Issuing a press statement, the company informed that the agreement was signed by Sachindra Dhungana, Deputy General Manager of NIBL Ace Capital and Noorbindra Bikram Sijapati, Chief Executive Officer of National Biotech in presence of Shyam Bikram Sijapati, Chairman of National Biotech and Bhuwan Raj Panta Head of Corporate Advisory Service of NIBL Ace Capital.
As per the statement, National Biotech Is operating under Company’s Act, 2063; having its Registered Office in Kathmandu, Nepal. National Biotech Private Limited is Nepal's first internationally certified organic company, producing high-quality organic fertilizer in granular form. It has more than 100 dealers and retailers across the country.
The company provides animal-based organic fertilizers, agriculture supplies, and animal & plant based organic fertilizers to prestigious clients at very reasonable prices.
With the help of their experienced quality importers, exporters, and supplier’s professionals, they have been able to offer Animal-Based Organic Fertilizers, Agriculture Supplies, and Animal & Plant Based Organic Fertilizers in various ranges and models.
According to the agreement, NIBL Ace Capital Limited will provide the company with pre-IPO and IPO services. In the first phase, NIBL Ace capital will provide consulting services to National Biotech.
in preparatory work to be done by the company before the issue of shares to the general public, on capital structure, issue process, size pricing and assist in necessary document preparation required in the process of conversion of Private Limited Company to Public Limited company as a part of corporate advisory. And in the second phase, it will work as the issue manager for the share to be issued to the general public.
NIBL Ace Capital, under its corporate advisory services, has been providing services like business plans, market assessment & feasibility, equity raising, and raising & loan syndications to help develop business.