- Import-Export report released for Bhadra: Here's a quick and simple summary
- NRB amends directive for microfinance companies: e-Banking prohibited; Criteria tightened for promoters margin lending
- NIC ASIA Bank urges borrowers to receive interest benefit by clearing all dues within 23 days; borrowers to receive the benefit of 8.99% interest from Kartik 1
- Civil Bank launches Civil Kisan Card; aims to make financial and technical supports more accessible and affordable to Nepalese farmers with a credit facility of up to Rs 5 lakh
- Nabil Investment Banking inks corporate advisory pact with Kamana Sewa Bikash Bank; clients to enjoy a range of advisory services
- Nabil Bank launches Green PIN Service; customers can now easily reset PIN of their ATM card at all ATM booths of the bank
- This TMS guide will help you invest efficiently; Also know the types of market orders
- Rainfall to take place for three more days due to the impact of a westerly low-pressure system
- NEPSE index gains 5.74 points and closes at 1,561.27; Hydro companies witness voracious buyer optimism
- Meroshare to be down for three hours today evening (Ashwin 08); Here's what CDSC told us about it
Featured
NIC ASIA Capital revamps its corporate advisory services; includes a range of innovative services to help SMEs cope up with ongoing COVID crises
NIC ASIA Capital has launched a COVID 19 revival strategy service under its corporate advisory service for SMEs which are affected by the ongoing COVID crises. As per the media statement, the merchan...
Exclusive News
The "Gold Rush" in Nepal now seems exhausted; What this means for NEPSE
Gold lost Rs. 1,200 in the Nepalese market today. Yesterday, it had slipped downwards by a massive Rs. 1,700 in a single day. According to the official website of the Federation of Nepal Gold and Silver Dealers' Association, fine gold is being traded today at Rs. 94,300 per tola while tejabi gold is being traded at Rs. 93,800 per tola. More than a month back, the price of gold had made a new high in the Nepalese local market, with fine gold reaching the historic high of Rs. 1,03,500 per tola and tejabi gold reaching Rs. 1,03,000. This was at a time when gold was creating higher highs in the international market as well. It seems that the b...
Things to know for prospective investors about IPO of United Idi Mardi and RB Hydropower Limited; IP...
Company Profile United Idi Mardi and RB Hydropower Limited (UIMHL) was initially incorporated as a private limited company on March 1, 2010, as United Idi-Mardi and R.B Hydropower...
Know the status and financial performance of Sanima Mai Hydropower and its investment on different h...
Company Information: Sanima Mai Hydropower Limited (SHPC) was incorporated in 2008 as a private company and later on 16th March 2012 was converted into a Public Limited C...
Agriculture the happening enterprise to meet our needs; What role the Nepal government and its citiz...
We know it very well that Our country is dependent on Agriculture. However, we are very aware that all the basic needs of people are coming from India and other countries. Recently...
NEPSE on rising mood - Hydropower, Hotel, and Others Sectors outperformed NEPSE Index; Know which se...
After more than 3 years of the long bearish cycle of NEPSE, it created a high of 1632.17 on 27 Feb 2020. During this time the world was already affected by the deadly coronavirus;...
Announcement
- 2020-09-25 Gurkhas Finance Limited has announced its 25th AGM going to be held on 5th Kartik, 2077.
- 2020-09-24 Siddhartha Bank Limited has published an offer letter to issue (30,00,000 units @ Rs.1000 per unit) "8.5% SBL Debenture 2084" to the general public from (16th to 20th Ashwin, 2077).
- 2020-09-24 Nepal Reinsurance Company Limited has published a notice seeking quotation of Fixed Deposit interest.
- 2020-09-24 City Expresss Finance Company Limited has announced its SGM going to be held on 28th Ashwin, 2077.
- 2020-09-24 Corporate Development Bank Limited has announced its 12th AGM going to be held on 29th Ashwin, 2077.
- 2020-09-24 Nepal Investment Bank Limited has announced its SGM going to be held on 28th Ashwin, 2077.
- 2020-09-23 United IDI Mardi and RB Hydropower Company Limited is issuing its 4,20,000 units IPO shares the project affected local residents of Kaski District from today (7th Asoj, 2077).
- 2020-09-23 Citizens Mutual Fund-1 and Citizens Mutual Fund-2 has announced a book closure date for distribution of dividend of fiscal year of 2076/77 on 15th Ashwin, 2077.
- 2020-09-23 NMB Capital Limited has published (NMB 50) Net Assets Value (NAV) till Bhadra, 2077.
- 2020-09-23 NMB Capital Limited has published (NMB Hybrid Fund L-1) Net Assets Value (NAV) till Bhadra, 2077.
Investment/Existing Issues
Dividend, Bonus & Rights
- Global IME Samunnat Scheme 1 (GIMES1) distributes 4% dividend for FY 2076/77
- Shares Listed: 30% Right Shares of Shikhar Insurance Company Limited (SICL)
- Laxmi Equity Fund to distribute 4.25% cash dividend for FY 2076/77
- Shareholders of Gandaki Bikas Bank to get bonus shares only after tax clearance
- Dividend announced for FY 2076/77: How much for Nabil Balanced Fund - 2 and Nabil Equity Fund?
- First Microfinance decides to issue 9.5% bonus shares and 4.18% cash dividend for FY 76/77; decision to be endorsed in the AGM
- Last trading day in NEPSE to grab 200% right shares of Samriddhi Finance Company Limited
- Civil Laghubitta ongoing 100% right share issue extended by 15 days; now right issue closes on Bhadra 29
- Samata Laghubitta (SMATA) proposes 6.32% cash dividend and 20% bonus shares for FY 2076/77
- Samriddhi Finance announces book closure for right shares issue; Shareholders who own shares before Bhadra 12 entitled to the right shares
IPO News
- IPO allotment of Liberty Energy Company concludes; all applicants applying till 30 units allotted with full applied units and lucky 25,620 applicants get 10 units extra via lottery
- IPO allotment of Samaj Laghubitta concludes; lucky 8,070 investors get 10 units each and remaining 5,39,300 applicants return empty hands
- IPO Allotment Today: Samaj Laghubitta and Liberty Energy
- Another microfinance institution to float shares in IPO; Upakar Laghubitta appoints Nepal SBI Merchant Banking as issue manager to issue 1.26 lakh unit ordinary shares
- IPO allotment of Reliance Life Insurance concludes; lucky 5,67,000 investors get 10 units each and remaining 20,509 applicants return empty hands
- IPO Allotment Knocking: Samaj Laghubitta, Reliance Life Insurance, and Liberty Energy Company
- Reliance Life Insurance's IPO closes with 6,06,331 applications; Issue Oversubscribed by 4.25 times; 10 units each will be alloted by lottery
- Samaj Laghubitta Bittiya Sanstha's IPO closes with 5,64,138 applications; Issue Oversubscribed by 148.56 times
- Liberty Energy Company's IPO: SEBON allows extra day for entry of physical application forms for C-ASBA member BFI's
- Last day to apply for the IPO of Samaj Laghubitta and Reliance Life Insurance; both company IPO is already oversubscribed
Interviews
We're near the goal of graduating to developing country by 2022: Finance Minister Khatiwada
2 months 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...
5 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
8 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...
11 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";...
1 year 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
Sub Indices
As of 2020-09-24
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,258.02 | 1,258.02 | 1,239.20 | 1,244.90 | 470,375,000 | 0.93 | 0.07 | 1,483.16 | 973.22 |
| Development Bank | 1,854.64 | 1,864.43 | 1,824.02 | 1,832.31 | 193,878,000 | -1.67 | -0.09 | 2,097.34 | 1,512.44 |
| Finance | 755.37 | 759.84 | 750.84 | 755.22 | 155,104,000 | 9.62 | 1.29 | 773.67 | 550.39 |
| Hotels | 1,729.32 | 1,767.15 | 1,727.06 | 1,733.84 | 9,393,440 | 17.27 | 1.01 | 2,154.02 | 1,298.18 |
| HydroPower | 1,242.74 | 1,308.60 | 1,242.62 | 1,296.39 | 866,849,000 | 55.71 | 4.49 | 1,323.05 | 850.25 |
| Life Insu | 9,709.29 | 9,761.00 | 9,678.90 | 9,696.95 | 143,885,000 | -44.10 | -0.45 | 10,160.09 | 4,814.83 |
| Manufacturing And Processing | 3,064.39 | 3,088.83 | 3,053.28 | 3,055.09 | 47,537,800 | -9.30 | -0.30 | 3,258.40 | 2,105.88 |
| Microfinance | 2,569.89 | 2,583.86 | 2,567.05 | 2,570.73 | 150,095,000 | -0.52 | -0.02 | 2,838.63 | 1,441.31 |
| Mutual | 10.70 | 10.70 | 10.64 | 10.69 | 8,195,280 | -0.01 | -0.08 | 11.07 | 8.95 |
| Non Life Insu | 8,031.10 | 8,031.10 | 7,909.02 | 7,930.53 | 296,687,000 | -53.97 | -0.68 | 8,453.71 | 3,936.49 |
| Others | 1,012.32 | 1,018.73 | 1,007.13 | 1,017.98 | 201,975,000 | 8.94 | 0.89 | 1,035.44 | 629.39 |
| Trading | 1,026.77 | 1,089.51 | 1,021.58 | 1,089.51 | 18,774,300 | 70.85 | 6.95 | 1,089.51 | 290.23 |
Weekly Analysis
Analysis
Correction seen on NEPSE after four straight weekly gain; United Finance rises by 33.67%; Naasa Securities remains top buying and selling broker (Week...
NEPSE index declined 10.91 points (0.69%) in the trading week between 20th September to 24th September 2020. Last Week market closed at 1572.18 and this week closed at 1561.27 points on Thursday. 70.09 points volatility was witnessed this week, with the market reaching the highest 1605.12 and the lowest 1535.03. Candlestick pattern: This week, 1 green and 4 red candles were formed. Three black crows candle pattern was formed on Tuesday. The three black crows pattern occurs when bears overtake the bulls during three consecutive trading ses...
Hotels and Hydropower sector rise by a massive 23.13% and 16.92%; Avg. daily turnover rises by 24.01%; Nepal R...
NEPSE index gained 51.49 points (3.39%) in the trading week between 13th September to 17th September 2020. Last Week market closed at 1520.69 and this week closed at 1572.18 points...
NEPSE continues its rising trend this week too; Trading sector rises by massive 14.59%; Naasa Securities remai...
NEPSE index gained 10.27 points (0.68%) in the trading week between 6th September to 10th September 2020. Last Week market closed at 1510.42 and this closed at 1520.69 points on Th...
Others and Hydropower sector rise by a massive 12.91% and 11.55%; Avg. daily turnover rises by 52.75%; Nepal R...
NEPSE index gained 52.38 points (3.59%) in the trading week between 30th August to 3rd September 2020. This week's market opened for 4 trading days at 1458.04 points but closed 151...
NEPSE rises by 4.33% this week; Nepal Reinsurance tops in terms of Turnover, Volume, and Transaction; Turnover...
NEPSE index gained 60.47 points (4.33%) in the trading week between 23rd August to 27th August 2020. This week's market opened at 1397.57 points but closed 1458.04 points on Thursd...
Company Analysis
Analysis
Things to know for prospective investors about IPO of General Insurance Company Nepal Limited; high chance of lottery for 10 units
Company Profile: General Insurance Company Nepal Limited (GICNL) is a general (non-life) insurance providing a wide range of general insurance covers for businesses and individuals. The company started its operation on June 20, 2018. The product diversification includes; Fire, Marine, Motor, Engineering, Miscellaneous, Agriculture, etc. The company is promoted by institutional and individual promoters from diverse backgrounds; Mrs. Babita Kumari Agrawal (9.07%), Mega Bank Nepal Limited (7.14%). General Insurance is a new player in the non-lif...
Things to know for prospective investors about IPO of United Idi Mardi and RB Hydropower Limited; IPO to local...
Company Profile United Idi Mardi and RB Hydropower Limited (UIMHL) was initially incorporated as a private limited company on March 1, 2010, as United Idi-Mardi and R.B Hydropower...
Know the status and financial performance of Sanima Mai Hydropower and its investment on different hydro proje...
Company Information: Sanima Mai Hydropower Limited (SHPC) was incorporated in 2008 as a private company and later on 16th March 2012 was converted into a Public Limited C...
EPF FY 2076/77 financials: invested Rs 21.14 Arba in shares and has a massive Rs 1.07 kharba in different BFI'...
Employee Provident Fund (EPF) has unveiled the unaudited financial details of the fiscal year 2076/77. EPF has reported a total of its sources as Rs 3.50 kharba at the end of...
Commercial Operation of Himalayan Power yet to start; No revenue in this quarter as well
Himalayan Power Partner Limited (HPPL) has published the unaudited fourth-quarter report for FY 2076/2077. As per the report, the company’s main project located in Lamjung Di...
Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | RJPL | Ru Ru Jalvidut Pariyojana Limited | IPO (equity) Grading | 89.695 Millions | [ICRANP] IPO Grade 3; assigned | 2020-08-24 |
| 2 | MEGA | Mega Bank Nepal Limited | Issuer Rating | N.A. | [ICRANP-IR] BBB+; assigned | 2020-08-17 |
| 3 | UIMRBHL | United Idi-Mardi and R.B. Hydropower Limited | Issuer Rating | NA | CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned | 2020-08-03 |
| 4 | NBB | Nepal Bangladesh Bank Limited | Subordinated Debenture Programme | NPR 2000 Million | [ICRANP] LBBB+; reaffirmed | 2020-07-27 |
| 5 | NBB | Nepal Bangladesh Bank Limited | Issuer Rating | NA | [ICRANP-IR] BBB+; reaffirmed | 2020-07-27 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | UIMRBHL | United Idi-Mardi and R.B. Hydropower Limited | Issuer Rating | NA | CARE-NP BB+ (Is) [Double B Plus (Issuer)] Assigned | 2020-08-27 |
| 2 | RBB | Rastriya Banijya Bank Limited | Subordinated Debenture (RBBL Debenture 2083) | NPR 2500 Million | CARE-NP A+ [Single A Plus] Assigned | 2020-07-15 |
| 3 | RBB | Rastriya Banijya Bank Limited | Issuer Rating | NA | [CARE-NP] A+ (Is) [Single A Plus (Issuer)] Assigned | 2020-07-14 |
| 4 | SANCAP | Sanima Capital Limited | Fund Management Quality Rating (FMQR) | NA | CARE-NP AMC Quality 3 (AMC 3) Reaffirmed | 2020-07-01 |
| 5 | JLICL | Jyoti Life Insurance Company Limited | Issuer Rating | NA | CARE-NP BBB (Is) [Triple B (Issuer)] Assigned | 2020-07-01 |
Mergers & Acquisitions
| S.No | Name of Mergred Companies | Company Name | Sector | Action | Swap Ratio | Trading | Joint Date |
|---|---|---|---|---|---|---|---|
| 1 | Summit Laghubitta Bittiya Sanstha Limited and Sajilo Laghubitta Bittiya Sanstha Limited |
Summit Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | No | ||
| 2 | Naya Nepal Laghubitta Bittiya Sanstha Limited and Sarathi Laghubitta Bittiya Sanstha Limited |
Sarathi Nepal Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | No | ||
| 3 | NMB Bank Limited and Kanchan Development Bank Limited
|
NMB Bank Limited | Commercial Bank | Acquisiton | 100:85 | No | 2020-08-09 |
| 4 | Smart Laghubitta Bittiya Sanstha Limited and Manakamana Laghubitta Bittiya Sanstha Limited |
Manakamana Smart Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 1:1 | No | |
| 5 | Mirmire Laghubitta Bittiya Sanstha Limited and Sweda Laghubitta Bittiya Sanstha |
Mirmire Laghubitta Bittiya Sanstha Limited | Microfinance | Acquisiton | 1:0.63 | No | 2020-07-19 |
| S.No | Name of Mergred Companies | Company Name | Sector | Action | MOU Date |
|---|---|---|---|---|---|
| 1 | Womi Laghubitta Bittiya Sanstha Limited and Grameen Swayamsewak Laghubitta Bittiya Sanstha Limited |
Merger | |||
| 2 | NIC Asia Laghubitta Bittiya Sanstha Limited and Swadeshi Laghubitta Bittiya Sanstha Limited. |
Merger | |||
| 3 | Unique Nepal Laghubitta Bittiya Sanstha and Buddha Jyoti Laghubitta Bittiya Sanstha |
Acquisiton | |||
| 4 | Nepal Agro Laghubitta Bittitya Sanstha and Nesdo Sambridha Laghubitta Bittiya Sanstha Limited |
Nepal Agro Laghubitta Bittiya Sanstha Limited | Microfinance | Merger | 2019-10-04 |
| 5 | Prime Commercial Bank Limited and Lalitpur Finance Limited |
Prime Commercial Bank Limited | Commercial Bank | Acquisiton | 2019-06-08 |
