Bhrikuti Stock Broking Company Private Limited, a dynamic player in Nepal’s financial landscape, came into being in 2008, operating under the purview of Nepal’s company law. Bolstered by the granting of a license from the Securities Board of Nepal (SEBON), Bhrikuti swiftly earned its stripes as a distinguished member of the Nepal Stock Exchange (NEPSE). Notably, the company also holds the esteemed status of being a clearing member with CDS & Clearing Limited, further solidifying its position in the market.
Since its inception in 2011, Bhrikuti has consistently delivered exceptional services to its esteemed clients. The company boasts the provision of its very own depository participants (DP), ensuring a seamless and efficient experience for clients. Over the past decade, Bhrikuti has garnered a sterling reputation for fostering strong and healthy market confidence, a testament to its unwavering commitment to client satisfaction.
At Bhrikuti, building lasting and meaningful relationships with clients is not just a goal; it’s a fundamental principle that guides every aspect of the business. The company firmly believes in nurturing mutual partnerships and collaborations that go beyond transactional interactions. Clients can rest assured that Bhrikuti is dedicated to their growth and success, with a commitment to continuously elevate their investment journey.
In essence, Bhrikuti Stock Broking Company Private Limited is more than just a financial partner; it’s a trusted ally committed to propelling clients towards greater financial prosperity. With a focus on superior service and investment opportunities, Bhrikuti is poised to guide clients towards a brighter financial future.
Nepal Investment & Securities Trading Pvt. Ltd. (NIST) holds a prominent position within the realm of stock brokerage in Nepal and is also recognized for its significant role in facilitating government bond transactions. With a history dating back two decades, NIST has successfully transitioned from a personal firm to a private limited company, solidifying its reputation as a trailblazer in the industry.
A distinguishing feature of NIST is its exclusive authorization to engage in government brokerage transactions, a privilege granted to only a select few organizations in the country. Remarkably, NIST has not only been granted this authority but has also demonstrated excellence by successfully completing all five government bond deals. This achievement highlights our commitment to precision and proficiency in this specialized sector.
In addition to its prowess in government bond transactions, NIST is among the privileged group of 30 brokers in Nepal with the coveted license to conduct security trading operations. This regulatory endorsement underscores our standing as a trusted and reliable entity in the financial market.
At NIST, we place the welfare of our clients at the core of our operations. We fully comprehend that the services we provide have a direct and profound impact on the financial well-being of our clients. As such, we are unwaveringly dedicated to delivering services that are not only effective but also efficient. Our commitment is rooted in the idea that our clients’ prosperity and growth are intertwined with our own. Therefore, we strive to create a mutually beneficial partnership that allows both NIST and our clients to thrive.
In conclusion, Nepal Investment & Securities Trading Pvt. Ltd. (NIST) stands as a beacon of excellence in the Nepalese stock brokerage industry. With a rich history, exclusive government brokerage authorization, and a strong commitment to client welfare, we are poised to continue our journey of growth and prosperity, hand in hand with our valued clients.
Vision Securities, a prominent stock brokerage firm, was founded on the auspicious date of 2064-09-13 B.S. Over the years, it has earned the distinction of being licensed by both the Securities Board of Nepal (SEBON) and the Nepal Stock Exchange Ltd. (NEPSE). This organization further solidifies its position in the financial landscape as a Depository Participant (DP) with licenses from CDSC and SEBON, underscoring its commitment to regulatory compliance and excellence in its operations.
At Vision Securities, we have successfully realized our objective of leading the Nepalese stock broking sector, not only in terms of turnover but also through the delivery of exceptional services to our esteemed customers and clients. This accomplishment is a testament to our unwavering dedication to providing top-tier financial services.
In line with our commitment to expanding our reach and enhancing accessibility, we have established two Remote Work Stations (RWS) in strategic locations: Banepa, Kavre’s Char Dobato Chok, and Bhairawa, Rupandehi’s Narayanpath. We have ambitious plans to extend our footprint by establishing additional firm branches (RWS) in various districts, ensuring that our services are accessible to a broader segment of the population.
Our core philosophy revolves around nurturing enduring relationships with our customers, built on the foundation of personalized, high-quality services infused with creative solutions. We take immense pride in proposing our company’s empanelment as a licensed stock broker and Depository Participant. With a dedicated management team and a board of directors who bring extensive experience and expertise in the development of capital markets, we are well-equipped to address challenges and provide superior services that maximize your investment wealth.
In conclusion, Vision Securities is committed to delivering excellence in the financial sector. We welcome inquiries and look forward to the opportunity to serve and partner with you, leveraging our dedicated team and wealth of experience to help you achieve your investment goals.
NEPSE TMS (Nepal Stock Exchange Trading Management System): NEPSE TMS is an online platform provided by the Nepal Stock Exchange that allows investors to manage their stock trading activities. It offers features for online share purchase and sales.
Online Trading Nepal: This term refers to the practice of buying and selling stocks and securities through online platforms in Nepal. It has become increasingly popular due to its convenience and accessibility.
NEPSE Online: NEPSE Online is an online trading platform provided by NEPSE, allowing investors to trade stocks electronically. It offers real-time market data, trading tools, and the ability to place buy and sell orders online.
Online Share Purchase and Sales: This phrase highlights the convenience of online platforms for buying and selling shares or stocks. Investors can execute trades from the comfort of their own computers or mobile devices, eliminating the need for physical visits to brokers or the exchange.
Nepali Stock Brokers: These are firms or individuals registered with NEPSE who act as intermediaries between investors and the stock market. They provide services such as trading facilitation, research, and investment advice.
Opal Securities is a collective of seasoned experts in the dynamic field of stock marketing. With a wealth of knowledge and experience at our disposal, Opal Securities proudly stands as your ultimate destination for securing substantial growth in your investments.
Our guiding philosophy is simple yet powerful: “The rich invest in time.” Therefore, we encourage our valued investors to embrace disciplined patience. By entrusting your investments to Opal Securities, you are laying the foundation for long-term wealth accumulation.
As a licensed organization regulated by SEBON, we prioritize the peace of mind of our clients. Rest assured that when you choose Opal Securities, you have the flexibility to withdraw your invested capital at any time you desire. Your financial goals and aspirations are at the forefront of our commitment, and we are dedicated to helping you achieve them, all while ensuring the security and growth of your investments.
The “Himalayan 80-20” mutual fund scheme is backed by Himalayan Bank and overseen by Himalayan Capital. This marks the debut mutual fund for Himalayan Capital.
Himalayan Bank Limited, founded in 1993 as a partnership with Pakistan’s Habib Bank Limited, has been a prominent force in Nepal’s banking sector. The bank has consistently led by introducing novel banking services, including the first Premium Savings Account, HBL Proprietary Card, Millionaire Deposit Scheme, ATMs, and Tele-banking. From its inception, the bank has prioritized innovation and customer contentment. Its journey began at Thamel, Kathmandu’s Employees Provident Fund Building, also known as Sanchayakosh Building.
Sanima Mai Hydropower Limited (SHPC) has issued a notification directed towards shareholders who have not yet received their entitled dividend payments. The company urges these shareholders to take necessary action to claim their outstanding dividends, which were approved during various Annual General Meetings (AGMs).
In order to receive the due dividends, shareholders are required to submit their share certificate, proof of identity, and copies of relevant documents to Sanima Capital Limited, the share registrar of the company. The designated location for the submission of these documents is at Naxal, Kathmandu.
This notice serves as a reminder to shareholders who may have overlooked or not yet claimed their dividends from SHPC. By promptly presenting the necessary documents to the share registrar, these shareholders can ensure that they receive their entitled dividend payments in a timely manner.
Ingwa Hydropower Limited has announced the closure of its IPO issuance of 12,68,639 unit shares with a face value of Rs. 100 per share. The issue, which opened on April 13, 2080, is oversubscribed by 8.64 times, with 994,624 applicants applying for a total of 10,964,750 units. The company intends to collect Rs. 12.68 crore from this IPO, with 70% of the shares belonging to promoter shareholders.
Before this issuance, the company had allotted 306,840 units of its 6,00,000 unit shares worth Rs. 6 crores to project-affected locals in Taplejung District, with the remaining 293,160 units added to the 12,00,000 units reserved for the general public. Out of the total 14,93,160 units available to the general public, 120,000 units have already been allotted to Nepalese citizens working abroad, while 5% and 2% have been set aside for mutual funds and employees of the company, respectively. The remaining 12,68,639 units are for the general public, with a minimum application of 10 units and a maximum of 20,000 units.
The IPO issuance is managed by Sunrise Capital Limited, while CARE Ratings Nepal Limited has assigned an issuer rating of ‘CARE-NP BB (Is)’ to Ingwa Hydropower Limited, indicating a moderate risk of default regarding timely servicing of financial obligations in Nepal. The company was incorporated on June 23, 2009, as a private limited company and was later converted into a public limited company on August 25, 2014. The company’s institutional promoters and individual businessmen in Nepal have promoted it to set up a 9.70 MW run-of-river, Upper Ingwa Khola hydroelectric project under the BOOT mechanism in the Panchthar district of Nepal.
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.
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.
Have you decided to invest in the stock market? Consider these 7 stock market investing tips when making your investments.
1. Have a solid comprehension of basic economic principals.
Before you get started, you should understand basic principals and laws of economics. The stock market closely follows the law of supply and demand. For example, when there is a large demand for the stock of a certain company, the cost of its stock will increase along with the demand. However, if there are more stock available for sale than there are buyers, the unit price of that company stock will decrease.
2. Learn about prospective companies you want to invest in.
Do your homework before you invest in prospective companies. Read the company annual report and find out about their products, operations, services and basic business track record. This information gives you an idea of how stable the company is and whether they can deliver on their promise to offer profits to investors.
3. Select companies with staying power.
There are so many companies that exist in today’s stock market, selecting becomes a major decision for beginning investors. Relatively stable companies and business are owned by the government, unless there is a political revolution or crisis going on. Gasoline companies and telecommunications companies are usually profitable and stable because there is a constant demand for their services and products. While IT companies are rapidly growing in today’s stock market, there are so many of them it may be a challenge to check their profiles to exercise reasonable care before investing. Before putting your money into an IT company, verify their track record and make sure they are stable and profitable for a minimum of 10 years.
4. Keep an eye on the news.
Guesswork is completely ineffective when it comes to investing in the stock market. Good intuition and solid decision-making come from learning about global and local news both politically and economically. When you watch the news, make sure to keep track of the industry your company is in. Even stable companies may go bankrupt or have a major blow that will bring them down.
5. Don’t put all your eggs in one basket.
Avoid investing in just one company and spread out your stock investments to several businesses. When you have stock concentrated in just one company, you have a greater chance of losing it all. When you spread out your investments over several companies, those earning profits can cushion the ones that not not as profitable.
6. Stockbrokers aren’t the final word.
A stock broker is actually gambling with your money so you need to do your own homework. Dishonest brokers can take advantage of investors who do not fully comprehend how the stock market works.
7. Greed is your enemy.
While everyone is eager to make profits in the stock market, an investor loses their sense of reason when they are fueled by greed. A money hungry investor may forget to check on economic rumors and spontaneously decide to sell or buy with the thought of making major profits and then lose it all.
Putting your money in the stock market can of course be risky, but the above stock market investing tips should help point you in the right direction.
