BRAC EPL Investments

What BRAC EPL Investments does

BRAC EPL Investments Limited (BEIL) is a Bangladesh-based investment bank and stock brokerage operator, jointly owned by BRAC Bank PLC and BRAC. Founded in 2000, the company operates two principal divisions: an Investment Banking division and a Stock Brokerage division (BRAC EPL Stock Brokerage Limited). The Investment Banking division provides equity capital market services (public, private, and quasi-equity), debt capital market services (loan syndication, project financing, bonds), portfolio management (CAP Edge, Managed Cap Edge, Cap Cash), corporate advisory (M&A, distress companies, asset-backed securities), and wealth management products (Progoti SIP, Shurokkha, Shomriddhi, Providdhi). The Stock Brokerage division provides equity brokerage, depository services, electronic fund transfers, IPO subscription, and dedicated services for retail investors and non-resident Bangladeshis (NRBs) through 7 branches across 5 cities.

The company's technology stack centers on capital markets infrastructure rather than proprietary software: the i-sheba platform provides online account management, BRAC EPL iDesk enables online BO account opening and trading, and integration with the DSE Mobile Trading App connects to Dhaka Stock Exchange's centralized order management system. BEIL holds Trading Right Entitlement Certificate (TREC) membership on the Dhaka Stock Exchange, brokerage on the Chittagong Stock Exchange, and full depository participant status with Central Depository Bangladesh Limited (CDBL). bKash mobile payment integration supports retail account funding.

The business model is primarily transaction-fee based, with advisory and underwriting fees from corporate finance mandates (IPOs, M&A, bond issuances) and commissions from equity trading and depository services. Portfolio management operates on a recurring fee model with a SEC-mandated margin lending cap of BDT 30 million. BEIL is positioned as a pioneer in Bangladesh capital markets, holding first-mover credentials on the first greenfield IPO, first green shoe option IPO, first book building method IPO, and first power sector bond IPO. The firm serves three primary segments: corporate issuers seeking capital markets access, institutional investors (including foreign portfolio investors), and retail/NRB investors.

Name

BRAC EPL Investments

Legal name

BRAC EPL Investments Limited

Website

https://bracepl.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

BRAC EPL Investments Limited is a Dhaka-based investment bank and stock brokerage firm, owned by BRAC Bank PLC and BRAC, providing equity and debt capital markets, portfolio management, corporate advisory, and wealth management services to corporate issuers, institutional investors, and retail/NRB clients in Bangladesh.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Miscellaneous Intermediation (523910)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

• Investment banking services
• Equity capital markets
• Debt capital markets
• Portfolio management services
• Stock brokerage services

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Investment Banking Services: Advisory fees, underwriting fees, and transaction-based revenue from corporate finance activities including IPOs, M&A advisory, bond issuances, and capital market transactions
2. Brokerage Services: Commission-based revenue from equity trading, depository services, and margin lending to domestic institutions, retail clients, and NRBs
3. Portfolio Management: Discretionary portfolio management services with margin lending capabilities (Cap 30 million) for managed accounts

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

BRAC EPL Investments Limited (BEIL) is a Bangladesh-based investment bank offering equity and debt capital market services, portfolio management, corporate advisory, and wealth management to corporate issuers and institutional clients. Through its BRAC EPL Stock Brokerage Limited subsidiary, BEIL also provides equity brokerage, depository participant services, IPO subscriptions, and NRB-focused investment services via online platforms (i-sheba, iDesk) and a 7-branch network across 5 cities.

Product overview

BRAC EPL Investments Limited (BEIL) operates as a leading investment bank in Bangladesh, jointly owned by BRAC Bank PLC and BRAC. The company offers a comprehensive suite of financial services through two main divisions: Investment Banking Services and Stock Brokerage Services. The Investment Banking division provides Equity Capital Market services (public/private/quasi-equity), Debt Capital Market services (loan syndication, project financing, bonds), Portfolio Management (CAP Edge, Managed Cap Edge, Cap Cash), Corporate Advisory (M&A, distress companies, asset-backed securities), and Wealth Management products (Progoti SIP, Shurokkha, Shomriddhi, Providdhi). The Stock Brokerage division operates as BRAC EPL Stock Brokerage Limited, offering equity brokerage, depository services, fund transfers (EFT/BFTN/RTGS), IPO services, retail and NRB brokerage, SMS alerts, online BO applications, the iDesk trading platform, and bKash payment integration. The company also operates i-sheba for online account management.

Differentiator

Problem solved

Functional benefit

Brands

• i-sheba: Digital investment account platform for investors to manage portfolios and access investment services
• CAP Edge
• Managed Cap Edge
• Cap Cash
• Progoti (SIP)
• Shurokkha
• Shomriddhi
• Providdhi

Products and services

• Equity Capital Market Services Provides public equity, private equity, and quasi-equity services for capital raising and investment activities for corporate issuers in Bangladesh.
• Debt Capital Market Services Offers loan syndication, club financing, project financing, and bonds and regulatory capital services for corporate and institutional clients.
• Portfolio Management Services Manages client investment portfolios through CAP Edge (self-directed within approved securities), Managed Cap Edge (fully discretionary), and Cap Cash (cash-focused conservative) offerings, including margin lending up to BDT 30 million per SEC directives.
• Corporate Advisory Provides advisory services including mergers and acquisitions, distress companies advisory, and asset backed securities for corporate clients.
• Wealth Management Products Comprehensive wealth management services including Progoti (Systematic Investment Plan), Shurokkha (secure investment), Shomriddhi (wealth growth), and Providdhi (growth and prosperity) investment products for individual investors.
• Equity Brokerage Services Stock brokerage services for domestic and international institutional and retail clients, executed as a TREC holder on DSE and CSE.
• BESL PROBASHI BINIYOG (NRB Investment Service) Investment service for Non-Resident Bangladeshis (NRBs) to invest in the Bangladeshi Capital Market through BO accounts funded by Non Resident Investor's Taka Account (NITA).
• Full Depository Participant (DP) Services Full depository services for electronic securities custody and management through CDBL integration.
• EFT/BFTN/RTGS Fund Transfer Services Electronic fund transfer services through Bangladesh's EFT, BFTN, and RTGS systems for fast settlement of equity trades and investor payments.
• IPO Subscription Services Initial Public Offering subscription and application services for retail and institutional clients.
• BRAC EPL iDesk Online Trading Platform Online stock trading platform for executing trades and managing Beneficiary Owner (BO) accounts.
• i-sheba Online Investment Platform Online investment account management and trading platform for investors to manage portfolios and access investment services.
• Retail Brokerage Service Brokerage services dedicated to individual retail investors, including IPO subscriptions and online trading support.
• NRB Brokerage Service Dedicated brokerage services for Non-Resident Bangladeshis to invest in Bangladeshi capital markets.
• Online BO Account Opening Service Online Beneficiary Owner account opening application service enabling digital onboarding for new brokerage clients.
• bKash Payment Integration Service Mobile payment integration allowing bKash users to fund their trading accounts directly.
• SMS Notification Service SMS notification service providing market updates and account alerts to brokerage clients.

Quantifiable outcome

• 17.21 times over-subscription on Generation Next Fashions IPO
• +2 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core.

• Bangladesh BankcoreOthersCentral bank of Bangladesh regulating the financial sector. BRAC EPL operates within regulatory framework set by Bangladesh Bank.
• Bangladesh Securities and Exchange Commission (BSEC)coreOthersRegulatory body overseeing capital markets. BSEC approves IPOs, bonds, and other securities offerings managed by BEIL.
• Dhaka Stock Exchange (DSE)coreTechnology or IntegrationStock exchange providing trading platform and market access. BRAC EPL is a TREC holder with access to DSE trading systems.
• Chittagong Stock Exchange (CSE)coreTechnology or IntegrationRegional stock exchange in Bangladesh. BRAC EPL provides brokerage services on both DSE and CSE.
• Central Depository Bangladesh Limited (CDBL)coreTechnology or IntegrationDepository services for electronic share registration and settlement. BEIL provides full depository participant services.

Scale indicators10 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• AIBL Capital Management Limited: AIBL Capital provides brokerage, margin lending and corporate advisory services in Bangladesh, competing with BEIL's brokerage and corporate finance operations.
• LankaBangla Investments Limited: LankaBangla Investments is one of the largest investment banks and stock brokerages in Bangladesh, providing ECM, DCM, brokerage, margin lending and portfolio management — directly comparable to BEIL across nearly every service line.
• Prime Bank Investment Limited: Prime Bank Investment is the investment banking subsidiary of Prime Bank in Bangladesh, active in IPO underwriting, brokerage, and corporate advisory — a direct competitor to BEIL in the bank-affiliated investment bank segment.
• EBL Investments Limited: EBL Investments is the investment-banking and brokerage arm of Eastern Bank in Bangladesh, offering ECM/DCM advisory, brokerage and margin lending — closely mirroring BEIL's banking-group-affiliated full-service model.
• IDLC Finance Limited: IDLC is a leading Bangladeshi investment bank and asset manager offering corporate advisory, securities trading, portfolio management and margin lending, serving institutional and retail clients similar to BEIL.
• Green Delta Capital Limited: Green Delta Capital is a Bangladeshi investment bank offering ECM/DCM advisory, brokerage and margin lending services — directly comparable to BEIL's corporate finance and brokerage franchise.

Emerging players

• City Bank Capital Limited: City Bank Capital is the investment banking arm of City Bank in Bangladesh, offering brokerage, margin lending and corporate advisory — an emerging direct competitor to BEIL with similar bank-affiliated positioning.
• Shanta Securities Limited: Shanta Securities is a smaller Bangladeshi brokerage focused on retail and institutional equity trading on DSE and CSE, providing a direct but more narrowly scoped competitive set to BEIL's brokerage operations.

Others

• BRAC Bank PLC: BRAC Bank PLC is the parent company of BRAC EPL Investments and one of Bangladesh's largest commercial banks; relevant as an enabling parent providing distribution, brand and funding support, though it is not directly competing in investment banking advisory.

Broad incumbents

• ICB Capital Management Limited: ICB Capital Management is a state-affiliated investment manager and broker in Bangladesh, offering a wider portfolio of asset management, brokerage and issue-management services and serving as a large established incumbent in the same capital markets ecosystem as BEIL.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/brac-epl-investments-limited

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BRAC EPL Investments