Team Ventures Appoints Siddhartha Capital to Manage IPO of 25.18 Lakhs Units Of Shares

Team Ventures Limited is preparing to issue its Initial Public Offering (IPO) and has appointed Siddhartha Capital Limited as the issue and sales manager. The company plans to float 25 lakh 18 thousand shares to the public. An agreement was signed on 8 Mangsir 2082 between Team Ventures Chairman Kesang Shrestha and Siddhartha Capital CEO Sandeep Karki.

Established in 2073, Team Ventures is an investment company based in Sinamangal, Kathmandu, with a paid-up capital of NPR 1 billion. It has investments in hydropower, solar, manufacturing (including fish feed, TMT, PEB, steel), agro-infrastructure, and technology, with plans to explore new investment opportunities. The company’s board includes Lopsang Shrestha, Dorje Gyaltsen Lama, Sangey Dekyi Sherpa, and Bijaya Bahadur Shrestha, while Tenzing Sonam Gonsar serves as CEO.