Kalinchowk Investment to Launch IPO for Expansion into Key Growth Sectors

Shree Kalinchowk Investment Company Limited is set to issue an Initial Public Offering (IPO) of 30% of its NPR 800 million authorized capital after receiving approval from the Securities Board of Nepal (SEBON). Nabil Investment Banking Limited has been appointed as the issue manager.

The IPO aims to raise capital for expansion into key sectors such as tourism, energy, and agriculture, aligning with SEBON’s guidelines. The move will diversify the shareholder base, enhance corporate governance, and contribute to Nepal’s economic growth. With favorable market conditions and a strong investment focus, analysts expect strong demand for the shares.