Sana Kisan Bikas Bank Limited (SKBBL) - Fundamental Analysis of FY 2070/71

साना किसान विकास बैंक लिमिटेडको विश्लेषण
पूँजी, जगेडा, निक्षेप तथा लगानी
चुक्ता पूँजी २३ करोड ६ लाख ८२ हजार ३ सय, जगेडा ६५ करोड ८६ लाख ७५ हजार ५ सय ५०, सापटी ५ अरब २२ करोड ३५ लाख ४३ हजार ४ सय ७०, कर्जा लगानी ५ अरब ३६ करोड ६२ लाख २६ हजार २ सय र अन्य लगानी २० करोड १० लाख १० हजार रहेको छ /

Sana Kisan Bikas Bank proposes 26% dividend, including 15% bonus shares

Sana Kisan Bikas Bank has proposed 26 percent dividend, including 15 percent bonus shares to the shareholders from the net profit it posted in the last fiscal year 2069/70.

A just held meeting of the micro finance development has decided to pledge this dividend, which, however, is subject to the approval of the central bank and the upcoming AGM of the development bank.

Share market static as Dashain approaches

The stock exchange this week — September 29 to October 3 — witnessed more than 45.6 million units of ordinary shares getting listed, while the market remained almost static due to the fast approaching Dashain.

Four financial institutions — Rural Microfinance Development Center, Hamro Bikas Bank, Jebil’s Finance and Sana Kisan Bikas Bank — that had conducted their Initial Public Offerings in July, got their 9.8 million units of ordinary shares listed at Nepal Stock Exchange (Nepse) for trading this week.

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.

Sana Kisan & RMDC - Listing before Dashain at NEPSE.

The much-sought after shares of Sana Kisan Bikas Bank and Rural Microfinance Development Center (RMDC) will be listed before Dashain, the concerned officials informed.

The two emerging microfinance banks are in the process of finalizing Registrar to Share (RTS) before launching the share trading, the officials informed today.

Sana Kisan shares certificate distribution from Yesterday & listing by September 13

Sana Kisan Bikash Bank Limited has started to distribute IPO share certificates from Sunday, and the shares are likely to be listed later this week.

“We have started distributing the remaining IPO shares from today,” Liladhar Dhital, an official at the bank, told Sharesansar. “And, we plan to get the shares listed by September 13.”

Sana Kisan Bank and RMDC allot IPO shares

Two microfinance banks — Sana Kisan Bikas Bank and Rural Microfinance Development Center (RMDC) — have allotted shares to the public.

Sana Kisan Bikas Bank has allotted 3.2 per cent of the applied amount that is between 10 to 16 unit shares to small investors who had applied for less than 500 shares. Big investors who had applied for more than 500 units have been allotted 2.4 per cent of the applied amount. Likewise, investors who had applied for between 50 to 290 units were offered 10 units based on a lottery system.

Sana Kishan Bikas Bank (SKBBL) IPO allotment result view Online

Sana Kishan Bikas Bank Limited has allotted shares of its IPO today.
CLICK HERE TO VIEW ONLINE RESULT

Of the total 21,038 small investors, those who had applied for 50-290 units have been offered 10 unit shares on the basis of lottery system and applications for up to 500 shares were allotted 10 to 16 unit shares as per 3.239% ratio. Investors who fell in this category had applied for a combined total of 6,817,430 unit shares.

Sana Kishan IPO allotment on wed, 2.2% & 3.5% likey for Big & small investors

Sana Kishan Bikas bank is set to allot shares of its IPO on Wednesday. The allotment will take place at Indreni Complex in New Baneshwar at 10 am.

The issue manager said that big investors will be allotted shares worth 2.2 percent of their investment in the IPO, whereas small investors will get 3.5 percent. Fate of the applications for up to 290 unit shares would be decided through lottery.

Listing Price of Namaste, Sana Kisan & RMDC - Predictions

Listing Price of Namaste, Sana Kisan & RMDC - Predictions


Namaste: Rs 125
Sana Kishan & RMDC above Rs 500.
Predicted by: RichyRich

Namaste-Rs.115+
Sana Kishan- Rs.315+
RMDC- Rs.360+
Predicted by: nepal1

Sana Kisan Bikas Bank Limited (SKBBL) IPO shares allotment for small & large investors - Predictions

According to Karobar daily Sana Kishan Bikash Bank's IPO has been over subscribed by 36 times.

Sana Kisan Bikas Bank Limited (SKBBL) IPO shares allotment prediction for small & large investors.

1. 2% for large investors and 5% for small investors - Predicted by Red Bull

Src : Jambforum

5.5% for small & 2% for big investors - Sana Kisan Bikas Bank Limited (SKBBL) IPO allotment prediction

Total issue to public is 5,52,00,000(except staff & mutual fund). If total collection is 2 arab than we assume that small investor applied 40 crore(it may be maximum) and big investor 160 crore. According to allotment module small investor reserved 40%, means 2,20,80,000 and remaining to big investor 3,31,20,000. Small and big investor applied 18 and 48 times more respectively than small investor will get at least 5.50% and big investor get 2%. Therefore small investors don't worry by over subscription.

Predicted by Red Bull, nepalsharemarket.

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 Bikash Bank Ltd. IPO closing after the banking hour today.

Sana Kishan Bikash Bank Ltd. has issued notice regarding the closing of IPO after the banking hour today.
src : nepalsharemarket

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.

Expert Opinion on Sana Kisan Bikas Bank Limited (SKBBL) IPO : Apply for 200 units or just 50units as allocation % will be low.

Its better to wait till the third day and apply on the fourth day. If you think Sana Kishan will be over subscribed by more than 20 times by the end of fourth day then I think you should go for single application of 250 units to make sure that you will be allotted a certain units of shares. If you are short of funds then apply for 50 units. This is my suggestion. Please consult other as well.

Comments of Freak Money (With Due Respect) on Jamb Forum.

Comparative IPO Analysis of Rural Microfinance Dev. Corporation (RMDC) and Sana Kishan Bikash Bank Ltd (SKBBL)

Comparative IPO Analysis of Rural Microfinance Dev. Corporation (RMDC) and Sana Kishan Bikash Bank Ltd (SKBBL).
src: jamb news services

IPOs witness three-fold rise this fiscal

Primary share investors had a lot to choose from as the number of primary issues offered this year was three times more than the initial offerings in last fiscal year.

The capital market will see Initial Public Offerings (IPOs) of 18 financial institutions, one insurance firm and one hydropower firm before the fiscal year ends. The IPOs will offer about 300 million unit shares worth Rs 3.8 billion.

The year started with Khandbari Bikas Bank’s public issue worth Rs 15 million and will now end with Rural Microfinance Development Centre (RMDC)’s IPO that will be issuing 1.56 million shares with premium price of Rs 180.

Securities Board of Nepal (Sebon) has given a green signal to the public issue of 21 companies, debenture issues of seven commercial banks, and two mutual fund issues.

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,

IPO of Sana Kisan Bikash Bank & Rural Microfinance Development Centre (RMDC) affects secondary market.

Nearing fiscal year end and IPOs of Sana Kisan Bikash Bank Limited and Rural Microfinance Development Centre Ltd. swept away the positive sentiment of the market that was seen last week from the news of NRB in process to increase the paid up capital of financial institutions, this week.

The market index came down by 1.91 points to close at 493.63 levels by the end of this week.

The pressure of the upcoming fiscal year closing has kept the investors short of cash as they are obligated to either pay the debt or omitted from getting share loans. Along with this scenario, the investors holding back to invest in the upcoming two of the appealing IPOs from next week have even further saturated the market this week.

The market turnover fell by 11 percent this week to total around Rs 378.85 million with a daily average of Rs75.77 million compared to Rs 84.91 million of the prior week.