Premier Distillery Limited to Float IPO | Submits Application to SEBON
June 9, 2026 | Investopaper
Premier Distillery Limited is in the process of issuing shares to the public (IPO).
For this purpose, the company has submitted an application to the Securities Board of Nepal (SEBON) on Jestha 8, 2083 BS. Only after the approval from the board, the company can sell the shares to the public.
If approved by SEBON, the company plans to issue 22.50 lakh shares in the initial public offering. Hence, the public issue amounts to Rs. 22.50 crores.
The company has appointed Siddhartha Capital Limited as the issue and sales manager. The agreement for public offering has already been signed between the company and Siddhartha Capital Limited on this regard.
About Premier Distillery Limited
Premier Distillery Limited was incorporated on December 26, 2012. The company is a joint venture company of Sharda Group and Rathi Group.
The company sells its Liqour products in brands such as Pal Pal, The Himalayan Reserve, Old Monk, Black Stallion and Royal Reserve.
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