- More than 11 thousand applicants apply for a stake in NIBL Sahabhagita Fund; subscription received for 87.52 Lakh units
- PM Oli to make statement on Guthi bill through news conference; regret for not getting the opportunity to inform the parliament
- Market falls to 1258.66 points today after further losing 2.23 points; Taragaon Regency Hotel posts turnover worth Rs.4.24 Crore
- Book closure for 865% right shares of Multipurpose Finance Limited on 11th Asadh, 2076; more than 3 Million units to be issued
- Mr. Niraj Kumar Shrestha, appointed CEO of Sunrise Bank, requests postpone of joining date; Mrs. Asha Rana Adhikari to continue as acting CEO
- IPO alert! Rs 12 crore worth public shares of Buddha Bhumi Nepal Hydro Power Company receives below-average rating from ICRA Nepal
- Encouraging investment in small industries in Banke; 830 industries registered in the district
- State budget aims to connect state economy to national one: State 5 Chief Minister Shankar Pokharel
- NIC ASIA Bank signs agreement with Apollo Hospital of New Delhi; MoU to enable bank’s customers to receive 15% discount at the hospital
- NCC Bank begins NCC Credit card service for its customers
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Which sector is more volatile with respect to change in NEPSE? Find out the risk involved in each sector
On the last day of the previous month i.e. 30th May, 2019, the NEPSE index reached a high of 1349.38 points. But it closed at 1319.47 points. Since then, NEPSE has been on a losing streak, shedding points every passing day. During that period, the sub-indices were also at a high. Each sub-index represents a different industry in the market. The number of companies under each sub-index varies. Evaluation of a sector is equally important for investment purpose. Before investing in a company, it is recommended that an investor carefully analyze the sectors in the market and based on that analysis choose the sector to invest in. Evaluation of se...
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How have commercial banks performed over the past 5 years? See their growth in major indicators
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Announcement
- 2019-06-18 Mahuli Samudayik Laghubitta Bittiya Sanstha Limited has changed its name to Mahuli Laghubitta Bittiya Sanstha Limited.
- 2019-06-18 Mahalaxmi Bikas Bank Limited has published a notice regarding new interest rate and its effective from 3rd Ashad, 2076.
- 2019-06-18 Sunrise Bank Limited has published a notice regarding new interest rate and its effective from 3rd Ashad, 2076.
- 2019-06-17 Laxmi Bank Limited has published its audited financial highlights of the fiscal year 2074/75.
- 2019-06-17 Laxmi Bank Limited has published a notice regarding new interest rate and its effective from 2nd Ashad, 2076.
- 2019-06-17 Nepal Bangladesh Bank Limited has published a notice regarding new interest rate and its effective from 2nd Ashad, 2076.
- 2019-06-17 Employees Provident Fund has published its audited financial highlights of the fiscal year 2074/75.
- 2019-06-17 Bank of Kathmandu Limited has published a notice regarding new interest rate and its effective from 1st Ashad, 2076.
- 2019-06-16 Nepal Life Insurance Company Limited has published its 19th AGM minute.
- 2019-06-16 Nepal Insurance Company Limited has allotted its 2,511.73 unit promoter shares and 1,44,591.35 ordinary shares in auction to the general public on 31st Jestha, 2076 and refunding money to non-allottee investors from today (1st Ashad, 2076).
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Infinity Laghubitta Bittiya Sanstha Limited | 674,000 | 2019-05-27 | 2019-05-30 | Closed | |
| 2 | Himal Dolakha Hydropower Company Limited | 6,200,000 | Coming Soon | Coming Soon | Coming Soon | |
| 3 | Janasewi Laghubitta Bittiya Sanstha Limited | 463,300 | 2019-05-10 | 2019-05-14 | Closed | |
| 4 | Swabhimaan Laghubitta Bittiya Sanstha Limited | 198,610 | 2019-05-10 | 2019-05-14 | Closed | |
| 5 | Gurans Laghubitta Bittiya Sanstha Limited | 250,000 | 2019-04-29 | 2019-05-03 | Closed |
Dividend, Bonus & Rights
- IME General Insurance announces 21st AGM on 29th Asadh, 2076; 5% bonus shares to be endorsed
- Grameen Bikas Laghubitta closing 50% right shares issue; eligible investors can apply till banking hour today
- Radhi Bidyut Company to conduct AGM on 29th Asadh, 2076; 10% dividend to be endorsed
- Himalayan Distillery distributing 68.42% interim cash dividend; investors holding shares till Jestha 17 are eligible
- Gentle Reminder! Grameen Bikas Laghubitta is closing 50% right issue from tomorrow; eligible investors are requested to apply
- Stay alert for upcoming right issue from Muktinath Bikas Bank; right issue of leading development bank receives average rating from rating agency ICRA Nepal
- Radhi Bidyut Company proposes distribution of 10% dividend for shareholders: 5% bonus shares and 5% cash dividend
- Janautthan Samudayic Laghubitta issuing 100% right shares from Ashadh 12; Shareholders holding shares till Ashadh 1 eligible to apply
- Prudential Insurance SGM on Ashadh 10; to endorse agenda of 60% right share; paid up capital to reach Rs 1.02 arba
- Nepal Insurance auction allotment concluded; cutoff price for ordinary share stands at Rs 356
IPO News
- Himal Dolkha Hydropower Company IPO receives poor response from locals of Ilam; less than 10% of the issue subscribed
- Care Ratings Nepal assigns below average fundamental to the proposed IPO issue of Singati Hydro Energy Limited
- United Idi-Mardi and R.B. Hydropower Limited looking to issue IPO worth Rs.10.50 Crore; Care Ratings assigns below average ratings
- Infinity Laghubitta IPO issue to be allotted on 22nd Jestha, 2076; Almost 81% of applicants to return empty handed
- Reliance Life Insurance appoints Sanima capital as an issue manager for its upcoming IPO issue
- NIBL Ace Capital to sell 1.25 crore units NIBL Sahabhagita fund from today; investors can apply minimum of Rs 1000
- Allotment of Nabil Balanced Fund II concludes; Fund size stands at Rs 1.12 arba with huge number of invalid applications
- Infinity Laghubitta IPO oversubscribed by 10.65 times; 3.3 lakh investors applied till last day
- First ever open ended mutual fund to hit the floor from upcoming Jestha 19; NIBL Sahabhagita Fund to come as another investment option for low-risk taking investors
- Infinity Laghubitta to close IPO issue after the banking hour today; issue already oversubscribed
Interviews
“You don’t become a CEO simply to handle big files. You become a CEO to prepare your employees so that they can handle big files too” An interview with Mr. Parshuram Kunwar Chhetri; CEO of Janata Bank Nepal
5 months 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 associates. The motto of this tagline does not simply reflect the objective of Janata Bank Nepal. In fact, the tagline also aligns with the banking journey of Mr. Parshuram Kunwar Chhetri who is in the position of CEO at Janata Bank. Mr. Chhetri attained his primary education from India but completed his re...
"Entrepreneurship is more about uncovering the illusion of knowledge than just putting up a product"; Intervie...
5 months 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...
200 times portfolio growth in 7 years; 23 year old prodigy in Nepali stock market; Interview with Sijan Bajrac...
5 months agoAnything that gets a little complicated often gets attacked with myths. Similar myths also shroud the capital market of Nepal. If we look at the total number of people involved, the primary market has...
Establishing the culture of Gold Financing in Nepal through partnership with Muthood Finance; Exclusive interv...
5 months agoSunanda Shrestha, CEO of United Finance, with over 25 years of experience in the Banking and Finance industry knows how to keep calm and evolve with the evolving market conditions. He started his care...
“The problem of liquidity will be solved once BFIs, NBA and NRB come together” An interview with Mr. Chinta Ma...
6 months ago“The job of central bank is to worry”. Alice Rivlin Eleven consecutive days of rise in interest rates on deposits of commercial banks, revoke of Gentlemen’s Agreement by Nepal Banke...
Auction Data
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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Liberty Energy Company Limited | 3,750,000 | Non Category | |
| 2 | Adhikhola Laghubitta Bittiya Sanstha Limited | 400,000 | Microfinance | |
| 3 | Greenlife Hydropower Limited | 3,496,400 | Hydropower | |
| 4 | Mountain Energy Nepal Limited | 1,968,027 | Non Category | (For Local People : 19,68,027 Kitta For General Public : 19,68,027 Kitta) |
| 5 | Sabaiko Laghubitta Bittiya Sanstha Limited | 530,000 | Microfinance |
Sub Indices
As of 2019-06-18
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,128.91 | 1,133.78 | 1,127.18 | 1,130.08 | 155,813,000 | 0.44 | 0.04 | 1,214.35 | 936.83 |
| Development Bank | 1,579.76 | 1,592.98 | 1,579.20 | 1,586.52 | 73,677,600 | 1.46 | 0.09 | 1,646.32 | 1,372.56 |
| Finance | 616.86 | 616.86 | 613.57 | 615.00 | 22,594,400 | -2.13 | -0.35 | 643.11 | 584.35 |
| Hotels | 2,079.05 | 2,103.43 | 2,071.95 | 2,073.64 | 43,819,600 | -13.86 | -0.66 | 2,248.03 | 1,674.22 |
| HydroPower | 1,206.74 | 1,219.40 | 1,195.39 | 1,197.47 | 17,784,100 | -1.40 | -0.12 | 1,540.99 | 1,101.83 |
| Life Insu | 6,147.33 | 6,165.43 | 6,094.08 | 6,094.08 | 12,265,800 | -50.42 | -0.82 | 7,242.33 | 4,923.90 |
| Manufacturing And Processing | 2,753.73 | 2,753.73 | 2,712.35 | 2,715.95 | 21,334,000 | -21.59 | -0.79 | 2,879.94 | 0.00 |
| Microfinance | 1,408.14 | 1,412.93 | 1,403.18 | 1,412.89 | 38,384,000 | 4.85 | 0.34 | 1,671.79 | 1,244.71 |
| Mutual | 9.69 | 9.71 | 9.61 | 9.62 | 1,489,610 | -0.08 | -0.82 | 10.15 | 9.27 |
| Non Life Insu | 5,316.24 | 5,318.59 | 5,269.16 | 5,277.08 | 25,858,600 | -28.35 | -0.53 | 6,214.65 | 4,855.54 |
| Others | 728.19 | 728.19 | 719.06 | 719.11 | 11,065,700 | -5.44 | -0.75 | 781.90 | 689.69 |
Company Analysis
Analysis
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Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | BBHCL | Buddha Bhumi Hydropower Company Limited | IPO (equity) Grading | NPR 120 Million | [ICRANP] IPO Grade 4+ (Assigned) | 2019-06-18 |
| 2 | MBL | Machhapuchchhre Bank Limited | Issuer Rating | NA | [ICRANP-IR] A- (assigned) | 2019-06-14 |
| 3 | MBL | Machhapuchchhre Bank Limited | Subordinated Debenture Programme | NPR 3,000 million | [ICRANP] LA- (reaffirmed) | 2019-06-14 |
| 4 | MNBBL | Muktinath Bikas Bank Limited | Rights Issue (equity shares) | ~NPR 613 Million | [ICRANP] IPO Grade 3; Assigned | 2019-06-12 |
| 5 | PRVU | Prabhu Bank Limited | Issuer Rating | NA | [ICRANP-IR] BBB (Assigned) | 2019-06-07 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SHEL | Singati Hydro Energy Limited | Initial Public Offer | NPR 435.00 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-06-10 |
| 2 | UIMRBHL | United Idi-Mardi and R.B. Hydropower Limited | Initial Public Offer | NPR 105.00 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-06-07 |
| 3 | HBL | Himalayan Bank Limited | Issuer Rating | NA | CARE-NP A (Is) [Single A (Issuer)] (Assigned) | 2019-06-02 |
| 4 | HBL | Himalayan Bank Limited | Subordinated Debenture “10% Himalayan Bank Limited Bond 2083” | NPR 3000 Million | CARE-NP A [Single A] (Assigned) | 2019-06-02 |
| 5 | SMATA | Samata Laghubitta Bittiya Sanstha Limited | Right Share issue | NPR 121.344 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-05-17 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Jyoti Bikash Bank Limited & Hamro Bikas Bank Limited |
Jyoti Bikash Bank Limited | Development Bank | Acquisiton | 1:1 | Yes | 2019-03-11 |
| 2 | Mountain Eneryg Nepal Ltd, Robust Energy Ltd and Aadhisakti Vidhyut Bikas Co. Ltd |
Mountain Energy Nepal Limited | Non Category | Acquisiton | No | 2018-09-13 | |
| 3 | Best Finance Company Limited & Synergy Finance Limited | Best Finance Company Limited | Finance | Acquisiton | 1:1 | Yes | 2018-07-02 |
| 4 | Rastriya Banijya Bank Limited and NIDC Development Bank Limited | Rastriya Banijya Bank Limited | Commercial Bank | Merger | 1:1 | No | 2018-04-05 |
| 5 | NIBL Capital Markets Limited and Ace Capital Limited | NIBL Ace Capital Limited | Merchant Bank | Acquisiton | 1:1 | No | 2018-01-25 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Prime Commercial Bank Limited and Kankai Bikas Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 2019-06-05 |
| 2 | Aarambha Microfinance Bittiya Sanstha Limited and Chautari Laghubitta Bittiya Sanstha Limited |
Chautari Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-06-05 |
| 3 | Nepal Community Development Bank Limited, Tinau Development Bank Limited and Mission Development Bank Limited |
Tinau Mission Development Bank Limited | Development Bank | Merger | 2019-05-22 |
| 4 | Kalika Laghubitta Bittiya Sanstha Limited and Janasewi Laghubitta Bittiya Sanstha Limited |
Merger | |||
| 5 | Mirmire Laghubitta Bittiya Sanstha Limited, Nagbeli Laghubitta Bikas Bank Limited and Kisan Microfinance Bittiya Sanstha Limited |
Kisan Microfinance Bittiya Sanstha Limited | Microfinance | Merger |
