Laxmi Sunrise Capital Limited to Manage IPO of Genesis Ventures Limited – 2.5 Million Shares Planned

This collaboration highlights growing activity in Nepal’s capital market, especially among private investment firms seeking public listing to fuel expansion and long-term strategic growth.

Agreement Signed in the Presence of Senior Officials

The agreement was formally signed between the two organizations in the presence of senior officials. The signing ceremony was represented by:

• Bijaya Lal Shrestha, Chief Executive Officer of Laxmi Sunrise Capital Limited
• Anuj Rathi, Chairman of Genesis Ventures Limited

Both parties emphasized strengthening cooperation and ensuring a smooth IPO process in the upcoming issuance phase.

Role of Laxmi Sunrise Capital Limited

Under the agreement, Laxmi Sunrise Capital Limited will act as the issue and sales manager for the IPO.

Its responsibilities will include:

• Managing IPO issuance procedures
• Coordinating regulatory and procedural requirements
• Overseeing share allocation and sales management
• Ensuring compliance with capital market regulations
• Supporting investor outreach and market execution

With its experience in capital market operations, the company is expected to facilitate a structured and efficient public offering process.

Genesis Ventures’ IPO Plans and Objectives

Genesis Ventures Limited is a private market investment company engaged in identifying opportunities in unlisted equities and high-growth sectors.

Through the planned IPO of 2.5 million ordinary shares, the company aims to:

• Strengthen its capital base
• Expand investment capacity in high-potential sectors
• Enhance long-term business growth strategies
• Improve market visibility and investor participation

The IPO is seen as a key milestone in its transition toward a more structured and scalable investment model

The partnership between Laxmi Sunrise Capital Limited and Genesis Ventures Limited marks a significant development in Nepal’s IPO pipeline. With 2.5 million shares planned for issuance, the collaboration is expected to support Genesis Ventures’ expansion goals while offering new opportunities for investors in the capital market.