KATHMANDU, Sept 28 : The initial public offering (IPO) of Sagar Distillery has been allotted. A total of 119,064 applicants received 10 shares each.
The company had issued 1,190,640 ordinary shares to the public at a face value of Rs 100 per share from September 15 to September 25. According to issue manager Muktinath Capital, the IPO drew applications from 2,227,503 individuals for a total of 24.28 million shares. Out of these, 2,193,823 applications were approved.
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The IPO results can be viewed through the CDSC and Mero Share websites.
Sagar Distillery reported accumulated profits of Rs 231.3 million for the fiscal year 2024/25. During this period, its earnings per share stood at Rs 0.59, with a net worth per share of Rs 106.87.
