The company has set aside 1.4 million 52 thousand shares for IPO public issuance, which will be at the rate of 20 percent of the issued capital of 72.6 million.
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Public issue and sale of ordinary shares of Sagar Distillery Limited has been opened. The company has issued shares to the general public at a price of Rs 100 per share.
The company has earmarked 14 lakh 52 thousand shares for IPO public issue which will be 20% of the issued capital of 726 million.
company has been given 'B Plus' rating by credit rating organization Infomerics Credit Nepal Limited. The rating indicates that the company's credit risk bearing capacity is moderate. Muktinath Capital Limited is the securities issue and sales manager of the
company. Investors can apply through the 'My Share' software provided by the participating banks and financial institutions and their branch offices and CDS and Clearing Limited, licensed by the Nepal Securities Board.
The closing date of the company's shares is October 2 at the earliest and October 13 at the latest, according to sales manager Muktinath Capital Limited. Sagar Distillery Limited has its registered office at Devchuli Municipality-1 Nawalparasi. There is a corporate office in Kathmandu Metropolitan Municipality-1.
