NEPSE crosses level of 1200 to close at 1200.92 - NEW HISTORY MADE.

NEPSE index crosses the level of 1200 to close at 1200.92 recording surge of 9 points or 0.76 percent.

The total turnover of the day amounted Rs 77.31 crore where more than 16 lakh unit shares of 145 companies were traded through 5720 transactions.

The local bourse opened at 1191.93 this afternoon and went up to 1220 level within the initial hour and there after slipped meager points before closing at 1200.92 level.

Compulsorily trading of all commercial banks in demat led the investors ease in investing in those shares where the increase in demand of these shares has increased their respective share prices.

Maximum trading were done of shares like PRVU, SCBIL, NBB, GBIME, SBI, PCB, EBL and NABIL.

Shares price of companies like KMCDB, NICL, NLG, PIC, KBBL, JBBL and JEFL surged more than 8 percent today.

NEPSE has already broken the all-time high level and every surge in the level of the benchmark will take the NEPSE index to the new level.

HydroPower was the only sector to land in red today where Banking, Development and Finance gained 8.44 points, 10.42 points and 3.67 points respectively.

Insurance, Manufacturing and Others gained in double digits.- SSN

Agricultural Development Bank Ltd EPS at 43.52 in 4th quarter of fiscal year 2071/72

Despite of hefty amount of expenses on its staffs and huge provision for possible losses, profit’s of Agricultural Development Bank Ltd. (ADBL) has increased by 23.37 percent in the fourth quarter of the last fiscal year 2071/72.

According to the unaudited financial statement of the bank published today, its net profit rises to Rs 1.87 arba in the last fiscal year up from Rs 1.52 arba of net profit that it had posted in the corresponding period of the previous fiscal year 2070/71.

The statement shows that the bank, where the government has the majority of the stake, spent Rs 2.96 arba under the ‘staff expenses’ heading.

The bank’s provisioned Rs 93 crore for the possible losses.

The net interest income of the bank rises to Rs 5.21 arba from Rs 4.62 arba in the corresponding previous year quarter ending.

The bank was able to bring down its non-perform loan (NPL) by marginally to 4.53 percent from 5.46 percent.

The write back of Rs 60.23 crore from the amount it had earlier provisioned for the possible loss was also one of the main contributing factors for the profit of the bank.

The bank, however, observed a notable growth in the deposit and loan mobilization last year. It mobilized Rs 76.92 arba in deposit and Rs 66.60 arba in loans last year, up from Rs 65.18 arba in deposit and Rs 57.18 arba in loans in the previous year.

Its annualized EPS is at Rs 43.52, P/E ratio 9.92 times and net worth per share stands at Rs 233.99.

The company has provided 7% bonus and 8% cash dividend to its shareholders in FY 2070/71. - SSN

Agriculture Development Bank Ltd (ADBL) : Fundamental Analysis of FY 2070/71

कृषि विकास बैंक लिमिटेडको विश्लेषण
पूँजी, जगेडा, निक्षेप तथा लगानी
चुक्ता पूँजी ९ अरब ६३ करोड ६८ लाख (जस मध्ये ३ अरब २० करोड साधारण शेयर र ६ अरब ४३ करोड ६८ हजार अग्राधिकार शेयर सहित), संचित कोष ६ अरब ९ करोड ५५ लाख ७५ हजार, डिबेन्चर २ अरब ३० करोड, सापटी ६९ करोड ४३ लाख ८५ हजार, निक्षेप ६५ अरब ८२ करोड ८३ लाख २९ हजार, कर्जा लगानी ५७ अरब ५० करोड ५२ लाख ७१ हजार र अन्य लगानी १३ अरब ३३ करोड ८५ लाख ४३ हजार रहेको छ /

NEPSE investors- Get Demat account from CDSC for digital clearing & settlement of stock transaction

CDS and Clearing (CDSC), a subsidiary of the Nepal Stock Exchange (Nepse), officially started clearing and settlement of securities transactions digitally. The paperless system allows processing to be done in an easier and faster way. While the manual system used to take at least three days to transfer ownership of shares after a sale, the central depository system (CDS) does it instantly.

According to CDSC, the CDS acts as the central depository (safekeeping, deposit and withdrawal of securities certificates and transfer of ownership/rights) for various instruments such as equity, bonds and warrants in a dematerialised (electronic) form. Under the new provision, stock ownership has to be first converted into Demat format.
A Demat account can be opened through Depository Participant (DP), an agent appointed by the CDSC.

List of Licensed Depository Participants 

- Civil Capital Market Ltd. 

-ACE Capital Ltd. 

-Stock Management & DP Ltd. 

-Nabil Investment Banking Ltd. 

-NIBL Capital Markets Ltd.

-Laxmi Capital Ltd. 

-Everest Bank Limited 

-Siddhartha Capital Limited 

-NMB Capital Limited 

-Bank of Kathmandu Limited 

 Similarly, the companies listed on Nepse also have to open a Demat account with CDSC. Potential investors, after being okayed for a Demat account, can post the number of shares they want to buy or sell through their brokers.
According to CDSC company secretary Subodh Dhungel, the should enter the assigned number of shares in “Pull Account” through which trading is done. Investors are required to pay Rs 50 to open a Demat account and an annual fee of Rs 100. “Other processing costs are born by the concerned companies,” said Dhungel.
Under the new system, brokers also have to become members of CDSC to act on behalf of their clients.

List of Registered Clearing Members

S.No.	Clearing Members	CM No.
1	ABC Securities Pvt. Ltd.	17
2	Agrawal Securities Pvt. Ltd.	6
3	Arun Securities Pvt. Ltd.	3
4	Aryatara Investment & Securities Pvt. Ltd.	57
5	Ashutosh Brokerage & Securities Pvt. Ltd.	8
6	Asian Securities Pvt. Limited	26
7	Bhrikuti Stock Broking Co. Pvt. Ltd.	55
8	Creative Securities Pvt. Ltd.	40
9	Crystal Kanchanjunga Securities Pvt. Ltd.	50
10	Dakshinkali Investment & Securities Pvt. Ltd.	33
11	Dipshika Dhitopatra Karobar Co. Pvt. Ltd.	38
12	Divyaa Securities & Stock House Pvt. Ltd.	59
13	Imperial Securities Co. Pvt. Ltd.	45
14	Investment Management Nepal Pvt. Ltd.	53
15	J.F. Securities Company Pvt. Ltd.	7
16	Kalika Securities Pvt. Ltd.	46
17	Kumari Securities Pvt. Ltd.	1
18	Kohinoor Investment And Securities Pvt. Ltd.	35
19	Linch Stock Market Ltd.	41
20	Malla & Malla Stock Broking Company Pvt. Ltd.	11
21	Market Securities Exchange Co. Pvt. Ltd.	5
22	Midas Stock Broking Company Pvt. Limited	21
23	Nasa Securities Co. Ltd.	58
24	Nepal Investment & Securities Trading Pvt. Ltd.	19
25	Nepal Stock House Pvt. Ltd.	14
26	Online Securities Pvt. Ltd.	49
27	Opal Securities Investment Pvt. Ltd.	4
28	Oxford Securities Pvt. Ltd.	51
29	Pragyan Securities Pvt. Ltd.	10
30	Premier Securities Company Limited	32
31	Primo Securities Pvt. Ltd.	16
32	Sagarmatha Securities Pvt. Limited	18
33	Sani Securities Co. Ltd.	42
34	Sewa Securities Pvt. Ltd.	54
35	Shree Krishna Securities Ltd.	28
36	Sipla Securities Pvt. Ltd.	20
37	Siprabi Securities Pvt. Limited	22
38	South Asian Bulls Pvt. Ltd.	43
39	Sundhara Securities Ltd.	56
40	Sweta Securities Pvt. Ltd.	25
41	Thrive Brokerage House Pvt. Limited	13
42	Trishakti Securities Public Pvt. Ltd.	48
43	Trisul Securities & Investment Ltd.	29
44	Vision Securities Pvt. Ltd.	34
45	Neev Securities Pvt. Ltd.	47
46	Dynamic Money Managers Securities Pvt. Ltd.	44
47	Secured Securities Ltd.	36
48	Sri Hari Securities Pvt. Ltd.	56
49	Sumeru Securities Pvt. Ltd.	39
50	Swarnalaxmi Securities Pvt. Ltd.	37

Other companies which have obtained a license from the Securities Board of Nepal (Sebon) can also perform the clearing function of stock transactions. The new provision is expected to minimise hassles for investors while buying and selling stocks. The system also makes it easier to acquire rights shares issued by the companies concerned.
“The new system allows traders to do multiple transaction on the same day,” said Dhungel. According to him, investors can also buy and sell shares in small quantities.
All the listed companies will have to open a Demat account at CDSC.

List of Registered Companies 

S.No.	Company	ISIN
1	ACE Development Bank Ltd.	NPE000A00007
2	Agricultural Development Bank	NPE001A00005
3	Everest Finance Co. Ltd.	NPE002A00003
4	Bank of Kathmandu Ltd.	NPE003A00001
5	Laxmi Bank Ltd.	NPE004A00009
6	Himalayan General Insurance Co. Ltd.	NPE005A00006
7	Shikhar Insurance Co. Ltd.	NPE006A00004
8	Nepal SBI Bank Ltd.	NPE007A00002
9	Siddhartha Insurance Limited	NPE008A00000
10	Siddartha Bank Ltd.	NPE009A00008
11	PrimeLife Insurance Co. Ltd.	NPE010A00006
12	Citizens Bank International Ltd.	NPE011A00004
13	Civil Bank Ltd.	NPE012A00002
14	Nepal Bangladesh Bank Ltd.	NPE013A00000
15	Sunrise Bank Ltd.	NPE014A00008
16	Nepal Life Insurance Co. Ltd.	NPE209A00004

17	Himalayan Bank Ltd.	NPE019A00007 (Ordinary Share)                                                     NPE019A00015 (Promoter Share)

CDSC UPDATE

Registered Companies:	17
Registered Clearing Members:	50
Licensed Depository Participants:	10
Beneficial Owners' Demat Account:	624
No. of Shares in Demat Form:	179814
Companies in Pipeline for Admission of Securities:	20
DPs in Pipeline:	2
As of 2014-07-22

Agricultural Development Bank ADBL expected to give around 30% dividend

Agricultural Development Bank Limited, one of the largest banks in the country, is expected to give around 30 percent dividend to the shareholders from the net profit it posted in the last fiscal year 2069/70.
“The management is expected to make some important announcement regarding the proposed dividend and the upcoming AGM during the bank’s anniversary on January 21,” informed a highly placed source.

The shareholders, who were dejected by the bank’s failure to deliver the pledged dividend for the previous fiscal year 2068/69, are very upbeat about dividend this time around as the bank is fairing much better.

IPO shares - Overview of Naya Nepal Laghubitta Bikash Bank Limited (NNLBBL)

Dhulikhel based Naya Nepal Laghubitta Bikash Bank Limited (NNLBBL) is issuing IPO from 3rd October 2013 till 7th October 2013. NLBBL a D class micro finance company which is licensed to operate in 10 districts of mid and eastern region of the country. It is issuing 60,000 units of share worth Rs.6,000,000 for the ordinary public -including 1,200 units for the staffs of the company and 3,000 units for the mutual funds. However, no mutual funds have applied for the shares. An investor can apply for minimum 50 units and maximum for 5,000 units.

Financial indicators of Commercial Banks of FY 2069/70

Financial indicators of Commercial Banks of the fiscal year 2069/70

Name of the company:                               Paid up captial /     Reserve /      Net Profit (Loss) / NPL   / EPS / P/E Ratio/ NWPS
1. Agricultural Development Bank Limited:    9636.800m        /5758.292m/           2259.947m      /5.72%  /58.55      /3.62     /267.88
2. Bank of Kathmandu Limited:                        1684.397m        /1632.658m             /617.090m      /1.50%   /36.64      /15.09   /196.93
3. Citizens' Bank International Bank Limited:   2101.84m        / 567.149 m             / 399.608 m    /2.02%   /19.01      /14.04   /126.98
4. Civil Bank Limited:                                             2000m            /153.099m               /121.264m     /0.50%    /7.56       /19.70   /107.65

Rising provision, NPA threaten to cast shadow over banks’ profits

Though profits posted by most commercial banks for FY 2069/70 came as great news for the entire banking sector, the scenario might not be as rosy as it seems. 

Most of the banks have set aside huge amount of provision for nonperforming assets (NPA) to make up for bad loans.

Net profit of commercial banks up

Commercial banks seem to have recovered from shadows of bad loans made in the past, as they registered a whopping rise in net profit last fiscal year.

The net profit of class ‘A’ financial institutions increased by 40 per cent in the last quarter of fiscal year 2012-13, according to their recently published unaudited financial reports. The 31 commercial banks have earned a net profit worth Rs 20.1 billion, which stood at Rs 14.3 billion in the corresponding period of the previous fiscal year. Only Kist Bank registered a loss.

Agricultural Dev Bank, BOK & Laxmi Bank profits 2.25 arba, 61.70 cr & 45.02 cr

Agricultural Development Bank has posted a profit of Rs 2.25 arba, a 22.83% rise over last year’s Rs 1.83 arba. The bank’s deposits rose 25.81% to Rs 54.39 arba and loans and advances increased 26.23% to Rs 49.77 arba. The bank’s EPS stands at Rs 58.55 and net worth at Rs 267.88.

Only two public enterprises (PEs), Nepal Telecom (NT) and Rastriya Banijya Bank (RBB) paid dividend to government

Of the 37 public enterprises (PEs) operating in the country, only two -- Nepal Telecom (NT) and Rastriya Banijya Bank (RBB) -- paid dividend to the government in the fiscal year 2011/12.

The Annual Review of PEs released by the Ministry of Finance (MoF) on Friday showed the government received Rs 6.26 billion in dividends, up from Rs 5.49 billion that it had received in 2010/11.

The government received only 6.11 percent returns on the investment that it made on PEs, majority of which are in red, in 2011/12. It invested Rs 102.41 billion in shares and Rs 101.23 billion in loan in the PEs until the end of the fiscal year 2011/12. Until 2010/11, its investment in shares and loan stood at Rs 92.19 billion and Rs 95.16 billion, respectively.

Agricultural Development Bank ADB AGM concludes; no dividends for shareholders

The sixth annual general meeting of Agricultural Development Bank held on Asar 26 approved the financial statement for the fiscal year 2068/69, and appointed the auditor for the upcoming years.

Unfortunately, the 5.26 percent cash dividend for general shareholders and 6 percent for preference shareholders announced earlier by the ADBL did not figure as an agenda in the AGM.

The Nepal Rastra Bank refused to grant permission for the dividend mainly due to the bank’s failure to convert Rs 16.25 crore issued capital to paid up capital.

IPO shares of Sana Kisan Bikas Bank Ltdover subscribed by 34 times.

Nepalese share market has witnessed yet another successful initial public offering in Sana Kishan Bikas Bank Limited.

It has been only a month since Mega Bank Ltd. closed its smashing IPO which end up collecting more than Rs 14 arba money from the general public.

Sana Kisan Bikas Bank Limited has collected Rs.201 crore (approximately) in just four days time frame, which comes around 34 times of the total Rs 60 million issues.

Sana Kishan IPO gets Rs 21 crore worth of applications in a single day; to close tomorrow

Investors have one more day to apply for Sana Kishan Bank IPO that is closing on July 10, tomorrow.

While the bank had collected Rs 11 crore in just two days of the IPO opening, in one single day on Tuesday, the IPO attracted Rs 21 plus crore worth of applications.

Officials at Elite Capital, the issue manager for the IPO, said the total collection by the end of the third day’s sales has reached Rs 33 crores.

Sana Kishan had issued a total of 6 lakh shares out of which 30,000 was set aside for mutual funds and 18,000 shares for the bank’s employees.

Sana Kisan Bikas Bank Limited IPO issue Kicks off Today. Good Investment Option open upto 26th Asar

Sana Kisan Bikas Bank Limited IPO issue Kicks off Today.

The company is floating 6,00,000 shares, out of which 30,000 has been set aside for mutual funds and 18,000 shares for the bank’s employees. The shares set aside for mutual funds have already been distributed equally among Nabil Balance Fund-1 and Siddhartha Investment Growth Scheme-1.

The minimum IPO closing date of this IPO is on 26th Ashad and maximum date it can extend its IPO if its undersubscribed is on 6th Shrawan, 2070. The bank has appointed Elite Capital Limited as its issue manager.

As per the financial statement published along with the IPO notice,