Festive Relief to Shareholders as RSDC Microfinance Extends Deadline for Its 200% Right Share Application!

RSDC Laghubitta Bittiya Sanstha Ltd. (RSDC), on account of long Dashain as well as Tihar festive occasion, has just extended its ongoing 200% (1:2) right share issue deadline to several days up to 15 days after Tihar, now ending only on Monday November 6th 2017 (Kartik 20th 2074) instead otherwise ending immediately after Tihar on Sunday October 22nd 2017 (Kartik 5th 2074) earlier. There are now about 13 banking days to get 200% RSDC right shares at the face value of just Rs. 100. The microfinance has been issuing 23 lakhs units of right shares worth a total of Rs. 23 crores to its existing shareholders since Monday September 18th 2017 (Ashwin 2nd 2047).

The book closure date for the rights issue was set on Friday September 1st 2017 (Bhadra 16th 2074). Only those shares registered one trading day ahead of the book closure date i.e. till Thursday August 31st 2017 (Bhadra 15th 2074) are eligible to apply for these right shares. RSDC has assigned NIBL Capital Market Ltd. as the issue manager for this right share issue.

The current paid up capital of this company remains at Rs. 11 crores 50 thousands. After this right share issuance, its paid up capital will reach Rs 34 crores 50 thousands. RSDC has an authorized capital of Rs. 34 crores 50 thousands.

All interested applicants can collect the application forms from NIBL Capital Market Ltd, Lazimpat, Kathmandu as well as RSDC microfinance office, Kalikanagar -12, Butawal, Rupandehi. Similarly, one can also apply from the designated branch offices of Nepal Investment Bank, Chaabahil, Kirtipur, Jawalakhel, Kaushaltaar inside the Kathmandu valley and all the branch offices outside the valley, as well as ACE Capital Ltd., Laldarbaar, Kathmandu.

The company's 3rd AGM held earlier this year on Saturday March 25th 2017 (Chaitra 12th 2073) had endorsed 15% bonus share to its existing shareholders from the profits it earned in Fiscal Year (FY) 2072/073 and current issuance of this 200% right shares to its shareholders to increase its paid up capital to Rs. 60 crores by end of next Asadh 2075.

RSDC has earned a net profit of Rs. 1 crore 96 lakhs 87 thousands in the fourth quarter of the FY 2073/074. Its earning per share (EPS) is currently maintained at Rs.17 and 12 paisa. Its last trading price in the market on this wednesday was Rs. 1,330 per share.

Below are LINKS for its Right Eligibility Check, Form Download, Book Closure and Old Deadline as well as NEW EXTENDED DEADLINE Notices:

RIGHT CHECK LINK

FORM DOWNLOAD LINK

BOOK CLOSURE LINK

RIGHT DEADLINE LINK (NEW EXTENDED)

RIGHT DEADLINE LINK (OLD)

Below are LINKS for its FY 2073/74 Financial Report, Company Analysis, Right Share Notice, Abhwanpatra as well as Prospectus and 3rd AGM Report: 

FINANCIAL REPORT LINK

COMPANY ANALYSIS LINK

RIGHT SHARE NOTICE LINK

RIGHT SHARE ABHWANPATRA LINK

3RD AGM REPORT LINK

Check this earlier post too:

आरएसडीसी लघुवित्त (RSDC) को २००% हकप्रद कहिले देखि त? लगानी गर्नु पूर्ब कम्पनि विश्लेषण र बित्तिय प्रतिबेदन एक पटक हेर्ने कि?

No Panic ! 80% Right Shares of Sindhu Bikas Bank (SINDU) Deadline Extended !!

Deadline to apply for 80% (10:8) right share of Sindhu Bikas Bank (SINDU) is just extended to not merely a single day, but several days up to after Tihar, now ending only on Sunday October 22nd 2017. You have now about 11 banking days to get your 80% SINDU right shares at the face value of just Rs. 100. The bank has been issuing 20 lakhs 97 thousands 5 hundred 40 units right shares at the face value of Rs. 100 worth a total of Rs. 20 crores 97 lakhs 54 thousand to its existing shareholders since Sunday September 3rd 2017.

The book closure date was already set for Friday August 25th 2017. Only those shares traded one day ahead of the book closure date i.e. Thursday August 24th, 2017 are eligible for the right shares. For this 80% right share, its adjusted price is Rs. 2 hundred and 22 while its average base price is Rs. 288.

Click the table to enlarge and download in pdf format.

SINDU received on Thursday June 29th 2017 the final approval from the Securities Board of Nepal (SEBON) to issue this right shares. Last year, the development bank had issued 1:1 (100%) right shares worth a total of 12 lakhs 9 thousand 3 hundred and 75 unit right shares to its existing shareholders on Sunday August 7th 2017.

NIBL Capital Markets Ltd. has been assigned as the issue and sales manager for this issue.

Interested shareholders can collect the application forms from NIBL Capital Markets Ltd, Lazimpat, Kathmandu and from the main office of Sindhu Bikas Bank Ltd. and its various branch offices round the country. The application forms can also be collected from Nepal Investment Bank’s Pokhara, Biratnagar, Birgunj, Narayangadh, Butawal, Nepalgunj and Dhangadhi branches.

The bank has published its current paid up capital Rs. 26 croes 21 lakhs 92 thousand and 50 in the fourth quarter (4Q) of the current fiscal year 2073/74. During this period, the bank has collected Rs. 5 crores 82 lakhs and 97 thousands in its reserve and surplus account. The bank successfully earned a net profit of Rs. 2 crores 55 lakhs and 50 thousand as well. It also has maintained its earning per share as Rs. 13 and its net worth per share Rs. 1 hundred 22 and 23 paisa.

From the bank's earning in the previous fiscal year 2073/74, it has distributed its shareholders 16.8% bonus shares and 0.88% cash dividend for tax purpose. After that bonus distribution and this 80% right share issue, its paid up capital will reach Rs. 47.19 crores.

As per Nepal Rashtra Bank (NRB)’s directive for all 1 to 3 district level development banks to increase their paid up capital to a minimum of Rs. 50 crores by the end of FY 2073/74, SINDU will need to issue a further capital hike of around 6%.

Its latest closing price stood at Rs. 1 hundred 84 as of Wednesday October 4th 2017.

Below are LINKS for its Right Eligibility Check, Form Download, Book Closure and Old Deadline as well as NEW EXTENDED DEADLINE Notices:

RIGHT CHECK LINK

FORM DOWNLOAD LINK

BOOK CLOSURE LINK

RIGHT DEADLINE LINK (NEW EXTENDED)

RIGHT DEADLINE LINK (OLD)

Below are LINKS for its FY 2073/74 Financial Report, Company Analysis, Right Share Notice and Abhwanpatra:

FINANCIAL REPORT LINK

COMPANY ANALYSIS LINK

RIGHT SHARE NOTICE LINK

RIGHT SHARE ABHWANPATRA LINK

Check this earlier post too:

After Cent Percent Right Share Issue Last Year, SINDU Floats 80% Right Share This Year Too! Check How's the Company Status!

भार्गव विकास बैंक (BHBL) को १००% हकप्रद सेयर कहिलेसम्म कहाँ, कति र कसरी भर्ने ?

भार्गव विकास बैंकले फागुन २४ देखि १००% हकप्रद सेयर निष्कासन खुला गरी सकेको छ । भार्गवले एक कित्ता बराबर थप अर्को एक कित्ता (१ः१) अनुपातमा प्रतिकित्ता १०० रुपैयाँ दरले १२ लाख कित्ता हकप्रद सेयर बिक्री खुला गरेको हो । हकप्रद सेयर निष्कासनपछि भार्गवको चुक्ता पुँजी २६ करोड ४० लाख रुपैयाँ पुग्नेछ । भागर्वले गत वर्षको नाफाबाट लगानीकर्तालाई २० प्रतिशत बोनस सेयर दिएको छ । 

तर हकप्रद भने बोनसभन्दा अघि कायम चुक्ता पुँजी १२ करोडबाटै दिएको हो । कम्पनीको यो हकप्रद सेयरमा फागुन ११ गते सम्म कायम सेयरधनीले मात्र आवेदन दिन सक्नेछन् । आवेदन दिने अन्तिम दिन चैत्र २८ गते तोकिएको छ । भार्गवको बिक्री प्रबन्धकको जिम्मेवारी एनएमबि क्यापिटलले सम्हाल्दै छ । भार्गव विकास बैंकको केन्द्रीय कार्यालय सुर्खेतरोड तथा यसका अधिकांश शाखा कार्यालयमा गएर आवेदन दिन सकिनेछ । 

यस्तै, एनएमबि क्यापिटल लिमिटेड नागपोखरी काठमाडौं तथा एनएमबि बैंकको अधिकांश शाखा कार्यालयबाट पनि आवेदन दिन सकिनेछ । एनएमबि क्यापिटल लिमिटेड नागपोखरी काठमाडौंबाट भने चेक मात्र बुझिने व्यवस्था गरिएको छ । चालु आर्थिक वर्षको दोस्रो त्रैमाससम्ममा भार्गवको चुक्ता पुँजी १४ करोड ४० लाख रुपैयाँ रहेको छ । भार्गवले यो त्रैमासमा एक करोड ८० लाख ८ हजार रुपैयाँ खुद नाफा कमाएको छ ।

हकप्रद सेयर खरिद दरखास्त फाराम Download Link

हकप्रद सेयर जाच्ने Link

Source: BhargavBikashBank

एनआइसी एसिया (NICA) को १५% हकप्रद सेयर कहिलेसम्म कहाँ, कति र कसरी भर्ने ?

एनआइसी एसिया बैंकले चैत १६ गतेदेखि १५% हकप्रद सेयर निष्कासन खुला गरी सकेको छ । एनआइसीको यो हकप्रद सेयर वैशाख १९ गतेसम्म भर्न पाइनेछ । एनआइसीले १०० कित्ता बराबर १५ कित्ता अनुपातमा प्रतिकित्ता १०० रुपैयाँ दरले ८७ लाख २९ हजार ४७५ कित्ता हकप्रद सेयर बिक्री खुला गरेको हो । हकप्रद सेयर निष्कासनपछि एनआइसीको चुक्ता पुँजी ६ अर्ब ६९ करोड २५ लाख ९७ हजार ४९८ रुपैयाा पुग्नेछ । नेपाल राष्ट्र बैंकले तोकेको चुक्ता पुँजी आठ अर्ब रुपैयाँ पुर्याउने क्रममा एनआइसीले फेरि १५% हकप्रद दिनु परेको हो । कम्पनीको यो हकप्रद सेयर चैत ६ गतेसम्म कायम सेयरधनीले मात्र आवेदन दिन सक्नेछन् ।

हकप्रदका लागि बैकले चैत ७ गतेदेखि सेयरधनी दर्ता किताब बन्द गरी सकेको छ । हकप्रद सेयरमा सिभिल क्यापिटल मार्केट लिमिटेड कमलादी काठमाडौं तथा एनआइसी एसिया बैंकको मुख्य कार्यालय थापाथली काठमाडौंसहित अधिकांश शाखा कार्यालयबाट आवेदन दिन सकिनेछ । एनआइसीको बिक्री प्रबन्धकमा सिभिल क्यापिटल मार्केट लिमिटेड रहेको छ । हाल बैंकको चुक्ता पुँजी पाँच अर्ब ८१ करोड ९६ लाख ४९ हजार ९९८ रुपैयाँ छ । चालु आर्थिक वर्षको दोस्रो त्रैमासमा बैंकले ७२ करोड १४ लाख चार हजार रुपैयाँ खुद नाफा कमाएको छ । प्रतिसेयर आम्दानी २४ रुपैयाँ ८० पैसा रहेको एनआईसीको प्रतिसेयर नेटवर्थ भने १४५ रुपैयाँ ५० पैसा छ ।

Right Share Application Form Download Link

Right Share Issue Check Link

Source: NICAsiaBank

A Case for Share Auction : Why to Choose?

Initial public offerings (IPO), right shares, bonus shares and buying shares in the secondary market are quite prevalent in the Nepalese market. But a majority of general investors who invest aren’t aware of another kind of investment vehicle- SHARE AUCTION. Hence, only seasoned investors who keep track of these anomalies gain from investing in this novel approach.

What is a share Auction?

There are two instances when institutions undertake auctions.

• Offloading the institution’s current holdings

1. This type of auction happens when institutions have shares of other institutions and want to sell these shares for profit booking or for compliance issues.

Example: To comply with the central bank’s directive that all BFIs give up cross holdings in other BFIs, Rastriya Banijya Bank Limited had called a tender to divest 56.52 lakh units of promoter shares of Nepal Investment Bank Limited and 1.96 lakh units of promoter shares of Nepal Awas Finance Limited.

• Auction of the unsubscribed right shares

1. When institutions need to inject additional capital, they issue right shares which can only be applied by the existing shareholders of that company. Disinterest of the current shareholders, unavailability of funds or unawareness of the current shareholders about the right issuance might lead to a fraction these shares being unclaimed. The shares that aren’t subscribed (unclaimed) for are then called for auction to the regular investors/public (who may or may not be the institutions current shareholders).

Example: Life Insurance Corporation (Nepal) Ltd. recently issued 1,012,500 right shares of which 35,468 units were unclaimed by its “current” shareholders which were then called for auction to the general public.

HOW can I apply?

Applying to unclaimed shares is quite similar to applying for IPOs.

• Get the forms from institution undertaking the auction, usually an Issue Manager.
• Fill the forms and deposit the entire amount equivalent to the applied shares in the bank or submit a good for payment check.
• Usually auctions only open for a short period and after which the unclaimed shares are allotted to the highest bidders. Auction of right shares follows the regular bidding process; whoever bids the highest price gets the shares he/she has applied for. In case, two or more bidders applied for the shares at an equal rate then they are allocated shares proportionate to their applied shares. The bidders who weren’t allotted any shares are refunded their entire amount.

WHY should I apply?

Applying for auctions can have a few advantages.

• Funds are only frozen for a few days (roughly 15 days) as opposed to 120 days in IPOs.
• These shares are listed in a few weeks (depends on the Issue Manager) and can be traded allowing for quicker turnover of funds. This period is significantly shorter than IPO’s.
• Since the investor is purchasing shares directly from the institution, they don’t have to pay broker and Security Board Nepal (SEBON) commission.
• In our market acquiring big blocks of certain shares is difficult ; but share auctions give investors an opportunity to acquire these shares in huge chunks.

Source: Nepal Stock

NLIC Financial State - FPO Applications for Shares Min. 10 to Max 30,960 Units.

Nepal Life Insurance Co. Ltd. (NLIC) is going to issue 30,96,429 units ordinary shares by Further Public Offering (FPO) at premium price of Rs. 1425 from 2073-09-27 (January 11, 2017).

NLIC has got the final approval from Securities Board of Nepal (SEBON) to float its FPO on 2073-09-14 (December 29, 2016) after it had amended its FPO price previously set at Rs. 2,951. The issue manager is assigned to Siddhartha Capital Ltd for it.

Read more: NLIC Financial State - FPO Applications for Shares Min. 10 to Max 30,960 Units.

Source: epaper

बिहीबार राष्ट्र बैंकबाट बोनस बितरणको स्वीकृति पाउने वित्तीय संस्था कुन् कुन् हुन् ?

नेपाल राष्टर बैंकले बिहीबार एक साथ २ बैंक तथा वित्तीय संस्थाको बोनस स्वीकृत गरेको छ । राष्ट्र बैंकले बिराटलक्ष्मी विकास बैंक (BLDBL) र विजय लघुवित्त (VLBS) को प्रस्तावित बोनस तथा लाभांसलाई स्वीकृति दिएको हो । दुवै संस्थाले अब साधारण सभाको मिति निर्धारण गरी राष्ट्र बैंकबाट स्वीकृत लाभांस प्रस्ताव पारित गराउने छन् ।

Read more: बिहीबार राष्ट्र बैंकबाट बोनस बितरणको स्वीकृति पाउने वित्तीय संस्था कुन् कुन् हुन् ?

Source: merolagani

ङादी पावरले १० बराबर ३ को अनुपातमा हकप्रद दिने ।

काठमाडौं, कात्तिक ३ । ङादी ग्रुप पावर लिमिटेड (Ngadi Group Power ltd) ले लगानीकर्तालाई १० बराबर ३ को अनुपातमा अर्थात ३० प्रतिशत हकप्रद शेयर दिने भएको छ । कम्पनीको कात्तिक २९ मा बस्ने तेस्रो साधारणसभाले आफ्ना लगानीकर्तालाई उक्त अनुपातमा हकप्रद र कर प्रयोजनका लागि ५ प्रतिशत नगद लाभांश दिने प्रस्ताव पारित गर्ने भएको छ ।

Read more: ङादी पावरले १० बराबर ३ को अनुपातमा हकप्रद दिने ।

Source: aarthiknews