Sagar Distillery Limited is all set to open its Initial Public Offering (IPO) from Shrawan 28 (August 12, 2025) targeting Nepali citizens currently working abroad.
1. Shares Reserved for Foreign-Employed Nepalis
In this first phase of the IPO, the company is offering 1,45,200 units of shares, each priced at Rs. 100, making a total issue worth Rs. 1.45 crore. These shares are specifically reserved for Nepalis working in foreign countries.
This allotment represents 10% of the total shares allocated for public issuance.
2. SEBON Approval and Total Public Offering
Earlier, on Shrawan 12, Sagar Distillery received approval from the Securities Board of Nepal (SEBON) to issue 14,52,000 ordinary shares, which equals 20% of the company’s paid-up capital of Rs. 72.60 crore.
The company is proceeding in phases — first to foreign-employed Nepalis, and later to the general public.
3. Application Details
- Application Period:
- Earliest closing: Bhadra 1
- Latest closing: Bhadra 11 (during banking hours)
- Minimum application: 10 shares
- Maximum application: 7,000 shares
Applicants can apply through:
- Any ASBA-approved banks and financial institutions and their branches
- Mero Share online portal
4. If Shares Remain Unsold
If the shares are not fully subscribed during this phase, the remaining shares will be merged into the next round and offered to the general public.
5. Issue Manager
The IPO issuance and sales management is being handled by Muktinath Capital Limited.
Once the first phase is complete, the company plans to proceed with the second phase IPO for general investors in Nepal.
