Kathmandu, Dec 4
Additional stocks equivalent to around Rs 11.33 billion have been listed in the Nepal Stock Exchange (NEPSE).
According to the latest details issued by the Nepal Rastra Bank (NRB), the paid-up capital of the companies listed in the NEPSE has surpassed Rs 360 billion.
A total of 198 companies have been registered at the NEPSE and among them, 147 are banks and financial institutions.
The value of issued IPOs is Rs 3.05 billion while that of the issued rights share is equivalent to Rs 3.12 billion. Likewise, the value of bonus shares is Rs 5.16 billion. Of 198 listed companies, 18 are related to manufacturing and processing, and 21 are hydropower projects. Four each are related to hotel and trade group while four are related to others.
The bad news is time flies. The good news is you’re the pilot.Michael Altshuler