Securities board of Nepal

Securities Board of Nepal
नेपाल धितोपत्र बोर्ड
Agency overview
Formed7 June 1993 (1993-06-07)
TypeRegulatory agency
Headquarters
Employees150+
Agency executive
Parent department
Ministry of Finance, Government of Nepal
Key document
  • Securities Act, 2006 [1]
Websitewww.sebon.gov.np

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][3] It follows the rules laid out in the Securities Act, 2006.[4][5] 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.[6]

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 (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:[7]

Merchant BankParent CompanyHeadquarterWebsite
Aakash Capital LimitedAakash GroupKathmandu (Thapathali) link
Arks Capital Advisors Limited-Kathmandu (Central Business Park, Thapathali) link
Asian Capital LimitedAsian Life InsuraceKathmandu (Maitidevi Complex, Maitidevi) link
Citizens Investment TrustCitizen Investment TrustKathmandu (New Baneshwor) link
Citizens Capital LimitedCitizens BankKathmandu (Dillibazar) link
Elite Merchant Capital Limited-Kathmandu (Lazimpat) link
Garima Capital LimitedGarima Bikas BankKathmandu (Hattishar) link
Global IME Capital LimitedGlobal IME BankKathmandu (Naxal) link
Himalayan Securities BankerHimalayan ReinsuranceKathmandu (New Baneshwor) link
Himalayan Capital LimitedHimalayan BankKathmandu (IT Plaza, Kamaladi) link
Himalayan Investment BankerHimalayan Life InsuraceKathmandu (New Baneshwor) link
Jyoti Capital LimitedJyoti Bikas BankKathmandu (Kamalpokhari) link
Kumari Capital LimitedKumari BankKathmandu (Nagpokhari) link
Laxmi Sunrise Capital LimitedLaxmi Sunrise BankKathmandu (New Baneshwor) link
Machhapuchre Capital LimitedMachhapuchchhre BankKathmandu (Sundhara) link
Market Pundit Capital & Merchant Banking Ltd.-Lalitpur (Jawlakhel) link
Muktinath Capital LimitedMuktinath Bikash BankKathmandu (Kamaladi) link
Nabil Investment bank LimitedNabil BankKathmandu (Central Plaza, Naxal) link
National Capital Limited-Kathmandu (Panipokhari) -
Nepal Life Capital LimitedNepal Life InsuranceKathmandu (Dillibazar) link
Nepal SBI Merchant Banking LimitedNepal SBI BankKathmandu (Hattishar) link
NIC ASIA Capital LimitedNIC ASIA BankKathmandu (Babarmahal) link
NIMB ACE Capital LimitedNepal Investment Mega BankKathmandu (Lazimpat) link
NMB Capital LimitedNMB BankKathmandu (Baluwatar) link
Prabhu Capital LimitedPrabhu BankKathmandu (Kamaladi) link
Provident Merchant Banking Limited-Kathmandu (Sankhamul) link
RBB Merchant Banking LimitedRastriya Banijya BankKathmandu (Teku) link
Reliable Investment & Merchant Capital Limited-Kathmandu (Baluwatar) link
Sampanna Capital and Advisory Nepal Ltd.-Lalitpur (Pulchowk) link
Sanima Capital LimitedSanima BankKathmandu (Naxal) link
Siddhartha Capital LimitedSiddhartha BankKathmandu (Naxal) link
Sunlife Capital Ltd.Sun Nepal Life InsuranceKathmandu (New Plaza, Putalisadak) link

See also

References

  1. ↑ "Securities Act, 2063" (PDF). Retrieved 24 July 2025.
  2. ↑ Getting Started With The Share Market In Nepal. Ink Vault Publications. 2024-03-27. ISBN 979-8-3211-0094-3.
  3. ↑ Koirala, Radhika (2012), A study on development of capital market in Nepal (with reference to NEPSE & SEBON)
  4. ↑ Shrestha, Rajani (2009), Performance of Securities Board of Nepal SEBON on capital Market in Nepal
  5. ↑ Medhacorplaw (2025-07-15). "Securities Act, 2007 (2063)". MedhaCorpLaw. Retrieved 2025-11-05.
  6. ↑ "SEBON". Retrieved 2024-03-25.
  7. ↑ "Merchant Bankers". Retrieved 2024-07-31.