Securities board of Nepal
| नेपाल धितोपत्र बोर्ड | |
| Agency overview | |
|---|---|
| Formed | 7 June 1993 |
| Type | Regulatory agency |
| Headquarters | Lalitpur (Satdobato), Nepal |
| Employees | 150+ |
| Agency executive | |
| Parent department | Ministry of Finance, Government of Nepal |
| Key document |
|
| Website | www |
Securities Board of Nepal (SEBON) (Nepali:नेपाल धितोपत्र बोर्ड) is the regulator of securities market in Nepal. It was established on June 7, 1993 after the first amendment in the Securities Exchange Act 1983.[2] It follows the rules laid out in the Securities Act, 2006.[3] The organization has four departments: Regulation, Supervision, Commodity Market and Research, and Management and Legal. These departments look after eight divisions, each responsible for different parts of the securities market. Within these divisions, there are twenty smaller sections.[4]
SEBON gets its operation cost from the government, fees charged for transactions on the stock exchange, and fees for registering corporate securities. Other income comes from fees for registering and renewing stock exchanges and other market players, as well as money from its revolving fund.
Merchant Bank
[edit]The Securities Board of Nepal (SEBON) regulates merchant banks under the Securities Businessperson (Merchant Banker) Regulations, 2064 (2008). These regulations define the scope, licensing, and operational standards for merchant banking activities. Nepal has 32 licensed merchant banks, with several more in the pipeline. Most are subsidiaries of commercial banks, though a few operate independently. The list of Merchant Banker (July 2025) licensed by SEBON are:[5]
| Merchant Bank | Parent Company | Headquarter | Website |
|---|---|---|---|
| Aakash Capital Limited | Aakash Group | Kathmandu (Thapathali) | link |
| Arks Capital Advisors Limited | - | Kathmandu (Central Business Park, Thapathali) | link |
| Asian Capital Limited | Asian Life Insurace | Kathmandu (Maitidevi Complex, Maitidevi) | link |
| Citizens Investment Trust | Citizen Investment Trust | Kathmandu (New Baneshwor) | link |
| Citizens Capital Limited | Citizens Bank | Kathmandu (Dillibazar) | link |
| Elite Merchant Capital Limited | - | Kathmandu (Lazimpat) | link |
| Garima Capital Limited | Garima Bikas Bank | Kathmandu (Hattishar) | link |
| Global IME Capital Limited | Global IME Bank | Kathmandu (Naxal) | link |
| Himalayan Securities Banker | Himalayan Reinsurance | Kathmandu (New Baneshwor) | link |
| Himalayan Capital Limited | Himalayan Bank | Kathmandu (IT Plaza, Kamaladi) | link |
| Himalayan Investment Banker | Himalayan Life Insurace | Kathmandu (New Baneshwor) | link |
| Jyoti Capital Limited | Jyoti Bikas Bank | Kathmandu (Kamalpokhari) | link |
| Kumari Capital Limited | Kumari Bank | Kathmandu (Nagpokhari) | link |
| Laxmi Sunrise Capital Limited | Laxmi Sunrise Bank | Kathmandu (New Baneshwor) | link |
| Machhapuchre Capital Limited | Machhapuchchhre Bank | Kathmandu (Sundhara) | link |
| Market Pundit Capital & Merchant Banking Ltd. | - | Lalitpur (Jawlakhel) | link |
| Muktinath Capital Limited | Muktinath Bikash Bank | Kathmandu (Kamaladi) | link |
| Nabil Investment bank Limited | Nabil Bank | Kathmandu (Central Plaza, Naxal) | link |
| National Capital Limited | - | Kathmandu (Panipokhari) | - |
| Nepal Life Capital Limited | Nepal Life Insurance | Kathmandu (Dillibazar) | link |
| Nepal SBI Merchant Banking Limited | Nepal SBI Bank | Kathmandu (Hattishar) | link |
| NIC ASIA Capital Limited | NIC ASIA Bank | Kathmandu (Babarmahal) | link |
| NIMB ACE Capital Limited | Nepal Investment Mega Bank | Kathmandu (Lazimpat) | link |
| NMB Capital Limited | NMB Bank | Kathmandu (Baluwatar) | link |
| Prabhu Capital Limited | Prabhu Bank | Kathmandu (Kamaladi) | link |
| Provident Merchant Banking Limited | - | Kathmandu (Sankhamul) | link |
| RBB Merchant Banking Limited | Rastriya Banijya Bank | Kathmandu (Teku) | link |
| Reliable Investment & Merchant Capital Limited | - | Kathmandu (Baluwatar) | link |
| Sampanna Capital and Advisory Nepal Ltd. | - | Lalitpur (Pulchowk) | link |
| Sanima Capital Limited | Sanima Bank | Kathmandu (Naxal) | link |
| Siddhartha Capital Limited | Siddhartha Bank | Kathmandu (Naxal) | link |
| Sunlife Capital Ltd. | Sun Nepal Life Insurance | Kathmandu (New Plaza, Putalisadak) | link |
See also
[edit]References
[edit]- ^ "Securities Act, 2063" (PDF). Retrieved 24 July 2025.
- ^ Koirala, Radhika (2012), A study on development of capital market in Nepal (with reference to NEPSE & SEBON)
- ^ Shrestha, Rajani (2009), Performance of Securities Board of Nepal SEBON on capital Market in Nepal
- ^ "SEBON". Retrieved 2024-03-25.
- ^ "Merchant Bankers". Retrieved 2024-07-31.