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Nebico Limited to Issue IPO Worth Rs. 20 Crore

by Expert Nepal
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Nebico Limited, one of the most esteemed and longest-established food manufacturing firms in Nepal, is preparing to launch an Initial Public Offering (IPO) valued at Rs. 20 crore for the public. To facilitate this endeavor, the company has engaged Siddhartha Capital Limited as the issue and sales manager. The contract was finalized on Shrawan 8, 2082, at the headquarters of Siddhartha Capital located in Naxal, Kathmandu.

Founded in 1964, Nebico operates from its primary facility in Balaju Industrial Area and has additional plants in Hetauda and Bhairahawa, boasting an annual output capacity of 1,500 metric tons. Its key offerings include biscuits, sweets, cookies, and breakfast cereals. The company also intends to broaden its range of bakery, wafer, and puff products both locally and abroad. A new plant is being built in the Hetauda Industrial Area to assist this growth, and the procurement of essential machinery is currently in progress.

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