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NIDC Capital Markets Ltd. (NCML) was established under the Finance Company's Act 2042 under
the initiative of Nepal Industrial Development Corporation along with the participation of
other institutions such as National Life & General Insurance, National Productivity,
Rastriya Beema Sansthan, Rastriya Banijaya Bank, Nabil Bank, and Nepal Red Cross &
Provident Fund. It was registered with the Company Registrar office on 1-10-2049 &
commenced its operation from 28-10-2049.
NCML is the first Company to undertake merchant banking activity in Nepal. It has played
an instrumental role in introducing various companies to the general public through initial
public offerings (IPO). By providing services such as Registrar to shares, issuance of
securities and underwriting, NCML is “the pioneer” in strengthening the transactions of the
stock exchange by way of efficient transfer of title of shares.
At present, NCML has diversified its operations to include banking services such as deposits,
loans and cash advances, money transfer in addition to merchant banking.
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OBJECTIVE
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Solidify the capital market in the country by mobilizing internal resources.
- Develop investment opportunities in the prevalent industries and business sectors of Nepal to achieve sustainable economic growth
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