Kathmandu. Swastik Agro Industries Limited is going to issue an IPO. Nabil Investment Banking Limited has been appointed as the issue manager for the issue of shares.
Satya Narayan Jha, Chairman and Managing Director of Swastik Agro Industries Limited and Manish Narayan Joshi, CHIEF Executive Officer of Nabil Investment Banking Limited signed the agreement on behalf of their respective sides.
The company will issue the primary issue to the general public in the near future after obtaining necessary approval from the regulatory bodies in accordance with the provisions contained in the Securities Registration and Issue Regulations and the Guidelines on The Issuance and Allotment of Securities under the Existing Small and Medium Enterprises Securities Issue and Transaction Regulations, 2081 BS.
The company has been established with the objective of producing and packaging milk and dairy products such as curd, ghee, chocolate and paneer. Established with the main objective of making the country self-reliant on milk and milk products through indigenous production and providing pure milk and dairy products to consumers with the theme of “From Goth to Kitchen” to consumers, the company is currently producing and selling more than 200 liters of milk daily from 35 cows of the best breeds like Jersey and Holstone on 2 bighas of land located in Godar of Dhanusha district in the name of the company. is.
The company has already prepared a shed with the aim of adding 65 cows to 100 cows in the near future. The company is conducting studies and research with the aim of establishing a packaging industry in the near future and making it an excellent and reputed company for the dairy production sector.
