11,27,46,371(84.0%)
2,14,75,499(16.0%)
13,42,21,871
Nepal Reinsurance Company Limited (Nepal Re / NRIC) is Nepal's first reinsurance company and a Government of Nepal undertaking. It was incorporated on November 7, 2014 under the Companies Act 2006, succeeding the Insurance Pool established in 2003 (which covered riot, sabotage, terrorism, and malicious damage), following a Council of Ministers decision dated August 7, 2014. It was formally inaugurated on December 22, 2014. The company operates on a public-private partnership model: the Government of Nepal holds roughly 44 percent, with non-life insurers (~27 percent), life insurers, public limited companies, and the general public holding the remainder. Nepal Re provides reinsurance support to life and general insurers and is listed on the Nepal Stock Exchange (NEPSE) under the symbol NRIC in the Others sector.
Nepal Reinsurance Company Limited (NRIC) is listed under "Others" sector at Nepal Stock Exchange (NEPSE) on June 10, 2020 with a market capitalization of NPR 1,28,65,16,63,353.5 (1.3 Kharab) and a float market capitalization of NPR 20,58,42,65,791.5 (20.6 Arab). It has a total of 13,42,21,871 (13.4 Crore) listed shares, of which 11,27,46,371 (11.3 Crore) (84%) are promoter shares and 2,14,75,499 (2.1 Crore) (16%) are public shares.
Nepal Reinsurance Company Limited (NRIC) has a total market capitalization of NPR 1,28,65,16,63,353.5 (1.3 Kharab) and a float market capitalization of NPR 20,58,42,65,791.5 (20.6 Arab). The book value stands at 93.16, resulting in a price-to-book value (PBV) of 10.29. The face value of each share is Rs. 100.
A total of 13,42,21,871 (13.4 Crore) shares of Nepal Reinsurance Company Limited (NRIC) are listed in NEPSE, of which 11,27,46,371 (11.3 Crore) (84%) are promoter shares and 2,14,75,499 (2.1 Crore) (16%) are public shares.
As of June 24, the latest trading price (LTP) of Nepal Reinsurance Company Limited (NRIC) is Rs. 958.5 (-6.8, -0.7%). Today, the stock opened at Rs. 918, reached a high of Rs. 985, and a low of Rs. 918. The previous closing price was Rs. 965.3, with a turnover of Rs. 26456712.8 and a trading volume of 27800 shares across 318 trades.
Over the past year, Nepal Reinsurance Company Limited (NRIC) has seen a 52-week high of Rs. 1842 and a low of Rs. 865. The all-time high was Rs. 2010 on June 08, 2021, while the all-time low was Rs. 315 on July 01, 2020. The 120-day average price is Rs. 1125.01, and the 180-day average is Rs. 1215.98. The 1-year yield is currently -20.97%.
Nepal Reinsurance Company Limited (NRIC) has an earnings per share (EPS) of -118.98 and a P/E ratio of -8.06. The book value per share is 93.16, and the price-to-book value (PBV) is 10.29. The stock's 1-year yield is -20.97%, and its fiscal year data is reported for 082-083, Q2. The paid-up capital is Rs. 13,42,21,87,100.
As per the guidelines set by the Nepal Stock Exchange (NEPSE), the opening range for Nepal Reinsurance Company Limited (NRIC) has been been determined to be between Rs 141.45 and Rs 424.35
The promoter unlocking date for Nepal Reinsurance Company Limited (NRIC) is on June 10, 2023. This date marks the end of the lock-in period for the company's promoter (eligible promoters, local people, employees etc) shares, allowing promoters to trade them freely on the stock exchange.
