- Asian life insurance announces book closure date for its upcoming 60% right shares
- Auction Alert! NADEP Laghubitta unsold 61,236 unit ordinary right shares auction opens from Falgun 19
- Shivam Cement IPO status: Only 4.70 Lakh units remain for subscription from the general category; 34% of issue for locals subscribed
- NEPSE closes at 1113 points for the week with minimum turnover; CHLBS becomes today’s most traded stock along with top gaining stock
- Rights and bonus shares of four companies get listed on NEPSE; inflow of 1.80 Crore units on a single day
- What is the position of deposit and lending in BFIs as of Magh?
- Samsung launches folding smartphone, first 5G handset
- Agriculture Development Bank 12th AGM to be held on 15th Chaitra; 21.053% dividend to be endorsed
- Siddhartha Equity Oriented Scheme and Siddhartha Equity Fund reported slight decrease in NAV as per Magh end report; both scheme has Rs 47.52 and Rs. 71.97 crore as bank balance
- Energy Minister Pun inaugurates 132-KV sub-station
Featured
Good opportunity to earn 10.25% interest semi-annually with Global IME Bank’s Debenture program; interest to be disbursed from any branch of the bank
Global IME Bank has launched its latest debenture scheme “Global IME Bank Debenture” with 10.25% into the market. The 15 lakh unit debentures that will mature in 5 years will be floated fo...
Exclusive News
Non-life insurance companies earned a net premium of Rs 29.74 crores in the second quarter! See the detailed comparative analysis
The rise in insurance industry showed a turn around after the dreading earthquake of 2015. The increasing awareness among people and their increasing living standard further benefitted the insurance industry. Today, general public are more likely aware about the importance of insurance. Among the insurance companies, the old listed non-life insurance companies existing in Nepal are: Besides the above mentioned companies, two unlisted companies are National Insurance Company Limited and Oriental Insurance Company Limited. Similarly, General Insurance Company Nepal Limited, Ajod Insurance Limited and Sanima Insurance Company Limited a...
Which life insurance company earned how much? Nepal Life and Reliable Nepal maintain the lead
Insurance has become important in today’s scenario. Nepal is a country where a lot of residents migrate to gulf countries in the hope of increasing their living standard. The...
Commercial banks, their personnel expenses and it's comparative impact in Total operating income; Ba...
All the listed commercial banks have published their unaudited balance sheet for the second quarter of FY 2075/76. Everyone has already seen their net profit, earnings per share an...
Nepal’s depreciating share market: causes and way forward
Advocate Udayan Regmi Founding Partner Associate Hub Nepalese, and especially the urban dwellers, have always demonstrated interest in the share market. Recently the...
Is Shivam Cement still an expensive proposition? Analyze the updated facts and figures before invest...
~ Rishab Agrawal The IPO of Shivam Cement Limited (SHCL) can very well be termed as the most awaited IPO in the stock market from real sector companies. It was converted into a Pu...
Announcement
- 2019-02-21 Agricultural Development Bank Limited has announced its 12th Annual General Meeting going to be held on 15th Chaitra, 2075 and published its financial highlights of the fiscal year 2074/75.
- 2019-02-21 Samata Microfinance Bittiya Sanstha Limited has changed its name to Samata Laghubitta Bittiya Sanstha Limited.
- 2019-02-21 Shine Resunga Development Bank Limited is distributing 17.70% bonus share directly to DEMAT accounts and urged its shareholders to dematerialize their shares.
- 2019-02-21 Manjushree Finance Limited is distributing its 2.9% cash dividend directly to bank accounts of its shareholders.
- 2019-02-21 Mahila Sahayatra Microfinance Bittiya Sanstha Limited is distributing its 8% cash dividend directly to bank accounts of its shareholders.
- 2019-02-21 Siddhartha Capital Limited has published “Siddhartha Equity Oriented Scheme” Net Asset Value (NAV) till Magh, 2075.
- 2019-02-21 Siddhartha Capital Limited has published “Siddhartha Equity Fund” Net Asset Value (NAV) till Magh, 2075.
- 2019-02-21 Mahalaxmi Bikas Bank Limited has published a notice regarding new interest rate and its effective from 9th Falgun, 2075.
- 2019-02-20 Universal Power Company Limited is closing its 93,27,410 units IPO shares in the second phase to the general public from today (8th Falgun, 2075).
- 2019-02-20 Dibyashwari Hydropower Limited has posted net loss of Rs 2.53 million and published its 2nd quarter company analysis of the fiscal year 2075/76.
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| KEBL | 11th | 2018-12-28 | 2019-01-12 | 2074/2075 |
| MNBBL | 12th | 2018-12-04 | 2018-12-15 | 2074/2075 |
| SLBS | 6th | 2018-12-10 | 2018-12-22 | 2074/2075 |
| NUBL | 20th | 2018-11-27 | 2018-12-11 | 2074/2075 |
| VLBS | 6th | 2018-12-14 | 2018-12-29 | 2074/2075 |
| MBL | 20th | 2018-12-21 | 2019-01-04 | 2074/2075 |
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Panchthar Power Company Limited | 1,750,250 | 2019-02-25 | 2019-02-28 | Coming Soon | |
| 2 | Sparsha Laghubitta Bittiya Sanstha Limited | 269,630 | Coming Soon | Coming Soon | Coming Soon | |
| 3 | Union Hydropower Limited | 3,534,340 | Coming Soon | Coming Soon | Coming Soon | |
| 4 | Mountain Hydro Nepal Limited | 1,816,110 | Coming Soon | Coming Soon | Coming Soon | |
| 5 | Shivam Cement Limited | 4,120,000 | 2019-02-18 | 2019-02-21 | Closed |
Dividend, Bonus & Rights
- Asian life insurance announces book closure date for its upcoming 60% right shares
- Shine Resunga distribute 17.70% bonus share directly to the DMAT account; Urges Shareholders to dematerialize their shares
- Mahila Sahayatra is distributing 8% cash dividend to its shareholders; net profit of FY 2075/76 second quarter stood just over Rs. 12 and a half million
- Manjushree Finance Limited urges shareholders to dematerialize their shares as company distribute cash dividend of 2.90% directly to bank accounts
- Womi Microfinance to issue 100% right shares; SGM endorses the decision
- Himalayan Distillery and Muktinath Bikas Bank is distributing dividend approved by their AGM
- SEBON adds right shares of Ngadi Group Power and Grameen Bikas Laghubitta to its pipeline; companies proposed to issue 30% and 50% rights respectively
- BONUS ISSUE: AN ILLUSION
- 13th AGM of Excel Development Bank to be held on 11th Chaitra; endorsement of cash dividend and right share issue among other agendas
- Civil Bank proposes 4.05% cash dividend; AGM of previous two FY is due
IPO News
- Shivam Cement IPO status: Only 4.70 Lakh units remain for subscription from the general category; 34% of issue for locals subscribed
- Universal Power receives 1.05 Lakh applicants till the last day; issue for general public oversubscribed by 1.06 times
- More than 50% of Shivam Cement IPO for general public gets subscribed till the third day; more than 40 thousand units subscribed by locals
- NRB rejects SWBBL’s proposal to issue FPO shares and convert promoter shares for the purpose of restructuring promoter public shareholding from 70:30 to 51:49
- IPO Alert! Universal Power Company to close its IPO issue from today; IPO is oversubscribed already
- Almost 13 thousand applicants apply for 33% of the issue till the second day of Shivam Cement IPO; issue for locals progressing at slow pace
- Universal Power IPO finally oversubscribed today; applicants collected for more than 99 Lakh units
- Sindhupalchowk based Shiva Shree Hydropower allotted to the valid applicants; 77% unsubscribed shares to be issued along with the issue for general public
- IPO of Shivam Cement receives more than 4,500 applicants from the general category; applicants applied for almost 6 Lakh units
- More than 1 Lakh applicants apply for Universal Power’s IPO; a little over 4 Lakh units still unsubscribed
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
1 month 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...
1 month 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...
1 month 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...
1 month 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...
2 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 | Nepal Agro Microfinance Bittiya Sanstha Limited | 161,778 | Microfinance | |
| 2 | Infinity Laghubitta Bittiya Sanstha Limited | 674,000 | Microfinance | |
| 3 | Janasewi Laghubitta Bittiya Sanstha Limited | 463,300 | Microfinance | |
| 4 | Himal Dolakha Hydropower Company Limited | 7,800,000 | Non Category | (For Local People : 16,00,000 kitta For General Public : 62,00,000 kitta ) |
| 5 | Gurans Laghubitta Bittiya Sanstha Limited | 250,000 | Microfinance |
Sub Indices
As of 2019-02-21
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 952.07 | 954.48 | 949.68 | 953.27 | 67,242,000 | 1.32 | 0.14 | 1,263.83 | 944.94 |
| Development Bank | 1,415.91 | 1,417.24 | 1,409.94 | 1,417.24 | 8,064,050 | 0.03 | 0.00 | 1,714.20 | 1,372.56 |
| Finance | 591.38 | 591.96 | 591.38 | 591.89 | 2,665,860 | 0.78 | 0.13 | 714.72 | 586.92 |
| HydroPower | 1,114.71 | 1,118.89 | 1,110.47 | 1,117.83 | 12,127,500 | -1.07 | -0.10 | 1,823.64 | 1,108.34 |
| Life Insu | 5,589.60 | 5,597.72 | 5,550.27 | 5,594.78 | 9,913,880 | 1.77 | 0.03 | 6,456.18 | 4,923.90 |
| Manufacturing And Processing | 1,996.50 | 1,996.50 | 1,990.22 | 1,990.22 | 23,680 | -12.80 | -0.64 | 2,472.93 | 0.00 |
| Microfinance | 1,403.22 | 1,406.11 | 1,400.75 | 1,399.69 | 39,447,100 | -2.58 | -0.18 | 1,847.80 | 1,225.35 |
| Non Life Insu | 5,329.13 | 5,359.56 | 5,322.58 | 5,342.14 | 19,114,000 | 10.04 | 0.19 | 6,201.18 | 4,855.54 |
| Others | 714.14 | 714.14 | 701.65 | 706.20 | 10,404,300 | 1.31 | 0.19 | 804.59 | 655.84 |
| Trading | 245.20 | 245.20 | 245.20 | 245.20 | 32,740 | 2.70 | 1.11 | 259.10 | 0.00 |
Company Analysis
Analysis
Non-life insurance companies earned a net premium of Rs 29.74 crores in the second quarter! See the detailed comparative analysis
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Dibyashwari Hydropower reports net loss of Rs 25.32 lakhs in Q2; Net worth and EPS are at Rs 61.85 and negativ...
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Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | GLICL | Gurans Life Insurance Company Limited | Rights Issue (Equity) | NPR 297 million | [ICRANP] IPO Grade 4 (Assigned) | 2019-02-15 |
| 2 | NIB | Nepal Investment Bank Limited | Subordinated Debenture Programme (fresh) | NPR 2,000 Million | [ICRANP] LA+ (Assigned) | 2019-02-12 |
| 3 | NIB | Nepal Investment Bank Limited | Subordinated Debenture Programme (existing) | NPR 750 Million | [ICRANP] LA+ (Reaffirmed) | 2019-02-12 |
| 4 | NIB | Nepal Investment Bank Limited | Issuer Rating | NA | [ICRANP-IR] A+ (Reaffirmed) | 2019-02-12 |
| 5 | API | Api Power Company Limited | Rights issue (equity) | NPR 2,268 million | [ICRANP] IPO Grade 4 (Assigned) | 2019-02-10 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | NICA | NIC Asia Bank Limited | Subordinated Debenture “10% NIC Asia Debenture 2085/86” | NPR 4,000 Million | CARE-NP A [Single A] (Assigned) | 2019-01-31 |
| 2 | NICA | NIC Asia Bank Limited | Subordinated Debenture “11% NIC Asia Debenture 2082/83” | NPR 1,830 million | CARE-NP A [Single A] (Reaffirmed) | 2019-01-31 |
| 3 | NICA | NIC Asia Bank Limited | Issuer Rating | NA | CARE-NP A (Is) [Single A (Issuer)] (Reaffirmed) | 2019-01-31 |
| 4 | GMBSL | Ganapati Microfinance Bittiya Sanstha Limited | Initial Public issue | 33.50 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-01-20 |
| 5 | NGPL | Ngadi Group Power Limited | Right Share Issue | Rs. 160.6664 Million | CARE-NP IPO Grade 3 [IPO Grade Three] ( Assigned) | 2019-01-08 |
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 |
| 4 | Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited |
Saptakoshi Development Bank Limited | Development Bank | Acquisiton |
