The Global IME Capital Limited (then Elite Capital Limited) was incorporated in May 2008 as the first merchant
banking company in the history of Nepalese securities market. The
company was incorporated under the Nepalese Companies Act 2007.
The Company has commenced its operations from August 2008. Under the
Securities Act, 2007, the Company has been licensed by the Securities Board of Nepal to undertake
merchant banking services in the country.