AMDU appoints Laxmi Sunrise Capital as issue manager for IPO
Summary
Annapurna Machha Dana Udyog Limited (AMDU) appoints Laxmi Sunrise Capital as issue manager for its upcoming IPO, marking a significant step towards public listing and expansion in Nepal's agri-processing sector.
Key Points
- Annapurna Machha Dana Udyog Limited (AMDU) has appointed Laxmi Sunrise Capital Limited as issue and sales manager for its upcoming IPO.
- The IPO was approved at AMDU's first Annual General Meeting in December 2025, converting the company into a public limited entity.
- AMDU operates a modern manufacturing facility in Khairahani, Chitwan, producing fish feed under its brand Matsya Roja with a production capacity of 33,500 metric tonnes per annum.
- The IPO aims to support domestic production, reduce import dependency, and contribute to the growth of Nepal's agriculture and aquaculture sectors.
