Listed companies in NEPSE are only allowed to trade in the stock market of Nepal. Currently, there are more than 260 companies are traded in Nepal Stock Exchange Limited (NEPSE). In Nepal, NEPSE is open from Sunday to Friday where Friday is closed for transactions.
Share are traded in NEPSE from Sunday to Thursday from 11.00 AM to 15.00 PM. There are 9 categories, more than 260listed companies in NEPSE which are as follows:
Table of Contents
Commercial banks are listed under the ‘A’ category. There is 27 ‘A’ class bank in Nepal including Agriculture Development Bank Limited. The commercial bank should issue the specific percentage of share to the general public as a form of IPO to listed in NEPSE.
NEPSE provide the stock symbol to all banks after the allotment of shares which was issued to the general public. The minimum paid-up capital for an A-class bank is Rs 8 Arba. The banking index is 1857 in NEPSE.
Development banks are listed under the ‘B’ category of the bank. There are three types of development banks under geographical location which are i) 1-3 district banks, ii) 4-10 district banks, and iii) national level banks.
The minimum paid-up capital for B-level banks is Rs 500 million, 1.2 billion, and 2.5 billion respectively. The regulation about increment in paid-up capital, many development banks were merged and acquisition by other financial institution. The NEPSE index is 3450 of development banks.
There are 2 types of financial companies in Nepal which are 1-3 district type and national level finance companies. The base requirement of paid-up capital is Rs 800 million and 400 million respectively.
Micro Finance Company:
Micro-Finances are categorized under the ‘D’ category of the bank. Currently, there is 49 micro finances are listed in NEPSE. The market price of microfinance in the NEPSE floor sheet is relatively high as compared to another type (Commercial, development, and finance) of financial institution.
Lower outstanding shares, less supply of shares, and high return of cash dividend and bonus share to shareholders is the major reason for the high price of microfinance shares.
Hotel and Tourism:
There are three hotels and one tourism place are listed in Nepal. There were just three hotels before, but recently Chandragiri Hills issued IPO to the general public so this company also added under the hotel & tourism sector.
|S.N.||Symbol||Company Name||Listed Shares||Recent EPS||Market price as on 27th May 2021|
|1||OHL||Oriental Hotels Limited||11,280,904.00||-24.96||Rs 455|
|2||SHL||Soaltee Hotel Limited||73,267,011.00||-2.16||Rs 212|
|3||TRH||Taragaon Regency Hotel Limited||18,860,197.00||-9.28||Rs 322|
|4||CGH||Chandragiri Hills Limited||15,340,910.00||-15.74||Rs 1795|
Because of the Corona Pandemic hotel and tourism sector are in great trouble because the international flight is not allowed and people are afraid to go another place to visit so hotel and tourism sector are bearing the heavy loss.
So, Nepal Government should bring different packages to boost the country’s hotel and tourism sector. Although all hotels and CGH have negative EPS, they are traded in the market with competitive prices and CGH with a high price.
There are four investment companies are traded on the NEPSE floor sheet. All the companies are traded at high market prices. A limited supply of shares in the market and a high return to investors is the major reason for being high market price.
|S.N.||Symbol||Company Name||Listed Shares||Recent EPS||Market price as on 27th May 2021|
|1||CIT||Citizen Investment Trust||29,999,308.00||26.31||Rs 4003|
|2||HIDCL||Hydorelectricity Investment and Development Company Ltd||110,000,000.00||5.16||Rs 578|
|3||NIFRA||Nepal Infrastructure Bank Limited||200,000,000.00||3.93||Rs 530|
|4||NRN||NRN Infrastructure and Development Limited||11,649,635.00||1.97||Rs 748|
As comparing with EPS, all stock market is higher but all companies have great future and investor believe they will get the good return in near future.
Currently, there are 40 companies are listed in NEPSE under the hydropower category. Many hydro companies are in pipeline to issue the IPO for the general public. RURU Jalvidut Pariyojana limited, Butwal Power Company Limited, Chilime Hydro Power Company Limited, Upper Tamakoshi Hydropower Limited is the top hydropower company for investors in Nepal.
Most of the hydropower is in a loss situation. Furthermore, ineffective management system, less working progress, weak regulatory body, much politics inside the company is the major reason of hydro company being financially weak.
|1||AHPC||Arun Valley Hydropower Development Co. Ltd.|
|2||BPCL||Butwal Power Company Limited|
|3||CHCL||Chilime Hydropower Company Limited|
|4||NHPC||National Hydro Power Company Limited|
|5||SHPC||Sanima Mai Hydropower Ltd.|
|6||RHPC||Ridi Hydropower Development Company Ltd.|
|7||HURJA||Himalaya Urja Bikas Company Limited|
|8||AKPL||Arun Kabeli Power Ltd.|
|9||BARUN||Barun Hydropower Co. Ltd.|
|10||API||Api Power Company Ltd.|
|11||NGPL||Ngadi Group Power Ltd.|
|12||SJCL||SANJEN JALAVIDHYUT COMPANY LIMITED|
|13||RHPL||RASUWAGADHI HYDROPOWER COMPANY LIMITED|
|14||UMHL||United Modi Hydropower Ltd.|
|15||UPCL||UNIVERSAL POWER COMPANY LTD|
|16||SPDL||Synergy Power Development Ltd.|
|17||KHCL||Khanikhola Hydropower Co. Ltd.|
|18||HPPL||Himalayan Power Partner Ltd.|
|19||DHPL||Dibyashwori Hydropower Ltd.|
|20||MHNL||Mountain Hydro Nepal Limited|
|21||CHL||Chhyangdi Hydropower Ltd.|
|22||NHDL||Nepal Hydro Developers Ltd.|
|23||RADHI||Radhi Bidyut Company Ltd|
|24||KPCL||Kalika power Company Ltd|
|25||RRHP||Rairang Hydropower Development Company Ltd.|
|26||GHL||Ghalemdi Hydro Limited|
|27||PMHPL||Panchakanya Mai Hydropower Ltd|
|28||HLH||Greenlife Hydropower Limited|
|29||AKJCL||Ankhu Khola Jalvidhyut Company Ltd|
|30||LEC||Liberty Energy Company Limited|
|31||SHEL||Singati Hydro Energy Limited|
|32||PPCL||Panchthar Power Company Limited|
|33||SSHL||Shiva Shree Hydropower Limited|
|34||JOSHI||Joshi Hydropower Development Company Ltd|
|35||UPPER||Upper Tamakoshi Hydropower Ltd|
|36||UNHPL||Union Hydropower Limited|
|37||HDHPC||Himal Dolakha Hydropower Company Limited|
|38||MEN||Mountain Energy Nepal Limited|
|39||UMRH||United IDI Mardi RB Hydropower Limited.|
|40||RURU||Ru Ru Jalbidhyut Pariyojana Limited|
There are 10 life insurance in Nepal and a couple of insurance are in pipeline to issue the IPO for the general public. National life insurance company limited, Nepal Life Insurance Company Limited, Life Insurance Corporation Nepal Limited, and Surya life insurance company limited is the dominant company in the life insurance sector.
The minimum paid-up capital requirement for life insurance is Rs 2 Arba and many companies are still not meet the minimum benchmark of capital requirement. PLIC, LICN, ALICL, SLICL, and GLICL still require to meet their paid-up capital and GLICL still need more than 1 crore amount to meet their benchmark.
|S.N||Symbol||Company Name||Listed Shares||Recent EPS||Market price as on 27th May 2021|
|1||NLICL||National Life Insurance Company Limited||33,908,892.00||12.68||RS 1275|
|2||NLIC||Nepal Life Insurance Company Limited|
|3||LICN||Life Insurance Corporation Nepal Limited||22,110,000.00||9.27||RS 2385|
|4||ALICL||Asian Life Insurance Company Limited||20,107,607.00||12.08||RS 1490|
|5||PLIC||Prime Life Insurance Company Limited||24,170,570.00||12.61||RS 975|
|6||SLICL||Surya Life Insurance Company Limited||22,628,945.00||17.15||RS 1034|
|7||JLI||Jyoti Life Insurance Company Limited|
|8||PLI||Prabhu Life Insurance Limited||20,000,000.00||9.19||RS 819|
|9||GLICL||Gurans Life Insurance Company Limited||19,755,846.00||7.04||RS 859|
|10||RLI||Reliance Life Insurance Limited||21,000,000.00||4.18||RS 725|
There are 18 non-life insurance companies are listed in NEPSE. According to the regulation of Beema Samiti, the base paid-up-capital requirement for non-life insurance companies is 1 Arba. The NEPSE index of non-life insurance is 14452 which is so higher as compared to the overall NEPSE index.
|S.N||Symbol||Company Name||Listed Shares|
|1||NICL||Nepal Insurance Company Limited||12,423,386.00|
|2||UIC||United Insurance Company(Nepal) Limited||10,281,600.00|
|3||HGI||Himalayan general Insurance Company Limited||11,003,366.00|
|4||EIC||Everest Insurance Company Limited||11,836,044.00|
|5||PIC||Premier Insurance Company Limited||10,745,600.00|
|6||NIL||Neco Insurance Company Limited||13,174,318.00|
|7||SIC||Sagarmatha Insurance Company Limited||10,012,230.00|
|8||IGI||IME general insurance Limited||11,575,645.00|
|9||PICL||Prudential Insurance Company Limited||1,085,466.00|
|10||LGIL||Lumbini general insurance Limited||11,418,000.00|
|11||SICL||Shikhar Insurance Company Limited||17,561,898.00|
|12||SIL||Siddhartha Insurance Limited||10,000,000.00|
|13||NLG||NLG Insurance Company Limited||10,963,755.00|
|14||RBCL||Rastriya Beema Company Limited||2,666,390.00|
|15||PRIN||Prabhu Insurance Company Limited||11,619,025.00|
|16||GIC||General Insurance Company Nepal Limited|
|17||SGI||Sanima General Insurance Limited||10,000,000.00|
|18||AIL||Ajod insurance Limited||10,000,000.00|