Premier Distillery Limited to Issue IPO

Premier Distillery Limited is set to issue an Initial Public Offering (IPO) and has appointed Siddhartha Capital Limited as the issue and sales manager. As per the agreement signed on Magh 6, 2082, at the company’s office in Thapathali, Kathmandu, the company will issue 22.5 lakh units of ordinary shares to the general public at a face value of Rs. 100 per share.

Established in 2012 in Duhabi, Sunsari, with an investment exceeding Rs. 1 Arba, Premier Distillery Limited is one of Nepal’s most modern integrated liquor manufacturing industries. The company produces grain-based extra neutral alcohol (GENA) used in vodka, whisky, rum, and gin, supported by advanced automated bottling lines and stringent quality control systems. Supplying spirits for its own brands as well as other bottling industries across the country, the distillery has played a key role in reducing import dependence and promoting domestic self-reliance. Its portfolio includes brands such as The Himalayan Reserve whisky and Old Monk rum, produced under a franchise agreement with India’s Mohan Meakin Limited, highlighting its contribution to setting new standards in Nepal’s spirits manufacturing sector.