Tinau Bikas Bank pledged 15% bonus share & 0.79% cash; Gaumukhee Bikas Bank proposed 4% bonus & 8% cash

Tinau Bikas Bank Limited has pledged 15 percent bonus share and 0.79 percent cash dividend for the tax purpose to its shareholders from the profit it posted in the last fiscal year 2070/71.

Shares of Mission Development Bank, Gaumukhi Bikash Bank and Namaste Bittiya Sanstha get listed

The shares of Mission Development Bank, Gaumukhi Bikash Bank Limited and Namaste Bittiya Sanstha Limited have been listed with the Nepal Stock Exchange Limited (NEPSE).

This is stated in separate notices issued by the NEPSE today.

Namaste Bittiya Sanstha & Gaumukhee Bikas Bank IPO results will come tomorrow

Namaste Bittiya Sanstha and Gaumukhee Bikas Bank are set to declare the results of their IPO on Asar 27th. The allotment timings are 11:00 AM and 3:00 PM respectively. As per the official of NMB Capital- the issue manager for both the IPOs, the allotment would take place at the merchant banker’s office in Babarmahal, Kathmandu.
The oversubscription amount would be refunded to the applicants by the first week of Shrawan.

Namaste Bittiya Sanstha’s IPO that had floated 100,000 unit shares on June 7 and was oversubscribed nearly three times. Likewise, Gaumukhee Bikas Bank had issued 1,20,000 units shares on June 12, allocating 2400 units for employees and 6000 units for mutual fund companies.
src : sharesansar