A right share is a new share a listed company offers only to its existing shareholders, in proportion to what they hold — for example 1:1, one new share for each share — usually at the Rs 100 face value. You qualify if you hold the shares at the book-closure date, and you apply through Meroshare.
Right shares open or upcoming
Nothing is open or announced right now. See the pipeline →
How a right issue works
- The company announces the ratio and a book-closure date. Shareholders on the register then get the right.
- During the subscription window you apply in Meroshare (My ASBA → Apply for Issue, share type Right Share), up to your entitled units.
- Unsubscribed right shares are later sold through an auction.
What happens to the share price
On the book-closure date the market price is adjusted down, because new shares are being issued below market price:
Adjusted price = (Price before book closure + Paid-up value × Right ratio) ÷ (1 + Right ratio)
Example: a Rs 400 share with a 1:1 (100%) right at Rs 100 adjusts to (400 + 100) ÷ 2 = Rs 250.
Should you apply?
If you don't apply, your share of the company is diluted and the price adjustment still happens — so skipping a right issue usually costs you value. Apply if the company is one you want to keep holding.
Can I sell right shares?
Yes, once they are allotted and listed on NEPSE they trade like the company's other ordinary shares.
What is the difference between bonus and right shares?
Bonus shares are free — paid from the company's reserves. Right shares you pay for, usually at Rs 100 each. Both adjust the market price on the book-closure date.
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