- CEO
- Dilshan Gunamini Wirasekara
- Full Time Employees
- 164
- Sector
- Miscellaneous
- Industry
- Miscellaneous
- Address
- Colombo Sri Lanka
- IPO Date
- Aug 22, 1994
- Business
- First Capital Holdings PLC is a full-service investment banking institution in Sri Lanka that provides capital market solutions, wealth management, and securities trading services. Founded in 1982 and incorporated in 1992, the company is headquartered in Colombo, Sri Lanka, and operates as a subsidiary of Janashakthi Limited (Janashakthi Group). First Capital Holdings functions as the holding entity for specialized operating subsidiaries, including First Capital Treasuries PLC, First Capital Asset Management Limited, First Capital Equities (Pvt) Limited, and First Capital Advisory Services (Pvt) Limited, serving institutional investors, corporate clients, small and medium enterprises (SMEs), high-net-worth individuals, and retail investors across Sri Lanka.
The company operates through five core business divisions, providing an extensive array of financial products and services: government securities trading via its non-bank primary dealership, facilitating the issuance, distribution, and secondary market trading of Treasury bills, Treasury bonds, and repurchase agreements; asset and wealth management solutions, encompassing private wealth management portfolios and open-ended unit trust funds such as money market funds, fixed income funds, gilt-edged funds, and growth equity funds; equity brokerage operations, offering institutional and retail stockbroking, equity research, and execution services on the Colombo Stock Exchange; corporate debt and dealing securities, providing commercial papers, corporate debentures, repos, and structured liquidity instruments; and corporate finance and advisory services, delivering capital market structuring, initial public offerings, mergers and acquisitions advisory, debt syndication, and financial restructuring.
In recent developments, the group has expanded its digital capabilities and operational reach. First Capital Treasuries PLC partnered with technology provider Yenasys to deploy an automated WhatsApp-based conversational bidding and investor onboarding platform for Treasury bill and bond auctions. The group also expanded its advisory division with tailored solutions designed to support small and medium enterprises in capital access and business scaling. In credit profiling, Lanka Rating Agency upgraded the national long-term rating of First Capital Treasuries PLC to A+(lka) from A(lka), citing strengthened financial metrics and risk management. Furthermore, the company reinforced its environmental, social, and governance (ESG) strategy by securing the Sustainability Standards and Certification Initiative Certificate of Acceptance, becoming the first investment institution globally to receive this recognition, while integrating into the United Nations Global Compact, the Women's Empowerment Principles, and the Partnership for Carbon Accounting Financials.