Nepal Infrastructures Investment Fund (NIIF) has signed an agreement with Laxmi Sunrise Capital Limited (LS Capital) for its upcoming IPO. LS Capital
Nepal Infrastructures Investment Fund (NIIF) has signed an agreement with Laxmi Sunrise Capital Limited (LS Capital) for its upcoming IPO. LS Capital has been appointed as the process advisor.
Bijaya Lal Shrestha, CEO of LS Capital, and Dr. Manish Thapa, Executive Chairman of NIIF, signed the agreement.
About the companies:
Global Equity Fund Limited manages Nepal Infrastructures Investment Fund (NIIF) and operates in sectors like tourism, ICT, healthcare, agriculture, clean energy, and manufacturing. The company has a capital of NPR 150 crores, with 20% of its NPR 120 crores issued capital reserved for the IPO.
LS Capital, a subsidiary of Laxmi Sunrise Bank, is one of Nepal’s leading merchant banks, with over 30 years of experience in the field.
