According to the company, the IPO aims to expand operations, replace imports, and strengthen domestic production in the agriculture and aquaculture sectors.
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Nepal's leading agro-processing company Annapurna Fish Feed Industries Limited has appointed Lakshmi Sunrise Capital Limited (AMDU) as the sales manager for its IPO.
The appointment is part of AMDU's industrial expansion plan as it moves towards a public listing.
The appointment was formally completed with the signing of an agreement between AMDU's Chief Executive Officer (CEO) Mr. Yash Puri and Lakshmi Sunrise Capital's Chief Executive Officer (CEO) Mr. Vijayalal Shrestha. The partnership is expected to guide AMDU through the IPO process and support its entry into Nepal's capital markets.
The decision to bring in an IPO has been approved by the first annual general meeting held in December 2025. The proposed public offering will be for 10,09,53,100 units. AMDU, located in Khairhani, Chitwan, has been producing fish feed under the 'Matsya Rose' brand, with an annual production capacity of 33,500 metric tons.
According to the company, the IPO aims to expand operations, replace imports and strengthen indigenous production in the agriculture and aquaculture sector.
