Brahma Jyoti Holdings Announces IPO with Prabhu Capital as Issue Manager

Summary

Brahma Jyoti Holdings Limited has named Prabhu Capital Limited as the issue and sale manager for its IPO, which will offer 1.4 million shares to the public. The company operates hydropower, agriculture, hotel, and resort projects across Nepal.

Key Points
  • Brahma Jyoti Holdings appointed Prabhu Capital as issue and sale manager for its IPO.
  • They plan to issue 1,400,000 ordinary shares, forming 20% of the company's paid-up capital.
  • The agreement was signed by Managing Director Ram Prasad Pandey and CEO Aasis Gauchan.
  • Brahma Jyoti Holdings operates hydropower projects in Baglung and Gulmi and runs various agriculture and hospitality businesses.
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