Last Day to Apply for Sagar Distillery Limited’s IPO

Kathmandu — Today (Ashoj 5) is the final day for investors to apply for the Initial Public Offering (IPO) of Sagar Distillery Limited, which opened for subscription on Bhadra 30.

The company has issued 1,452,000 shares at a face value of NPR 100 per share, allocated for the general public. This represents 20 percent of the company’s issued capital of NPR 726 million.

Credit rating agency Infomerics Credit Nepal Limited has assigned a ‘B Plus’ rating, indicating that the company carries a moderate capacity to bear credit risks.

The IPO’s issue and sales manager is Muktinath Capital Limited. Investors can apply through ASBA-approved banks and financial institutions, their branch offices, or via the “Mero Share” platform of CDS and Clearing Limited.

Sagar Distillery Limited is headquartered in Devchuli Municipality–1, Nawalparasi, with its corporate office located in Kathmandu Metropolitan City–1.