NIMB Ace Capital Celebrates 12 Years of Excellence in Merchant and Investment Banking

NIMB Ace Capital Limited, a subsidiary of Nepal Investment Mega Bank Limited, celebrates its 12th anniversary in merchant and investment banking. Licensed by SEBON, the company offers a variety of services including issue and sales management, RTS/RTA, depository participation, securities underwriting, and portfolio management. Notably, it introduced Nepal's first mutual fund scheme in 2014 and its first open-ended mutual fund in 2019.

CEO Shivanth Bahadur Pande thanked customers, regulators, and the team for their support and dedication, emphasizing the company's commitment to high investment returns.

NIMB Ace Capital manages five mutual funds with assets exceeding NPR 10 billion and has surpassed NPR 6 billion in portfolio management services. It serves over 4.15 million customers, manages share registries for 57 public companies, and has facilitated more than 500,000 DEMAT accounts and 200 public issuances.

The company is also licensed by SEBON as a Private Equity and Venture Capital Fund Manager, overseeing NIBL Equity Partners, which has invested over NPR 100 crores and is preparing for further fundraising. Chairman Sachin Tibrewal and other notable figures praised NIMB Ace Capital's achievements and prospects.