First Capital is a firm built on entrepreneurial roots in the early 80’s. A symbiosis of several subsidiaries, First Capital provides comprehensive investment banking services. Our local geographic footprint covers Colombo, Kandy, Matara and Kurunegala. Our institutional trading efforts have global outreach.

Built on a legacy of business ethics and capital market capabilities, we are committed to serving a diverse client-base. We are listed on the Colombo Stock Exchange and exemplify governance tenets requisite for a publicly traded company. We are rated A- by ICRA Lanka.

We are strengthened by three decades of capital market experience and are fuelled by our stellar team. Through the one firm-numerous possibilities philosophy, we have been able to post extraordinary results for our group and clients.

 

INNOVATIVE SOLUTIONS

  • First primary dealer in Sri Lanka to launch a long-term, fixed-return repo investment option backed by government securities, raising in excess of LKR 1 Bn – ‘Platinum Bond’
  • Sri Lanka’s first AAA rated debenture, the first foreign guaranteed debenture (guaranteed by GuarantCo) raising LKR 1.4 Bn
  • The first insurance company guaranteed debenture (guaranteed by Janashakthi Insurance PLC)
  • Revolutionary microfinance receivables- backed securitization
  • Capital Markets Mobile Application, Sri Lanka’s first mobile application giving detailed insights to the stock market, government securities, debentures, research and more
  • First Capital Equity Fund, an ethical fund

RANKING

  • #1 in Debt Trading on the secondary market with a turnover of LKR 1.3 Bn for the period Nov 2015 – Nov 2016
  • Among the top 10 Equity Trading stockbrokers on the secondary market
  • First Capital Wealth Fund ranked best long-term performing fund among peers in terms of 5 year AER
  • #2 by funds raised through debt IPOs raising LKR 7.5Bn in 2015

FUNDS MOBILIZED

  • Volume of Government Securities channeled to the public through Primary Dealership totaled LKR 174 Bn in 2016/17
  • Over the last 3 years, we raised an average of LKR 17 Bn via corporate debt for our clients
  • Total funds raised by way of corporate debt and placement LKR 12.4 Bn in 2016/17
  • Funds raised through Debt IPOs LKR 1.75 Bn in 2016/2017
  • Total Assets Under Management LKR 3 Bn as at 31 March 2017

RESEARCH RECOMMENDATIONS

  • Fundamental research coverage of 62  listed securities (reflecting approximately 65% market  capitalization) across 15 sectors
  • The 2016 sample research portfolio recommendations outperformed the ASPI by approximately 150% (excluding dividends) with the portfolio providing a return of 5% while the ASPI declined by 10% during the same period

INTERNATIONAL PARTNERSHIPS

  • To enhance global reach, headway was made in 2015/16 in forming a strategic alliance with a well-placed Asian broking house
  • Capital Markets Partner for ‘The Report Sri Lanka’ produced by the global publishing firm Oxford Business Group (OBG) for the 2nd consecutive year