Securities Board of Nepal (SEBON) () 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 (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:
Merchant Bank Parent Company Headquarter Website Aakash Capital Limited Aakash Group Kathmandu (Thapathali) link Arks Capital Advisors Limited - Kathmandu (Central Business Park, Thapathali) linkAsian 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) linkGarima 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) linkMarket 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 BankKathmandu (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) linkSampanna Capital and Advisory Nepal Ltd. - Lalitpur (Pulchowk) linkSanima Capital Limited Sanima Bank Kathmandu (Naxal) linkSiddhartha Capital Limited Siddhartha Bank Kathmandu (Naxal) link Sunlife Capital Ltd. Sun Nepal Life Insurance Kathmandu (New Plaza, Putalisadak) link
See also Nepal Stock Exchange
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