Nepal Stock Exchange (NEPSE)

Securities Act, 2063 requires license to be obtained from SEBON to operate a stock exchange in Nepal. As of now, NEPSE is the only stock exchange operating under Securities Act, 2063. NEPSE has been registered as a company under Companies Act, 2074.

Basic Objective: Impart free marketability and liquidity to the government and corporate securities by facilitating transactions in its trading floor through member, market intermediaries, such as broker, market makers etc.

History:
The history of securities market in Nepal begins with the flotation of shares by Biratnagar Jute Mills Ltd. and Nepal Bank Ltd. in 1937. Later in 1964, Company Act was brought into effect along with the first issuance of Government Bond in the same year.
In 1976, Securities Exchange Center Ltd. was established which would later be known as NEPSE. Securities Exchange Center was established with an objective of facilitating and promoting the growth of capital markets. Before conversion into stock exchange it was the only capital markets institution undertaking the job of brokering, underwriting, managing public issue, market making for government bonds and other financial services.
In 1993, Nepal Government, under a program initiated to reform capital markets converted Securities Exchange Center into Nepal Stock Exchange.

First Trading Floor: 13th January, 1994
NEPSE Automated Trading System (NATS): 24th August, 2007

Holding Structure:

HoldersOwnership Percentage
Government of Nepal (GoN)58.66%
Nepal Rastra Bank (NRB)34.60%
Rastriya Banijya Bank (RBB)6.12%
Members*0.62%
*Members include Security Business Persons (Brokers, Dealers, Market Makers, Issue Managers) | Refer Section 2(j), 2(k), 63 of Securities Act, 2063.