- Muktinath Bikash Bank and NCC Bank under remittance pact; remittance dispatched via Muktinath Remit now available through 127 NCCB branches
- Ncell a Public Company Now; Issuing Shares to the Public
- 4,28,153 Applicants Applied for IPO of NRN Infrastructure; Oversubscribed by 5.24 Times
- NEPSE Plunges 21.20 points (1.61%) to Close at 1,382.66; Total Turnover Rs. 1.23 Arba
- Approx Rs 14.23 Crore Collected in "10% Prabhu Bank Debenture 2084" Issue so Far
- AHPC gets Electricity Regulatory Commission's approval to Issue 1:1 Right Shares; SEBON yet to approve the proposal
- 15% Bonus share of Soaltee Hotel Limited listed on NEPSE for regular trading
- Sadhana Laghubitta's 21.77 lakh units shares listed on NEPSE; shares can be traded from tomorrow
- Former Jyoti Bikas Bank CEO Manoj Gyawali Appointed as DGM of Nabil Bank, Taking Office from Today
- Ncell Axiata launches Wirefree+ Wi-Fi service in 40 plus districts; to provide attractive Bundled services starting at Rs 690 per month
Featured
NIC ASIA Bank launches loan benefit calculator in its website; now look for real time demonstration of benefits in bank’s housing, vehicle and business loans
NIC ASIA Bank has launched a loan calculator service for the interested customers who would like to borrow its Super Chamatkarik credit schemes at just 8.25% interest. The bank has been providing thr...
Exclusive News
How much to bid in Prudential, NLG and Shikhar Insurance auction share? Get an idea
The company issues the right shares to their existing shareholders in order to hike the paid-up capital requirements. However, investors might not fully subscribe to the right shares at a par value of Rs.100. Because of this reason, the company auctions the Right Shares at Rs. 100 or above to the general investors. Many non-life insurance companies in the past have auctioned their right shares. Some of them are mentioned below with the closing price at the time of auction and the cut-off rate. S. N Symbol Company Name Closing Price Cut-off Price Change 1 LGIL Lumbini General Insurance Limited 497 482 -...
Find out the Stocks Invested by Mutual Funds Right After the Lockdown
There are 17 mutual funds in the country currently. Out of 17, Laxmi Value Fund (LVF1), Siddhartha Equity Oriented Scheme (SEOS), Siddhartha Investment Growth Scheme (SIGS1), Nabil...
Things to know for prospective investors about IPO of NRN Infrastructure and Development Limited
Introduction NRN Infrastructure and Development Limited (NRNIDL) is a public Limited Company, registered in Kathmandu under the Company Act 2063, in Nepal (September 2012). The co...
Nepal Rastra Bank Publishes Directive for Banks and Financial Institutions for FY 2077/78; Good news...
Nepal Rastra Bank (NRB) published a directive yesterday related to monetary policy with provisions that banks and financial institutions must follow. NRB has also made a new rule...
Know the financial performance of leading life insurance company of Nepal - Nepal Life Insurance Com...
Introduction: Nepal Life Insurance Company was established under the Company Act 2053 and Insurance Act 2049 as a public limited company on 2058/01/21 (04/05/2001). With the aim...
Announcement
- 2020-08-05 Support Microfinance Bittiya Sanstha Limited has changed its name to Support Laghubitta Bittiya Sanstha Limited.
- 2020-08-05 NRN Infrastructure and Development Limited is closing its 33,98,046 units IPO shares to the general public from today (21st Shrawan, 2077).
- 2020-08-05 Mahila Sahayatra Laghubitta Bittiya Sanstha Limited has re-announced its 7th AGM going to be held on 13th Bhadra, 2077.
- 2020-08-05 Liberty Energy Company Limited is closing the issue of 15,00,000 units IPO shares to the project affected local residents of Besisahar Rural Municipality, Dordi Municipality Ward No. 11, and Lamjung District from today (Shrawan 21, 2077).
- 2020-08-04 Bank of Kathmandu Limited has published a notice regarding the new interest rate for its loans and advances product and its effective from 20th Shrawan, 2077.
- 2020-08-04 Citizens Investment Trust (CIT) is distributing interest to the unitholders of "Citizen Units Scheme 2052".
- 2020-08-04 Mega Bank Limited has published a notice regarding the new interest rate for its fixed deposit product and its effective from 20th Shrawan, 2077.
- 2020-08-04 Nepal Reinsurance Company Limited has posted a net profit of Rs 916.15 million during the 3rd quarter of the fiscal year 2076/77.
- 2020-08-03 Civil Bank Limited has published a notice regarding new interest rate and its effective from 19th Shrawan, 2077.
- 2020-08-03 Garima Bikas Bank Limited has published a notice regarding new interest rate and its effective from 19th Shrawan, 2077.
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| NMBMF | 7th | 2020-03-23 | 2020-07-06 | 2075/2076 |
| CBBL | 18th | 2019-12-16 | 2019-12-02 | 2075/2076 |
| KAKHL | Annual General Meeting | 2020-08-16 | 2075/2076 | |
| PRVU | 18th | 2019-11-12 | 2019-11-22 | 2075/2076 |
| GBIMEL | 12th | 2019-10-25 | 2075/2076 | |
| GDBL | SGM | 2020-05-24 | 2020-06-03 | 2075/2076 |
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | NRN Infrastructure and Development Limited | 3,398,046 | 2020-07-31 | 2020-08-05 | Closed | |
| 2 | Reliance Life Insurance Limited | 6,300,000 | Coming Soon | Coming Soon | Coming Soon | |
| 3 | Ajod Insurance Limited | 3,000,000 | 2020-07-09 | 2020-07-13 | Closed | |
| 4 | Sadhana Laghubitta Bittiya Sanstha Limited | 707,800 | 2020-07-05 | 2020-07-08 | Closed | |
| 5 | NIC Asia Laghubitta Bittiya Sanstha Limited | 4,755,000 | 2020-06-24 | 2020-06-28 | Closed |
Dividend, Bonus & Rights
- AHPC gets Electricity Regulatory Commission's approval to Issue 1:1 Right Shares; SEBON yet to approve the proposal
- NRB disapproves Shine Resunga Development Bank's proposal for Right Shares
- NLG Insurance right shares allotment: 95.80% shares get subscribed; remaining 1,61,078 units shares to be sold via auction soon
- No Distribution of Cash Dividend and Bonus Share to shareholders of Nepal Reinsurance for FY 2075/76
- Hurry Up!! 30 days time to collect/ encash Nepal SBI Bank cash dividend of FY 2070/71 and before
- Civil Laghubitta issuing 100% right shares from Shrawan 25; Capital after adjustment to reach Rs 23.40 crore
- Manjushree Finance and Miteri Development Bank Distribute Bonus Shares to Demat Accounts; Urge Investors to Dematerialize their Shares
- Gentle Reminder! Last day to apply for right shares of Gurans Life Insurance and Shikhar Insurance
- Gurans Life Insurance and Shikhar Insurance closing ongoing right share issue from Sunday; eligible investors requested to apply before stipulated time
- Prudential Insurance right shares allotment: 98.58% shares get subscribed; remaining 54,631 units shares to be sold via auction soon
IPO News
- SEBON Approved IPO Issue of Samaj Laghubitta Bittiya Sanstha; Company to Raise Rs 86 Lakhs Soon
- Ncell a Public Company Now; Issuing Shares to the Public
- 4,28,153 Applicants Applied for IPO of NRN Infrastructure; Oversubscribed by 5.24 Times
- Sadhana Laghubitta's 21.77 lakh units shares listed on NEPSE; shares can be traded from tomorrow
- Liberty Energy Company closing the IPO issue of 15,00,000 units shares to project affected locals from today
- 3,01,400 applicants applied for IPO of NRN Infrastructure and Development Limited; high chance of allotment through lottery now
- 2,74,541 applicants applied for IPO of NRN Infrastructure and Development Limited till now; issue already oversubscribed by 3.27 times
- 2,30,671 Applicants Applied for IPO of NRN Infrastructure and Development Limited till Now; Issue Already Oversubscribed by 2.82 Times
- 1,90,075 applicants applied for IPO of NRN Infrastructure and Development Limited till now; issue already oversubscribed by 2.38 times
- 1,04,458 applicants applied for IPO of NRN Infrastructure and Development Limited till now; issue already oversubscribed by 1.37 times
Interviews
We're near the goal of graduating to developing country by 2022: Finance Minister Khatiwada
1 month agoFinance Minister Dr. Yubaraj Khatiwada has claimed that the Nepali economy dented by COVID-19 pandemic was reviving gradually. Also, the Minister for Communications and Information Technology Dr. Khatiwada shared that with the economic and social activities getting restored, the income and expenditure gap is also being narrowed. He, however, said it is challenging to ensure a dynamic economy in the face of adverse situations. The National News Agency (RSS) took his interview focusing on the na...
Let’s invest money for capital formation instead of buying sophisticated vehicles: Finance Minister Dr Khatiwa...
4 months agoAs the spread of coronavirus pneumonia has created risks on multiple sectors, the government has come up with some measures to tackle those impacts of COVID-19 on economy and other areas expecting to...
Expect a 'game changer' in the economic and social sector: Finance Minister Dr Khatiwada
6 months agoFinance Minister Dr. Yuba Raj Khatiwada has said the overall economic indicators of the country were healthy and the economy was moving ahead on the right trajectory. Stating that implementation of f...
Everest Bank Limited marks its 25th anniversary welcoming new CEO Mr. Gajendar Kumar Negi, who says “While wor...
9 months agoEverest Bank Limited has accomplished a quarter of century in the Nepalese banking sector as it marks its Silver jubilee today. In the time period of two and a half decade, it is not simply Everest Ba...
"Cleansing the hiring culture of Nepal from ABC virus is the first step in creating successful organization";...
10 months 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 Kath...
Auction Data
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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Terhathum Power Company Limited | 1,200,000 | Hydropower | |
| 2 | Singati Hydro Energy Limited | 4,350,000 | Non Category | |
| 3 | Emerging Nepal Limited | 500,000 | Non Category | |
| 4 | Greenlife Hydropower Limited | 3,496,400 | Hydropower | |
| 5 | Mountain Energy Nepal Limited | 1,968,027 | Hydropower | (For Local People : 19,68,027 Kitta For General Public : 19,68,027 Kitta) |
Sub Indices
As of 2020-08-05
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Finance | 657.34 | 658.14 | 646.30 | 649.59 | 113,606,000 | -7.17 | -1.09 | 732.76 | 550.39 |
| Others | 801.72 | 802.48 | 791.28 | 797.94 | 144,949,000 | -4.15 | -0.52 | 861.83 | 624.12 |
Weekly Analysis
Analysis
NEPSE decline by meager 0.25%; Joshi Hydropower rises by massive 55.84% ; Nepal Reinsurance traded most this week too (Weekly Wrap up)
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Week after monetary policy: NEPSE index made a swing of 161.42 points, turnover rises by 40.77%; What does it...
NEPSE index gained 47.84 points (3.43%) in the trading week between 19th July to 23rd July 2020. This week's market opened at 1394.77 points, made a high of 1556.19 points (increme...
NEPSE continues its gaining spirit; Microfinance and Banking sector rises most; highest turnover of Nepal Rein...
NEPSE index gained 63.67 points (4.77%) in the trading week between 12th July to 16th July 2020. This week's market opened at 1331.10 points but close at the high of the week 1394....
NEPSE trying to roar amid COVID-19 fear; gains 74.99 points this week; Nepal Reinsurance traded most (Weekly W...
NEPSE index gained 74.99 points (5.98%) in the trading week between 5th July to 9th July 2020. This week's market opened at 1256.11 points but close at the high of the week 1331.10...
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Company Analysis
Analysis
Nepal Reinsurance Company earns Rs 91.69 crore till Q3; Net premium rises by 39.21% to Rs 4.94 arba
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10% Prabhu Bank Debenture 2084 opens for application; Find out necessary information before investing
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Nepal Infrastructure Bank earns Rs 84.71 crore till Q4 of FY 2076/77; company issuing IPO worth Rs 8 arba
Nepal Infrastructure Bank Limited (NIFRA) has published its fourth quarterly report for the FY 2076/77 today. The bank net profit rises by 26.41% to Rs 84.71 crore from Rs 67....
Find out the Stocks Invested by Mutual Funds Right After the Lockdown
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Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SICL | Shikhar Insurance Company Limited | Issuer Rating | NA | [ICRANP-IR] A (assigned) | 2020-05-15 |
| 2 | GBIME | Global IME Bank Limited | Subordinated Debenture Programme | NPR 1500 Million | [ICRANP] LA-; reaffirmed | 2020-05-11 |
| 3 | GBIME | Global IME Bank Limited | Issuer Rating | NA | [ICRANP-IR] A-; reaffirmed | 2020-05-11 |
| 4 | GBIME | Global IME Bank Limited | Subordinated Debenture Programme | NPR 3,000 million | [ICRANP] LA-; assigned | 2020-05-11 |
| 5 | HBL | Himalayan Bank Limited | Subordinated Bond Programme | [ICRANP] LA; reaffirmed | NPR 600 million | 2020-04-27 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | RBB | Rastriya Banijya Bank Limited | Subordinated Debenture (RBBL Debenture 2083) | NPR 2500 Million | CARE-NP A+ [Single A Plus] Assigned | 2020-07-15 |
| 2 | RBB | Rastriya Banijya Bank Limited | Issuer Rating | NA | [CARE-NP] A+ (Is) [Single A Plus (Issuer)] Assigned | 2020-07-14 |
| 3 | SANCAP | Sanima Capital Limited | Fund Management Quality Rating (FMQR) | NA | CARE-NP AMC Quality 3 (AMC 3) Reaffirmed | 2020-07-01 |
| 4 | JLICL | Jyoti Life Insurance Company Limited | Issuer Rating | NA | CARE-NP BBB (Is) [Triple B (Issuer)] Assigned | 2020-07-01 |
| 5 | SAMAJ | Samaj Laghubitta Bittiya Sanstha Limited | Issuer Rating | NA | CARE-NP B+ (Is) [Single B Plus (Issuer)] Assigned | 2020-07-01 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Smart Laghubitta Bittiya Sanstha Limited and Manakamana Laghubitta Bittiya Sanstha Limited |
Manakamana Smart Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 1:1 | No | |
| 2 | Mirmire Laghubitta Bittiya Sanstha Limited and Sweda Laghubitta Bittiya Sanstha |
Mirmire Laghubitta Bittiya Sanstha Limited | Microfinance | Acquisiton | No | 2020-07-19 | |
| 3 | Kisan Microfinance Bitttiya Sanstha Limited, NRN Laghubitta Bittiya Sanstha Limited and Dibya Laghubitta Bittiya Sanstha Limited |
NRN Laghubitta Bittiya Sanstha Limited | Non Category | Merger | 1:1:1 | No | |
| 4 | Kumari Bank Limited and Deva Bikas Bank Limited |
Kumari Bank Limited | Commercial Bank | Acquisiton | 1:0.86 | No | 2020-06-24 |
| 5 | Mega Bank Nepal Limited and Gandaki Bikas Bank Limited |
Mega Bank Nepal Limited | Commercial Bank | Acquisiton | 1:1 | No | 2020-06-24 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Jeevan Bikas Laghubitta Bittiya Sanstha, Garibi Niunikaran Laghubitta Bittiya Sanstha and Solve Laghubitta Bittiya Sanstha |
Merger | |||
| 2 | Unique Nepal Laghubitta Bittiya Sanstha and Buddha Jyoti Laghubitta Bittiya Sanstha |
Acquisiton | |||
| 3 | Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited |
Nepal Agro Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-10-04 |
| 4 | Prime Commercial Bank Limited and Lalitpur Finance Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 2019-06-08 |
| 5 | Mirmire Laghubitta Bittiya Sanstha Limited, Nagbeli Laghubitta Bikas Bank Limited |
Mirmire Laghubitta Bittiya Sanstha Limited | Microfinance | Acquisiton |
