How Long Does it Take for Bonus Shares to be Listed in NEPSE?

In the previous article, I tried to clarify all the confusions a beginner might have about a stock dividend. One question I get asked most often in my Instagram page @nepsetrader is how long the bonus shares will take to be listed in NEPSE for trading.

Why believe some random stranger on the internet when you can look at the facts? In this article, I publish the answer that I got after doing a little research. This is what I did:

1) I opened all the news published recently on the popular website sharesansar.com about bonus shares listing. Then I opened each of the company profile to find out when they had declared their book closure date.

What is the book closure date?

You can buy the shares of a company after it has proposed its dividend and still be eligible to get the dividend. How cool is that? You do not have to invest in the company for one whole fiscal year!

The book closure date is simply the date on which the company closes its books for the dividend. Investors can still buy the shares after that date but they won’t get the dividend. To get the dividend of the company, you must buy the shares before the book closure date and you must not sell those shares till the book closure date.

2) I then listed the companies’ book closure dates and the bonus share listing date. The date of listing is simply the day when the shares were listed in NEPSE for trading. Generally, the shares can be traded from the next day of listing.

3) I have then compared how long it took for the companies to have the bonus shares listed in NEPSE. The comparison is made in months.

4) We are not interested in a specific company. So, I have included the ticker symbol of all companies instead of their names. That made the work quicker. Also, ticker symbols are more important than company names in the investing world. 🙂

CompanyBook Closure DateShares ListedShares were listed:
NCCBJan 05, 2021Feb 04, 20211 month after book closure.
CHCLDec 14, 2020Feb 03, 20212 months after book closure.
FMDBLNov 20, 2020Jan 31, 20212 months after book closure.
CZBILNov 26, 2020Jan 27, 20212 months after book closure.
FMDBLNov 20, 2020Jan 27, 20212 months after book closure.
STCNov 30, 2020Jan 27, 20212 months after book closure.
BOKLNov 13, 2020Jan 18, 20212 months after book closure.
NICANov 25, 2020Jan 15, 20212 months after book closure.
SANIMANov 02, 2020Feb 01, 20213 months after book closure.
BOKLNov 13, 2020Jan 18, 20212 months after book closure.
KBLNov 30, 2020Jan 12, 20212 months after book closure.
GLICLNov 05, 2020Dec 29, 20201 month after book closure.
RHPCNov 30, 2020Dec 15, 20201 month after book closure.
FOWADDec 31, 2019Dec 01, 202012 months after book closure.
VLBSDec 29, 2019Nov 30, 202011 months after book closure.
NLBBLDec 29, 2019Nov 27, 202011 months after book closure
LGILJune 22, 2020Nov 11, 20205 months after book closure.
NUBLDec 16, 2019Nov 08, 202011 months after book closure.
TMDBLJun 25, 2020Nov 02, 20204 months after book closure.
HGIJun 26, 2020Nov 01, 20204 months after book closure.
SWBBLDec 17, 2019Oct 14, 202010 months after book closure.
HBLJan 27, 2020Oct 11, 20207 months after book closure.
NMBMFMarch 23, 2020Oct 09, 20207 months after book closure.
SMFBSJan 10, 2020Oct 08, 20209 months after book closure.
CHLDec 31, 2019Sep 23, 20209 months after book closure.
MLBBLDec 31, 2019Sep 14, 20209 months after book closure.
WOMIMarch 13, 2020Sep 10, 20206 months after book closure.
NBBLJan 27, 2020Sep 09, 20208 months after book closure.
SMBDec 30, 2019Sep 08, 20209 months after book closure.
CLBSLJun 29, 2020Sep 08, 20203 months after book closure.
SLBSLDec 06, 2019Aug 28, 20209 months after book closure.
SAPDBLMarch 23, 2020Aug 25, 20205 months after book closure.
NICLMarch 17, 2020Aug 17, 20205 months after book closure.
IGIFeb 24, 2020Aug 17, 20206 months after book closure.
CITJun 24, 2020Aug 16, 20202 months after book closure.
NBBDec 11, 2019Aug 10, 20209 months after book closure.
NNLBDec 19, 2019Aug 09, 20209 months after book closure.
PRINJan 24, 2020Aug 06, 20207 months after book closure.
GILBNov 11, 2019Aug 06, 20209 months after book closure.
SHLDec 11, 2019Aug 05, 20209 months after book closure.

Conclusion

The data shows that the bonus shares listing time is all over the place. Bonus shares of some companies get listed within a month while that of some take one whole year.

Personally, I think the Securities Board of Nepal (SEBON) and NEPSE should look into this matter and make listings on time. It is not fun to invest for dividend and have your money frozen because you can’t sell the shares as they aren’t listed yet.

14 thoughts on “How Long Does it Take for Bonus Shares to be Listed in NEPSE?

  1. how long does it take for company to be listed in nepse after ipo results are announced?

  2. Hi, Cyril. It ideally takes a week or a few days more. Not more than a month though.

  3. Hello sir,
    What if I sell the stocks of company after the book closure date. For example. The book closure of ABC company is 10 may
    And if I sell my stocks of ABC company on 15 may will I get the bonus share? Please

  4. Hi, Prashant.

    Yes, you will get the bonus shares. You only have to be an investor till the book closure date.

    In fact, this happens so often in NEPSE. A huge volume of sell orders is seen on the next day after the book closure and the stock tends to lose for quite some time. It feels as if investors want to sell after the book closure date since they are sure of getting a dividend now.

    Hope this helped.

  5. Hello Sir,
    can i eligible to get bonus share if i sold share in 5 august and book close date is of 3-15 th august

  6. Yes. Absolutely. You will be eligible for the bonus shares.

    All that matters is the book closure date.

  7. Hello samin ji,
    Can i be eligible to get bonus share in the condition of ABC companie’s book closure date is 29th may and i buy its share in 27th may but broker transferred that share in 29th may in my DMAT a/c

  8. Hello sir I sold my share at jun 2021 can I get bonus share in this year. Because of I hade share one hole year 2020

  9. Hi Tikaram ji,

    It is impossible to answer that without knowing which company’s shares you sold. Companies have different book closure dates.

  10. Hi, Nabin,

    It was only on December 22 that HDL proposed 75% bonus shares and 25% cash dividend for the fiscal year 2077/78.
    Listing will take time.

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