Learn
Plain-English guides
to the Nepal share market.
Short, opinionated reads on the parts of NEPSE most new investors get stuck on.
Looking for step-by-step how-tos for the app? See the Punji guides →
०१
How to choose a NEPSE app.
Seven things that separate the apps for the Nepal share market, each checkable in about two minutes. Published by Punji, and it says so.
7 min
०२
How to invest in the Nepal share market.
The whole path in one place: DEMAT and MeroShare, IPOs through CASBA, buying on TMS, the real fees, WACC, EDIS and capital gains tax.
10 min
०३
What is NEPSE? A complete guide to the Nepal Stock Exchange.
History, listed sectors, indices, trading hours and the rules that shape the Nepali capital market.
6 min
०४
NEPSE trading hours and session timings.
When NEPSE opens, when it closes, and what happens during Pre-Open, Continuous and Post-Close.
4 min
०५
How to apply for an IPO in Nepal.
Step by step: open a DEMAT, link Mero Share, choose the issue, pay through C-ASBA.
7 min
०६
Capital gains tax on NEPSE shares, explained.
Short-term vs long-term bands, broker commission, and where the numbers actually come from.
6 min
०७
How to read the NEPSE floorsheet (and why it matters).
Where every NEPSE trade leaves a fingerprint. Broker activity, accumulation, block trades.
5 min
०८
How to open a DEMAT account in Nepal.
Which DP to visit, documents needed, annual fee framing, and what to do after your BOID arrives.
6 min
०९
Mero Share guide: login, IPO application, EDIS and holdings.
What Mero Share is, how to log in for the first time, apply for IPOs, authorise sales via EDIS, and view your DEMAT holdings.
7 min
१०
Bonus shares vs rights shares in Nepal, explained.
How each affects price, quantity and cost basis, and what action (if any) shareholders must take.
6 min
११
Dividends in Nepal explained: cash, bonus, tax and key dates.
Cash and bonus dividends, book closure dates, 5% withholding tax on cash dividends, and when the money arrives.
5 min
१२
NEPSE trading calendar and holidays explained.
Monday to Friday trading since April 2026, which festivals close the exchange, and how to check live market status.
4 min
१३
How NEPSE trading works: orders, settlement and circuit breakers.
Broker account, limit orders, T+2 settlement, circuit breakers and how cash and shares actually move.
7 min
१४
New NEPSE CGT rates for FY 2083/84: 10% short-term, 7.5% long-term.
Nepal raised capital gains tax from Shrawan 1, 2083. Worked examples and what the change means for holding decisions.
5 min
१५
NEPSE 15% price limit and circuit breakers explained.
April 2026: daily stock limit raised from 10% to 15%. Index circuit breakers at 5% (15-min halt) and 8% (close for day).
5 min
१६
SEBON new IPO rules 2026: retail discount and book-building changes.
Retail minimum 50 units, 10% discount on the institutional price, and eased eligibility for companies with 1 arba paid-up capital.
5 min
१७
NEPSE After Market Order (AMO), explained.
AMO went live in the TMS on 13 August 2026. Place an order while the market is closed and it queues for the next session. Timings and limits.
4 min
१८
How to calculate and update WACC in MeroShare.
Your average buying price decides your capital gains tax. What WACC means, the exact steps, and what a wrong figure costs.
5 min
१९
EDIS in MeroShare: transferring shares after you sell.
Selling on the TMS is half the job. The transfer, the T+2 clock, and the penalty for missing the deadline.
5 min
२०
Right shares in Nepal: how to apply, and what happens if you don't.
The ratio, the book closure price adjustment, the application flow, and the auction of unsold rights.
6 min
२१
Promoter shares vs ordinary shares in Nepal.
Why two share classes of one company trade at different prices: the three-year lock-in and the transfer rules.
5 min
२२
How to start a SIP in Nepal.
A fixed amount into a mutual fund every month. How to set one up, what it costs, and what it does not protect you from.
6 min
२३
Open-end vs closed-end mutual funds in Nepal.
One lists on NEPSE and trades below NAV. The other is bought at NAV. Why the discount exists and which suits you.
6 min
२४
Margin lending in Nepal: buying shares with borrowed money.
SEBON's 2082 directive, the initial margin by company class, and what a margin call actually does to you.
6 min
२५
Debentures and corporate bonds in Nepal.
Fixed interest, fixed term, listed on NEPSE. How they differ from shares and deposits, and what SEBON has drafted.
6 min
२६
ASBA vs C-ASBA: what is the difference?
Your money is blocked, not taken. What the CRN is for, and the usual reasons an application gets rejected.
4 min
२७
FPO vs IPO: what Nepali investors need to know.
An FPO comes from a company already listed, and does not have to be priced at Rs 100. What the premium means.
5 min
२८
How to use the NEPSE TMS.
Collateral, limit orders, paying for a purchase, and the EDIS step that actually finishes a sale.
6 min
२९
How to evaluate banking stocks in NEPSE.
Banks are not analysed like other companies. What NPL, capital adequacy and EPS tell you, against the NRB minimums.
7 min
३०
P/E ratio and book value, for Nepali stocks.
What each actually measures, why face value is not book value, and the bonus-share trap that fools both.
6 min