Nepal’s capital market posted strong year-on-year growth, with both the NEPSE index and market capitalization rising significantly as of mid-May 2025. According to the Nepal Rastra Bank’s latest report on the current macroeconomic and financial situation of Nepal based on ten-month data ending mid-May 2025, activity in the securities market also remained steady during the ten-month review period of the current fiscal year.
The NEPSE index stood at 2,620.27 in mid-May 2025, up from 1,998.89 a year earlier. Likewise, stock market capitalization rose to Rs 4,358.71 billion from Rs 3,169.48 billion over the same period, indicating strong investor interest and an expanding market base.
The number of companies listed on the Nepal Stock Exchange (NEPSE) reached 271 in mid-May 2025, slightly down from 272 in mid-May 2024. Of the total listings, 132 companies were banks and financial institutions (BFIs) and insurance companies, 91 were hydropower companies, and 23 were in the manufacturing and processing sector. The rest included seven hotels, seven investment companies, four trading companies, and seven others.
As of mid-May 2025, BFIs and insurance companies accounted for the largest share of total stock market capitalization at 52.4 percent. Hydropower companies held a 15.5 percent share, followed by investment companies with 8.0 percent, trading and manufacturing and processing industries each with 5.6 percent, hotels with 2.7 percent, and other companies with a combined share of 10.1 percent.
The paid-up value of the 8.74 billion shares listed at NEPSE stood at Rs 861.39 billion in mid-May 2025.
During the ten months of the current fiscal year 2024/25, securities worth Rs 58.43 billion were listed on NEPSE. These listings comprised bonus shares worth Rs 21.08 billion, ordinary shares worth Rs 20.38 billion, rights shares worth Rs 11.65 billion, mutual funds worth Rs 1.25 billion, further public offerings (FPOs) worth Rs 106.89 million, and other securities worth Rs 3.96 billion.
The Securities Board of Nepal (SEBON) approved public issuances totaling Rs 34.05 billion during the ten-month review period. This included rights shares worth Rs 13.19 billion, mutual fund units worth Rs 11.80 billion, debentures worth Rs 6.82 billion, and ordinary shares worth Rs 2.24 billion.
