Tag: Nepal Securities Board

  • SEBON grants licenses to 11 new stock brokers

    SEBON grants licenses to 11 new stock brokers


    The Securities Board of Nepal (Sebon) has granted licenses to 11 new companies to act as stock brokers in Nepal’s securities market.The board issued the licenses on Monday, June 5, 2023.

    The 11 companies that received licenses are:

    • Elite Stock House Limited, Lazimpat, Kathmandu
    • Infinity Securities Limited, Sundhara, Kathmandu
    • Index Securities Limited, Dillibazar, Kathmandu
    • Shuvakamana Securities Pvt. Ltd, Naxal, Kathmandu
    • Mega Stock Markets Limited, Tripureshwore, Kathmandu
    • Hatemalo Financial Services Pvt. Ltd, Naxal, Kathmandu
    • Money World Share Exchange Pvt. Ltd, Putalisadak, Kathmandu
    • Machhapuchchhre Securities Limited, Lazimpat, Kathmandu
    • K.B.L Securities Limited, Tangal, Kathmandu
    • Kalash Stock Market Pvt. Ltd, Bhddhanagar, Kathmandu
    • NABIL Securities Limited, Durbarmarg, Kathmandu

    With the issuance of these licenses, the total number of securities dealers in Nepal has increased to 69. Of these, 50 are full-time securities brokers and 19 are limited-time securities brokers.

    The Sebon has been issuing licenses to new securities dealers in order to expand the reach of the stock market and to increase the number of investors. The board has also been taking steps to improve the regulatory framework for the securities market.

    The issuance of licenses to 11 new companies is a positive development for the Nepali stock market. It will help to increase the number of investors and to deepen the market. It will also help to improve the liquidity of the market.

    Sebon is expected to continue to issue licenses to new securities dealers in the coming months. This will help to further expand the reach of the stock market and to increase the number of investors.

    SEBON grants licenses to 11 new stock brokers 2

  • ‘Himalayan Stock Exchange’ applied for license of new stock exchange

    ‘Himalayan Stock Exchange’ applied for license of new stock exchange


    “Himalayan Stock Exchange” has applied for a license to the Nepal Securities Board for a new stock exchange. The application has been filed by Himalayan Stock Exchange, which has been established with the participation of prominent business families in Nepal, including Shankar Group, along with the largest industrial houses in Nepal such as Shekhar Golchha of Nepal Chamber of Commerce and Industry, former presidents of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) Pashupati Murarka, Rajendra Khetan of Khetan Group, Satish Lal Mor of Lucky Group, Vivek Dugar of Dugar Group, Shourabh Jyoti of Jyoti Group and other major traders and business houses. This is the first application for a stock exchange license by Himalayan Stock Exchange.

    The application has been filed by Himalayan Stock Exchange, along with investment from Rohit Gupta, Ashish Shrestha, Juni Gurung, and Deepak Bhatta.

    The deadline for applying for a license for the commodity exchange (Commodity Exchange) along with the stock exchange is until 10th Baisakh, 2079 (April 22, 2023). So far, only one application has been submitted under the name of Himalayan Stock Exchange.

    Similarly, there has been no application filed until Friday for the commodity exchange. The applications for the stock and commodity exchanges are separate.