Kathmandu. The Securities and Exchange Board of Nepal (SEB) has given permission for the issuance of securities worth Rs. The Nepal Securities Board (NSB) has been allowed to issue ordinary shares worth Rs 10.93 billion, debentures worth Rs 10.64 billion, rights shares worth Rs 1.96 billion and mutual funds worth Rs 1.5 billion, according to data released by Nepal Rastra Bank on Tuesday. .

The stock market capitalization reached Rs. 3406.17 billion in mid-January 2012/13. In mid-July 2012/13, the market capitalization stood at Rs. 1792.76 billion in the corresponding period of the previous year. The number of companies listed on the Nepal Stock Exchange Limited in January 2012 is 216. Of the listed companies, 145 are banks and financial institutions and insurance companies, while 37 are hydropower companies, 19 are manufacturing and processing industries, 4/4 are hotels and businesses and 7 are other groups. The number of listed companies was 212 in July 2012.

Of the listed companies, banks and financial institutions and insurance companies accounted for 72.1 percent of the market capitalization. Similarly, the share of hydropower company is 6.2 percent, manufacturing and processing industry is 4.1 percent, hotel is 0.8 percent, business is 0.5 percent and other group companies have 16.2 percent. The paid up value of 5.40 billion shares listed on the Nepal Stock Exchange Limited as of January 2012 is Rs. 530.62 billion.