Exciting News! Janaki Cable Industries Chooses NIC Asia Capital for its IPO Launch!
Hello, everyone! We’re thrilled to bring you some exciting news from the Nepalese financial market! Janaki Cable Industries Limited, a leading cable manufacturer in Nepal, has chosen NIC Asia Capital to act as the Issue Manager for its upcoming Initial Public Offering (IPO). This is a significant step for Janaki Cable and a testament to NIC Asia Capital’s expertise in guiding companies through the IPO process.
This partnership highlights the growing strength of the Nepalese Stock Market and the increasing interest from companies to tap into the public market for capital raising. Janaki Cable, a renowned cable and conductor manufacturer, is set to embark on its journey to becoming a public company with the support of NIC Asia Capital.
NIC Asia Capital offers its comprehensive “IDEA to IPO service” that supports companies from their inception all the way to a successful IPO listing. Their expert team provides all the necessary financial advisory services and guidance, ensuring a smooth and efficient IPO issuance process. They assist companies with everything, from IPO application preparation to navigating the complexities of the stock market regulations.
Janaki Cable Industries is the first cable manufacturing company in Nepal to be certified with ISO 9001:2015, and they have earned European certifications like RoHS, CE, and IEC. They produce a wide range of electrical cables and conductors, including ACSR conductors, house wires, LV cables, auto cables, flexible wires, power cables, and electronic cables. Their commitment to quality and international standards makes them a leader in the Nepalese cable industry.
Under the umbrella of “IDEA to IPO”, NIC Asia Capital will provide support to Janaki Cable Industries. They will assist the company in transforming from a private limited company to a public entity, culminating in the issuance of shares to the public. For companies seeking to go public, they can reach out to Mr. Damodar Rayamajhi, Chief Merchant Banking Officer at NIC Asia Capital, for further assistance in IPO consulting.
This IPO announcement is a great opportunity for investors to participate in the growth story of a prominent Nepalese company. Stay tuned for more updates on Janaki Cable’s IPO timeline and details regarding the share offering. We’ll keep you informed about the IPO date, IPO price, and the overall IPO subscription process as information becomes available. This is a fantastic development for the Nepalese business sector!
Capital markets and investment opportunities in Nepal are evolving, so following the Nepali Stock Market closely is crucial for any investor. Keep up to date with all the Nepalese IPO related news!
