KATHMANDU, June 23: The government is considering allowing public limited companies to issue their primary shares at the face value of less than Rs 100 per unit.
Except for the schemes of mutual funds and a number of cases, the Securities Board of Nepal has been permitting the companies concerned to float their shares at the floor price of Rs 100 per unit. The new draft of the ‘Company Law Bill, 2025 prepared by the Ministry of Industry, Commerce and Supplies proposes a provision that companies can now issue shares at prices other than Rs 100.
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According to the initial draft of the bill, the minimum face value of shares of a public company can be set at Rs 50 or an amount that is divided by 10 digits. If this provision is implemented, it will pave the way for companies to issue shares with a face value of Rs 10, Rs 20, Rs 30 or Rs 50, in addition to the prevailing provision of Rs 100.
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