Nebico Limited to Issue IPO Worth Rs. 20 Crore

Nebico Limited, one of Nepal’s oldest and most renowned food production companies, is set to issue an Initial Public Offering (IPO) worth Rs. 20 crore to the general public. For this purpose, the company has appointed Siddhartha Capital Limited as the issue and sales manager. The agreement was signed on Shrawan 8, 2082, at Siddhartha Capital’s office in Naxal, Kathmandu.

Established in 1964, Nebico operates from its main factory in Balaju Industrial Area and additional units in Hetauda and Bhairahawa, with an annual production capacity of 1,500 metric tons. Its main products include biscuits, confectionery, cookies, and cereals. The company also plans to expand its bakery, wafer, and puff product lines both domestically and internationally. A new facility is under construction in Hetauda Industrial Area to support this expansion, and the process of procuring necessary machinery is underway.