The Securities Board of Nepal (SEBON) has granted Machhapuchhre Capital Limited approval for de-listing, sales management, and share registration.
With this approval, Machhapuchhre Capital Limited can now oversee the issuance, sale, and distribution of primary public offerings (IPOs), right shares, debentures, and other securities. Additionally, the company will manage shareholder records, dividend distribution, and ownership transfers as a share registrar.
A subsidiary of Machhapuchhre Bank Limited, Machhapuchhre Capital operates as a public limited company in the merchant banking sector. It offers various financial services under SEBON’s regulations, including securities guarantees, investment management, institutional consultancy, deposit membership, and collective investment fund services.
Recently, the company successfully launched and sold all units of its first closed-end collective investment fund, “MBL Equity Fund.” With its newly acquired approvals, Machhapuchhre Capital now provides a full range of merchant banking services, reinforcing its commitment to offering reliable and transparent financial solutions to the public, institutional investors, and stakeholders.
