Promoter shares are the shares held by a company's founders and sponsoring institutions. In Nepal they are a separate class from the ordinary (public) shares, are locked in for a period after the IPO — usually three years — and after that can be sold only with the company's and regulator's approval.
Latest lock-in notices
- Lock In Open — TPKHL14 Oct 2026
- Lock In Open — TPKHL14 Oct 2026
- Lock in period completion of Mutual Funds — YMHL13 Oct 2026
- Lock in period completion of Mutual Funds — YMHL13 Oct 2026
- Public Notice - Lock-in Period Expiry — VLUCL12 Oct 2026
- Public Notice - Lock-in Period Expiry — VLUCL12 Oct 2026
- Lock-in Period Expiry Notice — VLUCL12 Oct 2026
- Lock-in Period Expiry Notice — VLUCL12 Oct 2026
How promoter shares differ
- They are listed and traded separately from ordinary shares, usually at a lower price.
- Lock-in: promoters can't sell for a set period after IPO allotment — usually three years, longer for some issuers.
- Board members and senior managers face further limits even after the lock-in.
Why lock-in expiry matters
When a lock-in ends, more shares can come to market. Many investors watch these dates for possible selling pressure, especially in small hydropower and microfinance companies.
Can the public buy promoter shares?
Promoter shares change hands mainly between eligible buyers through the separate promoter-share market or auctions, under the company's approval. Most retail investors buy ordinary shares.
Are promoter and owner the same?
Promoters are the founding owners. After the IPO, public shareholders also own the company, through ordinary shares.
Updated 27 October 2026. General information, not investment advice. Rules can change — check the latest NEPSE, CDSC or SEBON notice. Editorial policy · More NEPSE guides