Kathmandu. Nepal Infrastructures Investment Fund Limited (NIBL) is going to issue an IPO for the general public. Laxmi Sunrise Capital Limited has been appointed as the issue manager for the issue of ordinary shares.
Chief Executive Officer of Laxmi Sunrise Capital Limited Bijay Lal Shrestha and Chairman of Nepal Infrastructures Investment Fund Limited Dr. Dipu Moni signed the agreement on behalf of their respective organizations. Manish Thapa signed the agreement.
The company will be selling 3,000,000 units of IPO worth Rs 3,000,000 at a face value of Rs 100 each.
Nepal Infrastructures Investment Fund Limited is nepal’s leading permanent capital instrument investment organization. Which is managed by the Global Equity Fund. Global Equity Fund is nepal’s first private equity and venture capital fund manager approved by the Securities Board of Nepal. Nepal Infrastructures Investment Fund Limited has already mobilised capital in key sectors such as clean energy, transport, electric vehicles, solar, hydropower, information technology, agriculture and hospitality for the development of physical infrastructure.
This organization has been promoted by Nepal’s leading insurance institutions Himalayan Life Insurance, Himalayan Everest Insurance, Prabhu Mahalaxmi Insurance, Nepal Reinsurance as well as entrepreneurs Rajendra Khetan and Basanta Chaudhary.
