Swastik Agro Industries to Launch IPO; Nabil Investment Banking Appointed as Issue Manager
Swastik Agro Industries plans IPO under SME issuance rules, appoints Nabil Investment Banking as issue manager to expand dairy operations.
Swastik Agro Industries Limited is preparing to issue an Initial Public Offering (IPO) to the general public, under the Securities Issuance and Trading Regulations for Small and Medium Enterprises, 2081. The company has appointed Nabil Investment Banking Limited as the issue and sales manager.
Founded with the mission of promoting self-reliance in Nepal’s dairy industry, Swastik Agro operates under the slogan “From the Farm to the Kitchen.” The company produces and markets dairy and dairy-based products such as milk, curd, ghee, chocolate, and paneer.
Currently operating from Godar, Anusha District, Swastik Agro produces over 200 liters of milk daily from 35 high-quality cows, with plans to expand capacity to 100 cows in the near future.
In addition to dairy production, the company has plans to establish a packaging industry to strengthen its market position and emerge as a pioneering brand in Nepal’s dairy sector.
The IPO agreement was formally signed between Chairman & Managing Director of Swastik Agro, Mr. Satya Narayan Jha, and CEO of Nabil Investment Banking, Mr. Manish Narayan Joshi.
The IPO proceeds are expected to help the company scale its dairy operations, support packaging industry plans, and contribute to growth in Nepal’s dairy sector.