2,46,122 (79.62%) applicants empty handed.

Check the DETAILS HERE:

Wednesday, February 6, 2019

Bonus Share Tax Update: Check Here for Details !


Have you yet not received in your Demat account till date your bonus shares, that were distributed by banks in the fiscal financial year 2073/074? If so, have you purchased shares of the following 15 banks at certain dates? If you are entitled to receive such bonus shares since you purchased those shares in the specified date, then you are also responsible for the levied tax payment deposition into the respective bank accounts. Unless you pay them, you won't receive the bonus shares of these 15 companies.

Out of the total listed companies, annual general meeting (AGM) of 15 companies didn't approve cash dividend for tax purpose levied on bonus distribution in the FY 2073/74. Due to which, shareholders of all these 15 companies including seven commercial banks, five development banks, two microfinance and one finance companies till date have not yet received their bonus shares in their Demat accounts and the respective companies have already issued their notice to pay the levied tax amount in their corresponding bank account. Check out which companies are they and how much their bonus share tax is and what their purchase dates are, what amount of those companies and how much taxes should be paid on which company's bonus, since purchasing their shares till date.


Among these 15 companies, 12 banks including seven commercial banks namely Bank of Kathmandu Limited (BOKL), Mega Bank Nepal Limited (MEGA), Janata Bank Nepal Limited (JBNL), Prime Commercial Bank Limited (PCBL), Sanima Bank Limited (SANIMA), Siddhartha Bank Limited (SBL), Sunrise Bank Limited (SRBL) and five development banks namely Gandaki Bikas Bank Limited (GDBL), Garima Bikas Bank Limited (GBBL), Jyoti Bikas Bank Limited (JBBL), Om Development Bank Limited (ODBL), Shine Resunga Development Bank Limited (SHINE) have notified their shareholders to pay the taxes through a notice. Similarly, the remaining three companies including two microfinance namely Kisan Microfinance Bittiya Sanstha Limited (KMFL), Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) and one finance company namely Shree Investment Finance Company Limited (SIFC) have also issued a notice to their shareholders to pay their respective taxes.

Saturday, January 19, 2019

Cash Dividend & Bonus Share - Current Update !



Are you up-to-date with the current cash dividend, bonus share and right share of different companies? Have you received your cash dividend ? How much? Are they proposed only or already approved in their annual general meeting (AGM)?



What is DIVIDEND?

Dividend is certain portion of income of the company which is given for existing shareholders in the proportion of their holdings. The company may or may not provide dividend every year. It depends upon the decision of board of management & board of directors. Dividend distribution majorly depends up the capacity of organizations. Dividend is provided in two forms; cash dividend & stock dividend (bonus share).

Check the LIST HERE: