Bhagwati Composite Industries Limited is preparing to issue an Initial Public Offering (IPO) at a face value of Rs. 100 per share, totaling 6,44,000 shares, which represents 20% of the company’s issued capital. For this purpose, the company has appointed Nepal Life Capital Limited as the issue and sales manager. The agreement was signed on Mangsir 10 at Nepal Life Capital’s Kamalpokhari office by Chairperson Dakshina Gaitte Nyaupane and CEO Manish Ghimire.

The company has been operating in Bharatpur, Chitwan for the past 15 years, producing a range of advanced industrial products. Its offerings include SMC-based covers, WPC high-density hollow doors, partition boards, wall panels, and fiber-reinforced plastic (FRP) items known for their durability, water and pest resistance, and long-term usability. Nepal Life Capital Limited, a subsidiary of Nepal Life Insurance, is a licensed merchant bank authorized to provide investment management, underwriting, depository services, institutional advisory, share registration, and public issue management.