- Asian Life Insurance to issue 60% right shares; Appoints NIBL Ace Capital as issue manager
- Highlights from Q4 Report of Grameen Bikas, Janautthan Samudayic, Naya Nepal Laghubitta, NIC Asia Lagubitta
- Samudayik Laghubitta earns Rs 1.60 crore & Mithila Laghubitta earns Rs 95.87 lakh net profit in the Q4; EPS stands at Rs 22.89 & Rs 14.53 respectively
- Grameen Bikas Laghubitta to commence SGM on Ashoj 5; to issue 50% right shares
- Remarkable growth of 68.67% in net profit posted by Jyoti Life Insurance Company
- ICFC Finance to distribute 8% cash dividend; Cash dividend worth Rs 7.05 crore to be distributed
- Swarojgar Laghubitta announces 20% bonus shares; Paid-up capital to reach Rs 26.928 crore after bonus & right adjustment
- Corporate Development Bank generates Rs 1.88 crore profit; Net worth at Rs 59.96 for the recently removed ‘Crisis-Ridden’ bank
- Citizens Bank introduces “Mero Citizens’ bachat khata” along with the newly appointed brand ambassador Gyanendra Malla
- Outstanding performance takes Siddhartha Insurance’s EPS to Rs 42.93; Prudential Insurance earns Rs 18.10 crore profit in the Q4
Featured
Weekly Technical Analysis of NEPSE index; Are we at the end of bearish trend? Know the details here
NEPSE index weekly movement: Market fluctuation were turbulent this week, we saw the huge fall of 16.69 points on the first trading day. On the second day, NEPSE bounces back and gained 10.43 points a...
Exclusive News
Why is Chhimek Laghubitta a strong player in the Microfinance sector? You’ll know after having a look at the company analysis
~Rishab Agrawal Company Introduction Chhimek Laghubitta Bittiya Sanstha Ltd. (CBBL) is a leading micro-finance institution providing access to finance to more than 300,000 poor and marginalized women members in 63 districts and 626 VDCs/municipalities through a network of 128 branches across Nepal. Incorporated in December 2001, CBBL received micro-finance banking license from the Nepal Rastra Bank, Central Bank of Nepal, in January 2002. CBBL is an offshoot of the micro-finance operation implemented since the ‘90s by Neighborhood Society Service Centre (NSSC), a national level NGO, in the central Terai districts of Mahottari and Chi...
The commercial banking industry and the individual commercial banks: Does the bank of your choice li...
The publication of financial reports created a hassle among investors due to the delay in publication. After the publication of financial reports by 27 commercial banks, the perfor...
Confirmation of Buying in January and Selling in December: An Evidence from S&P 500 and NEPSE, 20 Ye...
-Sudarshan Kadariya, New York Comments: Su.kadariya@gmail.com Last year, we had published an article with a comparative monthly analysis of S&P 500 - an index of 500 largest...
Alert! Are you refraining yourself from entering the market? You might be losing money by NOT invest...
-Krishna Khatiwada Right now the Nepalese stock market is in the bearish trend and many investors are in a huge loss. The losers are not only limited to the one who has invested...
Why CCD ratio for banks is rigid while CRR and SLR has gone down? Are we seeing the full picture? He...
The Monetary policy of 2075/76 released by NRB has fixated the CCD ratio at 80%, whereas the CRR and SLR rates are brought down. The Cash Reserve Ratio (CRR) for last fiscal year w...
Announcement
- 2018-08-17 Siddhartha Insurance Limited has posted net profit of Rs 275.36 million and published its 4th quarter company analysis of the fiscal year 2074/75.
- 2018-08-17 Rastriya Banijya Bank Limited has posted net profit of Rs 4.32 billion and published its 4th quarter company analysis and NFRS Compliant Unaudited Financial Statement for the fiscal year 2074/75.
- 2018-08-17 NLG Insurance Company Limited has posted net profit of Rs 260.47 million and published its 4th quarter company analysis of the fiscal year 2074/75.
- 2018-08-17 Mithila Laghubitta Bittiya Sanstha Limited has posted net profit of Rs 9.58 million and published its 4th quarter company analysis of the fiscal year 2074/75.
- 2018-08-17 Samudayik Laghubitta Bittiya Sanstha Limited has posted net profit of Rs 16.02 million during the 4th quarter of the fiscal year 2074/75.
- 2018-08-17 Prudential Insurance Company Limited has posted net profit of Rs 181 million and published its 4th quarter company analysis of the fiscal year 2074/75.
- 2018-08-17 Lumbini Bikas Bank Limited has announced its 10th AGM going to be held on 31st Bhadra, 2075.
- 2018-08-17 City Express Finance Company Limited is issuing its 1:1.67 ratio right share to its shareholders from today (1st Bhadra, 2075).
- 2018-08-17 Jyoti Life Insurance Company Limited has posted net profit of Rs 109.03 million and published its 4th quarter company analysis of the fiscal year 2074/75.
- 2018-08-17 Lumbini Bikas Bank Limited has published its financial highlight of the fiscal year 2073/74.
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Aankhu Khola Hydropower Company Limited | 1,200,000 | Coming Soon | Coming Soon | Coming Soon | |
| 2 | Panchakanya Mai Hydropower Limited | 1,100,000 | 2018-07-17 | 2018-07-20 | Closed | |
| 3 | Shivam Cements Limited | 4,400,000 | Coming Soon | Coming Soon | Coming Soon | |
| 4 | Upper Tamakoshi Hydropower Limited | 15,885,000 | Coming Soon | Coming Soon | Coming Soon | |
| 5 | NADEP Laghubitta Bittiya Sanstha Limited | 480,000 | 2018-06-24 | 2018-06-27 | Closed |
Dividend, Bonus & Rights
- Asian Life Insurance to issue 60% right shares; Appoints NIBL Ace Capital as issue manager
- Grameen Bikas Laghubitta to commence SGM on Ashoj 5; to issue 50% right shares
- ICFC Finance to distribute 8% cash dividend; Cash dividend worth Rs 7.05 crore to be distributed
- Swarojgar Laghubitta announces 20% bonus shares; Paid-up capital to reach Rs 26.928 crore after bonus & right adjustment
- 167% right shares of City Express Finance opens from today; Paid-up capital to reach Rs 40 crore after the adjustment
- Ngadi Group proposes 10% cash dividend; AGM to be convened on Bhadra 27
- Global IME Laghubitta declares 15% bonus shares; Paid-up capital to reach Rs 11.04 crore
- Womi Microfinance announces 25% cash dividend for its shareholders; Shareholders to receive Rs 2.52 crore as dividend
- Mero Microfinance announces 26.32% dividend for its shareholders; Paid-up capital to reach Rs 32.89 crore
- Pokhara Finance announces 13.684% dividend for its shareholders; Shareholders to receive 9.40% dividend yield
IPO News
- IPO of Upper Tamakoshi oversubscribes by 1.79 times; Collects more than Rs 1.88 arba from over 95,000 applicants
- Last day to apply for the IPO of Upper Tamakoshi from Kathmandu; Applicants can apply till Bhadra 14 from Dolakha
- IPO of Ghalemdi Hydro to the locals subscribed by only 17.2%; Is hydro losing charm in Nepali capital market?
- 4.20 lakh unit IPO of Janasewi Microfinance upcoming within Poush; Appoints NMB Capital as the issue manager
- Deadline for applying in the IPO of Upper Tamakoshi extends till Bhadra 1 for applications made from Kathmandu; Deadline for Dolakha district remain unchanged
- Upper Tamakoshi's IPO for locals gets fully subscribed in 8 days; application submission open for 5 more days in Kathmandu
- IPO of Sayapatri Hydropower in SEBON pipeline; 3 lakh unit to be issued to the general public
- FPO of Citizens Bank to be allotted tomorrow; 46,382 applicants to receive 10 units each
- Upper Tamakoshi’s IPO for locals collect over Rs 72 crore till Shrawan 22; Issue still short by 32 percent
- IPO of Nepal Agro Microfinance on its way; Appoints SBI Merchant Banking as issue manager to issue 1.44 lakh unit shares
Interviews
"The impact of credit rating in Nepal will be visible in Nepal only after the rating of debt instruments and businesses begin"; Interview with Vivek Mathur, ICRA Nepal
6 days agoMr. Vivek Mathur, the Executive Vice President & Head of Rating Operations of ICRA Limited and the chairman of ICRA Nepal, has been on the forefront of developing Rating tendency in Nepali market. ICRA Nepal Limited (ICRA Nepal), the first Credit Rating Agency in Nepal, is a Subsidiary of ICRA Limited (ICRA) of India. It was incorporated on November 11, 2011 and granted license by the Securities Board of Nepal (SEBON) on October 3, 2012. Although the rating has started in Nepal, inves...
Where other banks are hardly crossing 5%, Muktinath Bikas Bank has a 30% lending in Micro and deprived sector;...
1 week agoPradyuman Pokharel, CEO of Muktinath Bikas Bank, is one of the veterans of Nepali banking industry with around three decades of experience. Having completed his MBA from Tribhuwan University, his expe...
Formalizing the culture of Human Capital investment in Nepal; Interview with Sanjib Subba, CEO of National Ban...
1 week ago“When referred to as Entrepreneur, Mr. Subba prefers being called Empreneur. He says that in every organization that he has worked, he joined as an employee but with the mindset of an entreprene...
On a journey to change the definition of “Insurance” in Nepal: Mr. Pravin Raman Parajuli together with Relianc...
2 weeks agoA country where insurance products are often forced upon customers like FMCG products, an economy were more than 9000 people died in April 2015 earthquake; the same country where landslides and f...
GuruPurnima Special: First a teacher then the CEO of NEPSE- “We expect online trading to be ready within one m...
3 weeks agoA teacher’s teaching is always significant in a student’s life. The profession of a teacher involves incalculable importance. On the auspicious occasion of Guru Purnima, Share Sansar could...
Auction Data
Recommended
Confirmation of Buying in January and Selling in December: An Evidence from S&P 500 and NEPSE, 20 Years
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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Sayapatri Hydropower Limited | 300,000 | Non Category | |
| 2 | Panchthar Power Company Limited | 1,925,000 | Non Category | |
| 3 | Madhya Bhotekoshi Hydropower Company Limited | 14,400,000 | Non Category | 1) Employees having membership of Employee Provident Fund 2) Employees of Promoter Shareholding Companies 3) Employees of Lending Institutions |
| 4 | CBIL Capital Limited | 300,000 | Merchant Bank | |
| 5 | Kalika Power Company Limited | 1,200,000 | Non Category |
Sub Indices
As of 2018-08-16
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,037.22 | 1,046.90 | 1,031.10 | 1,041.32 | 188,324,000 | 4.10 | 0.39 | 1,421.82 | 993.60 |
| Development Bank | 1,471.86 | 1,477.55 | 1,461.08 | 1,469.33 | 34,689,900 | -2.53 | -0.17 | 2,048.08 | 1,372.56 |
| Finance | 621.55 | 623.17 | 617.95 | 618.80 | 5,145,360 | -2.75 | -0.44 | 825.52 | 598.05 |
| Hotels | 1,877.02 | 1,905.60 | 1,849.77 | 1,849.77 | 6,177,850 | -27.25 | -1.45 | 2,498.51 | 1,663.00 |
| HydroPower | 1,430.23 | 1,442.62 | 1,408.12 | 1,413.46 | 21,728,500 | -16.77 | -1.17 | 2,121.96 | 1,331.69 |
| Life Insu | 5,831.71 | 5,882.06 | 5,779.91 | 5,801.84 | 23,963,400 | -29.87 | -0.51 | 6,243.03 | 5,495.62 |
| Manufacturing And Processing | 2,145.15 | 2,222.47 | 2,152.79 | 2,222.47 | 14,700,000 | 77.32 | 3.60 | 2,678.23 | 2,064.54 |
| Microfinance | 1,543.25 | 1,546.63 | 1,525.41 | 1,529.47 | 51,628,500 | -13.78 | -0.89 | 1,901.53 | 1,225.35 |
| Non Life Insu | 5,981.27 | 6,091.10 | 5,933.08 | 5,960.50 | 56,691,600 | -20.77 | -0.35 | 9,283.47 | 5,068.22 |
| Others | 726.27 | 734.50 | 714.90 | 723.63 | 7,611,830 | -2.64 | -0.36 | 931.25 | 655.84 |
| Trading | 208.09 | 207.25 | 204.38 | 204.38 | 84,390 | -3.71 | -1.79 | 298.56 | 189.10 |
Company Analysis
Analysis
Highlights from Q4 Report of Grameen Bikas, Janautthan Samudayic, Naya Nepal Laghubitta, NIC Asia Lagubitta
Various Microfinance institutions have published their Q4 reports. In this article, we look at the major highlights from the Q4 reports of some microfinance institutes namely, Grameen Bikas, Janautthan Samudyic, Naya Nepal Laghubitta, NIC Asia Laghubitta. Grameen Bikas Laghubitta posted an increase of 31.27% in the net profits as per the Q4 report posted by the company. The net profit stands at Rs.16.84 Crore as compared to Rs.12.83 Crore posted previous year. After the increase in capital to Rs.65.50 Crore, the EPS have fallen to 25.71 marki...
Samudayik Laghubitta earns Rs 1.60 crore & Mithila Laghubitta earns Rs 95.87 lakh net profit in the Q4; EPS st...
Samudayik Laghubitta Bittiya Sanstha Limited has posted massive growth in net profit by 164.90% to Rs 1.60 crore in the fourth quarter (Q4) of fiscal year 2074/75. Publishing...
Remarkable growth of 68.67% in net profit posted by Jyoti Life Insurance Company
Jyoti Life Insurance Company has stated rise in net profit by 68.67% in the fourth quarter of the FY 2074/75. As per the unaudited report for the fourth quarter, the insuranc...
NLG posts 12.76% growth in Net Profits; P/E Ratio fall to 22.87
NLG Insurance Company Limited posted its fourth quarter report for FY 74/75 today. The company posted a net profit of Rs.26.05 Crore this year against a net profit of Rs.23.10 Cror...
Corporate Development Bank generates Rs 1.88 crore profit; Net worth at Rs 59.96 for the recently removed ‘Cri...
Corporate Development Bank Limited (CORBL) has reported net profit of Rs 1.88 crore for the fourth quarter of the fiscal year 2074/75. As per the unaudited fourth quarter report p...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | CZBIL | Citizens Bank International Limited | Further Public Offer (Equity Shares) | NPR 92.7652 Million | [ICRANP] IPO Grade 3 (Assigned on April 2018 and revalidated with FPO price update on July 2018) | 2018-07-26 |
| 2 | HBL | Himalayan Bank Limited | Subordinated Bond Program “8% HBL Bond 2077” | NPR 600 Million1 | [ICRANP] LA (Reaffirmed); rating watch with negative implications removed | 2018-07-25 |
| 3 | HBL | Himalayan Bank Limited | Subordinated Bond (Not issued) “HBL Bond 2079” | NPR 500 Million | [ICRANP] LA@ (Rating withdrawn) | 2018-07-25 |
| 4 | CHAUTARI | Chautari Laghubitta Bittiya Sanstha Limited | IPO (equity) Grading | NPR 54 Million | [ICRANP] IPO Grade 4 (Assigned) | 2018-07-20 |
| 5 | EBL | Everest Bank Limited | Subordinated Debenture Program1 | NPR 600 Million | [ICRANP] LA+ (upgraded)* | 2018-07-18 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | PPCL | Panchthar Power Company Limited | Initial Public Offer (IPO) | NPR 192.50 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-07-25 |
| 2 | EIC | Everest Insurance Company Limited | Rights Share Issue | NPR 962.28 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-07-25 |
| 3 | NICA | NIC Asia Bank Limited | Subordinated Bond “11% NIC Asia Bank Bond 2082/83” | NPR 1830 Million | CARE-NP A [Single A] (Assigned) | 2018-07-25 |
| 4 | MSLB | Mahuli Samudayak Laghubitta Bittiya Sanstha Limited | Rights Share Issue | NPR 30.00 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-07-25 |
| 5 | NBL | Nepal Bank Limited | Further Public Offer (FPO) | 4951.76024 Million | CARE-NP IPO Grade 3+ [IPO Grade Three Plus] (Assigned and Reaffirmed) | 2018-06-24 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Best Finance Company Limited & Synergy Finance Limited | Best Finance Company Limited | Finance | Acquisiton | 1:1 | Yes | 2018-07-02 |
| 2 | Rastriya Banijya Bank Limited and NIDC Development Bank Limited | Rastriya Banijya Bank Limited | Non Category | Merger | 1:1 | No | 2018-04-05 |
| 3 | NIBL Capital Markets Limited and Ace Capital Limited | NIBL Ace Capital Limited | Merchant Bank | Acquisiton | 1:1 | No | 2018-01-25 |
| 4 | Global IME Capital Limited and Reliable Capital Limited | Global IME Capital Limited | Merchant Bank | Acquisiton | No | 0000-00-00 | |
| 5 | Century Commercial Bank Limited & Seti Finance Limited | Century Commercial Bank Limited | Commercial Bank | Acquisiton | 100:70 | Yes | 2017-11-20 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Jyoti Bikash Bank Limited & Hamro Bikas Bank Limited | Jyoti Bikash Bank Limited | Development Bank | Acquisiton | 2018-07-15 |
| 2 | Deva Bikas Bank Limited & Western Development Bank Limited | Deva Bikas Bank Limited | Development Bank | Acquisiton | 2018-07-10 |
| 3 | Deva Bikas Bank Limited & Sahara Bikas Bank Limited | Deva Bikas Bank Limited | Development Bank | Acquisiton | 2017-06-09 |
