Sagar Distillery Limited has opened its Initial Public Offering (IPO) from today (Wednesday) for Nepalis working abroad.
The company will issue 1,452,000 ordinary shares worth 145.2 million rupees, which is 10 percent of its issued capital of 726 million rupees. The shares are priced at 100 rupees each.
Applications can be submitted until Bhadra 1 (17 August). Investors can apply for a minimum of 10 shares and a maximum of 7,000 shares.