Many investors in Nepal hold odd lot shares—shares numbering 1, 2, 4, 5, or 9 units—in their Demat accounts. These small quantities typically accumulate from bonus shares or rights issues, and some investors may even forget that they have them.
In Nepal, shares fewer than 10 units cannot be traded on the regular (normal) market. Many investors mistakenly believe that to sell such shares, they must either buy more shares to reach the standard lot size or simply leave them in their account. However, odd lot shares can be sold easily through a dedicated facility on the Nepal Stock Exchange (NEPSE).
Since Poush 2075 B.S., when NEPSE introduced the online trading system, investors could trade 1 to 9 shares as odd lot shares. Initially, the process lacked transparency, making it difficult for investors to see who was buying or selling these shares.
To make odd lot trading more transparent and efficient, NEPSE introduced a new system in Saun 2082 B.S. Under the updated rules, investors can now check market depth on NEPSE’s official website, which shows the number of shares buyers have placed for purchase and the prices.
How to Sell Odd Lot Shares
Suppose an investor has 2 odd lot shares of a company in their Demat account. To sell them:
- Visit the NEPSE website and click on Market Depth.
- Search for the company whose shares you want to sell.
- Market Depth will display trading details. The top section shows regular market trades, while the bottom section shows odd lot orders, including the number of shares and bid prices.
- Check the Buyers’ price and quantity for the odd lot shares you wish to sell.
- Log in to your TMS (Trading Management System) and navigate to the Odd Lot section.
- Place a Sell Order matching the buyer’s price and quantity. Once the details match, your odd lot shares are sold immediately.
This system now allows investors to liquidate even small share holdings quickly, helping reduce idle shares and improving portfolio flexibility.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
