The company has appointed Laxmi Sunrise Capital as the issue manager for the upcoming IPO.
Nepal Infrastructures Investment Fund Limited has announced its plan to issue an Initial Public Offering (IPO) to the general public. The company has appointed Laxmi Sunrise Capital Limited as the issue and sales manager for the IPO. The agreement was signed by Bijaya Lal Shrestha, CEO of Laxmi Sunrise Capital, and Dr. Manish Thapa, Chairperson of Nepal Infrastructures Investment Fund Limited.
The IPO will consist of 30,00,000 ordinary shares with a par value of Rs. 100 each, totaling Rs. 30 crore.
Nepal Infrastructures Investment Fund Limited is a leading permanent capital investment fund in Nepal, managed by Global Equity Fund, which is the country’s first private equity and venture capital fund manager licensed by the Nepal Securities Board (SEBON). The fund primarily focuses on capital allocation to companies operating in key sectors such as clean energy, transportation, electric vehicles, solar and hydropower, information technology, agriculture, and hospitality.
The fund is promoted by some of Nepal’s foremost insurance companies, including Himalayan Life Insurance, Himalayan Everest Insurance, Prabhu Mahalaxmi Insurance, and Nepal Reinsurance, along with prominent business figures like industrialists Rajendra Khetan and Basanta Chaudhary.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
