Unique Plastic Industry to Issue IPO, Nepal Life Capital Appointed as Issue Manager
26th December 2025, Kathmandu
In a significant development for the industrial and financial landscape of Nepal, Unique Plastic Industry Limited has officially announced its plans to enter the capital market. The company, which operates its primary manufacturing facility in the Hetauda Industrial Area, is preparing to issue an Initial Public Offering to the general public.
Unique Plastic IPO Issue
This move marks a transition from a private venture to a publicly traded entity, allowing common investors to participate in the growth of the domestic manufacturing sector. By opting for a public listing, the company aims to raise the necessary capital to fuel its ambitious expansion plans and solidify its position as a leading provider of high quality infrastructure materials in Nepal.
DETAILS OF THE IPO AND APPOINTMENT OF ISSUE MANAGER
The company has proposed to issue 750,000 ordinary shares to the general public, which represents 20 percent of its total issued capital. Each share will have a face value of 100 rupees. To facilitate this complex process, Unique Plastic Industry has appointed Nepal Life Capital Limited as its official issue and sales manager. The formal agreement was signed on Wednesday, Poush 9, 2082, during a ceremony held at the Kamalpokhari office of Nepal Life Capital. The contract was signed by Mr. Hari Bahadur Basnet, Chairman of Unique Plastic Industry, and Mr. Manish Ghimire, Chief Executive Officer of Nepal Life Capital Limited.
FIVE YEARS OF EXCELLENCE IN MODERN PIPE MANUFACTURING
Unique Plastic Industry Limited has been a steady player in the Nepalese market for the past five years. Located in Ward Number 8 of Hetauda Sub Metropolitan City, the factory utilizes modern technology to produce high quality pipes essential for national infrastructure. The company specializes in manufacturing over 100 types of PE 100 pipes. These products range in size from 16 mm to 160 mm and are designed to handle pressure capacities from 3 PN to 20 PN. All products manufactured by the company are certified under the Nepal Quality Standards, specifically the NS40:2079 certification, ensuring that they meet the rigorous demands of large scale infrastructure projects.
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APPLICATIONS IN NATIONAL INFRASTRUCTURE AND DRINKING WATER
The pipes produced by Unique Plastic Industry play a vital role in various sectors across the country. They are extensively used in drinking water supply systems, irrigation projects, and water lines in the challenging terrain of the hilly areas. Additionally, the company’s product range supports sewerage and gas pipelines, telecommunications infrastructure, and the protection of underground electrical cables. Given Nepal’s ongoing focus on developing reliable drinking water networks and expanding irrigation, the demand for durable and safe piping solutions remains high. The company’s primary objective is to contribute to national self reliance by producing these essential materials domestically rather than relying on imports.
EXPANSION PLANS IN KAPILVASTU AND PRODUCT DIVERSIFICATION
Looking toward the future, Unique Plastic Industry has outlined a clear strategy for expansion. The company plans to establish a new branch on its own land located in Chandrauta, Kapilvastu District. This expansion is not just limited to geographical growth but also includes plans to produce a wider variety of plastic based materials beyond its current pipe portfolio. The funds raised through the IPO are expected to play a crucial role in financing the construction and machinery for this new facility. This move will help the company cater to the growing demand in the western regions of Nepal more efficiently.
THE ROLE OF NEPAL LIFE CAPITAL AS A MERCHANT BANKER
Nepal Life Capital Limited, the appointed issue manager, is a subsidiary of the prestigious Nepal Life Insurance Company Limited. As a merchant banking institution licensed by the Securities Board of Nepal, it brings a wealth of expertise to the IPO process. Beyond issue and sales management, Nepal Life Capital is authorized to provide a wide range of services, including investment management, securities underwriting, and institutional advisory. Their involvement provides an added layer of credibility to the IPO, as they will be responsible for managing the legal, financial, and administrative requirements of the share issuance.
CONCLUSION AND MARKET IMPACT
In conclusion, the decision of Unique Plastic Industry Limited to go public is a positive sign for the industrial development of Nepal. With a solid five year track record, a wide range of NS certified products, and a clear vision for expansion into Kapilvastu, the company presents a compelling case for potential investors. The partnership with Nepal Life Capital ensures that the IPO process will be handled with professional rigor. As the company moves toward its public listing, it stands as an example of how domestic manufacturing can leverage the capital market to achieve scale and contribute to the nation’s infrastructure goals.
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