NIBL Equity Partners Invests in Laxmi Steels to Strengthen Nepal’s Steel Industry

NIBL Equity Partners, managed by NIMB Ace Capital, has invested in Laxmi Steels Limited (LSL) to enhance its manufacturing capabilities and market expansion. The agreement, signed on March 25, 2025, marks a significant step in strengthening Nepal’s steel industry.

LSL, a key player under Saurabh Group, operates a state-of-the-art facility in Sunwal, Nawalparasi, producing TMT Rods, Billets, and Ribbed Wires. This strategic partnership aims to boost efficiency, innovation, and infrastructure development, reinforcing Nepal’s industrial growth.