Kathmandu. Amudy Foods is going to issue ordinary shares (IPO).

The company currently produces UNMe cheese rings, cheese balls. Two million units of ordinary shares are being issued at the rate of Rs 100 per share.

Global IME Capital is the ipo issue manager. The company and Capital have signed an agreement to issue the IPO.

Achyut Basnet, Chairman of Amudy Foods and Mandeep Luitel, CEO of Global IME Capital signed the agreement on behalf of their respective organizations. Amudi Foods has been producing quality snacks of the UNMe brand.