Neev Corporation Appoints Global IME Capital as IPO Issue Manager

Neev Corporation Limited has appointed Global IME Capital Limited as the issue and sales manager for its planned Initial Public Offering (IPO) of 25 lakhs ordinary shares at a face value of Rs 100 each. The agreement was signed on Wednesday at Global IME Capital’s central office in Naxal, Kathmandu.

Established in 2076 BS, Neev Corporation operates in the agriculture and tourism sectors with its headquarters in Tulsipur, Dang. The company currently runs hotel and tourism businesses in Dang, Nepalgunj, and Surkhet, promoting local culture, cuisine, and traditions.

The company plans to expand its integrated hospitality, agriculture, and tourism business model to more than 20 locations across Nepal, from Ilam to Karnali and Sudurpaschim. It also aims to promote sustainable and environmentally friendly business practices through green development, local employment generation, and preservation of local culture.