Sagar Distillery IPO closes today after 7 days: how many oversubscribed?

default-dp
By
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...
641 Views
1 Min Read

Sagar Distillery Limited had opened its initial public offering (IPO) for the general public from Bhadra 30, 2082. It was initially scheduled to close on Bhadra 2, 2082, but due to the public holiday, the final day for applications was extended to Bhadra 5, 2082. Overall, the IPO was open for about seven days. The IPO is managed by MUKTINATH CAPITAL LIMITED.

The company had issued 1,190,640 units, but 2,352,493 people applied for a total of 26,501,150 units, making the IPO oversubscribed 22.26 times. This means approximately 2,233,429 applicants will not be allotted, leaving many applicants without shares. This shows strong interest in Nepal’s distillery sector.

S.NCompany NameIssue ManagerIssued UnitNumber Of ApplicationApplied UnitAmountOpen-DateClose-DateLast Update
1Sagar Distillery Limited - SDL (IPO - For General Public)MUKTINATH CAPITAL LIMITED119064023524932650115026501150002025-09-152025-09-212025-09-21 17:07:05

The strong market demand shows growing support for distillery projects in Nepal and gives people a good opportunity to invest in the country’s development.

Share This Article
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.
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *