- Sindhupalchowk based Shiva Shree Hydropower allotted to the valid applicants; 77% unsubscribed shares to be issued along with the issue for general public
- Global IME Bank to issue “10.25% Global IME Bank Debenture 2080/81” worth Rs 1.5 arba from Falgun 15; Applications can be placed for minimum 25 units
- Sanima Equity fund NAV decline slightly in Magh; has 60% funds in bank account
- Himalayan Distillery and Muktinath Bikas Bank is distributing dividend approved by their AGM
- Saudi prince starts Asia tour with deals to invest $20 bn in Pakistan
- President Bidya Devi Bhandari has extended 69th National Democracy Day Greetings
- Development and prosperity wish of Nepalis: PM
- Womi Microfinance to issue 100% right shares; SGM endorses the decision
- Samsara Remit signs MoU of remittance service with Qatar based National Exchange having 5 branches; more than 5600 subagents inside Nepal to deliver the remittance money
- IPO of Shivam Cement receives more than 4,500 applicants from the general category; applicants applied for almost 6 Lakh units
Featured
Nepal’s depreciating share market: causes and way forward
Advocate Udayan Regmi Founding Partner Associate Hub Nepalese, and especially the urban dwellers, have always demonstrated interest in the share market. Recently the market is demonstra...
Exclusive News
Commercial banks, their personnel expenses and it's comparative impact in Total operating income; Banks with Government stake seem inefficient in util...
All the listed commercial banks have published their unaudited balance sheet for the second quarter of FY 2075/76. Everyone has already seen their net profit, earnings per share and other financial indicators, however in case of banks it is equally important to look at their investment in Human Resource and their proper utilization. Nepal Rastra Bank (NRB), the central bank of Nepal, has mandated that the commercial banks need to spend at least 3% of personnel expenses on training and development of the employees. According to the latest reports, banks with government stakes seems to have higher personnel expenses than the private banks. Th...
Nepal’s depreciating share market: causes and way forward
Advocate Udayan Regmi Founding Partner Associate Hub Nepalese, and especially the urban dwellers, have always demonstrated interest in the share market. Recently the...
Is Shivam Cement still an expensive proposition? Analyze the updated facts and figures before invest...
The IPO of Shivam Cement Limited (SHCL) can very well be termed as the most awaited IPO in the stock market from real sector companies. It was converted into a Public Limited compa...
Merchant Banks of Nepal: Things to know
The definition of Merchant Banker varies depending on the nature and multitude of services it provides. In case of Nepal, the governing regulation {Securities Businessperson (Merch...
How are the finance companies in your investment portfolio performing? A review of second quarter! I...
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Announcement
- 2019-02-19 Global IME Bank Limited has published an offer letter to issue (6,00,000 units @ Rs.1000 per unit) "10.25% Global IME Bank Limited Debenture 2080/81 " to the general public from (15th to 19th Falgun, 2075).
- 2019-02-19 Shiva Shree Hydropower Limited has allotted its 3,39,860 units IPO shares the project affected local residents of Sindhupalchowk District on 6th Falgun, 2075.
- 2019-02-19 Sanima Capital Limited has published “Sanima Equity Fund” Net Asset Value (NAV) till Magh, 2075.
- 2019-02-19 Himalayan Distillery Limited is distributing Rs 21.05 per cash dividend directly to bank accounts of its shareholders and urged its shareholders to dematerialize their shares.
- 2019-02-19 Sahara Bikash Bank Limited is distributing 1:2.5 ratio right share directly to DEMAT accounts and urged its shareholders to dematerialize their shares.
- 2019-02-19 Muktinath Bikas Bank Limited is distributing 18.25% bonus share directly to DEMAT accounts and urged its shareholders to dematerialize their shares.
- 2019-02-19 Nepal Investment Bank Limited has published a notice regarding new interest rate and its effective from 7th Falgun, 2075.
- 2019-02-19 Kumari Bank Limited has published a notice regarding new interest rate and its effective from 7th Falgun, 2075.
- 2019-02-19 Sanima Bank Limited has published a notice regarding new interest rate and its effective from 7th Falgun, 2075.
- 2019-02-18 Panchthar Power Company Limited has published an offer letter to issue 17,50,250 units IPO shares to the general public from (13th to 16th Falgun, 2075).
Investment/Existing Issues
| S.No | Company Name | Units | Opening Date | Closing Date | Status | View |
|---|---|---|---|---|---|---|
| 1 | Panchthar Power Company Limited | 1,750,250 | 2019-02-25 | 2019-02-28 | Coming Soon | |
| 2 | Sparsha Laghubitta Bittiya Sanstha Limited | 269,630 | Coming Soon | Coming Soon | Coming Soon | |
| 3 | Union Hydropower Limited | 3,534,340 | Coming Soon | Coming Soon | Coming Soon | |
| 4 | Mountain Hydro Nepal Limited | 1,816,110 | Coming Soon | Coming Soon | Coming Soon | |
| 5 | Shivam Cement Limited | 4,120,000 | 2019-02-18 | 2019-02-21 | Open |
Dividend, Bonus & Rights
- Womi Microfinance to issue 100% right shares; SGM endorses the decision
- Himalayan Distillery and Muktinath Bikas Bank is distributing dividend approved by their AGM
- SEBON adds right shares of Ngadi Group Power and Grameen Bikas Laghubitta to its pipeline; companies proposed to issue 30% and 50% rights respectively
- BONUS ISSUE: AN ILLUSION
- 13th AGM of Excel Development Bank to be held on 11th Chaitra; endorsement of cash dividend and right share issue among other agendas
- Civil Bank proposes 4.05% cash dividend; AGM of previous two FY is due
- Another Right share in the horizon; ICRA Nepal rates Rs 29.70 crore worth right shares of Gurans Life Insurance with below-average fundamentals
- United Insurance to convene Special General Meeting to endorse 240% right shares; paid up capital to stand at Rs.1.02 Arba after adjustment of rights
- Asian Life Insurance gets approval from SEBON to issue 60% right shares; company to float more than 75 Lakh units soon
- Nepal Insurance issuing 65% right shares from Falgun 21; Shareholders holding shares till Magh 24 eligible to apply
IPO News
- Sindhupalchowk based Shiva Shree Hydropower allotted to the valid applicants; 77% unsubscribed shares to be issued along with the issue for general public
- IPO of Shivam Cement receives more than 4,500 applicants from the general category; applicants applied for almost 6 Lakh units
- More than 1 Lakh applicants apply for Universal Power’s IPO; a little over 4 Lakh units still unsubscribed
- Panchthar Power Company invites general public to apply for a stake in the company from 13th Falgun; total of 1.75 Million units offered
- Shivam Cement to issue IPO at premium to locals of Makawanpur district and general public from today
- SEBON adds IPO issue of two microfinance companies to its pipeline; total of 8.35 Lakh units await approval for issue
- IPO of Panchathar Power Company allotted to the valid applicants; 81.84% unsubscribed shares to be issued along with the issue for general public
- NEPSE has listed IPO of Ghalemdi Hydro; First transaction range set as Rs.100 to Rs.300 for trading
- IPO of Mountain Hydro Nepal gets final approval from SEBON to issues 18.16 lakh units share to general public
- Sparsha Laghubitta to float 2.69 lakh unit shares of IPO soon; SEBON provides final approval
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 month 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...
1 month 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...
1 month 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...
1 month 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...
2 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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Upcoming Issue
| S.No | Company Name | Units | Sector | Remark |
|---|---|---|---|---|
| 1 | Nepal Agro Microfinance Bittiya Sanstha Limited | 161,778 | Microfinance | |
| 2 | Infinity Laghubitta Bittiya Sanstha Limited | 674,000 | Microfinance | |
| 3 | Janasewi Laghubitta Bittiya Sanstha Limited | 463,300 | Microfinance | |
| 4 | Himal Dolakha Hydropower Company Limited | 7,800,000 | Non Category | (For Local People : 16,00,000 kitta For General Public : 62,00,000 kitta ) |
| 5 | Gurans Laghubitta Bittiya Sanstha Limited | 250,000 | Microfinance |
Sub Indices
As of 2019-02-18
| Sub-Indices | Open | High | Low | Close | Turnover | Point | % Change | 52 Week High | 52 Week Low |
|---|---|---|---|---|---|---|---|---|---|
| Banking Sub | 953.12 | 953.32 | 944.94 | 945.97 | 118,075,000 | -8.31 | -0.87 | 1,270.58 | 944.94 |
| Development Bank | 1,420.19 | 1,422.78 | 1,406.54 | 1,409.47 | 38,886,100 | -11.25 | -0.79 | 1,714.20 | 1,372.56 |
| Finance | 591.51 | 591.51 | 590.73 | 591.42 | 24,358,400 | -0.36 | -0.06 | 722.78 | 586.92 |
| Hotels | 1,713.43 | 1,721.23 | 1,695.22 | 1,706.30 | 576,933 | 9.49 | 0.56 | 2,154.47 | 1,663.00 |
| HydroPower | 1,118.89 | 1,121.86 | 1,108.56 | 1,111.85 | 21,646,000 | -12.53 | -1.11 | 1,830.40 | 1,108.56 |
| Life Insu | 5,524.17 | 5,544.77 | 5,485.44 | 5,509.11 | 14,671,300 | -19.08 | -0.35 | 6,456.18 | 4,923.90 |
| Manufacturing And Processing | 1,994.02 | 1,994.02 | 1,974.09 | 1,988.20 | 279,710 | 0.23 | 0.01 | 2,485.35 | 0.00 |
| Microfinance | 1,388.13 | 1,388.13 | 1,376.63 | 1,380.32 | 16,540,000 | -6.74 | -0.49 | 1,847.80 | 1,225.35 |
| Non Life Insu | 5,302.37 | 5,302.37 | 5,263.96 | 5,283.63 | 27,757,500 | -12.88 | -0.24 | 6,201.18 | 4,855.54 |
| Others | 705.43 | 706.88 | 693.56 | 693.62 | 6,506,450 | -9.64 | -1.37 | 804.59 | 655.84 |
| Trading | 244.61 | 244.61 | 242.50 | 242.50 | 243,250 | -4.73 | -1.91 | 259.10 | 0.00 |
Company Analysis
Analysis
Is Shivam Cement still an expensive proposition? Analyze the updated facts and figures before investing
The IPO of Shivam Cement Limited (SHCL) can very well be termed as the most awaited IPO in the stock market from real sector companies. It was converted into a Public Limited company in the year 2015 and now in 2019 the general public have been invited to apply for a stake in the company. Being the only company of its kind to be listed on the stock market, Shivam Cement has a huge opportunity to take the market by storm but it is not free of threats as well. This IPO is expected to set an example for other similar companies and encourage them...
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Credit Rating
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | GLICL | Gurans Life Insurance Company Limited | Rights Issue (Equity) | NPR 297 million | [ICRANP] IPO Grade 4 (Assigned) | 2019-02-15 |
| 2 | NIB | Nepal Investment Bank Limited | Subordinated Debenture Programme (fresh) | NPR 2,000 Million | [ICRANP] LA+ (Assigned) | 2019-02-12 |
| 3 | NIB | Nepal Investment Bank Limited | Subordinated Debenture Programme (existing) | NPR 750 Million | [ICRANP] LA+ (Reaffirmed) | 2019-02-12 |
| 4 | NIB | Nepal Investment Bank Limited | Issuer Rating | NA | [ICRANP-IR] A+ (Reaffirmed) | 2019-02-12 |
| 5 | API | Api Power Company Limited | Rights issue (equity) | NPR 2,268 million | [ICRANP] IPO Grade 4 (Assigned) | 2019-02-10 |
| S.No | Symbol | Company Name | Product | Offering | Grade | Published Date |
|---|---|---|---|---|---|---|
| 1 | NICA | NIC Asia Bank Limited | Subordinated Debenture “10% NIC Asia Debenture 2085/86” | NPR 4,000 Million | CARE-NP A [Single A] (Assigned) | 2019-01-31 |
| 2 | NICA | NIC Asia Bank Limited | Subordinated Debenture “11% NIC Asia Debenture 2082/83” | NPR 1,830 million | CARE-NP A [Single A] (Reaffirmed) | 2019-01-31 |
| 3 | NICA | NIC Asia Bank Limited | Issuer Rating | NA | CARE-NP A (Is) [Single A (Issuer)] (Reaffirmed) | 2019-01-31 |
| 4 | GMBSL | Ganapati Microfinance Bittiya Sanstha Limited | Initial Public issue | 33.50 Million | CARE-NP IPO Grade 4 [IPO Grade Four] (Assigned) | 2019-01-20 |
| 5 | NGPL | Ngadi Group Power Limited | Right Share Issue | Rs. 160.6664 Million | CARE-NP IPO Grade 3 [IPO Grade Three] ( Assigned) | 2019-01-08 |
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 |
