- Ajod Insurance appoints NIBL Ace as the issue manager of its IPO; Company raising Rs 30 crore from the issue
- Market gains 5.08 points today, closing at 1142.04 points; Siddhartha Bank tops turnover before book closure for dividend
- Trade Balance till Bhadra shows fall in import and rise in export; Highest trade deficit of 62% still with India
- Book closure for 150% right shares of NMB Laghubitta on Kartik 7, 2076; paid up capital to stand at Rs.40.50 Crore after the issue
- Tax Certificate can now be generated online; IRD issues official notice
- Look at the tentative cutoff price of auctioned ordinary and promoter shares of Womi Laghubitta; unsubscribed shares to be re-auctioned
- Last day to hold shares of two companies and obtain decent dividend amount; find out which ones
- Some 80,000 workers so far associated with Social Security Fund
- Kerung-Kathmandu Railway: New pathway paved for feasibility study on cross-border railways
- Construction of Melamchi processing centre in final phase
Featured
Nepal's First open ended Mutual Fund scheme hits trading floor; NIBL Sahabhagita Fund slowly gains traction among investors
Nepal's First open ended scheme after Mutual Fund regulation 2067, NIBl Sahabhagita Fund has been opened for transaction from 14/10/2019. As per the provision the scheme has to be opened for transacti...
Exclusive News
Online banks- What are they all about and how do they function?
In the foreign developed countries, physical banks have become once upon a time stories. The banking experience has done fully digital around the world. Online bank refers to the virtual bank which provides all its services through internet. Investors rarely need to visit banks to deposit cash or cheques, withdraw cash or transfer money. So how do customers use online banks? Firstly, a customer should register through his/her financial institute’s website. The customers can then log in through Home Banking or Online Banking option. The customers need to provide account name, account number and social security card number. The cu...
“10% Laxmi Bank debenture 2086” opens from Ashwin 23, 2076; Information you need to make your decisi...
Company profile Laxmi Bank Limited (LBL) is in operation since April 2002, LBL is mainly promoted by the Khetan Group and the Shanghai Group, both business houses in Nepal. The sh...
Why Dashain can be the perfect festival for kids to learn about money?
Dashain is just around the corner. The longest Hindu festival is celebrated with a lot of prayers and elaborative pujas, family reunions, exchange of gifts and blessings, wishes an...
Expiration of mutual funds lead to increase in bank balance of mutual funds in Bhadra! Find out thei...
There are 16 mutual funds in the country currently. Out of 16, Siddhartha Equity Oriented Scheme (SEOS), Siddhartha Investment Growth Scheme (SIGS1) and Nabil Balance Fund (NBF1) g...
ShareSansar asked the CEOs “How has your way of celebrating Dashain changed as a child and as a CEO?...
“Barsha ma din ma lailai, harsha ka din yi lailai Dashain Tihar chaada ra baada, khusile saaraa varyo ni sansara” There are no better songs than this particular song...
Announcement
- 2019-10-15 Life Insurance Corporation (Nepal) Limited is selling 50,000 units Promoter shares of (Citizens Investment Trust) in auction to the Financial Institutions and Insurance Companies from (28th Ashwin to 18th Kartik, 2076).
- 2019-10-15 Nepal Derivative Exchange Limited has announced its 10th AGM going to be held on 15th Kartik, 2076.
- 2019-10-15 National Life Insurance Company Limited has published its annual financial highlights of the fiscal year 2074/75.
- 2019-10-15 Ruby Valley Hydropower Limited has announced its 2nd and 3rd AGM going to be held on 18th Kartik, 2076.
- 2019-10-14 National Life Insurance Company Limited has announced its 31st AGM going to be held on 24th Kartik, 2076.
- 2019-10-14 NIBL Ace Capital Limited has published a notice regarding fund distributor for NIBL Sahabhagita Fund.
- 2019-10-14 Samata Laghubitta Bittiya Sanstha Limited is issuing it's 1:2 ratio 12,13,440 units right share to its shareholders from today (27th Ashwin, 2076).
- 2019-10-14 Siddhartha Capital Limited is refunding money to the unitholders of "Siddhartha Equity Oriented Scheme" from today (27th Ashwin, 2076.)
- 2019-10-13 Nepal Re-insurance Company Limited has published a notice seeking quotation of Fixed Deposit interest.
- 2019-10-13 Womi Laghubitta Bittiya Sanstha Limited has published a notice regarding bid opening date of 46,509.20 unit ordinary shares and 76,703.80 promoter shares in auction to the general public on (27th Ashwin, 2076).
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Shiva Shree Hydropower Limited | 3,351,140 | 2019-10-03 | 2019-11-01 | Open | |
| 2 | Sabaiko Laghubitta Bittiya Sanstha Limited | 530,000 | 2019-07-17 | 2019-07-21 | Closed | |
| 3 | Himal Dolakha Hydropower Company Limited | 7,672,210 | 2019-07-10 | 2019-08-09 | Closed | |
| 4 | Adhikhola Laghubitta Bittiya Sanstha Limited | 400,000 | 2019-07-07 | 2019-07-10 | Closed | |
| 5 | Ghodighoda Laghubitta Bittiya Sanstha Limited | 132,600 | 2019-07-05 | 2019-07-09 | Closed |
Dividend, Bonus & Rights
- Mithila Laghubitta announces 15% bonus shares out of profits of FY 75/76; cash dividend worth Rs.8.35 Lakhs for tax purposes
- Last day to hold shares of Oriental Hotel Limited to participated in the AGM and claim 15.79% dividend
- Everest Bank proposes 25% dividend for FY 2075/76; Paid up capital to reach Rs 8.47 arba after bonus adjustment
- Samata Laghubitta issue 200% right shares from today; issue closes on Mangsir 1
- Machhapuchchhre Bank to convene its 21st AGM today; Major agenda to approve 5% bonus and 11% cash dividend
- SEBON approves 150% right issue of NMB Laghubitta; total 24.30 lakh unit shares to be issued at par
- Prabhu Bank announces 16% bonus for FY 2075/76; Paid up capital to reach Rs 10.31 arba after bonus adjustment
- Mahalaxmi Bikas Bank proposes 17.89% dividend for the FY 2075/76; Dividend yield is 8.35%
- Final Call! United Insurance closing ongoing 240% right share issue; eligible shareholders are requested to apply before banking hour today
- Shree Investment and Finance proposes 13% dividend for FY 2075/76; Capital after adjustment to reach Rs 82.9 crore
IPO News
- Ajod Insurance appoints NIBL Ace as the issue manager of its IPO; Company raising Rs 30 crore from the issue
- SEBON adds IPO issue of Terhathum Power Company Limited under preliminary review; 1.20 Million units of shares to be issued
- Shiva Shree Hydropower invites application from the general public for its 3.35 Million units IPO; issue opens today
- IPO of Shiva Shree Hydropower opens from Ashwin 16; Information you need to make your investment decision
- Shiva Shree Hydropower opening IPO for general public from Ashwin 16; investors can apply maximum 10 lakh unit shares
- SEBON approves IPO of Shiva Shree Hydropower; Company issuing 33.51 lakh units
- NEA decides to issue 25% of its shares to public; Will a negative reserve balance hinder its IPO process?
- IPO of Singhati Hydro Energy added to SEBON pipeline; Company issuing 43.5 lakh units
- IPO issue of Nepal Re-Insurance Company added to SEBON pipeline; 16 Million units to be issued at par
- ICRA Nepal provides below average grade to proposed IPO of Terhathum Power Company; 1.20 Million units to be issued
Interviews
"Cleansing the hiring culture of Nepal from ABC virus is the first step in creating successful organization"; Exclusive interview with Ganesh Raj Pokharel, CEO of Citizens Bank International
1 month 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 Kathmandu University MBA (Marketing) and BL (Banking) degrees from Tribhuvan University. Experience 27 years of working experience (Management Expert for 14 years and 13 years as a banker). One of the founders and the Chief Executive Officer of Citizens Bank International Ltd. Banking Indust...
“You don’t become a CEO simply to handle big files. You become a CEO to prepare your employees so that they ca...
9 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 associat...
"Entrepreneurship is more about uncovering the illusion of knowledge than just putting up a product"; Intervie...
9 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...
9 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...
9 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...
Auction Data
Recommended
While Nepal decides to drop down the idea of forced merger, India comes in with the proposal of mega merger! What can be the takeaways to Nepalese bankers from positive and negative speculations of Indian mega mergers?
1 month agoNepal government decided to reconsider its “big merger” policy after a lot of criticisms from banks and general public. However, recently Indian government took an exactly opposite step and decided to implement forced merger among its state banks. Finance Minister, Nirmala Sitharaman, came up with a press conference announcing only six public banks will be in operation in the days to come. The decision of big merger was followed by India’s slow economic growth. Finance ministe...
What is the Basel Capital Accord? What was the route of implemantation in Nepal?
2 months agoBasel Capital accord is a capital adequacy framework developed by the Basel Committee on Banking Supervision (BCBS) popularly referred as Basel Committee. It was established by the central bank Govern...
Understand the new features of monetary policy- What is Counter Cyclical Buffer, Liquidity Coverage ratio and...
2 months agoRecent monetary policy came up with three major provisions under BASEL III that are to be implemented by the banks of Nepal. These three provisions are Counter cyclical buffer, Liquidity Coverage Rati...
Calendar Anomalies: How NEPSE return varies by days and months?
2 months agoIs there any day in a week when NEPSE index performs better or worse than other days? Is there any month when market witness NEPSE index more gain or loss compared to rest of the year? We might be cur...
11 Years, 11 Governments! See how NEPSE Index performed during each
2 months agoSince the declaration of Federal Democratic Republic of Nepal in 28 May 2008, we have seen 11 governments with 9 different Prime Ministers including an interim one. As stock market index is con...
Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Terhathum Power Company Limited | 1,200,000 | Non Category | |
| 2 | Singati Hydro Energy Limited | 4,350,000 | Non Category | |
| 3 | Nepal Reinsurance Company Limited | 16,000,000 | Non Category | |
| 4 | NRN Infrastructure and Development limited | 3,398,046 | Non Category | |
| 5 | United Idi-Mardi and R.B. Hydropower Limited | 1,050,000 | Non Category |
Sub Indices
As of 2019-10-15
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,044.73 | 1,049.01 | 1,041.56 | 1,049.01 | 120,735,000 | 4.52 | 0.43 | 1,214.35 | 936.83 |
| Development Bank | 1,551.28 | 1,559.48 | 1,550.27 | 1,559.48 | 38,416,400 | 8.20 | 0.53 | 1,647.45 | 1,398.78 |
| Finance | 566.94 | 570.24 | 566.22 | 568.70 | 18,699,300 | 1.27 | 0.22 | 643.11 | 561.52 |
| Hotels | 1,778.02 | 1,814.14 | 1,776.89 | 1,806.44 | 2,462,610 | 17.33 | 0.97 | 2,248.03 | 1,674.22 |
| HydroPower | 936.83 | 943.00 | 930.93 | 939.29 | 12,311,400 | 2.55 | 0.27 | 1,377.29 | 913.47 |
| Life Insu | 4,976.26 | 5,002.80 | 4,957.85 | 5,002.80 | 12,992,000 | 31.16 | 0.63 | 7,242.33 | 4,923.90 |
| Manufacturing And Processing | 2,426.66 | 2,439.25 | 2,424.86 | 2,439.25 | 7,282,890 | 0.00 | 0.00 | 2,879.94 | 0.00 |
| Microfinance | 1,459.83 | 1,465.27 | 1,458.52 | 1,465.27 | 9,107,480 | 5.33 | 0.37 | 1,595.63 | 1,244.71 |
| Mutual | 9.40 | 9.41 | 9.40 | 9.40 | 148,334 | 0.00 | 0.00 | 10.15 | 9.25 |
| Non Life Insu | 4,213.96 | 4,217.41 | 4,192.08 | 4,217.41 | 17,195,400 | 3.45 | 0.08 | 6,214.65 | 4,135.40 |
| Others | 654.78 | 663.49 | 649.00 | 651.70 | 1,593,170 | 5.63 | 0.87 | 781.90 | 624.12 |
| Trading | 290.23 | 290.23 | 290.23 | 290.23 | 13,660 | 0.00 | 0.00 | 299.69 | 0.00 |
Weekly Analysis
Analysis
Last week before Dashain NESPE rises by 19.60 points; Need to wait till NEPSE moves above 20 EMA and 78.6% Fibonacci Level for bullish confirmation
This week NEPSE Index gained 19.6 Points (1.73%). The Index opened at 1129.80 points and closed at 1149.40 points. On Sunday the index was down by 4.66 points, on Monday index gained 10.42 points, on Tuesday also index gain 10.13 points to sit at 1145.69, on Wednesday index lost 4.98 points and on last trading day before Dashain index gained by 8.69 points. Candlestick pattern: Three green and two red small body candlesticks was formed. Exponential Moving Average: We have used EMA's of 5 days' time period (blue line), 20 days' time...
Hydropower sector is the top loser; turnover decline by massive 47%; Weekly Wrap Up of the NEPSE
Index opened at 1155.30 points and closed at 1129.80 points with the loss of 25.5 points (2.21%). On Sunday the index was down by 16.05 points to sit at 1139.25. Monday market was...
Weekly Technical Analysis of NEPSE index: Market may be sluggish next week
This week Nepse Index closed at the lowest point of the month. Index opened at 1191.07 points and closed at 1157.88 points with the loss of 33.19 points (2.86%). On Sunday the inde...
All major technical indicators are supporting end of short term down trend; Hotel and Life Insurance sector lo...
This week NEPSE made volatility of 41.76 points. NEPSE made a high of 1198.48 and low of 1156.72 within a week. Index opened at 1196.41 points and closed at 1191.07 points with the...
Life Insurance sector lost the most this week; number of transaction fall by 17.35%; Weekly Wrap Up of the NEP...
NEPSE index movement: The Index opened at 1213.06 points and closed at 1196.41 points with the loss of 16.65 points (1.39%). On Sunday the index was down by 3.44 points, on Monday...
Company Analysis
Analysis
Expiration of mutual funds lead to increase in bank balance of mutual funds in Bhadra! Find out their purchase and sales of mutual funds
There are 16 mutual funds in the country currently. Out of 16, Siddhartha Equity Oriented Scheme (SEOS), Siddhartha Investment Growth Scheme (SIGS1) and Nabil Balance Fund (NBF1) got matured recently. Nabil Balance Fund 2 (NBF2), Citizens Mutual Fund 2 (CMF2), NMB 50 (NMB 50), NIC Asia Balanced Fund (NICBAL), Siddhartha Investment Growth Scheme - 2 (SIGS2) and NIBL Sahabhagita Fund (NIBLSF) (open end mutual fund) are new mutual funds added to the list. Mutual funds have an investment in listed/ unlisted funds of Rs 8.16 arba in Bhadra compared...
Nadep Laghubitta reports 43% fall in net profit for Q4 of FY 2075/76; EPS stands at Rs 10.73 and NPL at 4.21%
Nadep Laghubitta Bittiya Sanstha Limited (NADEP) net profit decline by 43.01% in the last quarter of the fiscal year 2075/76. As per the fourth quarter report published today, the...
NIC Asia Laghubitta reports net profit of Rs 10.88 crore for Q4 of 2075/76; Paid-up capital stands at Rs 1 arb...
NIC Asia Laghubitta Bittiya Sanstha Limited has reported net profit of Rs 10.88 crore in the fourth quarter of FY 2075/76. The microfinance company’s deposit stood at Rs 57....
Adhikhola Laghubitta publishes unaudited quarterly report for Q4; reports growth in all major indicators
Adhikhola Laghubitta Bittiya Sanstha Limited (AKBSL) has reported an increase in net profit in the fourth quarter of the fiscal year 2075/76. According to the unaudited financial...
Barun Hydropower reports profit of Rs 5.20 lakh till Q4 of FY 2075/76; EPS stands at Rs 0.20 with paid-up capi...
Barun Hydropower Company (BARUN) has published the unaudited Q4 report for the fiscal year 2075/76. The company’s paid-up capital remains unchanged at Rs.25.51 crore compare...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SBI | Nepal SBI Bank Limited | Subordinated Debenture Programme (fresh) | NPR 2,500 million | [ICRANP] LAA (Assigned) | 2019-09-30 |
| 2 | SBI | Nepal SBI Bank Limited | Subordinated Debenture Programme (existing) | NPR 200 Million | [ICRANP] LAA (Reaffirmed) | 2019-09-30 |
| 3 | SBI | Nepal SBI Bank Limited | Issuer Rating | NA | [ICRANP-IR] AA (Reaffirmed) | 2019-09-30 |
| 4 | PICL | Prudential Insurance Company Limited | Rights Issue (equity shares) | NPR 384.912 million | [ICRANP] IPO Grade 4+ (Assigned) | 2019-09-27 |
| 5 | GLICL | Gurans Life Insurance Company Limited | Rights Issue (Equity) | NPR 938.52 million | [ICRANP] IPO Grade 4+ (Assigned) | 2019-09-27 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | EBL | Everest Bank Limited | Issuer Rating | NA | CARE-NP AA- (Is) [Double A Minus (Issuer rating)] Assigned | 2019-09-01 |
| 2 | NRNIDL | NRN Infrastructure and Development limited | Initial Public Offering (IPO) | NPR 339.8046 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] Assigned | 2019-08-18 |
| 3 | CEDB | CEDB Hydropower Development Company Limited | Initial Public Offering (IPO) | NPR 251.823 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] Assigned | 2019-07-23 |
| 4 | SUCL | Sunrise Capital Limited (NCM/NIDC) | Fund Management Quality Rating (FMQR) | NA | CARE-NP AMC Quality 3 (AMC 3) Assigned | 2019-07-16 |
| 5 | SLICL | Surya Life Insurance Company Limited | Rights Share Issue | NPR 887.41 Millions | CARE-NP IPO Grade 4 [IPO Grade Four] Assigned | 2019-07-11 |
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 | Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited |
Saptakoshi Development Bank Limited | Development Bank | Acquisiton | Yes | 2019-06-12 | |
| 3 | Prime Commercial Bank Limited and Kankai Bikas Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 100:71.50 | Yes | 2019-09-01 |
| 4 | Tinau Development Bank Limited and Mission Development Bank Limited |
Tinau Mission Development Bank Limited | Development Bank | Merger | 1:1 | Yes | 2019-06-27 |
| 5 | NMB Bank Limited and Om Development Bank Limited |
NMB Bank Limited | Commercial Bank | Merger | 100:76 | Yes | 2019-09-18 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited |
Nepal Agro Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-10-04 |
| 2 | Mega Bank Nepal Limited and Gandaki Bikas Bank Limited |
Mega Bank Nepal Limited | Commercial Bank | Acquisiton | 2019-09-26 |
| 3 | Unnati Microfinance Bittiya Sanstha Limited and Sahakarya Laghubitta Bittiya Sanstha Limited |
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited | Non Category | Merger | 2019-07-25 |
| 4 | Vijaya Laghubitta Bittiya Sanstha Limited Cweda Laghubitta Bittiya Sanstha Limited |
Vijaya Laghubitta Bittiya Sanstha Limited | Microfinance | Acquisiton | 2019-07-11 |
| 5 | Citizens Bank International Limited and Sahayogi Vikas Bank Limited |
Citizens Bank International Limited | Commercial Bank | Acquisiton | 2019-07-07 |
