Fourth Quarter Reports

Financial reports of fourth quarter are published one by one simultaneously from each financial institutions. For the latest datas please visit "4th Quarter Reports"
Most of them have shown higher profits than the corresponding previous year same quarter earnings. The enthusiasm shown by investors into financial institutions are helping these companies to grow higher capital and invest in different sectors of development.

Dr. Ram Baran Yadav, has be elected the First President of Nepal surprising the maoist.

New IPOs coming in line.

Following are the new IPOs being issued whose base price is Rs 100.

Kaski finance is issuing 40% of total capital to general public and its staffs which is 200,000 shares from 13th Asad 2065 to 18th Asad 2065. The paid up Capital will be Rs 5 Crore in total.

Lord Buddha Financial Institution is issuing its IPO from 15th Asad 2065 upto 19th Asad 2065. It is issuing for 250,000 shares for general public and its staffs. The paid up capital will be Rs 10 crore

Subhechha Bikash Bank Ltd. is issuing 120000 shares amounting to Rs. 12 million from 25th June, 2008 to 30th June, 2008 (2065 Ashad 11 to 2065 Ashad 16). The issue will be managed by ACE development bank ltd. Subhechha commenced its operation from 26th september 2004 and is located in Narayangadh, Chitwan. The bank has authorized capital of Rs. 200 million and issue capital of Rs. 40 million

Clean energy development bank and Shikhar Bittiya Sansthan has already issued their IPOs recently.

Shares to flood capital market

Do you want to save? Buying shares, generally IPOs(Initial Public Offerings) which in capital market is also known as Immediate Profit Oppotunity, is currently the best way to invest your hard earned money. There are some 10 financial companies, one commercial bank, four development banks and five finance companies on the pipeline to float pubic shares worth about half-a-billion rupees. Among them, the Securities Board of Nepal (Sebon) has already given green signal to eight, three development banks and five finance companies to float initial public offering (IPO). "We are studying the applications of Global Bank and Pashupati Development Bank," said Binaya Dev Acharya, deputy director at the Corporate Finance Division of Sebon. Global Bank has assigned NIDC Capital markets Ltd as its issue manager. Apart from these ten financial institutions, two more commercial banks are also preparing to float Rs 300 million worth shares to public, each. Prime Commercial Bank has already assigned Citizen Investment Trust as its sales and issue manager and the Bank of Asia has picked Nepal Merchant Banking and Finance Company as issue manager. According to the new regulation of Nepal Rastra Bank, the financial companies must issue 30 per cent minimum shares to the public. Lately, the central bank has also fixed the paid up capital for the finance companies (at Rs 200 million), development banks (Rs 640 million) and commercial banks (Rs 2 billion). The central bank's regulation requires already established financial companies to increase their paid up capital by the end of fiscal year 2012-13. However, the financial institutions are floating the shares according to the current structure of their paid up capital. The financial institutions play a dominent role in our capital market as it has more than 80 per cent weightage in the total listed companies. New IPOs, Global Bank is floating 30,00,000-unit worth 300 million rupees, Pashupati Development Bank is floating 8,00,000 -unit of shares worth Rs 8,00,000,00, Subekchhkya Development Bank is floating 1,20,000-unit shares worth Rs 1,20,00,000, Triveni Development Bank is floating 1,50,000-unit shares worth Rs 1,50,000,00, Clean Energy Development Bank is floating 9,60,000-unit shares worth Rs 9,60,000,00. Among Finance companies, Kaski Finance Company is floating 2,00,000-unit of shares worth Rs 2,00,000,00, Shikhar Finance Company is floating 2,00,000-unit of shares worth Rs 2,00,000,00, Sagarmatha Merchant Banking and Finance is floating 2,00,000-unit shares worth Rs 2,00,000,00, Reliable Investment Finance Company is floating 2,47,500-unit shares worth Rs 2,47,500,00 and Lord Buddha Finance Company is floating 2,25,000-unit shares worth Rs 2,25,000,00