NC Agro Tech Industries Limited has submitted a proposal to Nepal's capital market regulator seeking approval for a public issuance of 1,875,000 shares at a face value of Rs. 10 per unit. The offering, filed on Kartik 24, 2082, aims to raise Rs. 18.75 Crores from the general public.

Global IME Capital Limited has been appointed as the issue manager for the public offering.

The company carries an issuer rating of CARE-NP BB (Is) from CARE Ratings Nepal. This rating signifies a "moderate risk of default" regarding the company's ability to meet its financial obligations.

About the Company:
Established in 2018, NC Agro Tech Industries Limited is an agro-industrial company headquartered in Kathmandu with its production facility in Gaindakot-14, Nawalpur. The company specializes in the production of King Oyster and button mushrooms using advanced technology. Its product portfolio also includes bamboo, charcoal, compost, and medicinal mushrooms. The company's plant has an annual installed production capacity of 4,173,500 kg.