In an exciting development for Nepal’s financial landscape, Arghakhanchi Cement Limited, a prominent player in the cement manufacturing sector, has announced its partnership with NMB Capital Limited, a leading merchant bank, to launch its Initial Public Offering (IPO) of ordinary shares to the public. This collaboration marks a significant step towards expanding investment opportunities and fostering growth in Nepal’s capital markets.
Mr. Raju Poudel, the Chief Financial Officer of Arghakhanchi Cement, expressed his enthusiasm for the forthcoming IPO and underscored the strategic alliance with NMB Capital as a trusted advisory partner. He highlighted the invaluable experience and insights that NMB Capital brings to the table, emphasizing their joint commitment to delivering value to stakeholders.
On the other hand, Mr. Deepesh Kumar Vaidya, CEO of NMB Capital Limited, articulated the firm’s dedication to promoting growth in Nepal’s capital markets through the introduction of professionally managed and diversified companies. He expressed his eagerness to support Arghakhanchi Cement in realizing its goals and contributing to the overall development of the country’s economy.
This partnership between Arghakhanchi Cement and NMB Capital exemplifies the collaborative spirit driving innovation and progress in Nepal’s business landscape. As both entities prepare to embark on this transformative journey, they aim to leverage their respective strengths to maximize value creation for investors and propel the growth trajectory of Nepal’s capital markets.