Green Delta Capital

What Green Delta Capital does

Green Delta Capital Limited (GDC) is a Bangladesh-based, BSEC-regulated full-fledged merchant bank and investment bank incorporated in 2011 (operations cited from 2010 in some sources) and headquartered at Green Delta Aims Tower in Dhaka. It operates as a subsidiary of Green Delta Insurance Company Limited and serves as the investment banking arm of the Green Delta Group. The firm organizes its business across three divisions: Corporate & Institutional Investment Banking (equity origination, debt syndication, M&A advisory, corporate valuation, private equity, and PPP financing), Portfolio & Wealth Management (discretionary schemes GD Perform-Max and GD Planner, non-discretionary schemes GD MTF and GD Cash, plus wealth management), and Research (capital market and economic publications covering 200+ listed equities and 15+ sector reports).

The company's revenue model blends transaction-fee income on capital markets mandates with recurring AUM-based management fees on its portfolio management schemes (typically 1.5–2.0% of AUM) plus broker fees of 0.35–0.45%. Corporate advisory and underwriting fees are quote-based and not publicly disclosed. Its go-to-market is relationship-driven enterprise field sales targeting corporations, conglomerates, financial institutions, and government PPP entities, supported by a dedicated research team that doubles as a top-of-funnel marketing channel via daily, weekly, monthly, and sector reports. Distribution is direct-only with no intermediaries; clients access services via relationship managers, the Dhaka office, or digital rails (DSE-Mobile trading, BEFTN, EFT).

GDC differentiates primarily through a sequence of first-mover transactions in Bangladesh's capital markets — the country's first cross-border M&A (Akij Group, USD 78M), first sustainability bond certified by Moody's (Runner, BDT 2,675M), first Sukuk (PRAN Foods, BDT 1,000M), first private-sector PPP port financing (RSGT, USD 100M) — and through a privileged network of global DFIs (FMO, IDCOL, ICD, ADB, DEG, Standard Chartered). It has been recognized internationally with the Asiamoney Best Local Investment Bank (South Asia) award for BRI (2018) and ICD's Finnovation Award (2020). Headcount sits in the 51–100 band with no disclosed external equity funding; revenue is not publicly reported.

Name

Green Delta Capital

Legal name

Green Delta Capital Limited

Website

https://greendeltacapital.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

51–100 employees

Short description

Green Delta Capital is a BSEC-licensed merchant bank and investment bank in Bangladesh offering equity origination, debt syndication, M&A advisory, PPP financing, portfolio management, and capital market research to corporates, financial institutions, and retail investors.

Ownership category

akta.pro rank

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

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, Infrastructure

Revenue model

1. Corporate & Institutional Investment Banking Fees: Fees earned from equity origination (IPO, QIO, RPO, rights issues, underwriting), debt syndication (bond issuance, project financing, foreign currency loans), M&A advisory, corporate valuation, and PPP financing advisory services. Revenue is transaction-based, driven by deal closings in capital markets.
2. Portfolio & Wealth Management Fees: Management fees charged on Assets Under Management (AUM) for discretionary and non-discretionary portfolio management schemes (GD Perform-Max, GD Planner, GD MTF, GD Cash). Also includes transactional broker fees on trades and account renewal fees. Fee structures vary by scheme and client type (individual vs. corporate).
3. Research & Advisory Publications: Capital market and economic research publications delivered to internal and external stakeholders including local and international companies. Revenue derived indirectly through support of client acquisition and retention for investment banking services.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Green Delta Capital provides merchant banking, investment banking, and financial advisory services to corporate, institutional, and individual clients in Bangladesh. Its core offerings include equity origination (IPOs, rights issues), debt syndication (bond issuance, Sukuk, sustainability bonds), M&A advisory, corporate valuation, private equity, PPP financing, and portfolio management services (discretionary and non-discretionary schemes). The firm also publishes proprietary capital market and economic research to support investment decisions.

Product overview

Green Delta Capital is a full-fledged Merchant Bank in Bangladesh offering a diversified portfolio of investment banking services through three key business divisions: Corporate & Institutional Investment Banking, Portfolio & Wealth Management, and Research. The Corporate & Institutional Investment Banking division encompasses equity origination, debt syndication, merger & acquisition advisory, corporate valuation, private equity, and PPP financing services. The Portfolio & Wealth Management division provides discretionary schemes (GD Perform Max, GD Planner) and non-discretionary schemes (GD MTF, GD Cash) for managing stock market investments. The Research division delivers capital market and economic research reports. The company also offers specialized ESG and Impact Investment Banking services. All services are licensed and regulated by Bangladesh Securities and Exchange Commission (BSEC).

Differentiator

Problem solved

Functional benefit

Products and services

• Corporate & Institutional Investment Banking Comprehensive investment banking services including equity origination, debt syndication, merger and acquisition advisory, corporate valuation, private equity, and PPP financing for corporate and institutional clients in Bangladesh.
• Equity Origination End-to-end equity financing services including IPO management, Qualified Investor Offer (QIO), Rights Issue Offering (RIO), Repeat Public Offering (RPO), underwriting, and listing assistance for corporate clients.
• Debt Syndication Expertise in structuring capital base through debt financing solutions including bond issuance, asset-backed securities, Islamic Shariah-based securities (Sukuk), green and blue bonds, sustainability bonds, and long-term foreign currency debt financing.
• Merger & Acquisition Advisory Comprehensive advisory services for M&A transactions including buy-side and sell-side advisory with expertise in domestic and international markets, including Bangladesh's first cross-border M&A transaction.
• Corporate Advisory, Valuation & Other Services Financial valuations, strategic corporate governance advisory, trusteeship services for bondholders, and security agent services for corporate clients.
• Private Equity Identification of companies needing equity funding with strong business models and committed management, leveraging connections with global fund managers for synergistic investments.
• PPP Financing PPP Financing partnership designated by the Public Private Partnership Authority (PPPA) since 2016, blending private and public sector investments for priority infrastructure projects.
• Portfolio Management Service Professional management of stock market investments offering discretionary and non-discretionary schemes for individual and institutional investors with dedicated relationship managers and research team.
• GD Perform Max Discretionary portfolio management scheme for investors seeking long-term equity market investment with continuous profit and minimum risk, managed by professional portfolio managers. Minimum investment: BDT 1 million (individuals), BDT 5 million (corporate).
• GD Planner Discretionary portfolio management product for small retail investors featuring regular small deposits, blue chip stock investments, tax benefits, and optional accidental death/disability insurance coverage up to BDT 1 lac per year. Minimum deposit: BDT 3,000.
• GD MTF Non-discretionary portfolio management scheme with margin loan facilities for portfolio construction and return maximization at competitive interest rates (16.50% margin interest rate) and loan ratios (01:0.5). Minimum investment: BDT 1 Lac (individual), BDT 1 MN (corporate).
• GD Cash Non-discretionary cash account maintenance service for investors preferring cash/own equity trading in the capital market without margin loan facilities. Minimum Investment: BDT 50,000.
• Wealth Management Bespoke wealth planning services including investment management, estate planning, corporate finance counsel, and specialized wealth management products tailored to individual client needs.
• Capital Market Research In-depth analysis of companies, industries and economies providing viewpoints on current market conditions and investment research for capital market information across 200+ listed equities.
• Economic Research Economic outlook research, cross-national market research, macroeconomic policy analysis, and sustainability research covering macroeconomic indicators and consumer behavior.
• ESG Investment Banking ESG investment banking services pioneering sustainable finance in Bangladesh through relationships with global Development Finance Institutions and access to diverse Global Funds.
• Impact Investment Banking Channeling funds into sectors and projects delivering positive financial returns alongside significant social and environmental benefits aligned with UN Sustainable Development Goals.
• Initial Public Offering (IPO) End-to-end IPO process management including precise valuation, market analysis, and regulatory compliance for seamless transition to public markets.

Quantifiable outcome

• First-ever cross-border M&A transaction from Bangladesh — Akij Group's USD 78 million acquisition of two Malaysian companies
• +4 more outcomes

Named customers24 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Partnerships

Seven partnerships are on record, tiered core.

• Green Delta Insurance Company Limited (Parent Company)coreOthers · 6 April 2016Green Delta Insurance Company Limited is the parent company of Green Delta Capital. The insurance company provides accidental death and disability insurance coverage for GD Planner investors (up to BDT 1 lac per year), enhancing the retail investment product's value proposition.
• Bangladesh Securities and Exchange Commission (BSEC)coreOthersGreen Delta Capital is a full-fledged Merchant Bank licensed and regulated by BSEC. BSEC is the statutory regulatory body overseeing Bangladesh's capital markets under the Bangladesh Securities and Exchange Commission Act of 1993.
• Bangladesh BankcoreOthersBangladesh Bank is the central bank of Bangladesh and a key regulatory authority for the financial sector. Green Delta Capital operates within the regulatory framework set by Bangladesh Bank for capital market and investment banking activities.
• Dhaka Stock Exchange (DSE)coreOthersDSE is the primary stock exchange in Bangladesh where Green Delta Capital facilitates trading for its portfolio management clients. The company provides research publications and supports client access to DSE-listed securities.
• Chittagong Stock Exchange (CSE)coreOthersChittagong Stock Exchange is the secondary stock exchange in Bangladesh, and Green Delta Capital is connected to both DSE and CSE for client trading activities.
• Central Depository Bangladesh Limited (CDBL)coreOthersCDBL is the central depository for securities in Bangladesh. Green Delta Capital clients maintain BO (Beneficial Owner) accounts with CDBL for electronic share custody and settlement.
• Public Private Partnership Authority (PPPA) — BangladeshcoreOthersSince 2016, Green Delta Capital has been designated as a PPP Financing Partner by the PPPA, empowering the company to act as a key player in arranging funds for Public-Private Partnership projects in Bangladesh.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• EBL Investments Limited: Bangladesh-based investment banking arm focused on primary and secondary capital market services, including portfolio management and brokerage. Overlaps directly with GDC's equity origination and portfolio management businesses.
• LankaBangla Investments Limited: Bangladesh-based investment and securities arm of LankaBangla Finance, offering brokerage, margin financing, and advisory services. Direct peer in non-discretionary portfolio management and equity brokerage.
• IDLC Finance Limited: One of Bangladesh's largest non-banking financial institutions offering investment banking, capital markets, and asset management services. Direct competitor for corporate advisory, debt syndication, and equity origination mandates.
• Asian Tiger Capital Partners Investment Limited: Bangladesh-based investment bank with a comparable focus on IPO management, debt issuance, and corporate advisory for mid-market and emerging corporates. Directly competes on issuance and advisory mandates.
• ICB Capital Management Limited: Bangladesh government-affiliated investment management and merchant banking entity, providing asset management, custodial, and capital market services. Direct peer in domestic portfolio management and securities mandates.
• BRAC EPL Investments Limited: Bangladesh-based merchant bank and investment bank offering equity origination, debt syndication, M&A advisory, and portfolio management services. Directly comparable to GDC across all three divisions, and notably the former employer of GDC's MD & CEO.
• Prime Finance & Investment Limited: Bangladesh-based merchant bank and broker providing portfolio management, advisory, and securities services. Comparable mid-sized domestic competitor for advisory and retail/HNI mandates.

Regional players

• Kotak Mahindra Capital Company: India-headquartered investment bank covering ECM, DCM, and M&A across South Asia, including Bangladesh cross-border mandates. Operates regionally with similar product mix but does not focus solely on Bangladesh like GDC does.

Broad incumbents

• HSBC Bangladesh: Global universal bank offering corporate finance, capital markets, and wealth services in Bangladesh. Overlaps with GDC on large-ticket cross-border mandates and DCM, but as part of a much broader regional franchise.
• Standard Chartered Bangladesh: Global universal bank with full-service presence in Bangladesh including corporate finance, DCM, and transaction banking. Has participated in GDC-led syndications as financier; competes for large cross-border and DCM mandates.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCcF_EVr1bNkMmke1oCLJBvA
• Facebookfacebook.com/gdcapital
• LinkedInlinkedin.com/company/green-delta-capital-ltd-

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Green Delta Capital