Arghakhanchi Cement Appoints NMB Capital as Issue Manager for IPO Offering

Mon, Apr 15, 2024 12:45 PM on Latest, IPO/FPO News, Corporate,

Arghakhanchi Cement Limited, a prominent cement manufacturer in Nepal, is teaming up with NMB Capital Limited, a leading merchant bank in the country, to launch its Initial Public Offering (IPO) of ordinary shares to the public.

Mr. Raju Poudel, the Chief Financial Officer of Arghakhanchi Cement, expressed excitement about the upcoming IPO and highlighted the collaboration with NMB Capital as their trusted advisory partner.

He emphasized the value NMB Capital's experience and insights will bring to their IPO journey, reaffirming their commitment to delivering value to stakeholders.

Mr. Deepesh Kumar Vaidya, CEO of NMB Capital Limited, stated that their partnership with Arghakhanchi Cement reflects NMB Capital's dedication to fostering growth in Nepal's capital markets by introducing professionally managed and diversified companies. He expressed eagerness to support Arghakhanchi Cement in achieving its goals.