Sagar Distillery Limited has received approval from the Securities Board of Nepal (SEBON) to issue its Initial Public Offering (IPO). The company will issue 14,52,000 shares at a face value of NPR 100 per share.
This IPO will help the company raise money to expand its business and improve its production capacity.
Sagar Distillery IPO details
Company: Sagar Distillery Limited
Total shares: 14,52,000
Price per share: NPR 100
Sector: Manufacturing
Issue manager: Muktinath Capital Limited
Company Financial Performance
Earnings Per Share (EPS): NPR 7.66
Net Worth Per Share: NPR 129.91
Operating Income: NPR 180 million
These financial results show that the company is profitable and financially strong.
Credit Rating
Sagar Distillery has been rated IRN B+ by ICRA Nepal. This means the company has a moderate level of risk in terms of repaying its financial obligations. It also shows that the company has growth potential.
About Sagar Distillery Limited
Sagar Distillery is a Nepal-based manufacturing company that produces alcoholic beverages such as spirits and liquors. The company is active in the domestic market and plans to grow further with the help of this IPO.
With solid financial performance and a clear business focus, Sagar Distillery is considered a promising company in Nepal’s liquor industry.
