Nibh Corporation to Issue 2.5 Million IPO Shares, Global IME Capital Appointed as Issue Manager
Nibh Corporation Limited is set to issue 2.5 million ordinary shares to the general public, appointing Global IME Capital as the issue manager.
Nibh Corporation Limited has moved forward with its Initial Public Offering (IPO) plan for general investors. The company has appointed Global IME Capital as the issue and sales manager for the IPO process.
An agreement was signed between Nibh Corporation Chairman Yagya Murti Neupane and CEO of Global IME Capital Mandip Luitel.
The company plans to issue 2.5 million ordinary shares at a face value of NPR 100 per share, which will be offered to the general public.
Established in 2019, Nibh Corporation operates in integrated sectors including agriculture, tourism, and hospitality. The company has been running culturally inspired hotels and tourism services in areas such as Dang, Nepalgunj, and Surkhet.
With a long-term expansion strategy, the company aims to scale its operations to over 20 locations from Ilam to Karnali and Sudurpaschim, focusing on sustainable development, modern agriculture, and eco-friendly business practices.