- NLG Insurance is closing the auction of 1.61 lakh units shares from today; LTP stood at Rs 648
- NEPSE Witnesses a Small Uptick; Closes at 1425.32; Total Turnover Rs. 95.19 crores
- NIBL Ace Capital Appointed Share Registrar of Soaltee Hotel Limited
- Excel Development Bank Limited and Prabhu Insurance Company Limited Distributing Bonus Shares Directly to Demat Accounts of their Respective Investors
- Sanima Life Insurance's net premium rises by 98.43% in Q4; EPS and Net worth stands at Rs 6.09 and Rs 108.71 respectively
- NIC Asia Capital Announces 4th AGM; Proposal to Distribute 18% Cash Dividend
- General Insurance Company earns Rs 5.06 crore in Q4; Company to issue IPO soon to general public
- Nagbeli Laghubitta profit rises by 11.6% to Rs 3.96 crore in Q4; Company is in acquisition process with Mirmire Laghubitta
- Glocal After School initiates the South Asian Youth Festival 2020; aims to virtually connect thousands of young minds from South Asia for 3 coming weeks
- Global IME Bank expands with 259th branch at Kapan in Kathmandu; takes banking access to 71 districts so far
Featured
Siddhartha Bank hands over financial support of Rs 2.67 crore towards COVID control and prevention; supports federal government in its fight against prevailing infection
Siddhartha Bank has provided a financial support of Rs 2.67 crore to the Covid prevention, control and treatment fund established by the federal government. The support amount was handed over by chai...
Exclusive News
Fixed Income Markets in Nepal: The investment platforms we seldom hear and care about
-Prashant Ghimire There has been a provision brought by Nepal Rastra Bank which has made it mandatory for the Banking institutions to issue debentures worth 25% of their total paid-up capital. The recent monetary policy has extended the mandate to Ashad of 2079, so the banks have still got 2 years to complete their side of the promise. This move from NRB can be well applauded as we can expect the dormant Bond and Fixed Income markets to ignite and play its part in the Capital Markets in our Country. But after a year of this initiation brought forward by Nepal Rastra Bank, the situation still looks quite gloomy. In Nepal, there is a lot of r...
Know the financial performance of leading non-life insurance company of Nepal - Shikhar Insurance Co...
Introduction: Shikhar Insurance Company Limited is the 13th private sector general insurer in Nepal established in March 2004. SICL is an established Company promoted by a young...
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 shar...
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...
Announcement
- 2020-08-13 Nabil Bank Limited has posted a net profit of Rs 3.56 billion and published its 4th quarter company analysis of the fiscal year 2076/77.
- 2020-08-13 Citizens Bank International Limited has posted a net profit of Rs 1.11 billion and published its 4th quarter company analysis of the fiscal year 2076/77.
- 2020-08-13 Global IME Laghubitta Bittiya Limited has posted a net profit of Rs 77.93 million and published its 4th quarter company analysis of the fiscal year 2076/77.
- 2020-08-13 United Modi Hydropower Limited has posted a net profit of Rs 57.52 million and published its 4th quarter company analysis of the fiscal year 2076/77.
- 2020-08-12 Progressive Finance Limited has published a notice regarding the new interest rate for its deposit products and its effective from 28th Shrawan, 2077.
- 2020-08-12 Prabhu Insurance Company Limited is distributing 5% bonus share directly to DEMAT accounts and urged its shareholders to dematerialize their shares.
- 2020-08-12 Nabil Bank Limited has published a notice regarding the new interest rate for its deposit and loan products and its effective from 28th Shrawan, 2077.
- 2020-08-12 Saptakoshi Development Bank Limited has posted a net profit of Rs 32.94 million and published its 4th quarter company analysis of the fiscal year 2076/77.
- 2020-08-12 Excel Development Bank Limited is distributing 17.10% bonus share directly to DEMAT accounts and urged its shareholders to dematerialize their shares.
- 2020-08-12 Mega Capital Markets Limited and Mega Bank Limited has published a notice to pay annual charge for DMAT account renewal.
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Reliance Life Insurance Limited | 6,300,000 | 2020-08-20 | 2020-08-24 | Coming Soon | |
| 2 | Samaj Laghubitta Bittiya Sanstha Limited | 86,000 | 2020-08-20 | 2020-08-24 | Coming Soon | |
| 3 | Liberty Energy Company Limited | 3,564,930 | 2020-08-19 | 2020-08-23 | Coming Soon | |
| 4 | NRN Infrastructure and Development Limited | 3,398,046 | 2020-07-31 | 2020-08-05 | Closed | |
| 5 | Ajod Insurance Limited | 3,000,000 | 2020-07-09 | 2020-07-13 | Closed |
Dividend, Bonus & Rights
- Excel Development Bank Limited and Prabhu Insurance Company Limited Distributing Bonus Shares Directly to Demat Accounts of their Respective Investors
- NIC Asia Capital Announces 4th AGM; Proposal to Distribute 18% Cash Dividend
- Global IME Laghubitta Bittiya Sanstha and Kumari Bank distributing bonus shares directly to DEMAT accounts
- NIC Asia Growth Fund and NIC Asia Balanced Fund Declare Dividend; Proposal to Operate Open-Ended Mutual Fund Scheme: NIC Asia Dynamic Debt Fund
- 40,75,151 Units Bonus Shares of Nepal Bangladesh Bank Listed in NEPSE
- Muktinath Bikas Bank Limited and Swabalamban Laghubitta Bittiya Sanstha request Investors to Claim Uncollected Dividend
- 15% Bonus Shares of Soaltee Hotel deposited in Demat Account; Company postpones Bonus Share certificate distribution until further notice due to Covid-19
- NLG Insurance Company Limited to Distribute 7% Bonus Shares for FY 2075/76
- NIBL Sahabhagita Fund to distribute 8.25% dividend for FY 2076/77; investors can reinvest dividend into the scheme itself
- Gurans Life Insurance right shares allotment: 93.72% shares get subscribed; remaining 5.90 lakh unit shares to be sold via auction soon
IPO News
- Reliance Life Insurance issuing 63 lakh units IPO shares to general public from Bhadra 4; high possibility of getting minimum 10 units for all applicants
- Another IPO is in the offer; Samaj Laghubitta Bittiya Sanstha is issuing 86,000 units IPO shares to general public from Bhadra 4
- Another Microfinance IPO to hit market soon! Manushi Laghubitta appoints Nepal SBI Merchant Banking to issue its 3 lakh unit shares in IPO
- Citizen Life Insurance Company Issuing 75 lakhs unit shares as IPO; NIBL Ace Capital appointed Issue Manager
- IPO allotment of NRN Infrastructure and Dev. concludes; lucky 3,20,614 investors get 10 units each and remaining 97,344 applicants return empty hand
- IPO Opening: Liberty Energy Company issuing 35.64 lakh units ordinary share to general public from Bhadra 3
- NRN Infrastructure and Development IPO allotment to be concluded tomorrow at 9 AM; allotment process will be streamed live on the Sanima Capital Facebook page
- Laxmi Unnati Kosh Public Issue: 8,22,68,070 units applied for by the public and the institutions combined
- IPO issue for Project-Affected Locals of Liberty Energy Company Undersubscribed
- Laxmi Capital Market closing the issue of Laxmi Unnati Kosh mutual fund scheme from today
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
7 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";...
11 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 2020-08-12
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 1,216.76 | 1,218.77 | 1,203.42 | 1,218.02 | 284,965,000 | 3.81 | 0.31 | 1,483.16 | 973.22 |
| Development Bank | 1,791.82 | 1,798.71 | 1,771.91 | 1,781.43 | 120,662,000 | -10.83 | -0.60 | 2,097.34 | 1,512.44 |
| Finance | 669.35 | 669.35 | 662.17 | 664.03 | 43,276,200 | -4.42 | -0.66 | 732.76 | 550.39 |
| Hotels | 1,517.71 | 1,539.08 | 1,497.59 | 1,512.08 | 3,039,260 | 0.74 | 0.05 | 2,154.02 | 1,298.18 |
| HydroPower | 970.09 | 970.72 | 958.52 | 965.74 | 41,408,600 | -3.34 | -0.34 | 1,145.30 | 850.25 |
| Life Insu | 8,631.45 | 8,666.46 | 8,549.75 | 8,616.08 | 112,475,000 | 6.77 | 0.08 | 9,993.55 | 4,814.83 |
| Manufacturing And Processing | 2,740.32 | 2,749.44 | 2,725.81 | 2,746.12 | 37,372,800 | 0.31 | 0.01 | 3,258.40 | 2,105.88 |
| Microfinance | 2,411.67 | 2,415.68 | 2,396.32 | 2,405.58 | 113,177,000 | -6.74 | -0.28 | 2,838.63 | 1,430.02 |
| Mutual | 10.60 | 10.70 | 10.60 | 10.70 | 7,663,960 | 0.09 | 0.88 | 11.07 | 8.95 |
| Non Life Insu | 6,688.52 | 6,765.69 | 6,653.56 | 6,729.29 | 348,314,000 | 39.08 | 0.58 | 7,682.90 | 3,936.49 |
| Others | 822.94 | 822.94 | 813.01 | 814.99 | 76,557,200 | -1.51 | -0.19 | 861.83 | 624.12 |
| Trading | 824.76 | 838.64 | 824.76 | 829.86 | 693,040 | -4.93 | -0.59 | 1,007.63 | 263.59 |
Weekly Analysis
Analysis
NEPSE decline by 4.01%%; Nepal Finance rises by massive 44.44% ; Nepal Reinsurance traded most this week too (Weekly Wrap up)
NEPSE index declined 57.69 points (4.01%) in the trading week between 2nd August to 6th August 2020. This week's market opened at 1439.06 points but closed 1381.37 points on Thursday. 75.6 points volatility was witnessed this week, with the market reaching the highest 1441.26 and the lowest 1365.66. This week's market statistics: Index Open- 1439.06 points Index Close- 1381.37 points Index High- 1441.26 points ...
NEPSE decline by meager 0.25%; Joshi Hydropower rises by massive 55.84% ; Nepal Reinsurance traded most this w...
NEPSE index declined 3.55 points (0.25%) in the trading week between 26th July to 31st July 2020. This week's market opened at 1442.61 points but closed 1439.06 points on Thursday....
Week after monetary policy: NEPSE index made a swing of 161.42 points, turnover rises by 40.77%; What does it...
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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....
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Company Analysis
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Things to know for prospective investors about Right issue of Civil Laghubitta Bittiya Sanstha; 100% right shares opens from today
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Sparsha Laghubitta Q4 profit rises by 84.57%; Earning per share stands at Rs 30.74
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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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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 |
