Thrive Brokerage House Pvt. Ltd., a stalwart in Nepal’s stock brokerage sector, was founded in the year 2053 B.S., which corresponds to the 15th of July 1993 A.D. The company’s initial registration took place under the purview of the Nepalese Company Act as Annapurna Securities Pvt. Ltd. It was a significant moment in the company’s history when, from the 2nd Shrawan 2067 B.S. (18/07/2010 A.D.) to the same date the following year, the company rebranded itself as Thrive Brokerage House Pvt. Ltd. This transformation marked a new chapter in its journey.
Thrive Brokerage House Pvt. Ltd. is no stranger to regulatory approval, having earned a license from the Securities Board of Nepal (SEBON). Furthermore, it holds membership with the Nepal Stock Exchange Ltd. (NEPSE) and operates as a clearing member with CDS and Clearing Limited (CDSC).
A remarkable milestone in Thrive Brokerage’s history is its status as a founding member of the Nepal Stock Exchange Ltd. (NEPSE). With a history dating back to the era of the “Open Out Cry System,” Thrive Brokerage has been an active participant in Nepal’s stock market from its very inception. It holds the distinction of being the 13th firm among the initial 25 entities granted stock broking licenses in Nepal, bearing the Stock Broker Member Code No. 13.
Thrive Brokerage’s corporate headquarters are strategically located at Bacchapokhari Marg, Naxal, Kathmandu-1. In addition, it maintains a Work Station office in Gairapatan, Pokhara-4, both of which were inaugurated on the 25th Chaitra, 2066 B.S. (07/04/2010 A.D.).
Thrive Brokerage is committed to delivering comprehensive securities/shares broking services and extends its expertise in Depository Participant (DP) services through Nepal DP Limited, a publicly traded entity supported by the company.
With over two decades of experience in trading within the Nepalese stock market, Thrive Brokerage has cultivated a substantial base of satisfied individual clients who have entrusted their investments with the company over the long term. Among its institutional clients are a diverse array of both listed and non-listed public entities, as well as numerous private organizations.
Additionally, Thrive Brokerage takes pride in its portfolio of renowned international clients, including esteemed organizations such as the International Finance Corporation (IFC), the Asian Development Bank (ADB), Hotels Oberio, and the Korean Development Bank (KDB).
In conclusion, Thrive Brokerage House Pvt. Ltd. stands as a cornerstone of the Nepalese stock brokerage landscape, boasting a rich history of service excellence, regulatory compliance, and a diverse clientele that spans the globe. With a commitment to innovation and a proven track record, it continues to be a trusted partner for investors seeking success in Nepal’s dynamic stock market.