Sagar Distillery IPO not opened yet but investors already applied

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NEPSE Trading
NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on...
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The IPO of Sagar Distillery Limited was originally planned to open on Bhadra 25 but was postponed due to current uncertain situation in the country. The company has not yet announced the new opening date.

However, a surprising fact has come out. Even though the IPO has not officially opened, reports show that 15 people have already applied for a total of 190 units. This has created serious questions about the transparency of the process.

Investors are worried that such incidents damage trust in the share market. They have demanded that the regulatory authority investigate the matter and take action to ensure fairness.

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NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
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