Asian Thai Foods Signs IPO Management Agreement with Himalayan Securities Banker

Leading noodles and snacks manufacturer and exporter Asian Thai Foods Limited has signed a strategic agreement with Himalayan Securities Banker Limited to serve as the issue manager for its upcoming Initial Public Offering (IPO).

The agreement was signed on Thursday by Asian Thai Foods Chairman Shiv Ratan Sharda and Himalayan Securities Banker CEO Subash Bahadur Shrestha in the presence of Asian Thai Foods Managing Director Mahesh Jaju, Executive Director Radheshyam Sharda, Director Ashish Jaju, and Himalayan Securities Deputy General Manager Shankar Rajbanshak.

According to the company, this partnership will facilitate its entry into the capital market and support its expansion plans. With state-of-the-art production facilities in Biratnagar and Taulihawa, Asian Thai Foods exports its popular brands — Rumpum, 2 PM, and Preeti — to over 30 countries, earning a strong reputation for authentic taste and affordability.

Managing Director Mahesh Jaju stated, “This agreement with Himalayan Securities Banker Limited marks an exciting new chapter in our growth journey. Their expertise in the capital market will streamline the IPO process and enable us to invest further in innovation and global reach.”

Detailed information on the IPO, including the timeline and share allocation, will be announced in the coming months.