Posts

Showing posts from August, 2022

Best Finance Company Limited ( BFC )

Image
  Best Finance Company Ltd. was established by a group of enthusiastic, entrepreneurs and dynamic Non-Resident Nepalese (NRNs) Businessmen. The Finance was incorporated under Company Act on 2052/03/08 and acquired license from Nepal Rastra Bank to perform financial transactions. The Finance started its formal operations on 2052/10/18 from Chabahil, Kathmandu. It has been promoted primarily to cater to the financial needs of small and medium enterprises. As per the decision of AGM of the institution and approval from Office of the Company Registrar on 2074/05/21 the name ‘General Finance Ltd’ was changed into ‘Best Finance Company Ltd’ and started its operations on 2074/06/24 with the name of Best Finance Company Ltd. Currently the finance has 15 branches. Vison “To provide best financial services to every citizen for their economic growth” Mission “Heading towards providing best financial services to every citizen by expanding footprints across the country, extending supe...

Bishal Bazar Company Limited ( BBC )

Image
  Introduction Vishal Bazaar Company Limited was registered under the Companies Act, 2063 (the then Companies Act, 2021) in the Department of Commerce on 14/04/2026 and in the Department of Industry on 27/04/2026 and has been operating since the year 2026. Its registered office is in Kathmandu Metropolitan City Ward No. 24 Sukrapath, Kathmandu. The foundation stone of Vishal Bazar Bhavan was laid on   May 29, 2026. When the then King Mahendra saw large departmental stores while traveling abroad, he ordered a huge market to be established in Nepal in a modern building to facilitate shopping and increase commercial activity. In 2026, Prime Minister Surya Bahadur Thapa, Rajdarbar Secretary Indramani Rajbhandari and businessman Juddha Bahadur Shrestha expressed their desire to establish a well-organized market. Since the private sector did not have the capacity and willingness to invest in it at that time, some government institutions were also made to invest. At the time of...

Barun Hydropower Company Limited ( BARUN )

Image
  Barun Hydropower Company Ltd. (Earlier Barun Hydropower Development Company Ltd) is a limited liability company registered under the Company Act 2063 with an Authorized Share Capital of Rs 60 Crores. It has a paid up 26.79 crore. The company was established in 2060/10/06 (Reg. No. 2065/9/26) with a mission to develop, own and operate hydroelectric project and converted into public limited in 2066 The company has in operation of 4.5 MW hydroelectricity project known as "Hewakhola Hydropower Project" at Sankhuwashava district. Vision of the Company “Brighten the nation by maximum utilization of water resources and bring prosperity to people through hydropower development” Mission of the Company “To identify different size of hydropower projects in Nepal, study, develop them and construct projects through peoples’ participation; generate, operate and own the projects and sharing benefits with people” is the mission of the company. Date of Incorporation of Company...

Api Power Company Pvt. Ltd (API)

Image
  Api Power Company Pvt. Ltd Api Power Company Pvt. Ltd was established in 5th Ashad, 2060 (19th June 2003) under "The Company Act, 2053". The company was converted into a Public Limited company on B.S. 6th Shrawan 2070 (21st July 2013). The main objective of the company is to generate electricity through utilization of water and renewable resources abundantly available in the country in solving our everlasting energy crisis. The company has its Corporate Office located at 4th Floor, Trade Tower Nepal, Thapathali, Kathmandu. Api Power Company Limited is one of the leading Companies in Nepal's Power Sector with Power Generation and Supply to National Grid as its core business. Company is registered with Securities Board of Nepal and the Shares of the Company 'API' are listed in Nepal Stock Exchange and is freely traded in the market. Api Power Company Limited is committed to operational excellence and believes in good governance, corporate citizenship and cre...

Arun Kabeli Power Limited ( AKPL )

Image
      After the completion of Piluwakhola Hydropower Project in 2001, Arun Valley Hydropower Development Company Limited started feasibility study of Ridi Hydropower project (2400 kW) in Gulmi district and established a company named Ridi Hydropower Development Company Limited to develop the project. After that Arun Valley Hydropower Development Company Limited started feasibility study of Kabeli B1 project on Kabeli River. It is located in between Panchthar and Taplejung district of Mechi Zone in Eastern Development Region of Nepal. To develop this project, Arun Valley Hydropower Development Company Limited established one company named Arun Kabeli Power Limited on 7th January, 2011 as a subsidiary company. The company has signed a connection agreement with Nepal Electricity Authority (NEA), Grid Department on 29th May, 2012 for the power evacuation from this project and signed Power Purchase Agreement (PPA) with NEA on 13th July, 2012. According to PPA, power purc...

Ankhukhola Hydropower Company Limited ( AKJCL )

Image
  INTRODUCTION Site is located in Dhading District close to 132 km from Kathmandu; Ankhu Khola is one of the major tributaries of Budhi Gandaki Nadi. The catchments area of Ankhu Khola is about 633 km2. The mean annual flow is estimated to be 58.38 cumecs. A design discharge of 34.5 cumecs having a probability of more than 40% has been considered. BASIN CHARACTERISTICS Site of the project is located at 28000’00”, to 28000’57”, N in and 84054’00” to 84055’32″Eto 84055’32″E latitude and longitude respectively. Proposed Intake structure has been impartially located at 70m downstream from existing Ankhu Khola Suspension Bridge. At Rigna bazaar,the power house has been proposed at right bank of the river at Sisneri khet. The proposed project shall generate average annual energy of 46.408 GWh. Transmission of the generated power will be connect through 12 km long KV transmission line to NEA Substation at Dhading Besi. BACKGROUND The contract is made between Ankhu Khola Hydrop...

Arun Valley Hydropower Development Company Limited ( AHPC )

Image
  COMPANY BACKGROUND Hydropower Development Policy 1991, Electricity Act 1993 and Electricity by laws 1993 have opened avenues for private sector investment in hydroelectric project development in Nepal. Although, it was new to Nepalese investors, efforts had been made by a group of individuals to build and operate Piluwa Khola Hydropower Project in Sankhuwasabha district, Eastern Development Region of Nepal. Piluwa Khola Hydropower Project of 800 KW, at first was identified by the government of Nepal under small project under the study of JICA (Japanese International Fund). A company named Arun Valley Hydropower Development Company Pvt. Ltd. was established on 12th March, 1998 under the Company Act of Nepal. It has registered with VAT no: 500103814 in Inland Revenue Department. The detailed feasibility study including environmental study of the project has been carried out by Nepalese engineers in 1998. Optimization study has finalized the size of the project into 3000 KW. U...

Agricultural Development Bank Limited ( ADBL )

Image
  Overview With the main objective of providing institutional credit for enhancing the production and productivity of the agricultural sector in the country, the Agricultural Development Bank, Nepal was established in 1968 under the ADBN Act 1967, as successor to the cooperative Bank. The Land Reform Savings Corporation was merged with ADBN in 1973. Subsequent amendments to the Act empowered the bank to extend credit to small farmers under group liability and expand the scope of financing to promote cottage industries. The amendments also permitted the bank to engage in commercial banking activities for the mobilization of domestic resources. The bank worked as a premier rural credit institution since its establishment, contributing substantial agricultural credit supply in the country. Rural finance has been the principal operational area of ADBN in the past. However, the bank is also involved in commercial banking operations since 1984, to provide commercial banking services....

Aarambha Chautari Laghubitta Bittiya sanstha ( ACLBSL )

Image
    Microfinance is an effective tool that can help reduce poverty and spread economic opportunity by giving poor people access to financial services such as credit, saving,training,health campaign insurance and so on. Aarambha Chautari Laghubitta Bittiya sanstha is the leading National level micro finance of Nepal and operates in 31 districts. As Per Nepal Rastra Bank Merger policy ACLBSL is the result of merger of Chautari Laghubitta Bittiya Sanstha Limited and Aarambha Laghubitta Bittiya Sanstha Limited.Chautari Laghubitta Bittiya Sanstha Limited was established on 23rd of March, 2015 under Company Registrar Act 2063 and Licensed as "D" grade Bank by Nepal Rastra Bank on 25th of November, 2015 and operated in 16 districts of Nepal whereas.Aarambha Laghubitta Bittiya Sanstha Limited was established on 19th of April, 2014 under Company Registrar Act 2063 and Licensed as "D" grade Bank by Nepal Rastra Bank on 10th of may, 2015 and operated in 16 districts of Nep...

Khaptad laghubitta Bittiya Sanstha Limited

Image
  Khaptad laghubitta Bittiya Sanstha limited has established in 2076 BS that under company act 2063. It has received operating license “D” class micro finance Sudur Paschim province from Nepal Rastra Bank in 18 falgun, 2076. The proposed districts to be covered by the KLBBS (Khaptad Laghubitta Bittiya Sanstha) are Kailali, Kanchanpur, Bajura, Dharchula, Bajhang, Dhadeldhura, Doti, Achham, and Baitadi . The proposed Khaptad Laghubitta Bittiya Sanstha has established with paid up capital of NPR 26.8 million. The head office of the KLBBS has Located in Godawari Municipality 1, Kailali (Sudur Paschim Province). The Khaptad LaghuBitta Bittiya Sanstha consist a team of expert promoters and experienced management team shall in place to achieve the objectives of the Laghubitta Bittiya Sanstha. Khaptad Laghubitta Bittiya Sanstha has been start its micro financing services from 16th Shrawan 2077 , its branch office and central office at Godawari Municipality 1, Kailali. This report consi...

Share Market Today 23 Aug 2022

Image
Today, 22 August 2022, the stock market has gained by 1.85 points and reached 2054.99 points. Today, 4031025 shares of 222 script shares were traded for Nrs. 1,333,560,857.30 rupees. The highest number of HDHPC scripts was traded with a total of 611416 shares with a total transaction amount of Nrs. 142189737.2. Similarly, RBCLPO is the least traded script; only 60 shares have been traded, with a total transaction amount of Nrs 670351. The data for the most profitable scripts and the most loss-making scripts among those traded today is presented below. Top Gainers of the Day The above data shows the Top 5 gainers script of the day for the date of 23 August 2022. The first highest percentage of prices increased the script of RURU by 10 percentage. The second highest price gainer script is MHL, which gained by 9.99 percent compared to yesterday's price. The third highest price increased script is UHEWA; the fourth highest gainer is HBL, and the 5th gainer is ULBSL, increased by 9.97 p...

Market Status Today 22 August 2022

Image
Today, 22 August 2022, the stock market has fallen. Today, the NEPSE index decreased by 7.38 points to 2053.16. Today, 5230763 shares of 222 script shares were traded for Nrs. 1726287429.58 rupees. The highest number of HDHPC scripts was traded with a total of 1229219 shares with a total transaction amount of Nrs. 281871326.5. Similarly, SMFBS is the least traded script; only 20 shares have been traded, with a total transaction amount of Nrs 32570. The data for the most profitable scripts and the most loss-making scripts among those traded today are presented below. Top Gainers of the Day The above data shows the Top 5 gainers script of the day for the date of 22 August 2022. The first highest percentage of prices increased the script of UHEWA by 10 percentage. The second highest price gainer script is MHL, which gained by 9.97 percent compared to yesterday's price. The third highest price increased script is SPC; the fourth highest gainer is HDHPC, and the 5th gainer is WNLB, incr...

Mandakini Hydropower Limited (MHL)

Image
Sardi khola is a town and Village Development Committee in Kaski District in the Gandaki Zone of northern-central Nepal. At the time of the 2011 Nepal census it had a population of 7027 persons living in 1745 individual households. Sardi Khola Hydropower Station (Nepali: सार्दी खोला जलविद्युत आयोजना) is a run-of-river hydro-electric plant located in Kaski District of Nepal. The flow from Sardi River is used to generate 4 MW electricity. The plant is owned and developed by Mandakini Hydropower Pvt. Ltd., an Independent Power Producers Association Nepal (IPP) of Nepal. The plant started generating electricity from 2074-08-23 BS. The generation licence will expire in 2105-03-12 BS, after which the plant will be handed over to the government. The power station is connected to the national grid and the electricity is sold to Nepal Electricity Authority. Vision of the Company “Brighten the nation by maximum utilization of water resources and bring prosperity to people through hydropowe...

Top Gainers and Losers of 21 August 2021

Image
Top Gainers The above data shows the Top 5 gainers script of the day for the date of 21 August 2022. The first highest percentage of prices increased the script of MHL by 10 percentage. The second highest price gainer script is UHEWA, which gained by 9.98 percent compared to yesterday's price. The third highest price increased script is SGHC; the fourth highest gainer is SHL, and the 5th gainer is SABSL, increased by 3.56 percent, 3.31 percent and 2.76 accordingly. Top losers   The above data shows the Top 5 losers' script of the day for the date of 21 August 2022. The first highest loser script is RFPL, which loses 5.19 percentage points compared to yesterday's price. The second highest loser script is HHL, which loses by 5.07 percent compared to yesterday's price. The third highest price loss script is CORBL; the fourth highest losers is BHL, and the 5th losers is SMFDB, decreased by 4.53 percent, 3.59 percent, and 3.56 accordingly.

Samriddhi Finance Company Limited (SFCL)

Image
  Samriddhi Finance Company Limited (SFCL) was established as the 49th financial institution of the country in 2057 BS. With its central Head Office in Hetauda, Makawanpur   and   the company was promoted by reputed businessmen, industrialists and professionals with high experience and qualifications in their respective fields. The company is committed to safety of the customer's deposits, confidentiality, professionalism, transparency, good governance and sound business growth. The company believes in continuous creativity & innovation in its business services and work hard to set its goal in the new standards in banking and is heading towards taking the form of bank in near future. Vision Lead in customer satisfaction & trust with a high value and dignity. Mission To deliver products with a touch of constant innovation and find new dimension in customer service. Objectives To ensure the creation of optimum values for all the stakeholders. To be a B...

Sadhana Laghubitta Bittiya Sanstha Ltd

Image
  Sadhana Laghubitta Bittiya Sanstha Ltd incorporated as a Public limited company in 2073/02/31 under Company Act 2063. Sadhana has started its Financial operation from 2074/07/22 after getting the license from Nepal Rastra Bank to operate as a 'D' class National Level financial institution as per Bank and Financial Institution Act 2003. Sadhana Laghubitta Bittiya Sanstha Ltd has main objective is to provide Laghubitta service to the poor and needy families living in rural areas who are basically economically disadvantaged, and who are far from the access of banking services. This Organization has aims to improve the quality of their family life and establish them in the society by providing loans to women and men who are living in rural areas of poor communities, especially on group base collateral. engaging them in productive work and empowering them to build a creative and self-reliant society and financially literate by investing small amount of loans on small enterpris...

NMB Bank Limited

Image
NMB Bank Limited licensed as “A” class financial institution by Nepal Rastra Bank in May 2008 has been operating in the Nepalese Financial market for over twenty years and is one of the leading commercial banks in the banking industry. The Bank has a Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), wherein FMO holds 13.69% of the Bank’s shares and is the largest shareholder of the Bank. In September 2016, the Bank signed a Joint Venture Agreement with Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden (FMO), the Dutch development bank following which FMO became the single largest share holder of the Bank. The alliance with FMO positions NMB Bank in becoming the market leader in managing environmental & social risks and the leading player in renewable energy and agribusiness. NMB Bank was awarded 'Bank of the Year 2017', 'Bank of the Year 2018', 'Bank of the Year 2020', and 'Bank of the Y...

Nepal Infrastructure Bank Limited (NIFRA)

Image
  With an aim to meet the need of a dedicated infrastructure development bank in the country, Government of Nepal (GoN) and Nepal Rastra Bank paved the way for the establishment of infrastructure development bank through the Annual Budget for the Fiscal Year 2015/16 and the subsequent Monetary Policy of the same year. Accordingly, Nepal Infrastructure Bank Limited was registered under the Ministry of Industry and Commerce, Company Registrar’s Office on 8th June 2018 as the first national level infrastructure development bank of the nation, promoted by Government of Nepal together with Banks and Financial Institutions (BFIs), Life and Non-life Insurance companies, other private sector leading entities and a team of entrepreneurs. This marked as a significant milestone in the infrastructure sphere of the nation. The Bank obtained the operating license from Nepal Rastra Bank, the central bank of the country, on 11th February 2019 and formally started its operations on 6th March 2019...

Nepal Finance Company

Image
  Nepal Finance Limited, NEFINSCO, is the first and most matured Finance Company in Nepal among the private sector established in 2049. It has been the trendsetter in the market for innovating some of the very first products launched in Nepal like Hire Purchase and Margin Lending which became very famous later on and has been a synonym in the market nowadays. The Finance was incorporated under Company Act on 2049/05/14 and acquired license from Nepal Rastra Bank to perform financial transactions with its Head office at New Road, Kathmandu then. It has been promoted primarily to cater to the financial needs of Small and Medium enterprises. Though it was declared problematic by Nepal Rastra Bank in Mangsir 17, 2071, the company resumed to normal operation since Mangsir 26, 2076 with new Promotors and Management Team. The Financial Institution became stronger after acquiring Lalitpur Finance Limited and started joint transaction on 27th Ashad, 2078. Currently, the finance has it...

Manjushree Finance Limited

Image
Manjushree is a Class 'C' Financial Institution licensed by Nepal Rastra Bank, established on 28 Ashoj 2064 as a National Level Finance Company. Our vision is to become the country’s premier financial institution known for its expertise and services in providing superior financial solutions to you. Manjushree is equipped with a strong capital base, a team of competent and dedicated management professionals, strong IT infrastructure and systems, and wider and deeper connections in the market, Manjushree now stands as a very modern and efficient financial institution. It provides customer-focused financial services to you in a very friendly environment. Promoted by a team of eminent people with long experience and reputation in banking, business, government, education, and development sectors, Manjushree is committed to lead in meeting your financial needs and expectations. It optimizes all its strengths, expertise, advice, and services in a very flexible and effective manner...