Organic growth in combination with strategic acquisitions and divestments facilitated our metamorphosis over three decades. We reshaped our business platform and grew our geographic footprint enabling the provision of a comprehensive investment banking offering to an expanded client-base. We gradually cemented our transformation into the dynamic investment bank we are today.
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.
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)
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
#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
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
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
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