Company to issue 14.52 lakh shares at Rs. 100 per unit; Muktinath Capital appointed as issue manager.
Sagar Distillery Limited has received approval from the Securities Board of Nepal (SEBON) to issue its Initial Public Offering (IPO). The approval was granted on Saun 12, allowing the company to float shares worth Rs. 14.52 crore, equivalent to 14,52,000 units.
The company will issue the shares at a face value of Rs. 100 per unit. Muktinath Capital Limited has been appointed as the issue manager for the IPO process.
Sagar Distillery will offer 20% of its issued capital, i.e., 14,52,000 shares, to the general public, while the remaining 80% will be held by the promoter group, in line with standard regulatory structure.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
