Nebico Limited, a renowned biscuit and confectionery producer carrying a legacy of over six decades, is set to issue an Initial Public Offering (IPO). The company plans to offer shares worth Rs 200 million to the general public.

For this share issuance, Nebico has appointed Siddhartha Capital Limited as the issue and sales manager. The agreement for share issuance was signed between Nebico Limited and Siddhartha Capital Limited on July 24.

“We intend to offer 20 percent of the company’s shares through the IPO,” said Hom Nyaupane, Chief Executive Officer of Nebico Group of Companies, in an interview with Arthik Abhiyan, the sister publication of New Business Age Magazine. “The Rs 200 million raised from the IPO will be used to efficiently operate the factories and to expand our production facilities.”

Nyaupane added that while the company’s net worth had remained negative for a long time, it turned positive in the fiscal year 2024/25. “Currently, based on a per-share value of Rs 50, the net worth per share is Rs 36, which is 72 percent,” he said. “We plan to raise this to 90 percent and then apply for IPO approval.”

Nebico’s factories are currently located in Balaju, Kathmandu, and Bhairahawa. The company is also preparing to establish a new factory in the Hetauda Industrial Area. For this, it has acquired 20 ropanis of land to set up a confectionery plant. “We will soon begin the equipment procurement process,” Nyaupane said. “The new Hetauda factory will produce depositor lines, toffees, and puffs.”
He further stated that the Bhairahawa biscuit factory, which has been closed for a year, will be repaired and restarted next month.

Established in 1964, Nebico Limited is one of Nepal’s oldest and most prominent food production companies. Its main factory is situated in the Balaju Industrial Area of Kathmandu. With additional plants in Hetauda and Bhairahawa, Nebico currently produces biscuits and confectionery with an annual production capacity of 1,500 metric tonnes. Its main products include biscuits, confectionery, cookies, and cereals.