Prabhu Capital to guide Bizbell through IPO process

KATHMANDU, MARCH 2: Prabhu Capital Ltd., a leading merchant bank in Nepal, has signed an agreement with Bizbell Ltd., an independent power producer and strategic investment firm, to provide corporate advisory services as part of Bizbell’s Road to IPO (Initial Public Offering) process.

The agreement was signed recently by Mr. Aasis Gauchan, Managing Director of Prabhu Capital, and Mr. Sushil Pokhrel, Founder of Bizbell Ltd., in the presence of Mr. Kaji Lama, Chairman of Hydro Empire Pvt. Ltd., and Mr. Durga Nand Jha, Chief Investment Officer of Prabhu Capital Ltd.

Under this partnership, Prabhu Capital will offer a comprehensive suite of advisory services, including pre-IPO and IPO-related consultation. These services will focus on capital structure and pricing planning, pre-IPO equity raising, marketability, IPO preparedness, and issue management, ensuring Bizbell Ltd. is well-positioned for a successful public offering.

Founded in 2014, Bizbell Ltd. calls itself as a dynamic player in the clean energy sector with a strong emphasis on renewable energy. With a portfolio of 1000 MW in renewable energy projects, the company is actively engaged in hydropower projects across remote regions of Nepal.

Prabhu Capital Ltd. is said to have been established itself as a leader in investment banking services in Nepal. Its corporate advisory division provides business planning, market assessments, feasibility studies, equity raising, and loan syndications, supporting businesses across various industries.

This collaboration marks a significant milestone in the growth journey of both organizations, leveraging Prabhu Capital’s expertise in IPO advisory to propel Bizbell Ltd. toward a successful market debut, according to these two organisation.