Bhagwati Composite Industries to Issue IPO; Nepal Life Capital Appointed as Issue Manager

Bhagwati Composite Industries Limited is preparing to issue an IPO at a face value of Rs. 100 per share, offering 6,44,000 shares, equivalent to 20% of its issued capital.

The company has appointed Nepal Life Capital Limited as the issue and sales manager, with the agreement signed on Mangsir 10 at Nepal Life Capital’s Kamalpokhari office by Chairperson Dakshina Gaitte Nyaupane and CEO Manish Ghimire.

Operating for the past 15 years in Bharatpur, Chitwan, Bhagwati Composite Industries has been producing high-quality industrial goods using advanced technology. Its products include SMC-based covers, WPC high-density hollow doors, partition boards, wall panels, and various fiber-reinforced plastic (FRP) items known for durability, water and pest resistance, and long-term usability.

Nepal Life Capital Limited, a subsidiary of Nepal Life Insurance, is a licensed merchant banking institution authorized to perform investment management, underwriting, depository services, institutional advisory, share registration, and public issue management.