Developed by Suraj Pokhrel. Calculations are estimates; the method and assumptions explain how to interpret them.
These formulas estimate a theoretical ex-issue price. They do not predict the next traded price. Check the issuer’s offer terms and the relevant NEPSE adjustment notice; use the subscription price for rights issued above face value.
Market Price After Bonus Share Adjustment: Rs. 0.00
How bonus share adjustment is calculated
This utility estimates a theoretical ex-bonus price from the pre-issue market price and bonus percentage. It does not value a company or predict its next traded price.
A 25% bonus issue, illustrated
01Before the issue
100 shares at NPR 1,000: a theoretical value of NPR 100,000.
02Additional shares
A 25% bonus adds 25 shares, giving 125 shares.
03Adjusted price
NPR 100,000 ÷ 125 = NPR 800 per share, before market movements.
The formula
Adjusted price = market price ÷ (1 + bonus percentage ÷ 100). Enter 25 for a 25% bonus, not 0.25.
Check the announcement
Confirm the percentage and applicable price with the issuer and NEPSE. Combined rights issues, cash distributions, taxes or other corporate actions may need different treatment. Actual market prices can move independently of this calculation.
USEFUL ANSWERS
Before using a bonus-adjusted price
This is a share-count adjustment, not a gain forecast. Keep the bonus percentage separate from any cash dividend or rights issue announced at the same time.
Do bonus shares automatically increase the value of my holding?
Not in this theoretical calculation. A 25% bonus turns 100 shares into 125. If the pre-issue price is NPR 1,000, the modelled adjusted price is NPR 800, so the total remains NPR 100,000 before market movements and costs.
No. It is a formula-based reference. Check the applicable NEPSE notice and issuer terms for the actual adjustment. Supply, demand and other market conditions can move the traded price away from the reference.