Kathmandu. With the aim of expanding its business by building a new brand in the premium drinking water industry, Brijhimalayan Spring Private Limited has joined hands with NMB Capital Limited for institutional consultancy work. The company has appointed NMB Capital as its official institutional consultant.
The company stated that this collaboration is an important step for Brijhimalayan Spring Private Limited to achieve its long-term goal of growing, expanding and developing its business by creating an established brand in the premium drinking water industry. According to the company, NMB Capital’s institutional advisory services, such as capital restructuring and financial advisory services, will play a supporting role in further expanding and strengthening the business by providing the company with the necessary advisory services in the process of bringing in various strategic partners.
In this journey, NMB Capital Limited will assist in financial consulting and capital restructuring required for the development of the company. Currently, this company is producing mineral water in 1 l., 500 ml., 250 ml. bottles and pure purified water in 20 l. jars under the “Purna” brand.
‘We are very happy to have NMB Capital Limited as our financial advisory partner. Their experience and knowledge will be important to further advance and develop this new project of ours under Kedia Organization. This collaboration is also a testament to our commitment to delivering high returns to our stakeholders,” said Satyam Kedia, Managing Director, Brijhimalayan Spring Private Limited, speaking about the collaboration.
Dipesh Kumar Vaidya, Chief Executive Officer, NMB Capital Limited, expressed his excitement about this collaboration, “We are excited to have the opportunity to work in line with NMB Capital’s mission of supporting new ventures in the manufacturing sector through our collaboration with Brijhimalayan Spring Private Limited. We will support the growth and development plans of Brijhimalayan Spring Private Limited,” said Vaidya.
As a new project of Kedia Organization, Brijhimalayan Spring Private Limited aims to create a new identity in the drinking water industry. Led by Manoj Kedia, Kedia Organization has successfully operated various businesses in the past, including finance, insurance, manufacturing industries (Siddharth Bank, Siddharth Premier Insurance Ltd, Siddharth Capital Ltd, Sanima Reliance Life Insurance, Avars Equity, Brij Cement, Shree Steels, Arghakhanchi Cement, Brij Additives, Brij Glass, ACN Concrete), and has been able to provide the highest returns to shareholders.
