Wednesday, October 22, 2014

1st Quarter Report of Srijana Finance

Kathmandu, Oct 21


Shrijana Finance Limited has posted net profit of Rs 10.23 million during the 1st quarter of the fiscal year 2071/72.

NMB Capital is refunding cash to investors of NMB Sulav Investment Fund I

Kathmandu, Oct 21

NMB Bank Limited has allotted 60 million units of Rs 10 face value each mutual fund scheme worth Rs 600 million (NMB Sulav Investment Fund-1) on 3rd Kartik, 2071 and refunding money to the non-allotted investors.

Tuesday, October 21, 2014

IPO allotment of NMB Sulav Investment Fund I

Kathmandu, Oct 21

NMB Bank Limited has allotted 60 million units of Rs 10 face value each mutual fund scheme worth Rs 600 million (NMB Sulav Investment Fund-1) on 3rd Kartik, 2071 and refunding money to the non-allottee investors

NMB Capital has allotted 100 percent to those who applied up to 5,000 units and 26.10 percent for those who applied more.

The mutual fund, which was closed on Ashoj 6, originally offered 60 million units, but following a high number of applications for the mutual fund units priced at Rs 10, the fund manager allotted units worth Rs 750 million as allowed by the Mutual Fund Regulations 2067.

As per the official of NMB Capital, they have invested one percent worth Rs 75 lakhs and NMB bank --Fund sponsor of this mutual fund-- has invested 14 percent worth Rs 10 crore 50 lakh while rest of the 85 percent was allotted to general public.


Click here for allotment result

Saturday, October 18, 2014

4th Quarter Report of Everest Insurance

Kathmandu, Oct 17

Everest Insurance Company Limited has posted net profit of Rs.59.39 million and published its 4th quarter company analysis of the fiscal year 2070/71.

Arun Kabeli Hydro Power 4th AGM to be held on 22 Kartik 2071

Kathmandu, Oct 18

Arun Kabeli Power Limited has announced its 4th AGM going to be held on 22 Kartik, 2071.