157.8 Million Shares Listed in NEPSE

Around 157.8 million shares have been listed in Nepal Stock Exchange (NEPSE) in the FY 2012-13. The numbers of listed shares have increased by 3 per cent from the previous fiscal year. At the end of FY 2011-2012, the listed shares in NEPSE were around 1.14 billion which increased to around 1.30 billion in 2012-13.

 

Securities Board of Nepal (SEBON) grants share issuance permits for a total of Rs 20.31 billion.  According to a SEBON source, permission has been given to issue IPO of Rs 3.51 billion to 23 companies, right shares of Rs 3.94 billion to 5 companies, bonus shares of Rs 4.60 billion to 52 companies and bond issuance of Rs 3.15 billion to 7 companies. 

 

Market Size Increased by 40pc

Compared to FY 2011-2012, market capitalisation of the share market has increased by 40 per cent in FY 2012-13. Market capitalisation in the previous fiscal year had increased by 13.84 per cent. During the end of FY 2011- 2012, the total market capitalisation of companies listed in NEPSE was Rs 368 billion which increased to Rs 514 billion in FY 2012-13. 

 

According to Anjan Raj Poudyal, former President of Stock Brokers Association of Nepal (SEBAN), the increment in the share market size is caused by the rise in the number of listed companies as well as rise in the number of shares listed and number of investors within this year. He also said the operation of essential infrastructures like CDS & Clearing and mutual funds also helped to increase the market size. Poudyal added, “The number of investors is also increasing lately.

 

Transaction Amount Doubled

The transaction amount of total shares in the FY 2012-13 has increased by 114 per cent than of the FY 2011-12. The share transaction was of Rs 10.27 billion in FY 2011-12 which reached Rs 22.4 billion in FY 2012-13.

 

Listed Companies 230

The number of listed companiesby the end of fiscal year 2012-13 has reached 230. Among the listed companies, 198 are banks and financial institutions, 18 manufacturing and processing industries, 4 hotels, 4 trading organisations, 4 hydropower companies and 2 others. There were 216 listed companies in FY 2011-12.