Mr. Raju Poudel, the Chief Financial Officer of Arghakhanchi Cement, has expressed his excitement about Arghakhanchi Cement Partners with NMB Capital as IPO Issue Manager for the upcoming IPO as their trusted advisory partner.
Arghakhanchi Cement Limited, a well-known cement manufacturer is teaming up with NMB Capital, a leading Merchant Bank, to launch its Initial Public Offering of ordinary shares to the public. They plan on issuing the IPO through the book-building method. In this method, the issue manager determines the public issue’s price based on potential investors’ demand. According to this method, a company that wants to issue a share at a premium can issue their IPO at more than Rs. 100.
According to the agreement, Arghakhanchi Cement has appointed NMB Capital as the issue and sales manager. Arghakhanchi Cement has already approved the agenda in the 23rd annual general meeting on Magh 5th of 2078. The CEO of NMB Capital Limited, Mr. Deepesh Kumar Vaidya says that this collaboration reflects the company’s dedication to fostering Nepal’s capital market growth.