Nebico Limited to Issue IPO Worth NPR 20 Crore; Appoints Siddhartha Capital as Issue Manager
Nebico Limited, one of Nepal’s oldest and most iconic food manufacturing companies, has officially announced its plans to go public by issuing IPO shares worth NPR 20 crore to the general public. To manage the Initial Public Offering (IPO), the company has appointed Siddhartha Capital Limited as the issue and sales manager.
An official agreement was signed between the two companies on Shrawan 8 (July 23), at Siddhartha Capital’s office in Naxal, Kathmandu. The agreement was signed by Mr. Raj Bahadur Singh, Chairman of Nebico Limited, and Mr. Sandeep Karki, Chief Executive Officer of Siddhartha Capital Limited.
About Nebico Limited
Established in 1964, Nebico Limited is recognized as Nepal’s pioneer in the food manufacturing industry. The company produces a wide range of products including biscuits, confectioneries, cookies, and cereals. Its main production facility is located in the Balaju Industrial Area of Kathmandu, with additional factories operating in Hetauda and Bhairahawa. The company boasts an annual production capacity of 1,500 metric tons.
Looking ahead, Nebico has plans to expand its product line to include bakery items, wafers, and puff snacks, both in the domestic and international markets. According to CEO Mr. Hom Nath Neupane, construction of a new manufacturing facility in the Hetauda Industrial Area is nearing completion, and the procurement of necessary machinery is already underway.
With this IPO, Nebico aims to strengthen its capital base, scale up operations, and reinforce its legacy as a trusted household brand in Nepal’s food sector.
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