Sagar Distillery Closing IPO to General Public from Today
September 21, 2025 | Investopaper
After the first phase, Sagar Distillery Limited is currently issuing the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public is open from Bhadra 30, 2082 BS.
The company is selling 11,90,640 shares at Rs. 100 per share to the general public.
Interested investors can apply for a minimum of 10 shares and a maximum of 10,000 shares.
The public offering will close on Ashwin 5, 2082 BS.
The company has allotted 72,600 shares to the mutual fund schemes and 43,560 shares to the employees of the company.
In total (including the first and second phase of the IPO), the company will float 14,52,000 unit shares at the par value of Rs. 100 in the public offering. Hence, the public issue amounts to Rs. 14.52 crores.
First Phase: IPO To Foreign Employed Nepalis
In the first phase of IPO, the company had sold 1,45,200 shares (10 percent of general public’s quota) to the Nepalis in foreign employment from Shrawan 28, 2082 BS.
The first phase of the IPO was closed on Bhadra 11, 2082 BS.
Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 7,000 shares.
For this purpose, Securities Board of Nepal (SEBON) has given the approval to the company on Shrawan 12, 2082 BS. The company had submitted the application to the board on Ashwin 21, 2081 BS. Only after receiving the approval from the regulatory body, the company can float the shares to the public.
The company has appointed Muktinath Capital Limited as issue and sales manager. The agreement for public offering was inked by Mr. Sandip Jalan, chairman of Sagar Distillery and Mr. Kabindra Dhoj Joshi, CEO of Muktinath Capital Limited.
After the IPO (if fully subscribed), the general public will possess 20 percent shares in the company. The promoters will own the remaining 80 percent shares.
About Sagar Distillery Limited
Sagar Distillery Limited was established on 2069 BS to produce and sell quality liquor in Nepal. The company’s factory is located in Devchuli, Nawalpur.
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