- Best Finance Company to sell 8.05 lakh unit right shares via auction from Poush 11; Paid-up capital to reach Rs 59.30 crore
- Gandaki Bikas Bank to convene 11th AGM on Poush 26; Shareholders holding till Poush 10 to receive 14.20% cash dividend
- Sunrise Bank’s AGM with 11.50% cash dividend to be convened on Poush 29; Bank looking to work as a stock broker
- Kabeli Bikas Bank to convene its 11th AGM on Poush 28; AGM to endorse 35% bonus shares
- NIC Asia to convene its 21st AGM today; Shareholders to receive 10% bonus shares
- Petroleum products' prices go down
- Last day to hold the shares of Nerude Laghubitta to receive 20.79% dividend from AGM; AGM to be convened on Poush 20
- Citizens Bank continues its bighearted support towards education sector in rural Nepal; supports Rs 2 lakh to Prabhat Ma.Vi of Palpa
- CMO recognizes Glocal with Nepal's Best Brand Leadership Award
- Civil Bank and Jyoti Life Insurance sign bancassurance agreement
Featured
Himalayan Bank proposes 15.78% dividend for the FY 2074/75; Paid-up capital to reach Rs 8.51 arba
Himalayan Bank Limited (HBL) has proposed 15.7895% dividend for the FY 2074/75. As per the notice published in NEPSE, the commercial bank has proposed 5% bonus shares and 10.7895% cash dividend for t...
Exclusive News
Three year long liquidity shortage and rising interest rates; are we looking at the wrong direction?
Aakriti Thakali Nepal is a small economy, no doubt on that but does being small normalize such prolonged liquidity shortage in the market? The liquidity shortage used to be a seasonal problem that would get away within 3 to 4 months but this time months has changed into years and we're still figuring out how to address it. We can't say that efforts haven't been made, but we can ask were those efforts right? The Nepal Bankers' Association (NBA) signed Gentlemen's agreement to fixate the interest rate multiple times, and it got revoked the same number of times. Putting a cap on interest rate in a free economy might seem like cartelling to som...
“The problem of liquidity will be solved once BFIs, NBA and NRB come together” An interview with Mr....
“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 Agre...
Exactly how many companies have declared how much dividend? See the complete list of each sector
~Rishab Agrawal Dividend, one of the most important aspects of investment, has a major influence on the price of the shares and performance evaluation of a company. We have seen i...
Am I a banker or the SLC examinee? The issue of human resource in banking!
Dheerusha Tiwari Back in time, the idea of working in a bank had its own aura. The mushrooming finance colleges were evidences of how banking would be the next career choice among...
Have you been dreading using online trading system? Well here we have, Online Trading Simplified!
The online trading was made available for general investors from Mangsir 23, 2075. It's been almost a week and based on the observation so far, we've come to know that it hasn't ga...
Announcement
- 2018-12-19 Mountain Hydro Nepal Limited is distributing IPO share certificate to the project affected locals of Pachthar District, Phidim Municipality and Hilihang Rural Municipality from today (4th Poush, 2075).
- 2018-12-19 Global IME Bank Limited has announced its 12th AGM going to be held on 27th Poush, 2075 and published its audited financial highlights of the fiscal year 2074/75.
- 2018-12-19 Sunrise Bank Limited has announced its 11th AGM going to be held on 29th Poush, 2075 and published its audited financial highlights of the fiscal year 2074/75.
- 2018-12-19 Best Finance Limited is selling its 5,57,774.57 unit promoter shares and 2,47,309.90 Ordinary share in auction to the general public from (11th Poush to 10th Magh, 2075).
- 2018-12-19 Kailash Bikas Bank Limited has published a book closure date for its 25th AGM on (6th Poush, 2075).
- 2018-12-19 Nepal Credit & Commerce Bank Limited urges its shareholders to collect uncollected due dividends.
- 2018-12-19 Mountain Hydro Nepal Limited has announced its 3rd AGM going to be held on 25th Poush, 2075.
- 2018-12-19 Gandaki Bikas Bank Limited has announced its 11th AGM going to be held on 26th Poush, 2075.
- 2018-12-19 CDS & Clearing Limited has announced its 8th AGM going to be held on 25th Poush, 2075.
- 2018-12-19 Kabeli Bikas Bank Limited has announced its 11th AGM going to be held on 28th Poush, 2075.
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Ghalemdi Hydro Limited | 1,555,770 | Coming Soon | Coming Soon | Coming Soon | |
| 2 | Chautari Laghubitta Bittiya Sanstha Limited | 600,000 | 2018-12-05 | 2018-12-09 | Closed | |
| 3 | Joshi Hydropower Development Company Limited | 1,690,470 | 2018-12-02 | 2018-12-05 | Closed | |
| 4 | Samudayik Laghubitta Bittiya Sanstha Limited | 300,000 | 2018-11-18 | 2018-11-21 | Closed | |
| 5 | Madhya Bhotekoshi Hydropower Company Limited | 11,700,000 | 2018-11-14 | 2018-11-30 | Closed |
Dividend, Bonus & Rights
- Himalayan Bank proposes 15.78% dividend for the FY 2074/75; Paid-up capital to reach Rs 8.51 arba
- Best Finance Company to sell 8.05 lakh unit right shares via auction from Poush 11; Paid-up capital to reach Rs 59.30 crore
- Gandaki Bikas Bank to convene 11th AGM on Poush 26; Shareholders holding till Poush 10 to receive 14.20% cash dividend
- Sunrise Bank’s AGM with 11.50% cash dividend to be convened on Poush 29; Bank looking to work as a stock broker
- Kabeli Bikas Bank to convene its 11th AGM on Poush 28; AGM to endorse 35% bonus shares
- NIC Asia to convene its 21st AGM today; Shareholders to receive 10% bonus shares
- Last day to hold the shares of Nerude Laghubitta to receive 20.79% dividend from AGM; AGM to be convened on Poush 20
- Muktinath Bikas Bank concentrates towards producing financially literate and viable human resource for the country; conducts 215th financial literacy session in Satyanarayan Ma.Vi. of Biratnagar
- 5.23 lakh unit promoter right shares of Chhimek Laghubitta to be sold via auction from Poush 09
- Global IME Bank’s AGM on Poush 27; AGM to endorse 16% bonus shares
IPO News
- Add another company on your IPO radar; Liberty Energy Company Limited will be issuing 37.50 Lakh units to the locals and general public
- Madhya Bhotekoshi’s 1st and 2nd phase IPO to be allotted tomorrow; Issue for locals to be made soon after tomorrow’s allotment
- Swabalamban Laghubitta’s AGM with 36.84% dividend to be convened on Poush 26; AGM to approve issuance of FPO worth Rs 10.48 crore
- IPO of another microfinance company on its way; Aadhikhola Laghubitta appoints NIBL Ace as issue manager to float 4 lakh unit shares
- Care Rating assigns “IPO Grade 4” rating to the IPO of Sun Nepal Life Insurance; Company to issue 60 lakh unit shares
- Second phase IPO issue of Madhya Bhotekoshi receives good response from employees of promoter companies and provident fund; issue oversubscribed by 1.82 time and 1.07 times respectively
- Chautari Laghubitta’s IPO allotment concludes; 56,070 applicants allotted with 10 units each on lottery basis
- Yet another hydropower’s IPO ready for issue; SEBON provides approval to 96.69 lakh units IPO of Universal Power Company
- Chautari Laghubitta’s IPO likely to be allotted on Friday; About 80% applicants to go empty handed
- Madhya Bhotekoshi's 2nd phase issuance closes today; Employees of promoter companies and employees of EPF can apply for maximum 500 units and 1200 units respectively
Interviews
“The problem of liquidity will be solved once BFIs, NBA and NRB come together” An interview with Mr. Chinta Mani Siwakoti; Deputy Governor of NRB
2 days 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 Bankers’ Association, Nepalese rupees falls to the lowest against US Dollar, two and half years since the stock market has been in a bearish trend. These were not the driven motives brought by the optimism of the newly elected stable government of the country. In the provided scenario, there could...
SmartKrishi - An idea that will change the agri-market of Nepal; Interview with Anil Regmi, Founder of SmartKr...
3 weeks ago"What do you need to start a business? Three simple things: know your product better than anyone, know your customer, and have a burning desire to succeed." -Dave Thomas, Founder of Wendy's What mak...
Did you apply in Upper Tamakoshi's IPO today? Either yes or no; find out the story behind Upper Tamakoshi and...
1 month ago-Dheerusha Tiwari Three years went by post the April 2015 earthquake. The state has been divided into provinces, budget has been announced and allocated, and a new government has been elected. During...
How NMB Capital’s principles align with the moral lessons of an American movie “Too Big to Fail”? An interview...
2 months ago-Dheerusha Tiwari “Too big to fail”- If given a chance, no true investor/trader would miss out an opportunity to watch this movie. An American drama based on Andrew Ross Sorkin’s bo...
“Wherever you go and whatever you do, the secret to success is continuous learning and adaptation”; Interview...
2 months agoVijaya Bahadur Shah, CEO of Nepal Insurance Company, is a visionary and a true performer. He started his career from 1989 at Surya Nepal and after 12 years of hard work he joined Gorkha Brewery. Simil...
Auction Data
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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Bhairabkunda Hydropower Limited | 3,183,280 | Non Category | (For Local People : 6,50,000 kitta For General Public : 25,33,280 kitta ) |
| 2 | Union Hydropower Limited | 3,534,340 | Hydropower | (For General Public) (Including Unsubscribed 6,21,790 Share issued to Local People) |
| 3 | Swabhimaan Microfinance Bittiya Sanstha Limited | 180,000 | Non Category | |
| 4 | Ru Ru Jalvidut Pariyojana Limited | 407,705 | Non Category | |
| 5 | Sparsha Laghubitta Bittiya Sanstha Limited | 240,000 | Microfinance |
Sub Indices
As of 2018-12-18
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,047.27 | 1,049.00 | 1,026.53 | 1,031.07 | 283,514,000 | -15.64 | -1.49 | 1,287.25 | 975.43 |
| Development Bank | 1,460.80 | 1,461.29 | 1,439.43 | 1,439.88 | 70,358,100 | -20.71 | -1.42 | 1,733.52 | 1,372.56 |
| Finance | 601.90 | 601.90 | 600.26 | 601.21 | 62,393,400 | -0.36 | -0.06 | 759.87 | 586.92 |
| Hotels | 1,751.20 | 1,751.20 | 1,740.12 | 1,742.84 | 335,000 | -5.54 | -0.32 | 2,208.25 | 1,663.00 |
| HydroPower | 1,211.52 | 1,211.52 | 1,192.53 | 1,193.40 | 16,081,300 | -16.13 | -1.33 | 2,056.86 | 1,131.16 |
| Life Insu | 5,476.31 | 5,540.74 | 5,391.40 | 5,424.52 | 38,687,400 | -49.94 | -0.91 | 6,243.03 | 4,923.90 |
| Manufacturing And Processing | 2,230.47 | 2,233.96 | 2,230.47 | 2,233.96 | 216,150 | 9.31 | 0.42 | 2,591.32 | 0.00 |
| Microfinance | 1,346.85 | 1,355.95 | 1,323.10 | 1,327.96 | 50,477,300 | -18.50 | -1.37 | 1,847.80 | 1,225.35 |
| Non Life Insu | 5,472.81 | 5,519.43 | 5,276.30 | 5,278.40 | 128,585,000 | -192.32 | -3.52 | 6,201.18 | 4,855.54 |
| Others | 719.77 | 728.41 | 718.82 | 726.86 | 16,686,600 | 5.38 | 0.75 | 931.25 | 655.84 |
Company Analysis
Analysis
Oriental Insurance reports massive rise in net profit; Net profit reaches Rs 1.66 crore in Q1
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Api Power finally publishes Q4 report; Profit declines by 23%
Api Power Company Limited (API) has posted decline in net profit by 23.83% percent in the fourth quarter of the FY 2074/75. According to the unaudited financial report publis...
Mutual funds chose to buy commercial banks’ stocks in the month of Kartik! A discussion on Kartik’s portfolio...
The thirteen mutual fund schemes run by 9 mutual fund companies have been facing a tough time with the ongoing bearish market trend. The objective of mutual fund schemes is questio...
National Insurance Company earns Rs 1.70 crore in Q1; Company yet to issue IPO
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A Comparative Study of Non-Life Insurance Companies! How have the companies been performing?
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Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | NICACL | NIC Asia Capital Limited | Fund Management Quality Rating (FMQR) | NA | [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) | 2018-12-12 |
| 2 | MPFL | Multipurpose Finance Company Limited | Rights Share Issue (Equity Shares) | NPR 358.5264 Million | [ICRANP] IPO Grade 5 (Assigned) | 2018-12-12 |
| 3 | EHL | Eastern Hydropower Limited | IPO (equity) Grading | NPR 155 million | [ICRANP] IPO Grade 5 (Assigned) | 2018-12-11 |
| 4 | BHAIRAB | Bhairabkunda Hydropower Limited | IPO (equity) Grading | NPR 318.328 million | [ICRANP] IPO Grade 5 (Assigned) | 2018-11-11 |
| 5 | UHCL | Unique Hydel Company Limited | IPO (equity) Grading | NPR 220 million | [ICRANP] IPO Grade 5 (Assigned) | 2018-11-01 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SRBL | Sunrise Bank Limited | Subordinate Bond (10% Debenture 2080) | 1000 Million | CARE-NP A- [Single A Minus] (Assigned) | 2018-12-13 |
| 2 | SRBL | Sunrise Bank Limited | Issuer Rating | NA | CARE-NP A- (Is) [Single A Minus (Issuer Rating)] (Reaffirmed) | 2018-12-13 |
| 3 | SPHL | Sayapatri Hydropower Limited | Initial Public Offer | 90 Million | CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) | 2018-12-07 |
| 4 | SNLICL | Sun Nepal Life Insurance Company Limited | Initial Public Offer (IPO) | 600 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2018-11-14 |
| 5 | ALICL | Asian Life Insurance Company Limited | Rights Share Issue | 754.035273 | CARE-NP IPO Grade 3 [IPO Grade Three] (Assigned) | 2018-10-10 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Prime Commercial Bank Limited and Om Development Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 100:80 | No | 2018-08-19 |
| 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 | Non Category | 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 | 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 |
