Public Dev. Bank IPO starting from 28th June- Collection Centers as ...

Public Development Bank will be releasing 6,00,000 ordinary shares amounting Rs. 60 million. NIDC Capital Market Ltd. have been appointed as issue manager for the public issue of Rs. 60 million i.e. 600000 shares. Following are the collection centers listed for getting/depositing IPO forms.

1 N.I.D.C Cpital Markets Ltd. Kamal Pokhari, Kathmandu
2 Public Development Bank Ltd. Birgunj, Banepa, Hetauda, Dharan, Biratnagar
3 Bishawa Bikash Bank Ltd. Chiple Dhunga, Pokhara
4 Corporate Development Bank Birgunj
5 Kamana Bikash Bank Ltd. Kaski, Lekhnath marg, Pokhara
6 Kasthamandap Development Bank Ltd. New road, Chabhil, Satdobato
7 Malika Development Bank Ltd. Dhangadhi
8 Sahayogi Bikash Bank Ltd. Janakpur
9 Tinahu Bikash Bank Ltd. Butwal
10 Unique Financial Institution Ltd. Putali Sadak Kathmandu
11 Sagarmatha Marchant Banking & Finance Ltd. Manbhawan, Kathmandu
12 Kabeli Bikash Bank Ltd. Dhangadhi
13 Goodwill Finance Ltd. Ithari
14 Western Development Bank Ltd. Dang
15 Bageshwari Development Bank Ltd. Nepalgunj
16 Kankai Bikash Bank Ltd. Damak, Jhapa
17 Nepal Express Finance Sundhara, Kathmandu
18 Siddhartha Development Bank Ltd. Butwal
19 Valley Finance Ltd. Maharajgunj

Source:nepseguide

IPO of Arun Valley Oversubsribed by 40 times

Well, Arun Hydropower IPO got blazing response from the day one. After cancellation of Chilime IPO, the entire amount poured into Arun Valley IPO. According to the reports the IPO got oversubscribed on first day itself, on 23rd June 2009. “Yes, the report is true”. According to NMB, there was somewhat 7,000 application forms collected which amounted Rs 160 million. The company had floated 5,15,000-unit primary shares adding a premium of Rs 84 to the face value of Rs 100, making it Rs 184 per unit share.

The final official numbers are yet to come by end of the day, but looking the rush and given the released quantity of shares, this IPO might be the one which will be highly oversubscribed like Sunrise Bank IPO. One of the official from the collection center have clearly hinted the oversubscription might be somewhere around 35-40 times.

There are some reports claiming some funny incidents in some of the collection centers from the valley. Numerous applicants had applied to IPO thinking it was in fact Chilime Hydropower not even reading the fine printed form. Just bolstering the fact, Nepal still has herd natured investors, the investors thronged to the collection centers with bundles of cash thinking Arun Valley was in fact Chilime.

Much surprisingly, there was still huge group of people who didn’t even know what was Arun Valley, the company & what it did?
Some thought it was Bank, some development bank and one intelligent guy claimed it to be Construction Company who builds colonies & apartments.

It is true that people are much more aware than before regarding share & stock investment, but the fact is there still exists people with very less knowledge of how to apply for shares or what they should look into. People blindly follow the myth - No share can go below IPO Price. While we have living example of NTC (Nepal Doorsachar), NHPC (National Hydropower) whose current price is below than its initial IPO price. Be it investor’s ignorance or their carelessness, but such kind of naive players helps market to be driven by some cunning mafia’s. And at the end of the day, when they lose everything, these people give Secondary Market bad name by calling it - Casino.

Anyway, let’s not get off track from the main topic and Wish all applicants of Arun Valley Good Luck for their application. Believe me, we all applicant very much need it even to get allotted even 20% shares.

Source: nepseguide

NRB Penalized Siddhartha Bank Ltd. 17 Thousand

Nepal Rasta Bank (NRB) has penalized Siddhartha bank ltd (SBL) Rs. 17000 for not maintaining cash reserve ratio (CRR). NRB has punished SBL thrice for the same reason during this current fiscal year 2065/2066. On Wednesday, the central bank has decided to penalized SBL third time for not maintaining the CRR during Magh 26 to Falgun 3 (8 Feb 2009 to 14 Feb 2009). The bank has paid Rs. 46947 as the first fine, Rs. 41230 for second time during this current fiscal year. Before SBL, Bank of Kathmandu, Prime Commercial bank, NIC bank had also paid fine to NRB for short CRR. On Tuesday (23 June, 2009) NRB had Penalized Nabil bank Rs. 75 Thousand for the same cause. According to the monetary policy, banking and financial institutions should compulsorily maintain CRR 5.5 percent of total deposits. If the bank fails to maintain CRR for the first time, NRB fines according to the inter-bank rate. At present, inter-bank rate is 6.5 percent. If any bank falls short to maintain CRR, the fine will be levied in three phases. In case the financial institutions fail to maintain CRR for the first time, they will be charged on inter-bank rate (6.5%) and this rate doubles if the same practice is carried out for the second time. Moreover, the penalty charge for the third time will be thrice the inter-bank rate (19.5%). According to BASEL-II, 20% liquidity should be maintained by the commercial banks. It is thought that this liquidity limit has also created complexity to maintain CRR. Earlier, bankers association has appealed NRB to decrease CRR ratio by 1 percent citing the liquidity problem in the market. If CRR is decreased by 1%, Rs. 4 billion liquidity will be accessible in the market. NRB has also penalized banks who failed to provide the loan to rural people. Lumbini bank Ltd. has to pay fine Rs.21612 to NRB for the same reason, said NRB source. The bank has fined due to the low investment in rural sector during the first quarter of the current fiscal year. There is the provision to invest 3 percent in remote areas of total loan investment made by banks. Previously, NRB has penalized Nepal Bangladesh Bank Rs. 1850178 for the same cause.

Source: Jamb news source

Arun Valley IPO' on good response & oversubsribed.

Arun Valley Hydropower Company received good response to its primary issue. On the first day, 7,000 applications worth Rs 160 million were files its Initial Public Offering (IPO). It has floated 5,15,000-unit primary shares from 23 June, 2009. It has added a premium of Rs 84 to the face value of Rs 100, making it Rs 184 per unit share.

According to the new Securities Board of Nepal (SEBON) regulation, a company can add premium equal to its net worth, if it is in profit and has distributed cash dividend for three consecutive years. Arun Valley has done so. It distributed 20 per cent cash dividend from the profits of last fiscal year.

Arun Valley Hydropower that constructed Piluwakhola Hydropower in Chainpur of Sankhuwasabha district has been providing 20 per cent cash dividend from the profit over three successive fiscal years. Interested applicants can apply for a minimum of 50-unit shares of Arun Valley while a minimum 20-unit can be applied for of Chilime Hydropower. The maximum number of units one can apply for of Arun Valley is 50,000 while for Chilime it is 1,000 only.

NMB Bank is the sales and issue manager for Arun Valley's primary issue while the issue and sales managers of Chilime's primary issue are NIDC Capital Market and Citizen Investment Trust (CIT).

The company was established in 1997 and promoted by Guru Prasad Neupane, Jeevan Raj Shakya and Amar Raj Tamrakar to develop, build, own and operate hydropower projects, formed joint ventures with companies to build medium and large hydropower projects and develop entrepreneurship for the promotion of the hydropower sector's currently-owned Piluwakhola Hydropower Project (3MW).

The promoters own 12,00,000-unit shares and the remaining 17,15,000-unit shares will be floated for the public. Arun Valley is planning Upper Piluwa Khola Small Hydropower Project (4.5MW), Lower Phemekhola Small Hydropower Project (2.2MW) and Kabeli-B1 Small Hydropower Project (9.8MW). The new investment partner of the hydropower company will be Janata Bank that is promoted by Guru Prasad Neupane and is in the process of getting the licence of a commercial bank.

However, Chilime Hydropower has suspended its much awaited IPO after a court order. It had planned to float its 23,04,000-unit shares from June 15 adding a premium of Rs 223.70 to the face value of Rs 100 per unit, making it a total of Rs 323.70 per unit share.

But the locals of Rasuwa, where the hydropower project is located, have locked the project demanding shares and the company has agreed to give them eight per cent shares. Under the new regulation, SEBON permitted Chilime to give five per cent shares only to the locals and they moved court saying it was against the earlier agreement with Chilime. Yesterday,(24 June, 2009) the Court fixed another hearing on Chilime on June 29.

Chilime's IPO doldrums Posts ahead

IPO of Chilime Hydropower Company was withheld one day before the issue date, by Supreme Court till 2066 Ashad 10 (24-June-2009) after the general people from the affected areas of Chilime Hyropower Company had filed case against the issue of Chilime, indicating the company did not allot shares equals to 8 percent as per the earlier agreement.

Yesterday (24 June, 2009), yet again the Supreme Court has posted the hearing of CHCL for coming Monday (29 June, 2009) and ordered to stop public offering until the next notice. The Central court has called the representatives of Prime Minister Office and Water Resource ministry for the next hearing. It had not called them in yesterday's hearing.

The court has asked them to be present in the next hearing as the case was filed making them as an opposition. Yesterday, Chilime hydropower Company, SEBON, Nepal Electricity Authority and lawyers had a discussion regarding the IPO issue of Chilime.

Collection Centers for IPO of Arun Valley Hydro Power Ltd.

S.N	Collecting Centers	Address
1	NMB Bank Ltd	Babarmahal, Tindobato, Banepa, Kavre, Chipleydhunga, Pokhara, Milanchowk, Butwal, Mahendrapath Dharan-5, Lubhu, Lalitpur and Rangeli Road - Biratnagar
2	Swastik Merchant Finance Co. Ltd.	Khichpokhari, Ktm
3	Navdurga Finance Co. Ltd.
4	Elite Capital Ltd.,	Jamal, Kathmandu
5	Shree Investment & Finance Co. Ltd.,	Dillbazar & Branch Office, Biratnagar
6	Pathvara Bikas Bank Ltd.	Urlabari, Morong
7	Goodwill Finance Ltd.	Itahari
8	Malika Bikas Bank Ltd.	Dhangadi & branch office Mahendra Nagar & Tikapur
9	Sewa Bikas Bank Ltd.,	Butwal
10	Public Dev. Bank Ltd.	Birgunj
11	Corporate Dev. Bank. Ltd.	Birgunj
12	I.C.F.C Bittiya Sanstha Ltd.,	Bhatbateni, Kathmandu
13	Pokhara Finance Ltd.	Pokhara
14	Clean Energy Dev. Bank Ltd.,	Sitapaila, Kathmandu
15	Alipic Everest Finance Ltd.,	Kathmandu Mall, Sundhara
16	Bageshwori Dev. Bank Ltd.	Nepalgunj

Another NRB rap on NDB's knuckles

Nepal Rastra Bank (NRB) has asked the troubled Nepal Development Bank (NDB) to clarify its Board of Directors' stand on the clarification letter that it submitted to NRB on Thursday. The NDB submitted its explanation signed by its chairman Amar Gurung to NRB but NRB said it had sought clarification on why the ailing development bank should not be liquidated from its board, said a high ranking NRB official. The NRB letter has asked NDB's board to clarify its stand. "If the clarification is from the board also, the minutes of the board meeting also have to be submitted along with the clarification," the official said adding that the minutes of the board meeting are a must if it is the board's decision. "It is unclear whether it is the NDB chairman's personal explanation or the reply of the board of directors." "Yes, we have received a query letter," NDB acting chief executive officer Purna Prasad Sharma said adding that the board is meeting to draft a clarification to NRB after it received the letter. On June 18, NDB submitted a complete capital plan but also sought time till October 17 to improve its financial health. It claimed that given the opportunity, it could sell shares of various institutions and get back the deposit from National Cooperatives as instructed by NRB. However, it still needs an additional Rs 70 million capital injections even after it manages to get its money back. However, there isn't any guarantee that NDB will make amends as it has repeatedly been flouting the central bank's directives. Individual depositors will get their money back since the financial institution has Rs 16.5 million in cash and Rs 160.3 million bank deposit. The NRB's findings show the Employee Provident Fund (Rs 331.4 million) and the Nepal Army (Rs 180 million) might not get their money back but small depositors need not worry. NDB has around 20,000 shareholders and 3,500 depositors. If NRB finds the clarification unsatisfactory, it will file a case at Patan Appellate Court to press for NDB's liquidation. NRB has already seized all its assets and frozen the accounts in various financial institutions. NDB, the nation's first development bank started operations in 1998. Though it has a paid-up capital of Rs 320 million, it ran into huge losses, pegged at Rs 690.2 million till the end of mid-March. Its non-performing assets are at 55.09 per cent and capital adequacy ratio (CAR) stands at a whopping 48.31 per cent. As per rule, a bank must maintain its CAR at 11 per cent.

Source:THT

Arun Valley Hydro IPO Share Started from Today

Yes, today IPO of Arun Valley released finally. Its last till 26th June 2009. So, hurry up guys if investing in this Hydro Power to some relief from future Loadsheding..

Public Dev. Bank Share will be call on 2006.Ashad 14

Public Development Bank Ltd to issue 600000 units of shares to public from 2066 Ashad 14 (28-Jun2009)at Rs 100 per share.

रोकियो चिलिमेको सेयर

काठमाडौं, जेठ ३१ - चिलिमे जलविद्युत् आयोजनाको साधारण सेयर बिक्री रोकिएको छ। आज सर्वोच्च अदालतले १० गतेसम्मका लागि सेयर जारी नगर्न र उक्त दिन पक्ष-विपक्ष झिकाएर यसबारे छलफल गर्न अन्तरिम आदेश जारी गरेको हो। सेयर भोलि असार १ गतेदेखि बिक्री गर्न लागिएको हो। स्थानीय उपभोक्ता समूहले सम्झौतामा उल्लेख भएअनुसार ८ प्रतिशत सेयर स्थानीयलाई दिनुपर्नेलगायतका माग राख्दै सर्वोच्चमा रीट हालेको थियो।

Central Bank of Nepal Eyeing to Control Kumari Bank

Central Bank of Nepal is eyeing to take control over the management of Kumari Bank Ltd. as the conflict between the promoters does not seem to end. Former President Noorpratap Rana and member of the Board of Director Laxman Shrestha were having conflict regarding the control over management of the Bank. Both the fragment group wants to appoint their close person in CEO's post, after Surendra Bhandari, ex- CEO of the Bank had resigned. Later, Mr. Kapil Sharma was appointed as an acting CEO. Because of the clash, appointment of new CEO for the bank is yet to turn on. The ongoing conflict between the promoters has created turmoil over the deposits of the general people and to make it safe Nepal Rastra Bank have to intervene in the management of Kumari Bank Ltd, said NRB source. To solve the problem, Central Bank of Nepal had ordered Kumari Bank Ltd. to move out Noor Pratap Rana from its Board of director. But yet the NRB's order is not implemented. "The ongoing conflict within the board member and the promoter seems to end late. Therefore, Central Bank is liable to take control over the management to safeguard the deposits of the public", said higher ranked officer of the Central Bank. After controlling over the management of Kumari Bank, AGM will be conducted very soon to appoint the new management of the bank, he said. The board members of the KBL are in fragment. Central Bank had called the board member on dialogue and asked to settle down the dispute. Bank's board of director had sent a written letter to the Central Bank specifying no to clash on the issue anymore. The board has, Shivaratan Sharada as a president, and Amir Pratap Rana, Santu Shrestha, Shyamshan Rana, Jagdish Prasad Chaudhary, Shovakanta Dhakal, Rashendra Bahadur Malla and Noor Pratam Rana as a member. Central Bank had already taken control over the management of Nepal Bangladesh Bank, Bank of Kathmandu and Nepal Bank Ltd. and also recently liquidated Nepal Development Bank. The Kumari Bank has around Rs. 1.078 billion as a paid up capital, RS. 13 billion collected as deposits and invested Rs. 12 billion during the current fiscal year. It has earned Rs.170 million as a profit during the nine month of the current fiscal year, where as it had accumulated Rs. 144.90 million net profit during the corresponding previous year for the same duration.

Source: JNS

VIBOR's shares oversubscribed

Vibor Bikash Bank Ltd. made its Initial Public Offering of 2652000 numbers of shares at the face value of Rs. 100 from 10th June 2009 which closed today (14th June 2009). The IPO attraction among the general investors persisted this time also. NMB Bank Ltd. is the issue manager of the company which estimates the VIBOR's share would oversubscribe by almost 5 times. "On Friday, the subscription amounting to Rs. 540 million was collected in all the collection centers. However, it is expected that the subscriptions today, last day of the issue would vary within Rs. 550 million to Rs. 600 million," said Mr. Samir Chhetri, Investment banking head of NMB bank ltd. In his expectation, the subscription might amount to Rs. 1.20 billion which is almost 5 times the offered amount. In a question asked, regarding the Sunrise Banks forms scandal and its negative effect to the issue manager, he answered that the case truly had no any negative correlation with the investor's perception toward NMB. He also added that the corrections were made and moreover none of the parties got hampered.

Source: JNS

IPO of Chilime Hydropower Company withheld

Primary share of Chilime Hydropower Company has been stopped. The Supreme Court has issued a notice to withheld IPO of Chilime up to 2066 Ashad 10 (24-June-2009). Primary issue of Chilime was opening from tomorrow (15-June-2009).

People from the affected areas of Chilime Hyropower Company had filed case against the issue of Chilime, indicating the company did not allot shares to them as per the earlier agreement. Previously, Chilime promised to provide 8 percent of the share out of offered 24% of common shares of the general public in Rasuwa district. However, Chilime later announced to provide only 5% of the public issue to the people from affected areas. CHCL had announced to issue 23,00,000 shares in public at premium of Rs. 223.70 and out of these, 2,15,200 shares are to be distributed to Chilime, Goljung and Syafru VDCs of Rasuwa district.

Chilime which was established with the national investment and capital (no international funds) has total capacity of producing 20MW electricity. The market price of company is around Rs 1200 at present.
Source:JNS

Chilimi Hydro Power Ko Share Released

Chilimi Hydro Power Ko Share will be start collecting from 1st Of Ashad 2066 (15th June 2009) to 5th of Ashad 2066 (19th June 2009) So guys hurry up to apply before it close.

Central Bank orders Kumari Bank Ltd. to move out Rana from the Board

Central bank of Nepal has ordered Kumari Bank Ltd. to move out Noor Pratap Rana from its Board of director. The promoter shareholder had decided to appoint Rana in the board one day before its Annual General meeting. There was huge dissatisfaction regarding this matter in the AGM. There after, the President of the Bank, Shivaratan Sharada had requested for opinion from the Central Bank. The board members of the KBL is in fragment. Central Bank had called the board member on dialogue and asked to settle down the dispute. Bank's board of director had sent a written letter to the Central Bank specifying no to clash on the issue anymore. The board has, Shivaratan Sharada as a president, and Amir Pratap Rana, Santu Shrestha, Shyamshan Rana, Jagdish Prasad Chaudhary, Shovakanta Dhakal, Rashendra Bahadur Malla and Noor Pratam Rana as a member. Kumari Bank has earned Rs.170 million as a profit during the nine month of the current fiscal year, where as it had accumulated Rs. 144.90 million net profit during the corresponding previous year for the same duration.

Source: JNS

Central Bank orders KBL to move out Rana from the Board

Central bank of Nepal has ordered Kumari Bank Ltd. to move out Noor Pratap Rana from its Board of director. The promoter shareholder had decided to appoint Rana in the board one day before its Annual General meeting. There was huge dissatisfaction regarding this matter in the AGM. There after, the President of the Bank, Shivaratan Sharada had requested for opinion from the Central Bank. The board members of the KBL is in fragment. Central Bank had called the board member on dialogue and asked to settle down the dispute. Bank's board of director had sent a written letter to the Central Bank specifying no to clash on the issue anymore. The board has, Shivaratan Sharada as a president, and Amir Pratap Rana, Santu Shrestha, Shyamshan Rana, Jagdish Prasad Chaudhary, Shovakanta Dhakal, Rashendra Bahadur Malla and Noor Pratam Rana as a member. Kumari Bank has earned Rs.170 million as a profit during the nine month of the current fiscal year, where as it had accumulated Rs. 144.90 million net profit during the corresponding previous year for the same duration.

Source: JNS

Himalayan General Insurance Co. Ltd. to provide 5.26% Cash Dividend

Himalayan General Insurance Co. Ltd organized its 15th annual general meeting today (12 June, 2009). The meeting has decided to provide 5.26 % cash dividend amounting to Rs. 33, 15,789 to its shareholders. According to the financial report of fiscal year 2064/65, it had earned Rs. 6.685 million as a profit, where as it was Rs. 7.537 million during fiscal year 2063/64. During the year 2064/65, company had net worth of Rs. 100.098 million, 0.30 million units of shares, earning per share of Rs. 10.61 and market price per share Rs. 345. It has seven branches across Nepal. According to the unaudited financial report of the first 9 month of the current fiscal year, it had collected 240 million as a premium from more than seven insurance products and invested RS. 190.26 million.

Source: Jamb News Service

Central Bank to Investigate Nepal Bangladesh Bank

Nepal Rastra Bank had decided to investigate financial position of Nepal Bangladesh Bank (NBB). NBB had announced its net profit amounting to Rs. 939.22 millions and Rs. 861.024 millions as right back of provision for possible loss during the nine month of the current fiscal year 2065/66. The net profit amount was highest when compared with good performing commercial bank of Nepal for the nine month period. However, the operating income of the bank was less than half of its net profit. The operating profit was Rs. 314.324 million. Nepal Rastra Bank had asked NBB to submit the details of loan recovery information to NRB to verify the truth worthy of loan recovery data and to know the payment of loans by the promoter. Promoter had large amount of loans and the delay in the recovery of these loans led the non performing loan of the bank to height. The non performing loan (NPL) to total loan of the bank figured to 29.90 % during the first nine month of the current fiscal year 2065/66 but it had 37.60 % in the corresponding year for the same duration.

Source: Jamb News Service

Public Shares of Arun Valley Hydropower Dev. Co. Ltd.

Public Shares of Arun Valley Hydropower Dev. Co. Ltd.
Arun Valley Hydropower Company Ltd. is issuing 515000 no. of shares as initial public offering from 23rd June 2009 (2066 Ashad 9). A premium of Rs. 84 per share is levied, which would sum up the per share amount to Rs. 184.

BOAN and CZBIL starts to trade from 2009.06.11

Bank of Asia Nepal Limited with stock symbol BOAN commenced its trading form today (11 June, 2009) with an opening price of Rs. 100. It reached a peak of Rs. 533 but slacked down to Rs. 471 and is currently trading at Rs. 480. The Bank had listed 10 million units of ordinary shares in 7th June, 2009. Likewise, trading of Citizen Bank International Ltd. with stock symbol CZBIL also started its trading form today with an opening price of Rs. 100. It rose to 581 but plunged in a moment to Rs. 535 and is currently trading at Rs.580. CZBIL had listed 10 million units of ordinary shares in Nepal Stock Exchange at 7th June, 2009.

Source: Jamb News Service

80% finance for Needy Person- Chilime Hydro Power Ltd' Ko Share ko Lagi.

80% finance for Needy Person- Chilime Hydro Power Ltd' Ko Share ko Lagi.
Share per Rate = 323.70
Tension for awaited Chilime Hydropower Ltd.' Share Investment..
Scarcity of Funds to apply SHARES???
don't you worry, if you really in need of funds to invest, do let us know.
We shall invest on ur Chilime for you @ 80% i.e. 258.96 / Share.....Worries gone......Chillllleeeee
Contact: santoshakya@gmail.com

Today's Stock Exchange dated 2009.06.11

S.No.	Traded Companies	Max. Price	Closing Price	Previous Closing	Difference Rs.
1	Ace Dev. B. Ltd	572	560	575	-15
2	Annapurna Fin. Co. Ltd	951	951	970	-19
3	BOA	533	474	0	474
4	BOK	1,530	1,530	1,529	1
5	Clean Energy Dev. B. Ltd.	785	784	780	4
6	Chilime Hydro power Co.	1,245	1,240	1,225	15
7	Citizen Inv. Trust	670	670	667	3
8	Cosmic Mer.Bank & Fin.	495	495	499	-4
9	Citizens Bank Intl' Ltd.	588	572	0	572
10	DCBL Bank Ltd.	404	400	412	-12
11	Everest Bank Ltd	2,300	2,300	2,300	0
12	Global Bank Limited	572	527	561	-34
13	Gurkha Development Bank	619	619	607	12
14	General Fin. Co. Ltd. Pro. Share	115	115	115	0
15	Himalayan Bank Ltd.	1,630	1,630	1,602	28
16	ICFC Bittya Sanstha Ltd.	475	475	470	5
17	International Leasing & Fin. Co.	600	585	600	-15
18	IME Financial Institution	887	887	870	17
19	Kaski Finance Limited	851	850	830	20
20	Kumari Bank Ltd	629	615	625	-10
21	KIST Bank Limited	380	380	377	3
22	Lord Buddha Fin. Inst. Ltd.	455	455	457	-2
23	Lumbini General Insurance	203	203	203	0
24	Machhachapuchhre Bank Ltd	417	416	421	-5
25	Malika Bikash Bank Limited	1,220	1,220	1,224	-4
26	Merchant Finance Co. Ltd.	333	333	339	-6
27	Nabil Bank Ltd.	4,300	4,300	4,280	20
28	Nepal Bangladesh Bank Ltd.	272	272	261	11
29	Nepal Credit & Com. Bank	298	295	293	2
30	Nepal Express Finance Limited	315	303	314	-11
31	Nepal Investment Bank Ltd.	1,215	1,215	1,215	0
32	Nepal Industrial & Co.Bank	962	955	961	-6
33	NMB Bank Ltd.	465	465	460	5
34	Nepal Share Markets Ltd.	897	870	860	10
35	Nepal Share Markets Ltd. Pro. Share	673	673	673	0
36	NDCL(NTC)	550	550	550	0
37	Peoples Finance Limited.	359	330	366	-36
38	Pokhara Finance Ltd.	406	406	406	0
39	Purwanchal Grameen Bikash B. Ltd	1,110	1,110	1,090	20
40	Pashupati Development Bank Limited	479	479	465	14
41	Reliable Finance Limited	663	663	651	12
42	Sanima Vikash Bank Ltd.	620	620	624	-4
43	Nepal SBI Bank Limited	1,780	1,720	1,765	-45
44	Siddhartha Bank Limited	940	923	930	-7
45	Shikhar Bittiya Sanstha Limited	318	306	305	1
46	Standard Chartered Bank Ltd.	5,685	5,600	5,680	-80
47	Siddhartha Development Bank Limited	290	290	294	-4
48	Shree Investment Finance Co. Ltd	820	804	820	-16
49	Siddhartha Insurance Limited	184	184	183	1
50	Standard Finance Ltd.	378	378	375	3
51	Subhechha Bikas Bank Limited	714	700	700	0
52	Swabalamwan Bikash Bank	625	625	625	0
53	Triveni Bikas Bank Limited	645	633	603	30
54	World Merchant Bank Ltd	410	410	418	-8

On going - Current Issues in Nepal Share Market.

Below is the current issues in Nepal Share Market.

S.No	Company Name	Amount (Rs. in million)	Issue Type	Issue Manager	Issue Period
1	Ace Development Bank Ltd.	292.86	Right	Elite Capital Ltd.	From 20/05/09 To 23/06/09
2	Bhrikuti Vikash Bank Limited	140.99	Right	NIDC Capital Markets Ltd	From 05/06/09 To 09/07/09
3	Central Finance Co. Ltd.	25.39	Right	Ace Development Bank Ltd	From 01/06/09 To 05/07/09
4	DCBL Bank Ltd.	557.33	Right	NMB Bank Ltd.	From 19/05/09 To 22/06/09
5	Everest Finance Ltd,	20.00	Right	Ace Development Bank Ltd	From 23/06/09 To 27/07/09
6	Excel Development Bank Ltd.	60.00	Right	Ace Development Bank Ltd	From 17/06/09 To 21/07/09
7	Gurkha Development Bank	120.00	Right	Ace Development Bank Ltd	From 01/06/09 To 05/07/09
8	Imperial Financial Institution	50.00	Right	NIDC Capital Markets Ltd	From 11/05/09 To 14/06/09
9	Lumbini Finance Ltd.	45.00	Right	Ace Development Bank Ltd	From 14/06/09 To 19/07/09
10	NDEP Bank Limited	160.00	Right	Ace Development Bank Ltd	From 01/06/09 To 05/07/09
11	NMB Bank Limited	330.00	Right	DCBL Bank	From 18/05/09 To 21/06/09
12	Narayani Development Bank Ltd.	10.00	Right	Elite Capital Ltd.	From 28/05/09 To 01/07/09
13	National Life Insu.Co.Ltd.	132.00	Right	Nagarik Lagani Kosh	From 11/06/09 To 25/06/09
14	Nava Durga Finance Co.Ltd.	54.61	Right	NMB Bank Ltd.	From 15/06/09 To 19/07/09
15	Nepal Share Markets Ltd.	1,567.73	Right	Nagarik Lagani Kosh	From 28/06/09 To 02/08/09
16	Patan Finance Limited	50.00	Right	NIDC Capital Markets Ltd	From 22/06/09 To 26/07/09
17	Prabhu Finance Company Limited	80.00	Right	Elite Capital Ltd.	From 19/06/09 To 23/07/09
18	Premier Finance Co. Ltd.	47.52	Right	NIDC Capital Markets Ltd	From 27/04/09 To 15/06/09
19	Sanima Bikash Bank Ltd.	384.00	Right	Nagarik Lagani Kosh	From 18/05/09 To 21/06/09
20	Standard Finance Ltd.	834.90	Right	NIDC Capital Markets Ltd	From 03/06/09 To 07/07/09
21	United Insurance Co.(Nepal)Ltd.	28.80	Right	NIDC Capital Markets Ltd	From 18/05/09 To 22/06/09
22	Vibor Bikas Bank Ltd.	265.20	General	NMB Bank Ltd.	From 10/06/09 To 14/06/09
23	World Merchant Bank & Finance Limited	72.00	Right	NMB Bank Ltd.	From 12/05/09 To 15/06/09