Language:
Listenसुन्नुहोस्4:00
⚡ Budget 2083 — Source: Budget Speech Point 36
Listed Nepali companies can now issue Global Depository Receipts (GDR) on international exchanges.
Non-Resident Nepalis (NRN) can participate in NEPSE secondary market.
Fintech Marketplace at NRB for digital financial services.

What Is a Global Depository Receipt (GDR)?

A GDR is a financial instrument issued by a bank representing ownership in a foreign company's shares. It allows a company to be traded on international exchanges without going through the full listing process of that exchange.

How GDR WorksDetail
1. Nepali companyNEPSE-listed company decides to raise international capital
2. Depository bankAn international bank (e.g., Deutsche Bank, BNY Mellon) holds the Nepali shares
3. GDR issuedBank issues GDR certificates representing ownership — listed on London, Singapore, etc.
4. Foreign investorsInternational investors buy GDRs on their local exchange in USD/GBP/SGD
5. Capital flowsForeign currency flows into Nepal — company gets international funding

Why Does Nepal Need GDRs?

Nepal's capital market is tiny compared to its needs. NEPSE's total market cap is roughly $13-15 billion — a fraction of what Nepal's infrastructure, hydropower, and industrial sectors require. GDRs allow Nepal's best companies (large banks, hydropower firms, Nepal Telecom) to tap international capital pools worth trillions of dollars.

NRN Secondary Market Participation

Over 4 million Nepalis work abroad. Until now, they couldn't directly invest in NEPSE-listed shares while living abroad. Budget 2083 changes this — NRNs can open NRN investment accounts and participate in NEPSE's secondary market. This channels remittance savings into productive equity investment rather than pure consumption.

✅ Merits
Nepali companies access international capital 100x larger than NEPSE
Foreign investor confidence signal — international listing = quality signal
NRN investment brings foreign currency into Nepal's equity market
Diversifies Nepal's capital sources beyond domestic savings
⚠️ Challenges
Requires disclosure and governance standards at international level
Very few Nepali companies currently meet international listing standards
Currency risk for foreign GDR holders (NPR fluctuation)
⚡ बजेट २०८३ — बुँदा ३६
NEPSE सूचीकृत नेपाली कम्पनीले अन्तर्राष्ट्रिय बजारमा GDR जारी गर्न पाउने।
गैर-आवासीय नेपाली (NRN) लाई NEPSE द्वितीयक बजार पहुँच।

GDR के हो?

GDR एउटा वित्तीय उपकरण हो जसले विदेशी लगानीकर्ताले नेपाली कम्पनीको स्वामित्व अन्तर्राष्ट्रिय बजारमा किन्न सक्छन्। ठूलो अन्तर्राष्ट्रिय पुँजी बजारमा प्रवेश।

नेपाललाई किन चाहिन्छ?

NEPSE को कुल बजार पुँजीकरण तुलनात्मक रूपमा साना छ। GDR ले नेपालका उत्कृष्ट कम्पनी (ठूला बैंक, जलविद्युत, नेपाल टेलिकम) लाई खर्बौं डलरको अन्तर्राष्ट्रिय पुँजी बजारमा पहुँच दिन्छ।

NRN द्वितीयक बजार सहभागिता

४०+ लाख प्रवासी नेपालीले NRN लगानी खाताबाट NEPSE मा सिधा शेयर किन्न सक्ने। विप्रेषण बचत उत्पादनशील इक्विटी लगानीमा।

Share this article:साझा गर्नुहोस्:

Calculate Your Tax — Finance Act 2083/84

आफ्नो कर हिसाब गर्नुहोस्

Free Nepal Tax Calculator — correct slabs 1%/10%/20%/27%/29%. SSF benefit. Old vs new.

निःशुल्क कर क्याल्कुलेटर — सही दर। SSF फाइदा।

Open Tax Calculatorक्याल्कुलेटर खोल्नुहोस्
AI-Generated Content Disclaimer: Created with AI assistance (Claude by Anthropic) and verified against official Nepal Budget Speech 2083/84 (Jestha 15, 2082 BS) and Google NotebookLM extraction. For professional advice: IRD Nepal · MOF Nepal.