Swastik Agro Industries Limited, a local dairy company, is planning to launch its IPO to raise funds for business expansion. The company is well known for producing milk and other dairy products.
To manage the IPO, Swastik Agro has appointed Nabil Investment Banking Limited. The agreement was signed by the company’s chairman, Satya Narayan Jha, and Nabil Investment Banking CEO, Manish Narayan Joshi. Nabil will handle the entire process of issuing and selling the shares.
The company will seek all necessary approvals from the Securities Board and plans to launch the IPO soon. Exact dates and details will be shared once approvals are complete.
About Swastik Agro
Swastik Agro produces a variety of dairy products such as yogurt, ghee, chocolate, and paneer. The company follows the motto “from farm to kitchen,” aiming to deliver fresh and high-quality products to consumers. Currently, the company operates a farm in Godar, Dhanusha, covering 2 bigha of land with 35 Jersey and Holstein cows. The farm produces over 200 liters of milk daily, which is sold locally. Swastik Agro plans to add 65 more cows, bringing the total to 100. The company also aims to establish a packaging industry and become a leading name in the dairy sector.
