Mere Kisan launching IPO for public

'Mero Kisan Limited', which is using new technology in the agricultural sector, has taken an important decision to issue shares to the general public. To facilitate this initial public offering (IPO) process, the company has appointed Prabhu Capital Limited as the issue and sale manager. A formal agreement has recently been concluded between the two parties in this regard. This agreement will provide an opportunity for 'Mero Kisan' to enter the capital market and connect directly with common investors. Both organizations have expressed the belief that this collaboration will attract more investment in the agricultural sector of Nepal and contribute significantly to the overall business expansion.

Established in the year 2020, 'Mero Kisan Limited' is working with the aim of integrating the agricultural sector with modern technology. The company has built a mechanism to deliver local and fresh agricultural produce directly to the market, bridging the gap between farmers and consumers. 'Mero Kisan' has streamlined the supply system from seed production to the collection, storage, distribution and consumption of agricultural produce through a digital platform. Modern 'cold-chain' infrastructure and efficient supply management systems are used to maintain product quality and eliminate unnecessary middlemen. The company is serving thousands of customers across the country and its aim is to provide fair prices to farmers and provide fresh and quality products to consumers. The company has a long-term plan to commercialize and modernize this sector by building a sustainable agricultural system.

Meanwhile, 'Mero Kisan' has purchased around 3.5 bigha of land at Patihani in Chitwan and has completed the preparations for operating an agricultural processing center and a milk dairy. It is targeted to start the processing center within this financial year and start the dairy service by the first quarter of the next financial year. President Vishnumani Gautam, managing director Avinash Silwal, directors Sunil Thapa and Santosh Bastet were present on behalf of 'Mero Kisan Limited' in this agreement program. Similarly, Managing Director Ashish Gauchan, Chief Business Officer Basu Thapalia and Head of Special Investment Fund Sudeep Hari Dhungana were also present on behalf of Prabhu Capital.