NIMB Ace Capital Limited, a subsidiary of Nepal Investment Mega Bank Limited, marked 12 years in merchant and investment banking. As a licensed merchant banker from Securities Board of Nepal (SEBON), it operates services like issue and sales management, RTS/RTA, depository participant, securities underwriting, and portfolio management and so on. NIMB Ace Capital has consistently ranked among the top in its field, launching Nepal’s first mutual fund scheme in 2014 and its first open-ended mutual fund in 2019.
“Our success over the past 12 years is largely due to our valued customers and the support of regulators and other partners. This milestone wouldn’t have been possible without the dedication and passion of our team. We remain committed to providing the highest returns on investment for our clients in the future,”CEO of the company Shivanth Bahadur Pande expressed.
NIMB Ace Capital manages five mutual funds with over NPR 10 billion in assets and has surpassed NPR 6 billion in Portfolio Management Services, marking its leadership in Nepal’s financial sector. With over 4.15 million satisfied customers, the company serves as a share registrar for 57 public companies and has facilitated over 500,000 DEMAT accounts and 200 public issuances.
NIMB Ace Capital is also licensed by SEBON as a Private Equity and Venture Capital Fund Manager. It oversees NIBL Equity Partners, a private equity fund with a registered size of up to NPR 10 billion. NIBL Equity Partners has already invested over NPR 100 crores and is actively building a robust pipeline of future investments while preparing for additional fundraising.