- Market loses double digits to close at 1168 points; UPPER hits the negative circuit with turnover of almost Rs.11 Crore
- Nepal Rastra Bank to issue T-bills worth Rs 5.50 arba today via auction
- Shares of Samudayik Laghubitta set on open range from Rs 168.37 – Rs 505.11 for the first transaction; Stock symbol SLBSL assigned to the shares
- Laxmi Laghubitta’s EPS stands at Rs 40.18 with 9% rise in net profit; NIC Asia Laghubitta earns Rs 5.77 crore profit in Q2
- Guheswori Merchant Banking and Finance's profit rises by 9.66% in Q2; EPS rises to RS 8.37 with improved performance
- NMB signs PPA to launch unique solar roof-top model
- Standard Chartered Bank to convene its AGM today; Bank to endorse 17.50% cash dividend
- Goodwill Finance to convene 24th AGM on Falgun 10; Shareholders holding till Magh 26 to receive 5.263% cash dividend
- Saptakoshi Development Bank and Kabeli Bikas Bank agree to form the biggest provincial Bank in Province 1; merged entity to be called Saptakoshi Development Bank
- Kathmandu Metropolitan City building two overhead bridges in first phase
Featured
Standard Chartered Bank appoints Anirvan Ghosh Dastidar as the new CEO; Mr. Dastidar appointed as director to represent Standard Chartered Grindlays
Mr. Anirvan Ghosh Dastidar has been appointed as the new CEO of Standard Chartered Bank Nepal Limited. Mr Dastidar have been appointed as the CEO of SCB Nepal for a period of 3 years commencing from F...
Exclusive News
14 development banks yet to convene AGM; Post proposed M&A, the number to come down to 26 from 32
Globalization and increased sophistication in the business today has made Corporate Governance more crucial and urgent than ever. The most highlighted elements of Corporate Governance are Transparency, Accountability and Fairness. Thus, to uphold the sanctity of Corporate Governance, all the public limited companies are required to submit their financial reports to the concerned Government department so that the stakeholders can access it. Similarly, in case of Listed Companies, they are required to publish the financial report every quarter and conduct the Annual General Meeting (AGM) within the second quarter end of next Fiscal Year (FY)....
Despite being the most regulated sector, commercial banks behind on conducting AGM; What can investo...
~Rishab Agrawal As per the regulation of the authorities, all the companies listed on NEPSE have to compulsorily convene their Annual General Meeting (AGM) with 6 months of comple...
Decreased inflation, increased remittance, deficit current account, decreased FDI flows, fiscal surp...
The central bank of the country published its macro-economic update based on five month’s data of 2018/19. The report covers major details on inflation, trade, services, remi...
Standardization of Services and the Democratization of the Nepali Stock Market
Sudarshan Kadariya Finanacial and Accounting Professional, Cox and Kings Global Services (CKGS) USA For comments: Su.kadariya@gmail.com A tourist might have a problem in...
Are you seeking private equity funding? See the list of factors that private equity investors evalua...
Jonish Maharjan Research analyst, Aakash Capital Limited Private Equity (PE) and Venture Capital (VC) are the sources of equity fund which finance new and rapidly growing compani...
Announcement
- 2019-01-21 NIC Asia Laghubitta Bittiya Sanstha Limited has posted net profit of Rs 57.70 million during the 2nd quarter of the fiscal year 2075/76.
- 2019-01-21 Laxmi Laghubittta Bittiya Sanstha Limited has posted net profit of Rs 48.51 million and published its 2nd quarter company analysis of the fiscal year 2075/76.
- 2019-01-21 Guheswori Merchant Banking & Finance Limited has posted net profit of Rs 33.49 million and published its 2nd quarter company analysis of the fiscal year 2075/76.
- 2019-01-21 Goodwill Finance Limited has announced its 24th Annual General Meeting going to be held on 10th Falgun, 2075.
- 2019-01-21 Shangrila Development Bank Limited has published its financial highlights of the fiscal year 2074/75.
- 2019-01-21 Srijana Finance Limited is distributing 9.50% cash dividend directly to bank accounts and has urged to dematerialize their shares certificate.
- 2019-01-21 Civil Bank Limited has published a notice regarding new interest rate and its effective from 7th Magh, 2075.
- 2019-01-21 Kumari Bank Limited has published a notice regarding new interest rate and its effective from 7th Magh, 2075.
- 2019-01-21 Mega Bank Nepal Limited has published a notice regarding new interest rate and its effective from 7th Magh, 2075.
- 2019-01-21 Himalayan Bank Limited has published a notice regarding new interest rate and its effective from 7th Magh, 2075.
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| SKDBL | 6th | 2018-12-23 | 2019-01-12 | 2074/2075 |
| NMFBS | 5th | 2018-12-01 | 2018-12-14 | 2074/2075 |
| UMHL | 5th | 2018-12-11 | 2018-12-27 | 2074/2075 |
| GMBSL | 2nd | 2018-11-16 | 2074/2075 | |
| NSEWA | 4th | 2018-12-30 | 2019-01-12 | 2074/2075 |
| MMFDB | 8th | 2018-12-25 | 2019-01-05 | 2074/2075 |
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Asha Laghubitta Bittiya Sanstha Limited | 674,000 | Coming Soon | Coming Soon | Coming Soon | |
| 2 | Ghalemdi Hydro Limited | 1,533,770 | 2019-01-03 | 2019-01-07 | Closed | |
| 3 | Chautari Laghubitta Bittiya Sanstha Limited | 600,000 | 2018-12-05 | 2018-12-09 | Closed | |
| 4 | Joshi Hydropower Development Company Limited | 1,690,470 | 2018-12-02 | 2018-12-05 | Closed | |
| 5 | Samudayik Laghubitta Bittiya Sanstha Limited | 300,000 | 2018-11-18 | 2018-11-21 | Closed |
Dividend, Bonus & Rights
- Standard Chartered Bank to convene its AGM today; Bank to endorse 17.50% cash dividend
- Goodwill Finance to convene 24th AGM on Falgun 10; Shareholders holding till Magh 26 to receive 5.263% cash dividend
- Unnati Microfinance to close its shareholders register book on Magh 16 for 20% right issue; Paid-up capital to reach Rs 8.82 crore after 20% right and 40.50% bonus share adjustment
- NMB Bank, Janata Bank and RMDC Laghubitta to deposit cash dividends in the respective bank accounts
- Kisan Microfinance's auction for 4,280 unit unsold right shares starts from today; Paid-up capital to reach Rs 7.20 crore after adjustment
- Last day to apply in the auctioned shares of City Express Finance; Paid-up capital to reach Rs 40 crore after adjustment
- Reliance Finance’s AGM delayed due to unsold promoter shares; “ AGM for FY 73/74 and 74/75 will be convened soon”, assures Deputy CEO
- Nepal Bank’s shareholders to again face disappointment; Bank deemed unable to provide any kind of dividend
- Sahara Bikas Bank to convene its 7th AGM on Magh 23; Shareholders to receive 24.21% dividend for the FY 2073/74
- Last day to hold the shares of Sana Kisan Laghubitta to secure its 26.31% dividend; AGM to be convened on Magh 18
IPO News
- Shares of Samudayik Laghubitta set on open range from Rs 168.37 – Rs 505.11 for the first transaction; Stock symbol SLBSL assigned to the shares
- NEPSE lists 10 lakh unit IPO of Samudayik Laghubitta after 2 months of allotment
- Care Ratings Nepal assigns "IPO Grade 4" to the upcoming 3.35 lakh unit IPO of Ganapati Microfinance; Rating indicates below average fundamentals
- Sparsha Laghubitta restructures its IPO issuance; SEBON adds 2.69 lakh unit shares in IPO pipeline
- Universal Power Company extends 21 lakh unit IPO issue for locals till Magh 13; Applications can be placed for minimum 50 units
- IPO alert for investors; Dish Home concludes 9th AGM endorsing issuance of 10% of paid-up value
- Samudayik Laghubitta’s IPO: Why hasn’t it been listed yet?
- Ghalemdi Hydropower’s IPO allotment concludes; 43,993 applicants receive 30 units while 10,699 applicants receive 20 units
- One more hydropower company set to issue IPO; Himal Dolakha’s 78 lakh unit shares added in SEBON’s IPO pipeline
- SEBON adds restructured 4.63 lakh unit shares of Janasewi Laghubitta in its IPO pipeline; Restructured 1.98 lakh units of Swabhimaan Laghubitta also added in IPO pipeline
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 week 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...
2 weeks 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...
3 weeks 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...
4 weeks 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...
1 month 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
Recommended
Technical Analysis and its Controversy among Nepalese Investors
3 weeks agoTechnical analysis has recently gained popularity among Nepalese investors, be it in a positive way or in a negative way. These days you can hardly find investors, who have not heard about technical analysis, however, the opposite was true 5 years back. In Nepal, commodity traders are known to be the early adopters of the technical analysis discipline. I personally know a handful of commodity traders implementing technical analysis a decade ago when it was still unknown to stock investors. The s...
Why having at least two saving accounts will help you attain your financial goal?
1 month agoWe come from a culture where issues on money, finances or banking are rarely discussed openly. In fact, parents even hesitate talking about the financial status of the family to their children. Howeve...
Why should you invest in the Mutual funds ? Know the advantages of investing in mutual funds
1 month agoMutual funds are a fund created from the general public capital to invest in a different instrument and majorly in the stock market. Mutual funds are one of the best investment instruments celebrated...
Every stock market trader goes through these 4 stages; Which emotional stage are you in?
3 months ago~Krishna Khatiwada In every phase of life, everything is evolving in its environment whether it’s a living thing or non-living thing. Research says that humans are evolved from the Chimpanzee (...
Whether you are a trader or an investor: beta can be the measure of risk for you!
3 months agoNEPSE; the only local bourse of the country finally took an uptrend after months of wait. Investors and traders have come to the trading floor in order to benefit from the recently rising market. This...
Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Sparsha Laghubitta Bittiya Sanstha Limited | 269,630 | Microfinance | |
| 2 | Janasewi Laghubitta Bittiya Sanstha Limited | 463,300 | Microfinance | |
| 3 | Himal Dolakha Hydropower Company Limited | 7,800,000 | Non Category | (For Local People : 16,00,000 kitta For General Public : 62,00,000 kitta ) |
| 4 | Mountain Hydro Nepal Limited | 1,816,110 | Non Category | (Including Unsubscribed 5,66,110 Share issued to Local People) |
| 5 | Himalaya Urja Bikas Company Limited | 1,485,000 | Non Category |
Sub Indices
As of 2019-01-21
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,000.40 | 1,000.40 | 995.65 | 995.78 | 102,722,000 | -5.96 | -0.59 | 2,025.79 | 975.43 |
| Development Bank | 1,453.48 | 1,453.48 | 1,447.85 | 1,447.85 | 44,144,100 | -7.21 | -0.50 | 1,714.20 | 1,372.56 |
| Finance | 611.33 | 612.21 | 610.54 | 612.21 | 32,362,300 | 0.87 | 0.14 | 722.78 | 586.92 |
| Hotels | 1,736.96 | 1,740.73 | 1,730.85 | 1,740.73 | 1,282,440 | -2.90 | -0.17 | 2,158.90 | 1,663.00 |
| HydroPower | 1,260.53 | 1,260.53 | 1,237.04 | 1,237.04 | 118,403,000 | -56.04 | -4.33 | 1,881.57 | 1,131.16 |
| Life Insu | 6,113.74 | 6,113.74 | 6,068.71 | 6,080.02 | 25,475,500 | -58.38 | -0.95 | 6,456.18 | 4,923.90 |
| Manufacturing And Processing | 2,233.65 | 2,237.06 | 2,212.82 | 2,212.82 | 1,529,330 | -23.52 | -1.05 | 2,493.74 | 0.00 |
| Microfinance | 1,437.33 | 1,437.33 | 1,415.92 | 1,415.92 | 28,968,500 | -20.94 | -1.46 | 1,847.80 | 1,225.35 |
| Non Life Insu | 5,621.13 | 5,625.99 | 5,602.15 | 5,602.15 | 48,006,000 | -44.25 | -0.78 | 6,201.18 | 4,855.54 |
| Others | 749.72 | 751.00 | 739.40 | 741.07 | 22,419,800 | -8.65 | -1.15 | 804.59 | 655.84 |
| Trading | 249.72 | 249.72 | 249.72 | 249.72 | 17,480 | -2.96 | -1.17 | 259.10 | 0.00 |
Company Analysis
Analysis
Laxmi Laghubitta’s EPS stands at Rs 40.18 with 9% rise in net profit; NIC Asia Laghubitta earns Rs 5.77 crore profit in Q2
Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has reported 9.09% increase in net profit for the second quarter of the current fiscal year 2075/76. Publishing the unaudited financial report for the second quarter today, the microfinance company has stated that its net profit increased to Rs 4.86 crore in second quarter of fiscal year 2075/76, from Rs 4.45 crore reported in the corresponding quarter of the previous fiscal year 2074/75. The microfinance has borrowings of Rs 1.73 arba in the 2nd quarter compared to Rs 1.50 arba in the correspon...
Guheswori Merchant Banking and Finance's profit rises by 9.66% in Q2; EPS rises to RS 8.37 with improved perfo...
Guheswori Merchant Banking and Finance Company Limited (GMFIL) has registered a net profit rise of 9.66% in the second quarter of the FY 2075/76. According to the unaudited f...
Massive growth of 46% in net profit of National Microfinance in Q2; EPS increases to Rs 75.87
National Microfinance Bittiya Sanstha Limited (NMFBS) has shown a massive rise in net profit by 46.02% percent in the second quarter (Q2) of the fiscal year 2075/76. Publishing th...
Deva Bikas Bank’s profit drops by 5.48% in Q2; EPS and Net worth per share stood at Rs 10.50 and Rs 124.23 res...
Deva Bikas Bank Limited (DBBL) has reported a fall of 5.48% in the net profit in the second quarter of the current FY 2075/76. According to the unaudited financial report publishe...
Chautari Laghubitta reports 209.9% growth in Net profit; annualized EPS stands at Rs 11.31
Chautari Laghubitta Bittiya Sanstha (CHLBS) has published its second-quarter report for the FY 2075/76. CHLBS has posted paid-up capital worth Rs.18.6 crore which was Rs. 12.60 cr...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | SANJEN | Sanjen Hydropower Company Limited | IPO (equity) Grading | NPR 547.50 Million | [ICRANP] IPO Grade 4+ (Assigned) | 2019-01-13 |
| 2 | SHUVAM | Shuvam Power Limited | IPO (equity) Grading | NPR 58.058 million | [ICRANP] IPO Grade 5 (Assigned) | 2019-01-13 |
| 3 | MERO | Mero Microfinance Laghubitta Bittiya Sanstha Limited | Rights Share Issue (equity) Grading | NPR 328.90 Million | [ICRANP] IPO Grade 4+ (Assigned) | 2019-01-13 |
| 4 | LAXMICAP | Laxmi Capital Market Limited | Fund Management Quality Rating (FMQR) | NA | [ICRANP] AMC Quality 3 (AMC 3) (Reaffirmed) | 2019-01-03 |
| 5 | GHALE | Ghalemdi Hydro Limited | IPO (equity) Grading | NPR 155.577 Million | [ICRANP] IPO Grade 5 (Assigned) | 2018-12-20 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | GMBSL | Ganapati Microfinance Bittiya Sanstha Limited | Initial Public issue | 33.50 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-01-20 |
| 2 | NGPL | Ngadi Group Power Limited | Right Share Issue | Rs. 160.6664 Million | CARE-NP IPO Grade 3 [IPO Grade Three] ( Assigned) | 2019-01-08 |
| 3 | SRBL | Sunrise Bank Limited | Subordinate Bond (10% Debenture 2080) | 1000 Million | CARE-NP A- [Single A Minus] (Assigned) | 2018-12-13 |
| 4 | SRBL | Sunrise Bank Limited | Issuer Rating | NA | CARE-NP A- (Is) [Single A Minus (Issuer Rating)] (Reaffirmed) | 2018-12-13 |
| 5 | SPHL | Sayapatri Hydropower Limited | Initial Public Offer | 90 Million | CARE-NP IPO Grade 5 [IPO Grade Five] (Assigned) | 2018-12-07 |
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 |
