Securities board of Nepal


Securities Board of Nepal 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. It follows the rules laid out in the Securities Act, 2006. 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.
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

The Securities Board of Nepal regulates merchant banks under the Securities Businessperson Regulations, 2064 . 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 licensed by SEBON are:
Merchant BankParent CompanyHeadquarterWebsite
Aakash Capital LimitedAakash GroupKathmandu
Arks Capital Advisors Limited-Kathmandu
Asian Capital LimitedAsian Life InsuraceKathmandu
Citizens Investment TrustCitizen Investment TrustKathmandu
Citizens Capital LimitedCitizens BankKathmandu
Elite Merchant Capital Limited-Kathmandu
Garima Capital LimitedGarima Bikas BankKathmandu
Global IME Capital LimitedGlobal IME BankKathmandu
Himalayan Securities BankerHimalayan ReinsuranceKathmandu
Himalayan Capital LimitedHimalayan BankKathmandu
Himalayan Investment BankerHimalayan Life InsuraceKathmandu
Jyoti Capital LimitedJyoti Bikas BankKathmandu
Kumari Capital LimitedKumari BankKathmandu
Laxmi Sunrise Capital LimitedLaxmi Sunrise BankKathmandu
Machhapuchre Capital LimitedMachhapuchchhre BankKathmandu
Market Pundit Capital & Merchant Banking Ltd.-Lalitpur
Muktinath Capital LimitedMuktinath Bikash BankKathmandu
Nabil Investment bank LimitedNabil BankKathmandu
National Capital Limited-Kathmandu -
Nepal Life Capital LimitedNepal Life InsuranceKathmandu
Nepal SBI Merchant Banking LimitedNepal SBI BankKathmandu
NIC ASIA Capital LimitedNIC ASIA BankKathmandu
NIMB ACE Capital LimitedNepal Investment Mega BankKathmandu
NMB Capital LimitedNMB BankKathmandu
Prabhu Capital LimitedPrabhu BankKathmandu
Provident Merchant Banking Limited-Kathmandu
RBB Merchant Banking LimitedRastriya Banijya BankKathmandu
Reliable Investment & Merchant Capital Limited-Kathmandu
Sampanna Capital and Advisory Nepal Ltd.-Lalitpur
Sanima Capital LimitedSanima BankKathmandu
Siddhartha Capital LimitedSiddhartha BankKathmandu
Sunlife Capital Ltd.Sun Nepal Life InsuranceKathmandu