Machhapuchchhre Capital Appointed Issue Manager for Nepal Ceramic IPO

Machhapuchchhre Capital Limited and Nepal Ceramic Industry Private Limited have signed an agreement to manage the issuance and sale of Nepal Ceramic Industry’s Initial Public Offering (IPO). As per the agreement, Machhapuchchhre Capital has been appointed as the issue and sales manager for the public issuance of 30 lakh units of ordinary shares.

The agreement was signed by CEO Upendra Malakar on behalf of Machhapuchchhre Capital and Chairman Shambhu Nath Jha representing Nepal Ceramic Industry. Machhapuchchhre Capital, a subsidiary of Machhapuchchhre Bank, provides merchant banking services including underwriting, investment management, corporate advisory, depository participation, issue management, share registry, and mutual fund services under the authorization of the Securities Board of Nepal.