NEPSE
Nepal's stock market, listings and the regulator.
The long view The Nepal Stock Exchange
SEBON puts NEPSE overhaul and margin lending at top of reform agenda
Nepal's securities regulator promises margin lending within the Nepali month of Asoj 2083 and new trading instruments before fiscal year 2083/84 ends, while pressing single-owner brokerages to merge or corporatise.
NEPSE inches up 0.18% as SEBON cuts promoter share-sale notice to five trading days
Turnover fell 18% in the week to 9 October, and only banks gained ground. Now founding shareholders can sell up to 15% of their stakes without warning. Here is what that means for promoters and retail investors.
SEBON's IPO backlog has become a tax on Nepali capital
Companies wait years to learn whether they may raise money. A regulator that published a clock and its reasons would serve investors better than one that simply waits.
Rs 122.8bn of share, bond and fund issues wait at SEBON, some since 2023
Nepal's securities regulator holds 153 applications to sell shares, bonds and fund units. Steel and cement makers want premium prices, and a bank with thinning capital wants Rs 7.46bn from its shareholders.
SEBON eases its share-sale notice rule to 15% and five trading days after investor protests
Six weeks after it required big shareholders to announce sales 15 days ahead, the regulator has narrowed the rule to founding holders and large sales, and added a duty to disclose buy-backs.
Unilever Nepal's profit falls 19.5% on input costs while Himalayan Distillery's rises 28%
Nepal's listed manufacturers ended 2082/83 with sharply different fortunes. Costs squeezed a soap maker, a distiller grew, and a cement maker held its profit as sales shrank.
Nabil's shareholders approve a 15.8% dividend as bank payouts range from 2% to 20%
Bank boards have proposed their dividends for 2082/83. The spread is wide, and for the first time several must also pay holders of their new preference shares.
Hydropower developers push back on SEBON's draft IPO rules as 34 power issues wait in line
Power producers say a proposed net-worth test and an operating-history requirement could shut most hydropower projects out of the public market, which they rely on for construction money.
Nepal needs a deeper stock market, and first an honest one
More margin lending and new trading tools will not restore confidence. Enforcement and disclosure will.
SEBON plans a cautious, phased start to intraday trading
Nepal's regulator wants to let investors buy and sell the same share in one day, but only in liquid stocks and only after margin lending rules are in place.
Ten shares and a lottery: why Nepal's IPOs are oversubscribed many times over
Millions of Nepalis apply for every new issue, most leave with nothing, and the system shapes how the whole market behaves.
How Nepal's stock market works: NEPSE, Meroshare and the 8m-account investor base
A plain-English guide to a small, retail-driven exchange: who can invest, how Meroshare and brokers work, what this year's tax and trading-rule changes mean, and why banks and hydropower dominate.
NEPSE ends a nervous week flat as a share-sale notice rule rattles investors
A Friday rally rescued the index, but the regulator's 15-day notice rule for large sellers remains the market's main worry before the Dashain holiday.
Anil Keshary Shah: the banker who keeps coming back to Nabil
A career chief executive whose 2018 return to Nabil was held up by a new central-bank rule, and who then joined the party that went on to win Nepal's 2026 election, is back on the board of one of the country's largest banks.
Rajendra Khetan sold the beer and bought the payments rails
After an arbitration with Carlsberg set a $744m price on his family's stake, the chairman of one of Nepal's oldest business houses is buying into Laxmi Sunrise Bank and Fonepay, the switch behind most of the country's QR payments.
Ang Tshering Sherpa built the Yeti group from a trekking kitchen. His heirs inherited its hardest tests
Seven years after the Yeti founder died in a helicopter crash, the group he built has lost control of its airline to an insurer, is preparing a share offering and faces a court case over state land in Kathmandu.
Nepal's oldest industrial house and the court cases facing its chairman, Shekhar Golchha
The Golchha family's roots go back to Nepal's first factory. Its chairman, a former FNCCI president, is now a defendant in insurance and money-laundering cases linked to Himalayan Reinsurance. He denies wrongdoing and is on bail.
Nepal halved its tax on share profits months after raising it, and the harder reforms are still ahead
A 21-point plan to revive NEPSE has cut capital gains tax to 3.75% and 5%. Margin trading, a new index and access for Nepalis abroad depend on deadlines that start this month.