IPOs of Paicho Shop to be launched with NIC Capital:
NIC Asia Capital and Paicho Shop have entered into a two-party agreement for the acquisition of shares to be issued to the public of Paicho Shop in the future and the appointment of a sales manager. NIC Asia Capital, under the 'Idea to IPO' service, has been providing all the necessary consultancy services to the companies of any sector from the inception of the company to the stage of issuing the IPO.
Under the same service, an agreement has been concluded to convert Paicho Shop Prali, which has a registrar's office in Sukhkhangar Butwal, into a public company and appoint an eviction and sales manager to evict the primary shares from the general public in accordance with the prevailing law as provided in the company's management letter in the future.
Petco is an agricultural company. The company has been delivering the vegetables produced in the high mountainous areas to the consumers by maintaining high quality. Paicho Shop has been producing and packaging and selling food dishes such as ketchup, pickles and jam.
About Paicho Company Ltd.
Paicho Shop is not only a food company, but has also been able to contribute to the economic and social upliftment of communities living in rural areas by collaborating with farmers from seed production to commodity markets. The company is ensuring technical consultancy, management, and market access, creating livelihood opportunities for farmers not only on the farm but also off the farm. Patcho said it aims to expand the company's business more effectively by issuing shares to the public in the coming days.