Right Share Adjustment Calculator

How this tool works Method, sources & assumptions

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 Right Share Adjustment:
Rs. 0.00

Theoretical price after a rights issue

Enter the pre-issue market price, rights percentage and subscription price. The subscription price is what is paid for each new share; it is not necessarily the face value.

A 50% rights issue at NPR 100

01Existing shares

100 shares at NPR 500 have a theoretical value of NPR 50,000.

02New subscription

50 new shares at NPR 100 add NPR 5,000.

03Combined amount

NPR 55,000 ÷ 150 shares = NPR 366.67 per share.

The formula

Adjusted price = (market price + subscription price × r) ÷ (1 + r), where r is the rights percentage divided by 100.

What this result means

This is a mathematical reference, not a fair-value assessment or a price forecast. Check the issuer’s terms and the NEPSE adjustment notice. Fees, taxes and other corporate actions are not included.