The choice of a brokerage firm is a pivotal decision that can significantly impact your experience in the financial markets, shaping your access to opportunities and influencing the risks and rewards associated with your investments. Secured Securities Limited, headquartered on Pradarshani Marga in the heart of the capital city, stands as a reliable partner for individuals seeking to navigate the complexities of the financial landscape.
Secured Securities Limited operates as a full-service introducing stock brokerage firm, embodying a commitment to transparency and regulatory compliance. We are registered with the Company Registrar’s Office (CRO) under the Company Act of 2006, and we have obtained the essential license from the Securities Board of Nepal (SEBON) under the Securities Businessperson Regulation of 2006.
Distinguishing ourselves as the 36th broker member of Nepal Stock Exchange Ltd. (NEPSE), the country’s sole stock exchange, and serving as a trusted Depository Participant (DP) with CDS and Clearing Limited, we offer a comprehensive suite of services to our valued clients. This includes facilitating investor trading in NEPSE, both online and offline, DP services for efficient security holding, and margin trading services to enable strategic leveraging of investment capital.
At Secured Securities Limited, our mission is clear—to provide our clients with unparalleled trading support, invaluable market intelligence, timely advice, and top-tier stock brokerage services within Nepal’s dynamic secondary market. We understand that your financial goals are as unique as you are, and our commitment is to empower you with the tools and insights necessary to achieve those objectives.
Founded by a group of financial specialists boasting extensive expertise in academia, capital markets, and money markets, our firm is steadfastly dedicated to serving the best interests of our clients. We operate under the guiding principle that we will never recommend an investment opportunity unless we believe it to be among the finest in its category, an investment we would be prepared to make with our own capital.
Our unwavering dedication to maximizing the value of our clients’ assets is driven by the application of our profound knowledge, cutting-edge technology, and an unwavering commitment to our core mission and values. Secured Securities Limited is honored to be your trusted partner on your financial journey, and we eagerly anticipate the opportunity to work together in pursuit of your financial aspirations.
Dipshikha Dhitopatra Karobar Company Pvt. Ltd. (DDKC) stands as a prominent member of the Nepal Stock Exchange (NEPSE), holding the esteemed status of an authorized stockbroker with the stockbroker member code 38. In 2067 B.S., this distinction was granted by the Securities Board of Nepal (SEBON) in 2011 AD, solidifying DDKC’s position as one of the leading stockbroker members in the Nepalese stock market.
A Regulated Professional Brokerage Firm:
DDKC operates as a regulated and professional brokerage firm, specializing in the buying and selling of various financial assets, including government bonds and debentures, on behalf of both individual and institutional clients. This service is facilitated through the Nepal Stock Exchange Limited, with operations commencing since 2011 AD.
Expanding Presence and Services:
Headquartered in the vibrant locale of Anamnagar, Kathmandu, DDKC has established itself as a go-to provider of stockbroker and Depository Participant (DP) services for a diverse clientele. Moreover, the company has extended its reach with a branch office in Dhangadhi, serving the Far Western Region. DDKC has ambitious plans to further expand its brokerage network at various local levels in the near future, aligning with its commitment to accessibility.
Client-Centric Approach:
DDKC boasts an extensive client base, encompassing both the general public and institutional clients, allowing for efficient order coordination and execution. The company currently serves over 18,000 active DP clients and 25,000 active trading clients. With a goal to expand these numbers by 25% in 2018, DDKC’s commitment to growth is evident.
Modern and Well-Equipped Infrastructure:
One of the distinguishing features of DDKC is its modern and well-equipped physical facility. Spanning an impressive area of 2,500 square feet, the facility houses well-equipped departments and workstations to ensure efficient service delivery. The company takes pride in offering a well-appointed air-conditioned exhibition space, capable of accommodating a minimum of 100 individuals, complete with a projector to facilitate and educate general investors, further expanding its client base.
Financial Growth and Capital Expansion:
Established in 2064 BS with a paid-up capital of Rs. 5.1 million, DDKC has demonstrated remarkable growth. As of the end of Ashad 2074 BS, it boasts a total client account of 25,000 and a net value of Rs. 68.1 million. With a commitment to financial strength, the company’s management is diligently working towards raising the paid-up capital to Rs. 20 million by Paush 30, 2074 BS. Furthermore, there are plans to augment this capital even further, aiming to reach a significant milestone of $50 million by the conclusion of the fiscal year 2074/75.
In conclusion, Dipshikha Dhitopatra Karobar Company Pvt. Ltd. is an influential player in Nepal’s financial landscape. With a steadfast commitment to client satisfaction, a dedication to accessibility, and a strong focus on financial growth and expansion, DDKC is poised to continue shaping the future of stock trading in Nepal while nurturing enduring relationships with its valued clients.
Sewa Securities Pvt. Ltd. proudly stands among Nepal’s esteemed stock brokers, numbering among the 49 registered entities in this crucial sector. Since the year 2007 AD, we have been diligently engaged in the business of buying and selling shares on behalf of our valued clients, fostering trust and delivering results.
Our commitment to compliance and regulatory adherence is underscored by our registration with both the Nepal Stock Exchange (NEPSE) and the vigilant Securities Board of Nepal (SEBON). As a testament to our dedication to the industry, we are also members of the Nepal Broker Association, reflecting our active participation in the sector’s collective efforts.
It is noteworthy that until September 2011, NEPSE had only 23 stock brokers operating within its domain. However, in a pivotal moment for the industry, NEPSE initiated a call for new members through a rigorous application process. Only those applicants who demonstrated exceptional competence and commitment, such as Sewa Securities Pvt. Ltd., earned acceptance into this esteemed group of stock brokers.
With offices strategically located in Kathmandu and Hetauda, we are well-positioned to serve our clients with excellence, ensuring quick responses and on-time delivery. Our commitment to providing top-notch service extends to our support for businesses in navigating their stock transactions, further solidifying our reputation as a trusted partner in the financial markets.
Sewa Securities Pvt. Ltd. remains dedicated to the principles of professionalism, reliability, and client-centricity. We take pride in being a dependable resource for our clients, and we look forward to continuing our journey alongside them, facilitating their financial aspirations and endeavors.
Dynamic Money Managers Securities Pvt. Ltd. proudly stands as the country’s premier stock brokerage firm, boasting a roster of over 70,000 satisfied customers—a testament to our commitment to excellence in the financial sector.
Although our inception dates back to 2006, our operational journey officially commenced in 2011. Since then, we have been instrumental in facilitating stock trading activities, contributing to over 9% of the total market capital. As a prominent member of the Nepal Stock Exchange (NEPSE), we operate under the legal framework established by the Company Act of 2063. Our operations are further bolstered by the crucial regulatory oversight provided by the Security Board of Nepal (SEBON).
Notably, Dynamic Money Managers Securities Pvt. Ltd. holds the esteemed status of being a depositary member, designated as number 44, of CDS and Clearing Ltd. This affiliation underscores our dedication to providing comprehensive and reliable financial services to our clients.
Situated in the vibrant locales of Kathmandu and Kamalpokhari, Nepal, Dynamic Money Managers Securities Pvt. Ltd. is a regulated stock broker that plays a pivotal role in facilitating the buying and selling of stocks for all companies listed on the Nepal Stock Exchange Limited (NEPSE). Our operations are conducted in strict adherence to the highest regulatory standards set by the Security Board of Nepal (SEBON), which administers licensing requirements and establishes norms governing general business activities.
At Dynamic Money Managers Securities Pvt. Ltd., we are governed by a robust legal framework that includes the Securities Regulation Act of 2064, the Securities Business Person Regulation of 2064, and subsequent directives issued by SEBON. These regulations serve as the bedrock of our operations, ensuring transparency, integrity, and the highest level of professionalism in all our dealings with clients and partners.
The IPO allotment of Kutheli Bukhari Small Hydropower Limited is scheduled to take place on Sunday, the 7th of Shrawan, 2080. The allotment program will be conducted at the premises of the issue manager, NMB Capital Limited, located in Nagpokhari, Kathmandu, starting at 9 am.
Out of the total 121,867 units offered for the IPO, specific allocations were set aside for various categories. 10% of the shares, i.e., 12,186 units, were issued and allotted to Nepalese citizens working abroad, while 5% of the total offered shares, equivalent to 6,093 units, were reserved for mutual funds. An additional 2%, i.e., 2,437 units, were set aside for the employees of the company. The remaining 101,151 units were offered to the general public. After the IPO issuance, the paid-up capital of the company will increase to Rs. 12.18 Crores, with the intention to raise Rs. 1.01 crore from this offering.
According to data provided by the Central Depository System and Clearing Limited (CDSC), the IPO received an overwhelming response, with approximately 973,353 applications filed for a total of 10,481,890 units till the last day. This indicates that the IPO was oversubscribed by an impressive 103.62 times in terms of the number of units through ordinary applicants as of the closing day.
Considering the data, it becomes evident that only 10,115 fortunate applicants will be selected to become shareholders of the company.
Kutheli Bukhari Small Hydropower Ltd. was initially incorporated on August 11, 2011, as a private limited company and was later converted into a public limited company on January 28, 2015, to facilitate public participation. The company is currently operating a 0.998-Megawatt Suspa Bukhari Khola Small Hydro Power Plant (HPP) in the Dolakha district of Madhesh Province, Nepal. The project follows a run-of-the-river (R-o-R) type approach with a 40% probability of exceedance (Q40). It commenced commercial operations on September 20, 2015, and was developed at a total cost of approximately NPR 248 million.
As of June 15 in the current fiscal year 2022/23, the provinces in the country have only used half of their budget. Out of the total allocated budget of Rs 306 billion, they have spent Rs 151.3 billion, which is around 49.45 percent of the yearly allocation. According to the Office of the Comptroller General, Koshi Province has the highest expenditure rate at 61.41 percent, while Madhes Province has the lowest at 36.25 percent during the last 11 months of this fiscal year.
Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit shares with a par value of Rs. 10 per unit. The fund promoter, Siddhartha Bank Limited, was allocated 10% (1.2 crore units) of the shares, while the fund manager, Siddhartha Capital, was allocated 5% (60 lakh units). The remaining 10.20 crore units were issued to the general public. The scheme, which has a maturity period of 10 years, is the sixth mutual fund scheme offered by Siddhartha Capital. On Baisakh 17, 80,580,000 units were allotted to valid applicants, resulting in a total scheme size of Rs. 80.58 Crores.
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
The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points.
The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79.
Through 23,388 transactions, 269 scrips changed hands. A total of 2,870,819 shares were traded, totaling Rs. 92.06 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 81.6 Crores.
The NEPSE index closed at 1,908.55 today, down 10.87 points from the previous trading day’s close. This is a 0.57% decrease. Yesterday, the index rose 1.02 points.
The index opened today at 1,920.01 and reached an intraday high of 1,932.68. In contrast, it dropped as low as 1,905.12 before closing at 1,908.55.
Through 26,434 transactions, 254 scrips changed hands. A total of 2,750,655 shares were traded, totaling Rs. 89.95 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 81.62 Crores.
From today, 14th Chaitra, 2079, the promoter shareholder of Siddhartha Bank Limited (SBL) is auctioning 114,813 units of shares to existing promoter owners.
SBL unit promoter shares worth 114,813 will be auctioned off. Only existing promoters are entitled to bid on the auction within 35 days after its publication, on the 14th Chaitra. Shareholders should submit their bids to the bank’s headquarters office in Hattisar, Kathmandu.
If no offers are received from existing founding owners by the deadline, the shares will be auctioned off to the general public.
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.
