Nepal investment and securities trading pvt. Ltd. (nist) was registered on November 6, 1995 under Nepal govt. ministry of industry with office of co. registrar. Though it was registered in 1995, the operation of it started from jan 22, 1997 after obtaining the license form Securities Board of Nepal, Nepal stock exchange as the 19th number broker.
As we know that there are 50 numbers of license holder broker and all 50 brokers are in operations. Among the broker firm which are in operation Nist is regarded as top 10th broker company of the country. Nist is the first and major broker firm in the country with key points of representation of performing the transactions of govt.bond. It is a matter of pride that Nepal stock exchange has given license to only 6 companies for govt. bond brokerage transactions and it has performed all 5 transactions so far carried out in the country.
Nist has been a pioneer in upgrading itself from a Personal firm to a Private limited company in Nepal. It is the most successful broker firm amongst all in Nepal having a yearly turnover of about 1 billion.
It is also known as the first broker company who did the On Line Stock Trading at its own office.
The company is in compliance with the suggestion and directives of security board of Nepal and Nepal stock exchange which show its commitment for corporate governance and adoption of best priorities in the industry.
Nist has placed its customer in the core and has always given the topmost priorities to its client’s welfare. It is committed to provide efficient and effective service to all the clients all the time. We clearly understand that the service rendered by us has a direct impact on the financial health of our client and needs sophisticated handling. We believe in mutually beneficial relationship and grow together with the clients.
NIST is one of the pioneer broker company in Nepal. It was registered on 6th November 1995 under the company Act of Nepal as a private limited company. It started its business activities on 22nd, January, 1997 after obtaining license from Security Exchange Board of Nepal and Nepal Stock Exchange. It was allotted license number 19 by SEBON. We were among the first 30 brokers that were licenced to carry on the security trading business in Nepal. It is a matter of pride that NIST is one of the six companies authorised to carry out trading of government bonds.
We have also established a depository participant company, namely, Nepal DP Ltd in collaboration with other broker companies.
We have been associated with the stock market in Nepal since its inception. We have been witness to the major changes in the stock market and have played our role in utmost good faith and with professionalism under the aegis of NEPSE and SEBON.
Today, with a glorious history of 20 years, we are the first choice of brokers with the investors in Nepal. Even though the number of stock brokers were made fifty in 2068 B.S., we have been able to retain our base of clients and have been able to provide services to many more clients.
With a view to cater to the needs of investors outside Kathmandu valley, we also established a remote work station in Biratnagar, in 2068 B.S.. In a way we were also one of the first broker offices to open an office outside Kathmandu Valley.
We have employee base of 21. The turnover of the company has also picked up with the growth of the stock market.
To be the leading provider of brokering and investment portfolio management services in Nepal and in overseas securities investments.
In order to pursue our mission, we strive to do the follows:
- Be the broker of first choice in the trading of equity, bonds, debt securities and derivatives for our customers by delivering high quality profitable investment information and services,
- Maintain integrity and ethical conduct and high standard of governance in providing our services,
- Expand our services and reach out to overseas customers,
- Contribute positively to the market of Nepal,
- Create value for our customers,
- Work in tandem with SEBON and NEPSE