Kathmandu, July 31
NIBL Ace capital Ltd., a merchant and investment banker in Nepal has earned more than 1 million customers base and has been appointed as registrar and transfer agent of more than 50 public limited companies in a decade.
It
celebrated its 10th anniversary the other day.
The
company has managed more than 188 public issues with issue size over Rs. 35
billion. The total value of assets under management of NIBL Ace Capital is
above Rs. 5.5 billion. "It 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," the company said in a statement.
The
company said that it 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. It has been serving 34 Companies
under its corporate advisory service as well.
According
to NIBL Ace, it has successfully redeemed its 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 of the Securities Board of Nepal (SEBON).
Meanwhile, on the occasion, the company has announced an offer to pay Demat renewal fee
for 10 years on advance and get another 10 years' renewal for free, provide Market
Expert at Rs 10 only, and NIBL Sahabhagita Fund's gratitude offer to loyal
unitholders.
Published in The Rising Nepal daily on 1 August 2022.
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