KATHMANDU, Aug 10: Amudi Foods Limited is set to issue 2 million ordinary shares, each with a face value of Rs 100, amounting to a total of Rs 200 million. The company has appointed Global IME Capital Limited as the issue and sales manager for the Initial Public Offering (IPO).
An agreement for the share issuance was signed between the two parties on Sunday at a ceremony held at Global IME Capital’s central office in Naxal. The agreement was signed by Amudi Foods Chairperson Achyut Basnet and Global IME Capital Chief Executive Officer Mandip Luitel.
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Amudi Foods’ corporate office is located in Kathmandu Metropolitan City-32, Koteshwor, while its production facility is based in Bharatpur Metropolitan City- 12, Gondrang, Chitwan.
The company is backed by investments from prominent entrepreneurs, industrialists, academicians, and other distinguished personalities with expertise across various sectors. Amudi Foods Limited has been producing premium-quality snacks under the “U-n-Me” brand.
