- Aftershock of Gorkha earthquake measured 5.2 in the Richter scale with its epicenter around Naubise of Dhading district
- Samata Laghubitta profit increased by 311.41% in Q3; EPS and PE stands at Rs 34.81 and 34.48 times respectively
- Ganapati Microfinance IPO receives applications for more than 36 Lakh units; issue oversubscribed almost 11 times
- Nepal Agro Laghubitta IPO oversubscribed more than 19 times; applications received for more than 30 Lakh units
- Market makes minimum movement in the positive direction to close at 1260 points; turnover slumps to Rs.61 Crore
- Prabhu Bank brings online bank account opening facility; customers no longer need to queue up to open mere bank accounts
- Ajod Insurance now in Resunga of Gulmi
- Citizens Bank puts new ATM terminal in service at Gyaneshwor based Himal Hospital
- NIC ASIA Bank expands at Manamaiju of Kathmandu with one more branch
- Asha Laghubitta conducts three day soap and detergent making training at Belauri of Kanchanpur; drives 58 rural women towards entrepreneurship
Featured
Nepal Agro Laghubitta closing the IPO issue; investors are requested to apply before 5 PM today
Nepal Agro Laghubitta Bittiya Sanstha Limited is closing the issue of 1,61,778 units ordinary (IPO) shares worth Rs 1.61 crore to the general public from today (Baisakh 11, 2076). This...
Exclusive News
Why IPO of Nepal Agro Laghubitta could make it a steal at par value? What do the actual and estimated financials indicate?
Introduction Nepal Agro Laghubitta Bittiya Sanstha Limited (Nepal Agro Microfinance Bittiya Sanstha Limited) was established on 19th April 2016 (2073/01/07). It is registered as a public limited company under Company Act of Nepal 2006. Nepal Agro Laghubitta Bittiya Sanstha Ltd. received operating license from Nepal Rastra Bank as ‘D’ class financial institution on 8th September, 2016 (2073/05/23) to operate under Bank and Financial Institution Act, 2006. Its operation started from 20th September 2016 (2073/06/04). Central Office of Nepal Agro Laghubitta is located in western part of Nepal, Pokhara, Kaski and it's working distric...
IPO of Ganapati Microfinance opens tomorrow; Things to know for prospective investors
Company profile Ganapati Microfinance Bittiya Sanstha Ltd. is a “D” class National Level Microfinance Institution incorporated on June 27, 2016, licensed by Nepal Rast...
Looking forward to apply on the IPO of 4 companies within a week? Know how much to apply
Initial public offering (IPO) is the most popular sector of Capital Market in Nepal, with larger investor participation than the secondary market. Its popularity is associated with...
Nabil Balanced Fund II opens from today; If you haven't applied yet, things to know before you do
Company profile Nabil Balanced Fund II is a close-end mutual fund scheme with a corpus of Rs 1.2 arba for a period of 10 years. It being sponsored by Nabil Bank Limited and manage...
54.75 lakh units IPO of Sanjen Jalavidhyut Company floats from tomorrow; Things to know before apply...
Company profile Sanjen Jalavidhyut Company Limited (SJCL), a subsidiary of Chilime Hydropower Company Limited was incorporated in 2010 as a public limited company. The registered...
Announcement
- 2019-04-23 Rasuwagadhi Hydropower Company Limited has extended its 1,02,63,150 units IPO shares to the general public due to technical disturbance till 12th Baishakh, 2076.
- 2019-04-23 Sanjen Jal Vidhyut Company Limited has extended its 54,75,000 units IPO shares to the general public due to technical disturbance till 12th Baishakh, 2076.
- 2019-04-23 Infinity Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 21.93 million during the 3rd quarter of the fiscal year 2075/76.
- 2019-04-23 Aarambha Microfinance Bittiya Sanstha Limited has announced its Special General Meeting going to be held on 26th Baishak, 2076.
- 2019-04-23 Grameen Bikas Laghubitta Bittiya Limited is issuing it's 2:1 ratio 32,75,000 units right share to its shareholders from (27th Baishakh to 30th Jestha, 2076).
- 2019-04-23 Ganapati Microfinance Bittiya Sanstha Limited has posted a net profit of Rs 22.30 million during the 3rd quarter of the fiscal year 2075/76.
- 2019-04-23 Sadhana Laghubitta Bittiya Sanstha Limited has posted a net profit of Rs 11.41 million during the 3rd quarter of the fiscal year 2075/76.
- 2019-04-23 Barun Hydropower Company Limited has posted a net loss of 2.15 million and published its 3rd quarter company analysis of the fiscal year 2075/76.
- 2019-04-23 World Merchant Banking & Finance Limited has posted a net profit of Rs 6.37 million and published its 3rd quarter company analysis of the fiscal year 2075/76.
- 2019-04-23 Kailash Bikas Bank Limited has published a notice regarding new interest rate and its effective from 10th Baishakh, 2076.
AGM - SGM
| Symbol | AGM | Book Closure | AGM Date | Fiscal Year |
|---|---|---|---|---|
| SLBBL | 10th | 2018-09-21 | 2018-10-06 | 2074/2075 |
| EDBL | 13th | 2019-03-11 | 2019-03-25 | 2074/2075 |
| GBLBS | 4th | 2019-01-10 | 2019-01-26 | 2074/2075 |
| SKBBL | 17th | 2019-01-17 | 2019-02-01 | 2074/2075 |
| SFFIL | 18th | 2018-12-28 | 2019-01-12 | 2074/2075 |
| NCDB | 9th | 2019-01-01 | 2019-01-14 | 2074/2075 |
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Gurans Laghubitta Bittiya Sanstha Limited | 250,000 | 2019-04-29 | 2019-05-03 | Coming Soon | |
| 2 | Ganapati Microfinance Bittiya Sanstha Limited | 335,000 | 2019-04-22 | 2019-04-25 | Open | |
| 3 | Nepal Agro Laghubitta Bittiya Sanstha Limited | 161,778 | 2019-04-21 | 2019-04-24 | Open | |
| 4 | Rasuwagadhi Hydropower Company Limited | 10,263,150 | 2019-04-19 | 2019-04-23 | Closed | |
| 5 | Sanjen Jalavidhyut Company Limited | 5,475,000 | 2019-04-19 | 2019-04-23 | Closed |
Dividend, Bonus & Rights
- Right Alert! Grameen Bikas Laghubitta to issue 50% right shares from Baisakh 27; investors holding shares till Chaitra 28 are eligible
- Last trading day to grab 300% right shares of Everest Insurance; book closure on Baisakh 9
- Machhapuchchhre Bank published an outstanding Q3 report with 45.29% profit growth; can distribute 16% dividend next year
- Lumbini General Insurance SGM on Baisakh 25; to endorse agenda of 20% right share; paid up capital to reach Rs 105.6 crore
- Deva Bikas Bank announces 5.5% bonus shares; decisions is subject to approval from NRB and upcoming AGM
- Nepal Rastra Bank approves dividend distribution of Chhimek Laghubitta; 40% dividend to be endorsed in the upcoming AGM of the company
- Proposed 100% right share issue of Womi Laghubitta Bittiya Sanstha receives Grade 4+ from ICRA Nepal; what is the rationale behind the rating?
- Unnati Microfinance allots its 20% right shares to the valid applicants; Remaining 8,895 units to be sold via auction soon
- Everest Insurance Company issues right shares twice in one fiscal year; what does the rule say?
- 240% right shares of United Insurance added to SEBON pipeline; Paid-up capital to reach Rs 1.02 arba after the issuance
IPO News
- Nepal Agro Laghubitta closing the IPO issue; investors are requested to apply before 5 PM today
- SEBON has given instruction to extend ongoing Sanjen and Rasuwagadhi IPO issue after the continues disturbance in Meroshare login
- Ganapati Microfinance IPO receives applications for more than 36 Lakh units; issue oversubscribed almost 11 times
- Nepal Agro Laghubitta IPO oversubscribed more than 19 times; applications received for more than 30 Lakh units
- The website differs but the technical glitches remain same; Nepalese Investors having a tough time to apply for IPOs; The closing date will not be postponed says CDSC
- Sanjen and Rasuwagadhi Hydropower closing IPO issue, investors can apply till banking hour today; problem in meroshare login continues
- SEBON gives final approval to IPO issue of Janasewi Laghubitta; Company to issue IPO soon
- More than 1 Lakh units of Union Hydropower still up for grabs; 96% of the issue subscribed
- Ganapati Microfinance oversubscribed by more than 3 times on the first day itself; issue closes on 12th Baisakh
- Sanjen Jalavidhyut and Rasuwagadhi Hydropower IPO both oversubscribed on 3rd day; both receive warm response from investors
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
3 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 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...
3 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...
3 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...
4 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...
“The problem of liquidity will be solved once BFIs, NBA and NRB come together” An interview with Mr. Chinta Ma...
4 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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An economy of Rs 3 trillion with 157 banks and financial institutions; What is hindering the consolidation goa...
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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Himal Dolakha Hydropower Company Limited | 6,200,000 | Non Category | (For Local People : 16,00,000 kitta For General Public : 62,00,000 kitta ) |
| 2 | Mountain Energy Nepal Limited | 1,968,027 | Non Category | (For Local People : 19,68,027 Kitta For General Public : 19,68,027 Kitta) |
| 3 | Sabaiko Laghubitta Bittiya Sanstha Limited | 530,000 | Microfinance | |
| 4 | Shiva Shree Hydropower Limited | 3,351,140 | Non Category | |
| 5 | Ghodighoda Laghu Bittiya Sanstha Limited | 132,600 | Microfinance |
Sub Indices
As of 2019-04-23
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,153.10 | 1,169.63 | 1,143.65 | 1,160.40 | 340,594,000 | 6.66 | 0.58 | 1,263.83 | 936.83 |
| Development Bank | 1,512.84 | 1,525.30 | 1,505.80 | 1,513.22 | 123,162,000 | 0.58 | 0.04 | 1,714.20 | 1,372.56 |
| Finance | 625.47 | 628.15 | 625.47 | 626.63 | 60,960,700 | 1.45 | 0.23 | 714.72 | 584.35 |
| Hotels | 1,795.52 | 1,795.52 | 1,771.58 | 1,776.46 | 220,870 | -17.37 | -0.97 | 2,154.47 | 1,674.22 |
| HydroPower | 1,140.49 | 1,146.27 | 1,133.71 | 1,135.61 | 14,908,300 | -4.11 | -0.36 | 1,823.64 | 1,101.83 |
| Life Insu | 6,254.27 | 6,285.70 | 6,180.19 | 6,227.97 | 31,510,300 | -22.22 | -0.36 | 6,456.18 | 4,923.90 |
| Manufacturing And Processing | 2,010.45 | 2,054.84 | 2,010.45 | 2,054.84 | 8,065,860 | 46.08 | 2.29 | 2,410.30 | 0.00 |
| Microfinance | 1,477.15 | 1,480.42 | 1,465.40 | 1,472.36 | 78,224,900 | -4.95 | -0.34 | 1,847.80 | 1,244.71 |
| Non Life Insu | 5,531.27 | 5,578.71 | 5,524.49 | 5,542.93 | 72,916,100 | 16.41 | 0.30 | 6,201.18 | 4,855.54 |
| Others | 701.74 | 711.45 | 701.74 | 706.87 | 9,015,560 | -2.13 | -0.30 | 804.59 | 689.69 |
| Trading | 250.39 | 250.39 | 244.81 | 244.81 | 82,590 | -2.79 | -1.13 | 259.10 | 0.00 |
Company Analysis
Analysis
Samata Laghubitta profit increased by 311.41% in Q3; EPS and PE stands at Rs 34.81 and 34.48 times respectively
Samata Laghubitta Bittiya Sanstha Limited (SMATA) has published unaudited financial report for the third quarter today. It has stated that net profit has increased by staggering 311.41% to Rs 1.48 crore in third quarter of fiscal year 2075/76 from Rs 36.09 lakh reported in the corresponding quarter of the previous fiscal year 2074/75. Likewise, it extended loans of Rs 1.23 arba in the review period. It has collected deposits of Rs 44.19 crore in the third quarter of the fiscal year 2075/76. It has paid up capital of Rs 5.68 crore with reserve...
Lumbini Bikas reports an outstanding 81.20% growth in EPS of Q3; still the proposed bonus shares of FY 2074/75...
Lumbini Bikas Bank Limited (LBBL) has reported an outstanding growth of 86.26% in net profit in the third quarter of the fiscal year 2075/76. As per the report published, the deve...
World Merchant and Finance Limited publishes highlights for the third quarter; reports fall in all major indic...
World Merchant and Finance Limited (WMBF) has reported decrease in net profit in the third quarter with a negative reserved of Rs.22.68 Crore. The unaudited financial report...
Net loss of Rs.21.54 Lakhs reported by Barun Hydropower Limited; EPS grows while net worth per share decreases
Barun Hydropower Company (BARUN) has published the unaudited Q3 report for the fiscal year 2075/76. The company’s paid-up capital remains unchanged at Rs.25.51 Crore compared...
Sadhana Laghubitta reports net profit of Rs.1.14 Crore for the quarter end; publishes high growth in the net i...
Sadhana Laghubitta Bittiya Sanstha Limited has published third quarter report for the FY 2075/76. As per the financial report published today, the microfinance company reported ne...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | WOMI | Womi Laghubitta Bittiya Sanstha Limited | Rights Share Issue (equity) Grading | NPR 101.088 Million | [ICRANP] IPO Grade 4+ (Assigned) | 2019-04-18 |
| 2 | MBL | Machhapuchchhre Bank Limited | Subordinated Debenture Program | NPR 3,000 million | [ICRANP] LA- (assigned) | 2019-04-18 |
| 3 | SLABS | Sabaiko Laghubitta Bittiya Sanstha Limited | IPO (equity) Grading | NPR 53 Million | [ICRANP] IPO Grade 4 (Assigned) | 2019-04-01 |
| 4 | AKLBSL | Adhikhola Laghubitta Bittiya Sanstha Limited | IPO (equity) Grading | NPR 40 Million | [ICRANP] IPO Grade 4 (Assigned) | 2019-04-01 |
| 5 | LECL | Liberty Energy Company Limited | IPO (equity) Grading | NPR 375 million | [ICRANP] IPO Grade 4 (Assigned) | 2019-03-31 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | HDHCL | Himal Dolakha Hydropower Company Limited | Initial Public Offer | NPR 780 millions | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-04-09 |
| 2 | UIC | United Insurance Company (Nepal) Limited | Rights Share Issue | NPR 725.76 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Reaffirmed) | 2019-04-01 |
| 3 | SSHL | Shiva Shree Hydropower Limited | Initial Public Offer | NPR 335.113 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-03-25 |
| 4 | MENL | Mountain Energy Nepal Limited | Initial Public Offering (IPO) | NPR 393.6054 million | CARE-NP IPO Grade 4+ [IPO Grade Four Plus] (Assigned) | 2019-03-11 |
| 5 | IMBSL | Infinity Laghubitta Bittiya Sanstha Limited | Initial Public Offer | 67.40 Million | CARE-NP IPO Grade 4 [IPO Grade Four] Reaffirmed (enhanced from Rs.60.00 Mn) | 2019-02-25 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Jyoti Bikash Bank Limited & Hamro Bikas Bank Limited |
Jyoti Bikash Bank Limited | Development Bank | Acquisiton | 1:1 | Yes | 2019-03-11 |
| 2 | Prime Commercial Bank Limited and Om Development Bank Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 100:80 | No | 2018-08-19 |
| 3 | Mountain Eneryg Nepal Ltd, Robust Energy Ltd and Aadhisakti Vidhyut Bikas Co. Ltd |
Mountain Energy Nepal Limited | Non Category | Acquisiton | No | 2018-09-13 | |
| 4 | Best Finance Company Limited & Synergy Finance Limited | Best Finance Company Limited | Finance | Acquisiton | 1:1 | Yes | 2018-07-02 |
| 5 | Rastriya Banijya Bank Limited and NIDC Development Bank Limited | Rastriya Banijya Bank Limited | Non Category | Merger | 1:1 | No | 2018-04-05 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Nepal Investment Bank Limited and Jebil's Finance Limited |
Nepal Investment Bank Limited | Commercial Bank | Acquisiton | 2019-03-10 |
| 2 | Shine Resunga Development Bank Limited and Purnima Bikas Bank Limited |
Shine Resunga Development Bank Limited | Development Bank | Acquisiton | 2019-03-10 |
| 3 | Deva Bikas Bank Limited & Western Development Bank Limited | Deva Bikas Bank Limited | Development Bank | Acquisiton | 2018-07-10 |
| 4 | Deva Bikas Bank Limited & Sahara Bikas Bank Limited | Deva Bikas Bank Limited | Development Bank | Acquisiton | 2017-06-09 |
| 5 | Saptakoshi Development Bank Limited and Kabeli Bikas Bank Limited |
Saptakoshi Development Bank Limited | Development Bank | Acquisiton |
