Himalayan Capital

What Himalayan Capital does

Himalayan Capital Limited is a Nepal-based merchant bank and investment services provider headquartered in Kathmandu at IT Plaza, Kamaladi. The company operates as a licensed Merchant Banker under the Securities Exchange Board of Nepal (SEBON) and Nepal Rastra Bank (NRB), explicitly positioning itself as an extension of the legacy of Himalayan Bank Limited, established in 1993. Its service portfolio spans merchant banking (IPO/FPO management, rights issues, securities underwriting, and Registrar to Shares services), investment banking and fund management (eight or more distinct portfolio management schemes plus the Himalayan 80-20 mutual fund), corporate advisory (valuation, M&A, tax planning, private equity, venture capital, and financial restructuring), and depository participant services via CDSC. The company serves individual investors across risk profiles, corporate issuers, and high-net-worth clients, with PMS minimums ranging from NRs. 300,000 to NRs. 5,000,000.

Revenue is generated through a combination of transaction-based fees (issue management, underwriting, depository transactions), recurring management fees on PMS and mutual fund AUM, and project-based advisory fees for corporate engagements. Distribution is hybrid: a digital self-service layer (Himalayan Live mobile app, online DEMAT and Mero Share account opening via flowvity.himalayancapital.com, web-based calculator tools) paired with professional advisory delivered by a C-suite team including CEO Parmeshwar Pant, COO and Company Secretary Ram Prasad Bhattarai, CIO (Investment & Wealth Management) Sujan Ratna Bajracharya, CIO (Alternative Investments & Advisory) Mooja Manandhar, and Chief of Economic Intelligence, Risk Management & IT Nimesh Prasad Adhikary. Technology integrations include NEPSE live market data, CDSC for depository operations, Meroshare, and payment processors eSewa and Connect IPS. No AI/ML capabilities are disclosed, and the company is privately held with no reported funding rounds, M&A activity, or published revenue figures.

Name

Himalayan Capital

Legal name

Himalayan Capital Limited

Website

https://himalayancapital.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Himalayan Capital Limited is a Nepal-based merchant bank providing IPO/FPO management, securities underwriting, portfolio management, mutual fund management, and corporate advisory services to individual investors, corporate issuers, and HNW clients under SEBON/NRB regulatory oversight.

Ownership category

akta.pro rank

Product category

Investment Banking

NAICS

Portfolio Management and Investment Advice (52394), Open-End Investment Funds (525910)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro primary industry

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG)

akta.pro secondary industry

Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Merchant banking services
• Investment banking services
• Portfolio management services
• Corporate advisory services
• Mutual fund management

Headquarters

HQ city

Kathmandu

HQ country

Nepal

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Merchant Banking Services: Capital raising services including IPO management, FPO management, rights issues, and securities underwriting. The company acts as issue manager and underwriter for public securities offerings, earning fees based on the size and structure of capital raised.
2. Securities Registrar Services: As Securities Registrar (RTS service provider), maintains records of securities, handles transfer and redemption of securities, share splits, pledging, transfer of ownership, and dividend payments. Generates fees for custodial and administrative services.
3. Portfolio Management Services: Discretionary and non-discretionary portfolio management under various investment schemes (Sarbottam Pratifal Yojana, Dirghakalin ShuvaLav Yojana, Santulit Pratifal Yojana, etc.) with minimum investments ranging from NRs. 300,000 to 5,000,000. Revenue from management fees and performance-based charges.
4. Fund Management: Management of the Himalayan 80-20 mutual fund scheme, a collective investment scheme aimed at maximizing returns through disciplined investment practices managed by experienced managers.
5. Corporate Advisory: Strategic guidance for business valuation, mergers & acquisitions, tax planning, capital structure management, compliance, HR support, and startup advisory services. Revenue generated through advisory fees.
6. Depository Participant Services: DEMAT account services for securities dematerialization and rematerialization, maintaining investor accounts, and processing security transactions. Generates fees from account maintenance and transaction processing.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels8 records

Core offering

Himalayan Capital Limited operates as a Nepal-based merchant bank providing capital raising, securities issue management, underwriting, and registrar services to corporate issuers. The company also offers investment banking and fund management services through multiple portfolio management schemes, manages the Himalayan 80-20 mutual fund, and provides corporate advisory, private equity, and venture capital services. It additionally operates as a Depository Participant offering DEMAT account services and the Mero Share online share application platform, delivered via its Himalayan Live mobile application.

Product overview

Himalayan Capital operates as a merchant bank offering an integrated platform of financial services. The core offerings include Merchant Banking (capital raising, securities issue management, underwriting, and registrar services), Investment Banking & Fund Management (portfolio management and multiple investment schemes), and Corporate Advisory including Private Equity & Venture Capital. The company provides digital services through the Himalayan Live mobile app, DEMAT account services, and the Mero Share online platform. The product portfolio also includes the Himalayan 80-20 mutual fund, various portfolio management schemes (Sho-Bibek PMS, Mero Portfolio Yojana), and seven distinct Pratifal Yojana investment schemes catering to different investor profiles. Additionally, the company offers digital financial planning tools including SIP Calculator, Risk Calculator, and Goal Calculator.

Differentiator

Problem solved

Functional benefit

Brands

• Himalayan 80-20: Mutual fund product managed by Himalayan Capital Limited
• Sarbottam Pratifal Yojana
• Dirghakalin ShuvaLav Yojana
• Santulit Pratifal Yojana
• Sambriddha Naari Pratifal Yojana
• Jestha Nagarik Pratifal Yojana
• Sunishchit Pratifal Yojana
• Mero Portfolio Yojana
• Sho-Bibek PMS
• Himalayan Live

Products and services

• Merchant Banking Capital raising support, securities issue management (IPO, FPO, rights issues), underwriting commitments, and registrar services for corporate issuers and investors in Nepal's capital markets.
• Investment Banking and Fund Management Portfolio management services with discretionary and non-discretionary investment strategies, plus collective investment scheme fund management aimed at maximizing client returns through disciplined professional management.
• Corporate Advisory, Private Equity and Venture Capital Strategic guidance for business valuation, mergers and acquisitions, private equity and venture capital investments, business plan development for funding applications, loan syndication, and financial restructuring for corporate clients.
• Himalayan 80-20 Mutual Fund Mutual fund product managed by Himalayan Capital Limited, providing diversified investment exposure across equity and fixed income with regular NAV updates and financial reporting.
• DEMAT Account Services Depository participant services for individual and institutional investors, including DEMAT account opening, share dematerialization and rematerialization, transfer of ownership, pledge setup, and custodian of securities.
• Mero Share Services Online platform for Mero Share application processing that enables investors to apply for IPOs, FPOs, and manage share applications digitally.
• Securities Registrar Services (RTS/RTA) Registrar to shares services maintaining records of securities, handling transfer and redemption of securities, share splits, pledging, transfer of ownership, dividend payments, and AGM advisory for listed companies.

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Himalayan Bank LimitedcoreOthersHimalayan Capital follows the proud legacy of Himalayan Bank Limited which has been Nepal's leading financial institution since its inception in 1993. Himalayan Capital was established to provide financial solutions in the same vein, carrying forward the promise of reliable and sustainable growth.
• MeroshareTechnology or IntegrationIntegrated platform for online DEMAT and share services, allowing customers to access Mero Share functionality through Himalayan Capital's digital platforms (flowvity.himalayancapital.com and Himalayan Live app)
• NEPSE (Nepal Stock Exchange)coreTechnology or IntegrationNEPSE live market data integrated into Himalayan Live app for real-time stock market information access for investors
• SEBON (Securities Exchange Board of Nepal)coreOthersRegulatory body governing securities and capital markets in Nepal. Himalayan Capital operates as a licensed Merchant Banker under SEBON regulations
• NRB (Nepal Rastra Bank)coreOthersCentral bank of Nepal providing regulatory oversight for financial institutions. Himalayan Capital operates under the regulatory framework established by NRB for Merchant Bankers
• CDSC (Central Depository and Settlement Corporation)coreTechnology or IntegrationNational depository system for securities. Himalayan Capital operates as a Depository Participant enabling DEMAT services for investors
• Himalayan Laghubitta Bittiya Sanstha LtdminorOthersRelated financial institution under the Himalayan group, providing microfinance services in Nepal
• Himalayan SecuritiesminorOthersRelated securities company under the Himalayan group providing securities brokerage services

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Laxmi Capital Market Limited: Nepal-licensed merchant bank providing share registration, underwriting, portfolio management, and mutual fund services. Directly competes with Himalayan Capital for issuance mandates and PMS mandates in the Nepali market.
• IME Capital Limited: Merchant banking arm operating within Nepal's capital markets offering IPO/FPO management, underwriting, and PMS. A direct competitor to Himalayan Capital in primary issuance and managed portfolio services.
• NIBL Capital Markets Limited: Merchant banking and investment management arm of Nepal Investment Bank Limited. Offers IPO/FPO management, underwriting, PMS, and mutual funds in Nepal — directly comparable to Himalayan Capital's product set and target issuers/investors.
• Prabhu Capital Limited: Licensed merchant banker in Nepal offering capital market services including issue management, underwriting, and portfolio management. Competes for the same primary-market issuance mandates as Himalayan Capital.
• Citizens Capital Limited: Nepali merchant bank focused on issue management, registrar services, and investment management. Competes directly with Himalayan Capital for corporate issuer mandates and retail PMS AUM.

Broad incumbents

• Himalayan Bank Limited: Legacy parent/affiliated commercial bank established in 1993. Although not a direct merchant banking competitor, it underwrites Himalayan Capital's brand credibility and provides cross-referral potential into capital markets products, while also offering broader retail banking services in the same market.

Regional players

• Himalayan Securities Limited: Group-affiliated securities brokerage within the Himalayan financial services family. Provides secondary-market trading services that overlap with Himalayan Capital's investor base in Nepal, with potential for both cooperation and channel conflict.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/hclnepal
• Facebookfacebook.com/hclnepal
• LinkedInlinkedin.com/company/hclnepal

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 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 Himalayan Capital