Fonepay and NMB Capital Limited Enter Agreement for IPO Advisory Services Prior to Public Issue
Fri, May 26, 2023 9:58 AM on Latest, IPO/FPO News,
Fonepay, the leading Payment Systems Operator in Nepal, has joined forces with NMB Capital, a prominent Merchant Banker, to offer comprehensive advisory services for initial public offerings (IPOs).
This collaboration is a significant milestone for Fonepay as it takes a momentous step towards becoming a publicly listed company in Nepal's capital markets.
By leveraging NMB Capital's expertise, Fonepay aims to provide tailored IPO advisory solutions and inspire other tech companies in Nepal.
The partnership is believed support Fonepay in preparing to issue its common stocks to the public, while ensuring accurate information dissemination to potential investors, setting a benchmark for successful IPOs in Nepal's technology sector.