Global IME Capital Limited (GICL) (then Elite Capital Ltd.) was incorporated in May 2008 under the Nepalese Companies Act 2007 and licensed by the Securities Board of Nepal under the Securities Act, 2007 to undertake merchant banking activities (Issue Management and Registrar to Shares). The Company has commenced its operations from August 2008. This is the first specialized merchant banking company in the history of Nepalese Capital Market.
Global IME Capital, a subsidiary of Global IME Bank Limited, which holds 60 percent of the paid up capital of Global IME Capital Limited, the balance paid up being held by the institutions and individuals who are actively involved in different businesses in Nepal. GIBL is licensed by Securities Board of Nepal as a Merchant Bank (Issue Management, Registrar to Shares, Underwriter and Portfolio Manager).
In the beginning, Global IME Capital has focused on Merchant Banking business. Global IME Capital leverages insights, relationships and a culture that emphasizes strong orientation to excellence, to offer services to its clients. It relies on its extensive experience, in-depth domain understanding and knowledge of the regulatory environment, to offer customized solutions that enable clients to meet their strategic aspirations.
It aspires to serve the capital markets of Nepal with high level of integrity, objectivity, technical consultancy and consistency.
Global IME Capital also aims to enter into other capital market businesses such as assets management and capital market advisory services in the recent future.