Laxmi Sunrise Capital to Provide Advisory Services for NIIF’s IPO

Laxmi Sunrise Capital Limited (LS Capital) and Nepal Infrastructures Investment Fund (NIIF) have signed an agreement for LS Capital to provide advisory services for NIIF’s Initial Public Offering (IPO).

The agreement was formalized by Bijaya Lal Shrestha, CEO of LS Capital, and Dr. Manish Thapa, Executive Chairman of NIIF.

NIIF, established by Global Equity Fund Limited, focuses on sectors like agriculture, clean energy, tourism, ICT, healthcare, and manufacturing. It has a capital of NPR 150 crores, with 20% of its NPR 120 crores issued capital reserved for the IPO.

LS Capital, a leading merchant bank in Nepal and a subsidiary of Laxmi Sunrise Bank brings over 30 years of experience to this collaboration.