Sagar Distillery IPO Shares Issuing at a Premium
Sagar Distillery Limited is issuing 7,50,000 units of IPO shares i.e. 15 percent shares of the company’s issued paid-up capital to the general public.
Sagar Distillery Limited is going to issue IPO shares at a premium price. The company has called a special general meeting (SGM) to pass the proposal.
The company has called a meeting at its registered office on Saturday, 15 Baisakh at 4 pm.
In the meeting, along with the proposal to issue IPO shares at a premium price, the proposal to increase the issued capital of the company will also be passed.
The company has appointed Muktinath Capital as an issue manager.
The company was founded in 2014 and manufactures and distributes hard drinks under the brand names Berries & Blue, Gray Wolf, Royal Blue and NEPSE Bulls.
The company’s manufacturing unit is located in Devchuli, Nawalpur.
Sagar Distillery IPO Details
| Company Name | Sagar Distillery Limited |
| Sector | Manufacturing and Processing |
| Type of Issue | IPO |
| No. of Shares | 7,50,000 Units |
| Issue Manager | Muktinath Capital |
| Total Issuing (%) | 15% |
| Available For | Upcoming IPO |
| Company Size | 201-500 employees |
| Plant Location | Devchuli, Nawalpur |
| Company Headquarters | Nawalparasi |
| Established | 2014 |
FAQs
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How many units of IPO shares is Sagar Distillery issuing to the general public?
Sagar Distillery Limited is issuing 7,50,000 units of IPO shares to the general public.
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Who has Sagar Distillery appointed as an issue manager?
Sagar Distillery has selected Muktinath Capital as its issue manager.
