By A Staff Reporter
Kathmandu, June 20: Securities Board of Nepal (SEBON) has approved the total issuance of securities worth Rs. 40.43 billion during the first ten months of the current fiscal year 2020/21.
According to the data provided by Nepal Rastra Bank, the SEBON has given permission to the concerned companies to issue debentures worth Rs. 17.54 billion, ordinary shares worth Rs. 13.34 billion, mutual funds worth Rs. 6.5 billion and rights shares worth Rs. 3.5 billion by mid-May, 2021.
The paid-up value of 5.70 billion shares listed at NEPSE stood Rs. 560.88 billion in mid-May 2021.
Securities worth Rs. 327.40 billion were listed at NEPSE during the ten months of the current fiscal year. Such securities comprise government development bond worth Rs. 219.95 billion, ordinary shares worth Rs. 41.33 billion, bonus shares worth Rs. 43.20 billion, debenture worth Rs. 14.55 billion, right shares worth Rs. 5.52 billion and mutual fund worth Rs. 2.85 billion.
The paid-up value of 5.70 billion shares listed at NEPSE stood Rs. 560.88 billion in mid-May 2021.
Share of BFIs and insurance companies in stock market capitalization is 68.3 per cent. The share of hydropower companies is 8.4 per cent, investment companies 7.8 per cent, manufacturing and processing industries 3.9 per cent, hotels 1.4 per cent, trading companies 0.6 per cent and the share of other sector companies is 9.6 per cent.
Number of companies listed at NEPSE reached 220, out of which 145 are Bank and Financial Institutions (BFIs) and insurance companies, 40 hydropower companies, 19 manufacturing and processing industries, five hotels, four trading companies, four investment companies and three others.
The number of companies listed at NEPSE was 212 as of mid-July 2020.