Sagar Distillery Limited will open its initial public offering (IPO) for the public from Bhadra 25 to Bhadra 29. Before this, the company had already issued shares to Nepali citizens working abroad under the foreign employment quota.
The company is offering 11,90,640 shares. Each share is priced at Rs. 100 per kitta. At the time of the offering, the company’s earnings per share (EPS) stood at negative Rs. 3.71. The company operates in the manufacturing and processing sector.
Muktinath Capital is the issue manager for this IPO. Investors can apply during the mentioned period if they wish to participate.
