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Sagar Distillery, which is preparing to launch an IPO, did a business of Rs 18 crore in a year 

nabil bank

Kathmandu. Sagar Distillery, which produces liquor, has done a business of Rs 180 million in the last fiscal year. This company has increased its business compared to the previous fiscal year. In the previous fiscal year, the company had a turnover of Rs 177 million.

Sagar Distillery has been manufacturing and selling liquor including NEPSE Bulls, Governor Whisky, Lollipop, Royal Beau, Grey Wolf, Berries and Blues in the market. TAG_OPEN_div_10 Established in 2014, the company became a public limited company in 2023. The company produces high-quality flares, whisky and gin, with a production capacity of 5 million litres per annum.

Ashutosh Khetan holds 14.52 per cent stake, Alka Goyal 10.63 per cent and Sandeep Jalan 9.14 per cent in the company. TAG_OPEN_div_8 Similarly, Saurabh Karanjit is the CEO of the company.

The company had TAG_OPEN_div_6 an investment of Rs 4 million in 2024. At present, the company has been able to increase the investment to around Rs 40 million. The company has applied to the Securities Board of Nepal for ipo issue. The company is preparing to launch 1.45 million units of IPO.

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