NIBL Ace Capital Celebrates 10th Anniversary

Jul 31, 2022 01:08 PM Merolagani

NIBL Ace Capital, a pioneer merchant and investment banker in the Nepalese capital market, is celebrating its tenth anniversary today, July 31.

Issuing a press statement, NIBL Ace Capital informed that it has more than 1 million satisfied customers base and has been appointed as Registrar and Transfer agent of more than 50 Public Limited companies.

According to the statement, the company has managed more than 188 public issue with issue size over 35 billion. The total value of assets under management of NIBL Ace Capital as on date is above NPR. 5.5 billion. The Capital has been successfully managing two close ended and one open ended mutual fund schemes, NIBL Samriddhi Fund-1, NIBL Pragati Fund and Nibl Sahabhagita Fund respectively. The company works in synergy with its client in Portfolio Management Services (PMS) and has been able to provide vivid services under PMS to more than 700 clients. The Capital has been serving 34 Companies under its corporate advisory service as well.

As per the company, it has experienced the phenomenal growth in its decade long tenure and has been one of the customer centric and innovation driven Investment Banker with an objective of creating value through innovative and dynamic financial products. Reflecting on 10 years of progress, the capital has successfully redeemed its very first closed-ended mutual fund scheme "NIBL Samriddhi fund -I" with outstanding return. Furthermore, the capital has filed a new closed-end mutual fund "NIBL Growth Fund", which is under preliminary review in SEBON's pipeline

“To commemorate this milestone, the capital has launched various attractive offers to its value clients such as pay Demat renewal fee for 10 years on advance and get another 10 years  renewal for free, Market Expert at Rs 10 only, NIBL Sahabhagita fund's gratitude offer to loyal unitholders (10 lucky investors investing in NIBL Sahabhagita Fund through SIP, will get units of NIBLSF equivalent to Rs 10,000 (winners will be announced through facebook live program). The offers comes with terms and conditions’ reads the statement.

 

 

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