Mount Everest Distillery Limited is set to issue 1.25 million shares through an Initial Public Offering (IPO), with Siddhartha Capital Limited as the issue and sales manager.
Established in 2065 BS, the company produces blended liquor, grain-based ENA spirit, and DWGS by-products. Its corporate office is in Kathmandu, while its factory in Tikuligadh, Rupandehi, can produce 10 kiloliters of spirit and 3,000 cases of bottled products daily.
Currently, the company sells its Thungae and Changae brands regionally and plans to introduce premium liquor under the names 25UP, 30UP, and 40UP.
