NDB Securities
NDB Securities (Pvt) Ltd is a licensed Colombo Stock Exchange stockbroker founded in 1992, providing equity, debt, and mutual fund advisory alongside corporate advisory services to local and foreign individuals, corporates, and high-net-worth investors across Sri Lanka.
- Company typePrivate
- Founded1992
- HeadquartersColombo, Sri Lanka
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What NDB Securities does
NDB Securities (Pvt) Ltd is a licensed Colombo Stock Exchange stockbroker established in 1992, operating as a subsidiary of NDB Capital Holdings Limited within the National Development Bank PLC (NDB Bank) group. The firm is a full member of the CSE and is regulated by the Securities and Exchange Commission of Sri Lanka, executing client transactions in listed equity and debt securities and providing investment advisory across asset classes. Its core product set spans equity advisory, debt instruments advisory, and unit trust / mutual fund distribution, supplemented by group-level corporate advisory delivered with affiliated NDB Investment Bank — including IPOs, debentures, rights issues, loan syndications, securitisations, M&A, valuations, and private placements. The company serves five explicit customer segments: local individuals, foreign individuals, local corporates, foreign corporates, and high net-worth individuals and institutional investors.
The firm's go-to-market combines direct sales through a dedicated team of investment advisors, a self-serve web-based online trading platform, and physical distribution through the NDB group's branch network across Sri Lanka, with an international agent network for foreign clients. Revenue is primarily transactional: brokerage commissions on equity trades (0.640% brokerage on transactions up to Rs. 100M, plus CSE, CDS, SEC, and levy components totalling 1.12%; reduced rates above Rs. 100M), advisory fees on fixed-income portfolio management, and distribution fees on mutual funds channelled through NDB Wealth Management, the largest unit trust manager in Sri Lanka. Technology is built around the online trading platform and integrated with NDB Bank's mobile and online banking for CDS funding (Utility Bill Payment) and consolidated e-statements that combine bank, CDS, and wealth holdings. Differentiators cited include Bloomberg-ranked research (highest investment returns on CSE stock recommendations in 2012 and 2013), trilingual coverage in English/Sinhala/Tamil, adherence to compliance standards, and lead-manager roles in some of the CSE's largest IPOs and debenture listings.
NDB Securities firmographics
Firmographics- Name
- NDB Securities
- Legal name
- NDB Securities Pvt. Ltd.
- Website
- https://ndbs.lk
- Company type
- Private
- Founded year
- 1992
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- NDB Securities (Pvt) Ltd is a licensed Colombo Stock Exchange stockbroker founded in 1992, providing equity, debt, and mutual fund advisory alongside corporate advisory services to local and foreign individuals, corporates, and high-net-worth investors across Sri Lanka.
- Ownership category
- akta.pro rank
NDB Securities industry classification
Industry- Product category
- Securities Brokerage
- NAICS
- Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Securities and Commodity Exchanges (523210)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Asset-Backed Securities (6189), Investment Advice (6282)
- akta.pro primary industry
- Equity Capital Introduction & Prime Services (FSACAFAK)
- akta.pro secondary industry
- Captive CVC Fund (Dedicated corporate fund structure) (FSANAHAB)
Keywords
Where NDB Securities is headquartered
LocationHeadquarters
- HQ city
- Colombo
- HQ country
- Sri Lanka
- HQ region
- Asia
Offices1 record
Markets served
NDB Securities business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Equity Trading Commissions: Transaction-based fees earned on equity trades executed through the Colombo Stock Exchange. Fees are charged as a percentage of transaction value with tiered pricing based on transaction size (up to Rs. 100 Million at 1.12% total cost, over Rs. 100 Million with reduced rates).
- Fixed Income Advisory: Advisory services for debt portfolio management including corporate and government securities, backed by the investment advisory team and fixed income research capabilities.
- Mutual Fund Distribution: Distribution of unit trust funds including gilt-edged, indexed, income, balanced, growth, money market, and sector funds with value-driven investment philosophy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Transactions up to Rs. 100 Million |
| Transaction based/ take rate | Pay-as-you-go | Transactions over Rs. 100 Million |
| Unit Pricing | One time/ perpetual license | CDS Account Opening |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
NDB Securities product offering
Product offeringCore offering
NDB Securities is a licensed Sri Lankan stockbroker and investment advisory firm that provides equity trading on the Colombo Stock Exchange (CSE), advisory on debt securities, distribution of mutual funds/unit trusts, and corporate advisory services spanning IPOs, M&A, valuations, private placements, rights issues, debentures, loan syndications, and securitisations. It serves both individual investors through retail trading accounts and corporate clients through tailored capital markets advisory mandates.
Product overview
NDB Securities offers a comprehensive suite of investment banking and stock broking products and services through its platform. The core offerings include Equity Advisory Services, Debt Instruments Advisory, and Mutual Funds/Unit Trusts advisory, supported by Group Products offered through NDB Investment Bank including Corporate Advisory (M&A, Valuations, Private Placements), Initial Public Offerings (IPO), Debentures, Rights Issues, Loan Syndications, and Securitisations. The company provides an Online Trading Platform as its primary technological interface, supplemented by value-added services including Consolidated e-Statement, SMS Alerts, Research Library with daily market updates, educational materials, and research philosophy services. The products operate within the regulatory framework of the Colombo Stock Exchange and Central Depository System.
Differentiator
Problem solved
Functional benefit
Products and services
- Equity Advisory Services
Quantifiable outcome
- Highest investment returns for stock recommendations amongst analysts covering the CSE in 2012 and 2013 (Bloomberg)
- +1 more outcomes
Companies that use NDB Securities
Customer profileSegments5 records
Ideal customer profiles4 records
NDB Securities technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature3 records
NDB Securities partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- NDB Investment BankcoreNDB Investment Bank (NDBIB) is the flagship company of the NCAP Group, specializing in debt and equity structuring and distribution, corporate restructuring, mergers and acquisitions, and project financing. NDBS works with NDBIB to offer corporate advisory services, IPOs, rights issues, debentures, loan syndications, and securitizations to clients.
- NDB Wealth Management LtdcoreNDBWM, licensed by SEC, provides wealth management solutions and mutual fund management for institutions, high-net-worth investors, and retail market. NDBS distributes mutual fund products and collaborates on wealth management services. It is the largest unit trust fund manager in Sri Lanka.
- Zephyr Management L.P.minorUS-based Zephyr Management L.P. entered into a joint venture agreement with NDB Capital Holdings to set up a private equity fund and management company, with plans to float Sri Lanka's first dedicated private equity country fund.
- Colombo Stock ExchangecoreNDB Securities is a full member of the Colombo Stock Exchange (CSE), licensed stockbroker providing securities trading services and investment advisory on listed debt and equity securities through the exchange.
- Margin Trading Providers (NDB Bank, Commercial Bank, LB Finance, Pan Asia Bank, People's Merchant Finance, Sampath Bank, Seylan Bank, Softlogic Finance)minorVarious financial institutions licensed by CSE and SEC that provide margin trading facilities where investors can pledge their quoted share portfolio to obtain credit up to 50% of market value.
- NDB Bank PLCcorePartnership with NDB Bank PLC enabling fund transfers to CDS Accounts through the NDB Mobile App and Online Banking System using the Utility Bill Payment option. Also enables consolidated e-statements combining NDB Bank and NDB Securities account details.
Scale indicators5 records
Recent moves8 records
Expansion highlights6 records
NDB Securities competitors and assessment
Company assessmentBroad incumbents
- CT CLSA Securities: A joint venture combining local Sri Lankan brokerage expertise with CLSA's Asian brokerage network — comparable in equity brokerage but with broader international research capabilities.
- DFCC Bank: Sri Lankan development bank providing investment banking, capital markets, and securities services — overlapping with NDBS's investment banking and corporate advisory offerings.
- SC Securities (Sampath Capital): Stockbroking arm of Sampath Bank offering CSE brokerage and investment advisory within a broader banking group — comparable to NDBS's group-affiliated brokerage model.
Direct peers
- Acuity Stockbrokers: Colombo Stock Exchange member providing equity trading, research, and investment advisory — a direct Sri Lankan brokerage peer competing for retail and institutional clients.
- Capital Alliance: Sri Lankan financial services firm providing equity brokerage, investment advisory, and corporate finance — a direct competitor in NDBS's domestic core market.
- John Keells Stock Brokers: Licensed stockbroker of the Colombo Stock Exchange and a subsidiary of John Keells Holdings — directly comparable to NDBS in equity brokerage, research, and corporate advisory services within Sri Lanka.
- Lanka Securities: Full member of the Colombo Stock Exchange offering stockbroking, margin trading, and corporate advisory — competes head-to-head with NDBS in retail and institutional segments.
- First Capital Holdings: Sri Lankan investment bank and primary dealer offering equity brokerage, debt securities, and corporate advisory — overlapping directly with NDB Securities' equity, debt, and corporate finance products.
- CT Smith Stockbrokers: Licensed stockbroker of the CSE providing equity and debt trading services with a long operating history — comparable in scale and product offering to NDBS.
Regional players
- NDB Wealth Management: Sri Lankan licensed mutual fund manager and NDB Group affiliate — closely related to NDBS through mutual fund distribution and wealth management, though focused on asset management rather than brokerage.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
NDB Securities social profiles
Digital presenceNDB Securities compliance and trust
Trust signalCompliance3 records
NDB Securities financial estimates
Financial estimateRevenue estimate
Valuation estimate
NDB Securities leadership team
Management profileNumber of profiles
NDB Securities funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
NDB Securities M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about NDB Securities
What does NDB Securities do?
NDB Securities is a licensed Sri Lankan stockbroker and investment advisory firm that provides equity trading on the Colombo Stock Exchange (CSE), advisory on debt securities, distribution of mutual funds/unit trusts, and corporate advisory services spanning IPOs, M&A, valuations, private placements, rights issues, debentures, loan syndications, and securitisations. It serves both individual investors through retail trading accounts and corporate clients through tailored capital markets advisory mandates.
Is NDB Securities a public or private company?
NDB Securities is a private company. It is classified as corporate owned and is currently operating.
When was NDB Securities founded?
NDB Securities was founded in 1992. It employs 51 to 100 people.
Where is NDB Securities based?
NDB Securities is headquartered in Colombo, Sri Lanka, in the Asia region.
How does NDB Securities make money?
Three revenue lines are on record. Equity Trading Commissions are the primary driver. The others are fixed Income Advisory and mutual Fund Distribution.
Who are NDB Securities's main competitors?
Broad incumbents on record are CT CLSA Securities, DFCC Bank and SC Securities (Sampath Capital). Direct peers are Acuity Stockbrokers, Capital Alliance, John Keells Stock Brokers, Lanka Securities, First Capital Holdings and CT Smith Stockbrokers. NDB Wealth Management is listed as a regional player.
Does NDB Securities have an API?
No public API is recorded for NDB Securities.
What industry is NDB Securities in?
NDB Securities's product category is Securities Brokerage. Its primary akta.pro industry code is FSACAFAK, Equity Capital Introduction & Prime Services, with a secondary code of FSANAHAB, Captive CVC Fund (Dedicated corporate fund structure). Its NAICS code is 523940 and its SIC code is 6211.