- Miteri Development Bank to convene its 14th AGM on Chaitra 8, 2076; Book closure for 18.525% bonus on Falgun 27
- "12% ICFC Finance Debenture 2083" issue closes from today; Interested investor can apply till banking hour
- Govt increases tax net; Nepal Rastra Bank would get new governor in third week of March
- IPO alert! Sanima General Insurance to float 30 lakh unit shares to general public with NIC ASIA Capital as issue manager very soon
- SEBON approves 100% right shares of Civil Laghubitta; 11.41 lakh units being issued by the microfinance
- Turnover record broken again! Total turnover on Falgun 14 at Rs 4.15 arba
- Siddhartha Bank expands at two more locations in Waling of Syangja and Hattiban of Lalitpur; expands gradually pressing 182 branches into service
- Citizens Bank provides financial support of Rs 50K to Poulastay Ma.Vi. in Beni of Myagdi; aims to provide clean drinking water to 250 plus students
- Bank of Kathmandu to reward its MoBanking customers with 25% cashback for mobile top-up; customers to get cashback for first top-up
- NMB Bank expands with 164th branch in Rolpa; new branch to facilitate banking access to locals of remote hilly district of west Nepal
Featured
Khalti Expands Online Water Bill Payment Service to all Seven Provinces; to have reach over 83 water supply committees in 26 districts
Khalti Digital Wallet has expanded its online water bill payment facility to all seven provinces of Nepal. Khalti enabled water bill payment service at 83 water supply committees in 26 districts on Th...
Exclusive News
Market capitalization record of 2016 bull broken today; NEPSE Index reaches 1,632.17 points making 33 months high with Rs 20.83 kharba Market Cap
The market capitalization is the total market value of the listed companies in the stock exchange. It is computed by multiplying the market price (LTP-Last Traded Price) to the total number of outstanding shares. Similarly, the index of the stock exchange is calculated by dividing the market capitalization of all shares by the base market capitalization and then multiplying by 100. The highest market capitalization was last recorded on July 27, 2016, when the NEPSE index hit 1,881.45 points. On this historic day, the market capitalization stood at Rs 20.70 kharba. Similarly, the float market capitalization stood at Rs 6.91 kharba. The marke...
At how much discount are mutual fund schemes being traded on NEPSE? Is it a good time to invest in m...
The mutual fund sector of the Nepalese stock market consist of 17 close end schemes and one open end scheme. Out of these only 13 schemes are currently traded on the secondary mark...
Check out how much commission investors paid in last 41 trading days; Rs 66.35 arba turnover recorde...
The market has shown a positive sign with the green color on NEPSE. Investors’ sentiment towards the market is transforming. SS Pro confidence meter reflects a strong confide...
Six month macro-economic data reflects overall improvement; look at the major highlights of the repo...
The central bank published annual macro-economic data for the year of 2019/20. The report covers major details on inflation, trade, services, remittance, BOP position, foreign exch...
As the market takes upward stride, where does the PE ratio of listed companies stand? Find out the l...
The secondary market of Nepal is striding upwards with the NEPSE index rising along with the share prices of many listed companies. This rise in prices has a significant impact on...
Announcement
- 2020-02-28 Miteri Development Bank Limited has announced its 14th AGM going to be held on 8th Chaitra, 2076.
- 2020-02-28 ICFC Finance Limited is closing its (2,00,000 units @ Rs.1000 per unit) 12% ICFC Finance Limited Debenture 2083 to the general public from today (16th Falgun, 2076).
- 2020-02-28 Liberty Energy Company Limited has published an offer letter to issue 15,00,000 units IPO shares the project affected local residents of Besisahar Rural Municipality, Dordi Municipality Ward No. 11 and Lamjung District from (27th Falgun to 11th Chaitra, 2076).
- 2020-02-28 Ganapati Microfinance Bittiya Sanstha Limited has changed its name to Ganapati Laghubitta Bittiya Sanstha Limited.
- 2020-02-28 NMB Bank Limited has published a notice regarding new interest rate and its effective from 15th Falgun, 2076.
- 2020-02-27 Api Power Company Limited has announced its 16th AGM going to be held on 7th Chaitra, 2076.
- 2020-02-27 Global IME Capital Limited has published (Global IME Samunnat Scheme-1) Net Assets Value (NAV) till Magh, 2076.
- 2020-02-27 CBIL Capital Limited has published “Citizens Mutual Fund-2” Net Asset Value (NAV) till Magh, 2076.
- 2020-02-27 CBIL Capital Limited has published “Citizens Mutual Fund-1” Net Asset Value (NAV) till Magh, 2076.
- 2020-02-27 NIC Asia Bank Limited has published a notice regarding bid opening date of 55,000 units promoter shares of (Surya Life Insurance Company Limited) in auction to the general public on (16th Falgun, 2076).
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Nepal Reinsurance Company Limited | 16,000,000 | Coming Soon | Coming Soon | Coming Soon | |
| 2 | NRN Infrastructure and Development Limited | 3,398,046 | Coming Soon | Coming Soon | Coming Soon | |
| 3 | United Idi-Mardi and R.B. Hydropower Limited | 1,050,000 | Coming Soon | Coming Soon | Coming Soon | |
| 4 | Liberty Energy Company Limited | 3,750,000 | Coming Soon | Coming Soon | Coming Soon | |
| 5 | Sabaiko Laghubitta Bittiya Sanstha Limited | 530,000 | 2019-07-17 | 2019-07-21 | Closed |
Dividend, Bonus & Rights
- SEBON approves 100% right shares of Civil Laghubitta; 11.41 lakh units being issued by the microfinance
- 100% right shares worth Rs 93.30 crore of Arun Valley Hydropower graded 4+; Grading indicates below-average fundamentals
- Api Power Company to convene 16th AGM on Chaitra 07; Bonus, right and other issues in agenda
- Fleur Himalayan to convene AGM on Chaitra 07, 2076; Book closure on Falgun 15
- Applications open for auction of ordinary shares of Lumbini General Insurance; 99,726 units being auctioned
- Last day to grab shares of Ngadi Group Power to be eligible for 10% cash dividend; AGM on Falgun 27
- Sahayogi Bikas Bank to distribute 18.72% cash dividend for FY 75/76; decision to be endorsed in upcoming AGM
- Book closure for 100% right issue of Gurans Life Insurance on Falgun 22, 2076; Capital to reach Rs 1.87 arba after adjustment
- First phase of 200% right issuance of Api Power approved by SEBON; Company to issue 56.70 lakh units i.e 47%
- Premier Insurance not distributing any dividend for FY 2075/76; Find its dividend history
IPO News
- Liberty Energy Company issuing IPO of 15 lakh unit shares to locals of Lamjung district from Falgun 27; can apply minimum 10 units
- IPO alert! Sanima General Insurance to float 30 lakh unit shares to general public with NIC ASIA Capital as issue manager very soon
- NEPSE Index continues to break records to close at 1632.17 points, gaining almost 200 points this week; three commercial banks hit the positive circuit
- CARE Ratings Nepal assigns Grade 4+ to IPO of Mountain Energy Nepal indicating below average fundamentals; IPO worth Rs 39.36 crore being proposed
- IPO issues of two hydropower companies approved by SEBON; a total of 4.8 Million units to be issued
- Singati Hydro Energy to convene AGM on Falgun 30; Major agendas include IPO and loan approval
- IPO of Bindhyabasini Hydropower gets Grade 4+ rating from CARE Ratings Nepal; Rating indicates below average fundamentals
- SEBON gives final approval for IPO to two companies; issues worth total of Rs.1.93 Arba approved
- SEBON adds IPO of Ajod Insurance to its pipeline; Company issuing 30 lakh units with CARE Rating of Grade 4
- Bindhyabasini Hydropower to convene 3rd AGM on Falgun 22; Major agenda regarding issuance of IPO
Interviews
Expect a 'game changer' in the economic and social sector: Finance Minister Dr Khatiwada
1 month agoFinance Minister Dr. Yuba Raj Khatiwada has said the overall economic indicators of the country were healthy and the economy was moving ahead on the right trajectory. Stating that implementation of federalism was on a successful course, he asserted that the confusions seen regarding the fiscal federalism have been 'cleared' within short period and it was under implementation. Finance Minister Khatiwada said all sectors have entered to a new phase, he expressed the belief that there would be ec...
Everest Bank Limited marks its 25th anniversary welcoming new CEO Mr. Gajendar Kumar Negi, who says “While wor...
4 months agoEverest Bank Limited has accomplished a quarter of century in the Nepalese banking sector as it marks its Silver jubilee today. In the time period of two and a half decade, it is not simply Everest Ba...
"Cleansing the hiring culture of Nepal from ABC virus is the first step in creating successful organization";...
5 months agoInterviewee: Ganesh Raj Pokharel, CEO of Citizens Bank International Interviewer: Aakriti Thakali and Sandeep Rana from Sharesansar Profile: Academics: Executive MBA degree in Finance from Kath...
“You don’t become a CEO simply to handle big files. You become a CEO to prepare your employees so that they ca...
1 year ago-Dheerusha Tiwari “Nepali janata ko Bank, Janata Bank Nepal” Janata Bank Nepal has left no stone unturned in order to substantiate this tagline among its clients, corporates and associat...
"Entrepreneurship is more about uncovering the illusion of knowledge than just putting up a product"; Intervie...
1 year agoSixit Bhatta, CEO and co-founder of Tootle, has played a crucial part in changing the way people commute through the introduction of the Tootle app. Tootle is a smart-phone app that provides platform...
Auction Data
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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Terhathum Power Company Limited | 1,200,000 | Hydropower | |
| 2 | Singati Hydro Energy Limited | 4,350,000 | Non Category | |
| 3 | Emerging Nepal Limited | 500,000 | Non Category | |
| 4 | Greenlife Hydropower Limited | 3,496,400 | Hydropower | |
| 5 | Mountain Energy Nepal Limited | 1,968,027 | Non Category | (For Local People : 19,68,027 Kitta For General Public : 19,68,027 Kitta) |
Sub Indices
As of 2020-02-27
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,358.20 | 1,434.36 | 1,320.56 | 1,440.15 | 2,033,380,000 | 77.50 | 5.71 | 1,434.36 | 936.83 |
| Development Bank | 2,023.01 | 2,059.82 | 1,995.55 | 2,063.70 | 815,970,000 | 34.77 | 1.72 | 2,059.82 | 1,400.96 |
| Finance | 721.18 | 723.85 | 710.20 | 712.66 | 361,045,000 | -9.12 | -1.26 | 732.76 | 550.39 |
| Hotels | 2,006.62 | 2,051.29 | 2,001.12 | 2,007.78 | 28,777,100 | -26.65 | -1.31 | 2,248.03 | 1,674.22 |
| HydroPower | 1,123.16 | 1,123.85 | 1,095.74 | 1,102.30 | 140,884,000 | -20.93 | -1.86 | 1,373.63 | 901.64 |
| Life Insu | 9,945.86 | 9,993.55 | 9,485.12 | 9,741.31 | 725,718,000 | -195.22 | -1.97 | 9,993.55 | 4,814.83 |
| Manufacturing And Processing | 3,226.71 | 3,258.40 | 3,182.93 | 3,243.16 | 270,724,000 | -36.26 | -1.12 | 3,258.40 | 1,977.14 |
| Microfinance | 2,802.66 | 2,802.66 | 2,738.13 | 2,747.30 | 509,217,000 | -58.82 | -2.10 | 2,838.63 | 1,363.66 |
| Mutual | 10.93 | 10.93 | 10.70 | 10.76 | 9,729,890 | -0.20 | -1.83 | 11.07 | 8.95 |
| Non Life Insu | 7,568.55 | 7,568.55 | 7,380.57 | 7,355.16 | 1,083,720,000 | -184.09 | -2.43 | 7,682.90 | 3,936.49 |
| Others | 830.67 | 830.67 | 800.29 | 799.42 | 80,908,800 | -21.66 | -2.64 | 842.27 | 624.12 |
| Trading | 988.84 | 992.06 | 930.59 | 943.79 | 7,366,970 | -61.63 | -6.21 | 1,007.63 | 242.50 |
Weekly Analysis
Analysis
Non-Life Insurance and Microfinance sector witness a massive rallies with weekly recording breaking turnover of Rs 11.20 arba ; Kalika Laghubitta gai...
NEPSE Index gained 89.98 points (6.69%) in the trading week between 16th February to 20th February, 2020. This week market opened at 1344.59 points but close at high of the week 1434.57 points on Thursday. This week's market statistics: Index Open- 1344.59 points Index Close- 1434.57 points Index High- 1434.57 points Index Low- 1344.74 points Candles...
Microfinance sector rallies this week by 7.52%; Nepal Seva Laghubitta gain 20%; Shivam Cements traded most (We...
NEPSE Index gained 10.90 points (0.82%) in the trading week between 9th February to 13th February, 2020. This week market opened at 1333.69 points and made a low of 1316.10 on Sund...
Support Microfinance rises by 41.82%; Development Bank sector rises most this week; Nepal and Neco Insurance t...
NEPSE Index gained 8.31 points (0.63%) in the trading week between 2nd February to 6th February, 2020. This week market opened at 1325.38 points and made a high of 1355.27 on Monda...
Most of the microfinance and non-life insurance companies rises this week; GBIME and NLIC traded most; Nerude...
NEPSE Index gained 27.91 points (2.15%) in the trading week between 26th January to 30th January, 2020. This week market opened at 1297.47 points and made a low of 1274.03 on Monda...
Life and Non-Life Insurance sector rallies this week; NEPSE decline by 12.76 point; Global IME Bank traded mos...
NEPSE Index declined 12.76 points (0.97%) in the trading week between 19th January to 23rd January, 2020. This week market opened at 1310.23 points and close at low of 1297.47 poin...
Company Analysis
Analysis
At how much discount are mutual fund schemes being traded on NEPSE? Is it a good time to invest in mutual funds?
The mutual fund sector of the Nepalese stock market consist of 17 close end schemes and one open end scheme. Out of these only 13 schemes are currently traded on the secondary market. While Siddhartha Investment Growth Scheme 2 (SIGS2), Citizens Mutual Fund 2 (CMF2), Sunrise First Mutual Funds (SFMF) and NMB50 are listed but not being traded, NIBL Sahabhagita Fund (NIBLSF) is the only open end mutual fund scheme currently with latest NAV at Rs.10.87 per unit as of February 21, 2020. As the market has positively grown in the past few weeks, mos...
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NIC Asia Laghubitta reports net profit of Rs 11.12 crore of Q2 of 2076/77; NPL at 0.52%
NIC Asia Laghubitta Bittiya Sanstha Limited has reported a net profit of Rs 11.12 crore in the second quarter of FY 2076/77. The microfinance company’s deposit stood at Rs 7...
Net worth per share of Multipurpose Finance stands at Rs 115.69 till Q2; Net profit at Rs 19.47 lakh
Multipurpose Finance Company Limited (MPFL) has published an unaudited quarterly report for the second quarter of FY 2076/77. The paid-up capital stands at Rs 19.99 crore this qua...
Comparative analysis of non-life insurance companies for second quarter of 2076/77; Find out which ones did we...
The general insurance sector of Nepal comprises of 20 companies in total. The 15 companies are listed in Nepal Stock Exchange (NEPSE). Likewise, Ajod Insurance, General Insurance C...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | BOKL | Bank of Kathmandu Limited | Subordinated Debenture Programme | NPR 600 million | [ICRANP] LBBB+ (Reaffirmed) | 2020-02-07 |
| 2 | BOKL | Bank of Kathmandu Limited | Issuer rating | NA | [ICRANP-IR] BBB+ (Reaffirmed) | 2020-02-07 |
| 3 | BOKL | Bank of Kathmandu Limited | Subordinated Debenture Programme | NPR 1,600 million | [ICRANP] LBBB+ (Assigned) | 2020-02-07 |
| 4 | LAXMICAP | Laxmi Capital Market Limited | Fund Management Quality Rating (FMQR) | NA | [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed | 2020-02-04 |
| 5 | GBIMEL | Global IME Capital Limited | Fund Management Quality Rating (FMQR) | NA | [ICRANP] AMC Quality 3 (AMC 3); Reaffirmed | 2020-02-04 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | 12ICFC2083 | 12% ICFC Finance Limited Debenture 2083 | Issuer Rating | NA | CARE-NP BBB- (Is) (Triple B Minus [Issuer Rating]) Assigned | 2020-01-10 |
| 2 | 12ICFC2083 | 12% ICFC Finance Limited Debenture 2083 | Subordinated Debenture “12% ICFC Finance Ltd. Debenture 2083” | NPR 200 Million | CARE-NP BBB- [Triple B Minus] Reaffirmed | 2020-01-10 |
| 3 | NICALBS | NIC Asia Laghubitta Bittiya Sanstha Limited | Initial Public Offer | NPR 475.50 million | CARE-NP IPO Grade 4+ [IPO Grade Four Plus] Assigned | 2019-12-31 |
| 4 | GRHPL | Greenlife Hydropower Limited | Initial Public Offer | 349.64 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] Assigned | 2019-11-05 |
| 5 | SRBL | Sunrise Bank Limited | Subordinate Debenture (10.25% Debenture 2083) | NPR 3000 Millions | CARE-NP A- [Single A Minus] Assigned | 2019-10-21 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | NRN Laghubitta Bittiya Sanstha Limited, Creative Laghubitta Bittiya Sanstha Limited and Rama Roshan Laghubitta Bittiya Sanstha Limited |
NRN Laghubitta Bittiya Sanstha Limited | Non Category | Merger | No | ||
| 2 | Suryodaya Laghubitta Bittiya Sanstha Limited and Trilok Laghubitta Bittiya Sanstha Limited |
Suryodaya Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | No | ||
| 3 | Global IME Bank Limited and Janata Bank Nepal Limited |
Global IME Bank Limited | Commercial Bank | Merger | 1:0.85 | No | |
| 4 | Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited |
Saptakoshi Development Bank Limited | Development Bank | Acquisiton | Yes | 2019-06-12 | |
| 5 | Prime Commercial Bank Limited and Kankai Bikas Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 100:71.50 | Yes | 2019-09-01 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Unique Nepal Laghubitta Bittiya Sanstha and Buddha Jyoti Laghubitta Bittiya Sanstha |
Acquisiton | |||
| 2 | Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited |
Nepal Agro Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-10-04 |
| 3 | Mega Bank Nepal Limited and Gandaki Bikas Bank Limited |
Mega Bank Nepal Limited | Commercial Bank | Acquisiton | 2019-09-26 |
| 4 | Unnati Microfinance Bittiya Sanstha Limited and Sahakarya Laghubitta Bittiya Sanstha Limited |
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited | Non Category | Merger | 2019-07-25 |
| 5 | Citizens Bank International Limited and Sahayogi Vikas Bank Limited |
Citizens Bank International Limited | Commercial Bank | Acquisiton | 2019-07-07 |
