Kathmandu, August 10, 2023 – The Nepal Securities Board has granted licenses to 17 distinguished companies, ushesafring in a significant transformation in the financial sector. These licenses authorize the selected companies to operate as authorized securities brokers and traders, effectively broadening the scope of Nepal’s investment landscape. The pivotal announcement was unveiled through an official press release dated 2080/04/21 BS. This decision marks a crucial milestone for the companies involved and the overall economic ecosystem. Among the newly licensed entities, Nabil Securities Limi ..read more

Nepal has an open and transparent import regime, governed by the Ministry of Industry, Commerce, and Supplies, along with the Department of Customs under the Ministry of Finance. Whether you are a seasoned importer or new to the process, this guide will cover all the essential aspects of importing to Nepal. In this blog post, we will provide you with a comprehensive guide to importing goods into Nepal, Rules and regulations for Imports, List of prohibited Items, Import payments, Import procedure etc. Rules and Regulations for Imports: Nepal allows imports without requiring licenses for most it ..read more

Star Hospital has appointed Muktinath Capital as its issue manager to oversee the issuance of 40-lakh unit ordinary shares to the public. This strategic decision holds the promise of not only strengthening the hospital’s financial standing but also revolutionizing healthcare delivery in the region. A Memorandum of Understanding (MoU) Sets the Stage The formalization of this appointment took place through the signing of a Memorandum of Understanding (MoU) between Mr. Kabindra Dhoj Joshi, the CEO of Muktinath Capital, and Mr. Kishor Kumar Maharjan, the Executive Chairman of Star Hospital. This p ..read more

Bhujung Hydropower, founded in 2015, is a company focused on hydropower development. They are currently working on the Upper Midim Hydropower Project (UMHPP) with a capacity of 7.5 MW. UMHPP is situated in the Lampung district of Nepal. The estimated project cost is NRS 1.46 billion. They have a Power Purchase Agreement (PPA) with Nepal Electricity Authority (NEA), targeting a commercial operation date (RCOD) of July 21, 2021. The company obtained a generation license on September 11, 2020, valid for 35 years. About Bhujung Hydropower Company Limited’s IPO Bhujung Hydropower Company Limited is ..read more

  Barun Hydropower Limited (BARUN) is planning to sell right shares in a 1:1 ratio to its shareholders, subject to approval from the Securities Board Of Nepal (SEBON). This move is part of the company’s effort to raise capital. Key Points On Barun Hydropower Right Share Barun Hydropower Limited (BARUN) is seeking permission from the Securities Board Of Nepal (SEBON) to sell right shares to its shareholders. The company has already received permission from the Electricity Regulatory Commission for this purpose. BARUN plans to float right shares in a 1:1 ratio, allowing shareholders with 1 ..read more

Ankhu Khola Jalbidhyut Company Limited (AKJCL) plans to issue right shares in a 1:1.5 ratio after receiving approval from the Securities Board Of Nepal (SEBON). This move aims to raise funds for the 20 MW Ankhu Khola-2 Hydroelectric Project and will increase the company’s paid-up capital from Rs. 80 crores to Rs. 200 crores. Key Points On AKJCL Right Share Ankhu Khola Jalbidhyut Company Limited (AKJCL) intends to sell right shares to its shareholders and has submitted an application to the Securities Board Of Nepal (SEBON) on Bhadra 21, 2080 BS. The Electricity Regulatory Commission has alrea ..read more

Ngadi Group Power Limited (NGPL) is gearing up to offer right shares in a 1:1 ratio. This means that if you hold 100 shares, you can now apply for an additional 100 shares. The company recently submitted an application to the Securities Board Of Nepal (SEBON) on Bhadra 21, 2080 BS, seeking approval for this right share offering. Once SEBON grants its permission, the company will be able to make these shares available to the public. Notably, the Electricity Regulatory Commission has already given its green light to this venture, underlining the company’s commitment to expanding its reach. To ov ..read more

Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) is set to take its next financial step by issuing a Follow-On Public Offering (FPO). The company has officially submitted its application to the Securities Board of Nepal (SEBON) on Bhadra 18, 2080 BS. The FPO, however, depends on SEBON’s approval before shares can be made available to the public. SWMF Offering FPO Plan Details SWMF plans to offer 46,729.545 shares through the FPO. Each share carries a par value of Rs. 100. The total FPO value amounts to Rs. 46.73 lakhs. Issue Manager The official issue and sales manager for the FPO is ..read more

Banks are important institutions that help people and businesses with their financial needs. They provide services such as saving, lending, investing, and transferring money. In Nepal, there are many banks that offer different kinds of services to their customers. However, in recent years, some banks have decided to join together or take over other banks. This is called merger and acquisition (M&A). M&A is a process where two or more banks become one bank, or one bank buys another bank. The main reason for doing M&A is to make the banks stronger, bigger, and more competitive. The N ..read more

Sagar Distillery Limited is a popular name in the liquor business in Nepal. It was founded in 2014 and has been producing and selling various brands of vodka and whiskey in Nepal. Its famous brands are Royal Blue, Grey Wolf, Berries and Blue. The company has a state-of-the-art manufacturing unit in Devchuli, Nawalpur, and follows strict quality standards and hygiene protocols. The company has a loyal customer base and a robust nationwide distribution network. IPO Details  The company has decided to go public and offer some of its shares through an IPO. Anyone interested can apply and ..read more