Asia Securities

What Asia Securities does

Asia Securities (Pvt) Ltd is a Colombo-based, privately-held investment firm founded in 1990 that operates as the #1 stockbroker in Sri Lanka by trading turnover. The company serves retail investors, high-net-worth individuals, and institutional/corporate clients through four core business lines: stockbroking on the Colombo Stock Exchange (including the proprietary ATRAD online and mobile trading platform), investment banking (M&A advisory, IPOs, and capital raising), wealth management (six unit trusts and private wealth advisory with initial AUM of LKR 3.0 billion at launch), and equity research. Revenue is generated through a combination of transaction-based brokerage commissions (reportedly 1.12% on trades up to LKR 100M), advisory and underwriting fees from investment banking mandates, recurring management and performance fees from unit trusts, and research-related income.

The firm was acquired in 2015 by a consortium led by current Chairman Dumith Fernando and has since pursued a multi-product expansion strategy. Key strategic actions include the 2018 merger with YSP Advisors to scale investment banking capabilities, an exclusive distribution partnership with Commercial Bank of Ceylon, and the build-out of a wealth management franchise. Asia Securities has advised on marquee domestic transactions including the Hayleys/Singer acquisition (described as Sri Lanka's largest corporate deal) and has won multiple FinanceAsia and Global Finance awards for Best Investment Bank, Best Brokerage, and Best Equity House. The firm employs 101–250 staff and has also pursued adjacent initiatives such as the DhanaMaga financial literacy program (2023) and Zero Carbon certification (2022), reflecting brand and ESG positioning rather than core operating differentiation.

Name

Asia Securities

Legal name

Asia Securities (Pvt) Ltd

Website

https://asiasecurities.lk

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

101–250 employees

Short description

Asia Securities is a privately-held Colombo-based investment firm and Sri Lanka's #1 stockbroker by trading turnover, offering stockbroking, investment banking, wealth management, and equity research to retail, HNW, and institutional clients.

Ownership category

akta.pro rank

Product category

Investment Banking and Brokerage

NAICS

Investment Banking and Securities Intermediation (52315), Portfolio Management and Investment Advice (52394)

SIC

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

akta.pro primary industry

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

akta.pro secondary industry

Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)

Keywords

• Equity brokerage services
• Wealth management solutions
• Investment banking advisory
• Stock market research
• Unit trust management

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Stockbroking: Brokerage fees from equity trading on the Colombo Stock Exchange. Transaction costs of 1.12% for trades up to LKR 100 million, with negotiable rates for larger transactions (minimum 0.2%).
2. Investment Banking: Advisory fees from M&A advisory, corporate advisory, IPOs, equity and debt capital raising, and strategic advisory services for corporate clients.
3. Wealth Management: Fees from unit trust management (Money Market Fund, Income Fund, Equity Opportunities Fund, Dynamic Income Fund, Gilt Fund, Dynamic Gilt Fund) and private wealth management services including discretionary portfolio management and investment advisory.
4. Research: Research services provided to clients, supporting stockbroking and investment banking activities with award-winning macroeconomic and equity research.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Asia Securities operates a full-service investment firm in Sri Lanka providing stockbroking (equity trading on the Colombo Stock Exchange via the proprietary ATRAD platform), wealth management (private wealth and unit trusts including Money Market, Income, Dynamic Income, Equity Opportunities, Gilt, and Dynamic Gilt funds), investment banking (M&A advisory, corporate advisory, equity and debt capital raising), and award-winning equity research. The firm serves retail, institutional, HNW, and corporate clients through direct advisory teams, digital self-serve trading, and strategic partnerships.

Product overview

Asia Securities is Sri Lanka's leading investment firm offering integrated financial services across four core business units: Stockbroking (equity trading, ATRAD online/mobile trading platform, strategic block trades), Wealth Management (Private Wealth Management and Unit Trusts including Money Market Fund, Income Fund, Dynamic Income Fund, Equity Opportunities Fund, Gilt Fund, and Dynamic Gilt Fund), Investment Banking (M&A Advisory, Corporate Advisory, Equity Capital Raising including IPOs and Private Equity, and Debt Capital Raising), and Research (Corporate Access, Independent Research Publications, and Investor Events). The firm also operates DhanaMaga, a free trilingual financial literacy programme. Asia Securities is the #1 ranked stockbroker in Sri Lanka and has been recognized with multiple awards including Best Stockbroker at FinanceAsia Country Awards 2025 and Best Investment Bank at FinanceAsia Awards 2025.

Differentiator

Problem solved

Functional benefit

Brands

• ATrad: Mobile and web-based trading platform for equity trading
• DhanaMaga

Products and services

• Stockbroking Equity trading on the Colombo Stock Exchange for domestic and international institutional, high-net-worth, and retail clients. Ranked #1 stockbroker in Sri Lanka by trading turnover market share in 2025/26.
• ATRAD Online and Mobile Trading Platform Proprietary web-based and mobile trading platform (Android and iOS) providing real-time trade and market updates, portfolio monitoring, and market analysis for equity trading on the Colombo Stock Exchange.
• Wealth Management Wealth management services for affluent, high-net-worth, and institutional clients encompassing Private Wealth Management (discretionary portfolio management, investment advisory, global market access, wealth planning) and Unit Trusts managed by professionals with international experience.
• Unit Trusts Diverse range of professionally managed unit trusts including Money Market Fund (launched 2020, liquid alternative), Income Fund, Dynamic Income Fund, Equity Opportunities Fund, Gilt Fund, and Dynamic Gilt Fund. Deutsche Bank serves as Trustee and Custodian.
• Investment Banking Full-service investment banking including M&A advisory, corporate advisory (financial restructuring and strategic advisory), equity capital raising (IPOs, private equity, rights issues), and debt capital raising (debentures, commercial paper, securitizations). Team has 75+ years combined IPO and M&A advisory experience across Sri Lanka, Singapore, Hong Kong, US, and Australia.
• Research Award-winning independent equity research with broadest coverage in Sri Lanka: 50+ stocks across 12 sectors (Banks, Construction, Energy, FMCG, Healthcare, Leisure, Manufacturing, NBFI, Retail, Telecom, Textiles, Transportation). Ranked #1 or #2 in CFA Sri Lanka Best Stockbroking Research Awards for 7 consecutive years. Includes corporate access engagements and the Annual Sri Lanka Investment Conference.
• Strategic Block Trade Executions Execution of large strategic block trades on the Colombo Stock Exchange for institutional and corporate clients, including notable landmark transactions (e.g., 56% sale of Piramal Glass to Blackstone, 30% sale of Expo Lanka to SG Holdings, Rs. 10.9bn Hayleys/Singer transaction).

Quantifiable outcome

• Sri Lanka's #1 stockbroker by trading turnover market share in 2025/26
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Four partnerships are on record, tiered core and minor.

• Carbon Consulting Company (Pvt) LtdcoreOthers · 1 January 2021Carbon Consulting Company certified Asia Securities as a ZeroCarbon® organization, making it Sri Lanka's first carbon neutral investment services firm. This certification validates the firm's environmental sustainability commitment.
• Commercial Bank of CeyloncoreStrategic or Co-development Partner · 1 January 2018Exclusive alliance with Sri Lanka's largest listed bank for providing investment banking services to customers of both companies. Combines Asia Securities' investment banking expertise with Commercial Bank's extensive customer base.
• Room to ReadminorStrategic or Co-development PartnerPartnership with Room to Read, a global non-profit focused on girls' education in Sri Lanka. Asia Securities supports the organization's financial literacy efforts through DhanaMaga and mentoring programs.
• Deutsche BankcoreOthersDeutsche Bank serves as Trustee and Custodian for Asia Securities Unit Trusts, maintaining security of underlying assets and ensuring securities are properly held in the fund's name.

Scale indicators10 records

Recent moves11 records

Expansion highlights5 records

Direct peers

• Acuity Stockbrokers: Sri Lanka equity broker offering institutional and retail execution on the CSE, directly competing with Asia Securities for turnover share. Comparable in customer mix and fee-based transaction revenue model.
• CT Smith Stockbrokers: Established Colombo-based stockbroker serving retail and institutional clients on the CSE. Comparable execution and corporate access proposition to Asia Securities' brokerage unit.
• SC Securities (Seylan Bank): Stockbroking subsidiary of Seylan Bank providing CSE equity trading services. Comparable in combining banking-origination channel access with brokerage execution, similar to Asia Securities' bank-distribution model.
• Capital Alliance Securities: Sri Lankan broker and corporate finance provider serving institutional and retail clients. Comparable integrated securities offering across trading and advisory services.
• First Capital Markets: Sri Lankan full-service capital markets firm (part of First Capital Holdings) offering stockbroking, investment banking, asset management and research. Closest direct peer given its integrated multi-line business model matching Asia Securities' four pillars.
• John Keells Stock Brokers (JKSB): Sri Lanka stockbroking arm of John Keells Holdings, providing CSE equity trading to retail and institutional clients with similar revenue mix (transaction-based brokerage) as Asia Securities. The most directly comparable broker on the Colombo Stock Exchange.
• DF Stockbrokers (DFCC Bank Group): Stockbroking arm of DFCC Bank in Sri Lanka, offering CSE equity execution and corporate finance services. Competes for both retail flow and corporate mandates much like Asia Securities.

Broad incumbents

• CLSA (CITIC Securities): Global emerging and frontier markets broker and IB with long-standing Asia-EM execution footprint. Sets the broader competitive bar for institutional Sri Lanka flow and IB mandates alongside Asia Securities.
• J.P. Morgan Investment Banking: Global bulge-bracket investment bank with active South Asia M&A and ECM franchise. Competes with Asia Securities Advisors for high-end Sri Lankan M&A, rights-issue and cross-border mandates.

Emerging players

• ICICI Securities: India-listed full-service securities firm offering broking, distribution, wealth and investment banking, providing a regional template for scaling emerging-market securities franchises that are now adding unit trust and wealth platforms similar to Asia Securities.

Market position

Strengths6 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCLSO2qQL7ARf56GowJ39kow
• Facebookfacebook.com/AsiaSecuritiesSriLanka
• LinkedInlinkedin.com/company/asia-securities-private-limited
• Instagraminstagram.com/asiasecurities.lk/?hl=en
• Xx.com/AsiaSecurities

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

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 Asia Securities