Deevyaa Securities & Stock House Pvt. Ltd. (Broker no. 59) is on a mission to cultivate a distinctive organizational culture that empowers investors in Nepal to surmount all challenges related to service, information exchange, support, and customer care.
As a licensed stockbroker under the Securities Board of Nepal (SEBON), a proud member of the Nepal Stock Exchange Limited (NEPSE), and a registered Depository Participant (DP) with CDS and Clearing Limited (CDSC), Deevyaa Securities & Stock House Pvt. Ltd. stands as a trusted pillar in Nepal’s financial landscape.
Since our inception, we have been dedicated to delivering exceptional services to clients from diverse backgrounds and walks of life. At the core of our operations lies a commitment to transparency and the cultivation of enduring client relationships. This steadfast focus has paved the way for the sustained growth and seamless functioning of DSSH.
With our headquarters in Kathmandu and a branch located in Baglung, we extend our stock brokerage and depository participant (DP) services to clients across the nation. Our management team is a driving force characterized by unwavering commitment and relentless dedication to providing the best services in the industry.
Deevyaa Securities & Stock House Pvt. Ltd. takes immense pride in offering all investors a swift, cost-effective, and reliable stock brokerage service. Our commitment to efficiency and dependability underscores our pledge to cater to the unique needs of our valued clients.
In conclusion, Deevyaa Securities & Stock House Pvt. Ltd. (Broker no. 59) stands as a beacon of trust and service excellence in Nepal’s financial sector. Our focus on cultivating a client-centric culture, backed by regulatory compliance and a dedicated management team, positions us to provide investors with a partner they can rely on for their financial success.
As one of the pioneers in the stock brokerage industry, we take immense pride in being among the first stock brokers to receive authorization from the Nepal Securities Board to operate on the Nepal Stock Exchange. Our commitment to providing you with comprehensive information and exceptional stock brokerage services remains unwavering. Our goal is to ensure that you make the most of your investment journey.
The Nepalese Stock Market has experienced a remarkable transformation in recent years, marked by significant strides in digitizing market securities. This journey toward digitization and modernization continues to evolve. Here are some key highlights of these advancements:
1. DEMAT Accounts: The majority of active investors in Nepal now possess DEMAT accounts. This transition has eliminated the need for physical share certificates, simplifying and streamlining the process of owning and managing securities.
2. C-ASBA: The introduction of the C-ASBA (Centralized Application Supported by Blocked Amount) system has revolutionized the way investors participate in Initial Public Offerings (IPOs). Gone are the days of waiting in long lines for hours to submit IPO application forms. This innovative system has made the IPO application process efficient and hassle-free.
3. Digital Share Transfer: The lengthy and cumbersome process of transferring ownership titles for shares is now a thing of the past. Investors no longer need to carry physical share certificates or engage in complex name transfer documentation. Digitalization has expedited and simplified these procedures.
4. NEPSE Online Trading System (NOTS): Our online trading platform, the NEPSE Online Trading System (NOTS), empowers investors to trade at their convenience, from anywhere with an internet connection. This user-friendly system provides flexibility and accessibility, allowing you to make informed investment decisions on your terms.
As Nepal’s financial markets continue to embrace digitalization, the future holds even more opportunities and conveniences for investors. We are committed to staying at the forefront of these advancements, ensuring that you have the tools and resources necessary to thrive in this dynamic landscape.
At our brokerage, we believe in the power of knowledge and technology to enhance your trading experience. We are dedicated to supporting you as you navigate the evolving landscape of the Nepalese stock market. Your financial goals are important to us, and we are here to assist you in achieving them efficiently and effectively.
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Nepal Investment Mega Bank Limited (NIMB) has released its third-quarter report for fiscal year 2079/80, which shows a 22.96% increase in net profit.In the third quarter of fiscal year 2079/80, the bank’s profit grew to Rs 3.046 arba.Following the merger, the bank has a total paid-up capital of Rs. 34.12 Arba, reserves of Rs. 23.89 Arba, retained earnings of Rs 1.27 Arba, and a share premium of Rs 20.78 Crore.
Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080.
After PL Appropriation and Regulatory Adjustments, the bank’s distributable profit in the same period is Rs 3.36 arba.
One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in capital.
SEBON’s revised Securities Market Operation Regulations 2064 and Securities Dealers Regulations 2064 begin the process of awarding new licenses. On Ashwin 2, 2079, the Securities Board issued a notice with a 30-day deadline to carry it out. As a result, 45 companies applied for stock broker licenses, while only one company applied for stock dealer license. Throughout the seven months
Through its sub-provincial office in Nawalparasi, NIC ASIA Laghubitta has organized a rally program to commemorate Global Money Week 2023 in Parasi.
According to the media statement, the event was led by the Parasi Laghubitta Employee Forum, and participants carried placards for financial awareness.
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office.
Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours.
As offices are closed on weekends and so is the DOTM Nepal most of us need to take half a day or take leave from work just to renew our license.
This is also one of the main reasons why people get fined and have to pay late renewal fees.
Service
Driving License Renewal in Nepal
Issued By
Department of Transport Management
Validity
5 Years
Renewal Fee
Rs 1500
Fine After
90 days or more
Payment Methods
Cash
Application Mode
Offline
Official website
https://www.dotm.gov.np/
To renew your driving license in Nepal you will need to visit the Department of Transport Management office and follow the process below.
Receive token and EDL print
Provide Biometrics
Pass medical checkup
Calculate your fees
Payment
Receive receipt (Wait for license print)
As you already know Nepal has started implementing smart driving licenses including an option to upgrade for existing license holders.
This has hugely impacted DOTM’s printing and distribution timing, some are still waiting for their license after a year, so you might have to wait a little longer to receive your driver’s license.
But you will receive a receipt that can be used as a replacement until you receive your original renewed license.
Documents required to renew a driving license are
Citizenship original and photocopy
License original and photocopy
Step-by-Step Guide process to renew License in Nepal 2023
1. Receive token and EDL print
The first step is to take a token number for your license renewal, this is the waiting list. And receive your EDL print (license information) from room 101.
The room number might be different for different cities and offices.
2. Provide Biometrics
The second step is to give or verify your digital biometrics, if you have given your biometrics to DOTM then they will verify your digital fingerprint and if your information matches. You will be sent to the next step.
3. Medical checkup
The third step is to pass your medical, which is usually an eyesight and color blindness test. They will check if you can see properly or not.
If you fail this test then you might need to wear glasses and come back later.
4. Calculate your license fees
The fourth step is to calculate how much you need to pay to renew your license. This depends on your license type and if you are paying on time or not.
If you have to pay for renewal before 90 days of expiry then you do not have to pay a fine but if this exceeds then you will be fined. Check the table below for fines and fees.
5. Payment
The fifth step is to pay your fees, you need to fill out a bank voucher and deposit it.
6. Receive a receipt
After paying you need to wait for the receipt. After it is ready they will call you by name and give it to you.
You will receive two receipts. One is payment and the other (Pink) can be used as a license.
After this, you can go home, and to check your license print status you can check their official website.
About License Renewal fees in Nepal
The Department of Transport Management charges renewal fees to all Nepalese license holders after the expiry date.
As of 2023 Driving license renewal charges in Nepal start from Rs 1500 for two-wheelers, 2000 for small vehicles such as Cars and Jeeps, 2500 for heavy vehicles, and the highest will be Rs 3000.
These renewal fees are divided into categories of vehicles see the image below for more information.
How much is the fine for an expired license in Nepal?
The validity of your license in Nepal is of 5 years only and if you want to keep using it then you need to renew it accordingly.
If you fail to renew your license on time then you will have to pay a fine as high as 500% plus your actual renewal fees.
If you fail to renew your license within 90 days of expiry, you will be charged 100% until the first year and will keep on adding 100% as the year passes by.
How much is the fine for an expired license in Nepal?
You need to pay a fine of 100% to 500% in Nepal if you fail to renew your license on time.
After how many months will I have to pay fines for an expired license in Nepal?
The Department of Transport Management starts charging fines for driver’s licenses after 3 months or 90 days of their expiry.
Frequently Asked Questions on License Renewal
How much does it cost to renew a license in Nepal in 2023?
The entry fee for renewing a license in Nepal is Rs 1500, excluding other charges such as photocopies, photos, stamps, and application charges.
The cost of renewal depends on what type of license you own such as Bike, Car, and Big vehicle.
What happens if a driving license is expired?
If your license is expired, then you cannot drive in public spaces. Unless you renew your license and pay the government the renewal fee. Also if you are caught driving without a license then you will be fined and might get other punishments as well.
How to renew a driving license in Nepal?
Visit DOTM and follow the steps below to renew a license in Nepal.
1. Receive token and EDL print
2. Provide Biometrics
3. Pass medical checkup
4. Calculate your fees
5. Payment
6. Receive receipt (Wait for license print)
Can I renew my driving license online in Nepal?
Yes, you can renew your driving license online, visit the DOTM’s official website dotm.gov.np for more information and the application process.
Where can I renew my license in Kathmandu?
You can renew your license from The Department of Transport Management office in Kathmandu.
Where can I renew my license in Pokhara?
You can renew your Driving license from DOTM which is located in the Transport Management Office: Driving License, Prithivi Chowk, Pokhara
Do I need to pay fines for an expired license in Nepal?
You have 3 months or 90 days after your license expires, after this period you will be fined 100% for the first year.
What is the maximum validity of a license in Nepal?
In Nepal, the maximum validity of a Driving License in Nepal is of 5 years.
What document do I need to renew my license in Nepal?
Documents you need to renew your license in Nepal are a citizenship certificate, an expired driving license, and photographs.
Can I renew my license early in Nepal?
Yes, you can renew your driving license early in Nepal.
How to check the status of driving license renewal in Nepal
It is easy to check the status of your license, you can check it on your driver’s license. It has all the information including the expiry date.
How to renew a driving license that has expired more than 90 days in Nepal
You can renew your driving license as usual but as it has exceeded more than 90 days, you will be charged a 100% fine for it.
AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting.
According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the merged company’s name, Sagarmatha Lumbini Insurance Company.
The business reportedly recognized its employees who have worked there for more than ten years in a statement to the media.
If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast and easily.
This post will show you how to quickly transfer your balance from NTC to NTC. We’ll also give you some pointers on how to get the most out of your NTC service.
How To Transfer Balance In NTC
You can transfer your balance in NTC in different ways. You can transfer your balance in NTC via different methods. We will discuss two methods in this blog post.
You can transfer the NTC balance without a security code. And, also there is another way to transfer the balance where you have to provide your valid security code.
How to Get the Security Code of NTC?
To transfer balance NTC to NTC you have to require your security code. If you know the security code of the sender’s NTC card, You can proceed instant balance transfer to NTC. but, if you don’t know your security number, here is the complete guide on how you can get that.
To Get the Security Code of NTC, follow this process:
Open the messaging app on your phone.
Type SCODE as content
Send it to 1415
Wait for the reply
You’ll get an instant reply “Dear customer, your password is being reset.”
After a few seconds you’ll get another reply from the telecom, “Dear Your Name, the password reset has been completed according to your request. Your new password is ********. If you need further support, please contact”
“Our customer service staff –**-***-**** **:**:**”
After receiving your security code for the NTC sim card, you can use this code to transfer the balance in NTC to NTC.
Note: Your security code is always 8 digits long.
NTC Balance Transfer Through USSD
After you know your security code, follow these steps for a successful NTC balance transfer.
Open the call-dialing keypad on your phone
Type *422*
Enter the security code
Type *
Now, enter the NTC number where you want to transfer the balance
Type * again
Enter the amount you want to transfer
Type #
Now, press the call button
Congratulations!! You have successfully transferred the balance.
You’ll get a notification on your messaging app “*** Rupees has been successfully transferred to 98********”
NTC Transfer Balance Via NT App
You can transfer your balance in NTC via the NT App. To do this, you will need to have the NT App installed on your phone. Once you have the NT App installed, you will need to open it and sign in. Once you are signed in, you will see your balance at the top of the screen.
You can download the NT app from the google play store and apple store. This is the best and fastest way to NTC balance transfer. You can transfer NTC balance without a security number.
Follow this process to transfer the balance in NTC using NT App:
Open the NTC app
Click the Red Button that says Transfer Balance
Enter the destined prepaid NTC mobile number
Enter the amount you want to transfer
Click OK
The OTP will be asked and at the same time will be sent to your number.
Validate the OTP
You have successfully transferred the balance into the number!!
You can do the process of NTC balance transfer using the NT App. NTC to NTC balance transfer can be done without a security code in NT App. If you want to transfer your NTC balance without a security code, use NT App Online. If you don’t have internet connectivity you can also use this app offline to transfer your NTC balance.
Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter.
In this quarter, the firm recorded total income of Rs. 18.92 crores, a 71.94% reduction from the previous year’s similar period.
According to management, there has been no substantial change in the organization’s balance, income, or liquidity during this quarter. The operations are carried out in accordance with the company’s business plan. During this quarter period, as the company’s interest climbed, the income decreased, and it is projected that the profit will improve when the interest expenditure reduces in the future days, and the income will improve from the following quarter.
It has a reserve resource of Rs. 50.25 crores and a share capital of Rs 1.10 Arba. For Fiscal Year 2078/79, the corporation additionally proposed 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) of Rs 2,32,33,518. The firm has capitalized these extra dividends, resulting in an increased paid-up capital of Rs. 1.54 Arba.
Furthermore, the business intends to issue 77,44,506 rights shares (1: 0.50 ratio right shares) to shareholders. Following SEBON clearance, this will be given from the paid-up capital of Rs. 1.54 Arba.
Its annualized earnings per share are Rs 3.56, its net value per share is Rs 145.43, and its P/E ratio is 153.94.
