SEBON Resumes Issuance of Merchant Banking Licenses for Issue Management and Share Registrar Services

The Securities Board of Nepal (SEBON) has reinstated the issuance of licenses for merchant banking services, specifically for issue management and share registrar operations. This decision marks the resumption of a process that was previously suspended on Shrawan 4, 2075.

As per the prevailing regulations, institutions seeking approval to conduct public issuances must have a minimum of ten years of experience in merchant banking operations. Furthermore, they are required to maintain a minimum paid-up capital of Rs. 1 Arba, with at least 30% allocated to equity capital, in compliance with regulatory provisions.