Amudi Foods to issue IPO worth Rs 200 million

Summary

Amudi Foods Limited plans to issue 2 million shares worth Rs 200 million with Global IME Capital Limited managing the IPO. The company produces snacks under the U-n-Me brand.

Key Points
  • Amudi Foods Limited will issue 2 million ordinary shares valued at Rs 200 million.
  • Global IME Capital Limited has been appointed as the issue and sales manager for the IPO.
  • An agreement was signed between Amudi Foods Chairperson Achyut Basnet and Global IME Capital CEO Mandip Luitel.
  • Amudi Foods operates its corporate office in Kathmandu and its production facility in Bharatpur, Chitwan.
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