IPO Allotment of Shreenagar Agritech Industries Limited Concluded [IPO Result]

October 29, 2025 | Investopaper

IPO Allotment Of Shreenagar Agritech Industries Limited

Nabil Investment Banking Limited, the issue manager for the initial public offering (IPO) of Shreenagar Agritech Industries Limited, has concluded the IPO allotment process on Wednesday.

After the allotment, 2,51,049 applicants have received 10 shares each through lottery. Among them, 3 applicants received an additional share.

A total of 18,69,330 valid applicants had subscribed for the shares. With the allotment, more than 16.18 lakh applicants were left empty-handed.

To view the IPO result of Shreenagar Agritech Industries Limited, click the link below:

IPO Result Of Shreenagar Agritech Industries Limited

Second Phase: IPO To General Public

After the first phase, Shreenagar Agritech Industries Limited had issued the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public was open from Ashwin 26, 2082 BS.

The company had sold 25,10,493 shares at Rs. 100 per share to the general public.

Interested investors could apply for a minimum of 10 shares and a maximum of 10,000 shares.

The public offering was closed on Ashwin 29, 2082 BS.

The company has allotted 154,969 shares to the mutual fund schemes and 123,975 shares to the employees of the company.

In total (including the first and second phase of the IPO), the company floated 32,62,500 units of shares in the public offering. At a par value of Rs. 100, the public issue amounts to Rs. 32.62 crores.

First Phase: IPO To Foreign Employed Nepalis

In the first phase of the IPO, the company had the shares to the locals of the project affected areas and to the Nepalis in foreign employment from Bhadra 11, 2082 BS.

The company had floated 1,63,125 shares to the locals of the project affected areas of the Rupandehi and Palpa district. Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 10,000 shares.

Similarly, the company had issued 3,09,938 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Bhadra 11, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 10,000 shares.

For this purpose, Securities Board Of Nepal (SEBON) has given permission to the company on Shrawan 13, 2082 BS. Only after the approval from SEBON, the company can issue the shares to the public.

The company has appointed Nabil Investment Banking Limited as the issue and sales manager.The agreement for public offering was signed between the company and Nabil Investment Banking Limited on this regard. Mr. Satish Chand Shrestha, Managing Director of Shreenagar Agritech Industries Limited and Manish Narayan Joshi, CEO of Nabil Investment Banking inked the agreement.

After the IPO (if fully subscribed), the general public will possess 20 percent ownership in the company while the promoters will hold the remaining 80 percent shares.