15th September 2025, Kathmandu
Shreenagar Agritech Industries Limited has extended the application period for its Initial Public Offering (IPO) specifically for local residents in areas affected by the company’s operations.
Shreenagar Agritech Extends IPO Deadline
The new deadline for submissions is now September 16, 2025 (Bhadra 31, 2082). This extension provides a critical two-day window for eligible applicants to participate, a decision made in direct response to the recent nationwide unrest and disruptions that hindered residents from applying within the original timeframe. The original closing date was September 10, 2025 (Bhadra 25, 2082).
Reason for the Extension
The decision to extend the application period was a direct and responsive action to the recent social and political climate in Nepal. The nationwide protests and civil unrest made it challenging, if not impossible, for many potential applicants to access banking services and complete the necessary paperwork. In recognition of these difficulties, the company and its issue manager, Nabil Investment Banking Limited, decided to extend the deadline. This move is a testament to the company’s commitment to fairness and inclusivity, ensuring that local stakeholders are not disadvantaged by external events beyond their control. By providing this extension, the company is upholding the principle of providing a fair and equal opportunity for all eligible individuals to participate in the IPO.
IPO Details and Allocation Structure
The IPO is a key part of a larger plan by Shreenagar Agritech Industries Limited to raise capital. The company has received approval to issue a total of NPR 32.62 million shares, which represents 20% of its paid-up capital of NPR 1.63 billion. A specific portion of this offering has been set aside for the local community. 1% of the paid-up capital, amounting to 163,125 shares, has been specifically allocated for local residents of the industry-affected areas, with each share having a par value of NPR 100. The eligible residents for this specific offering are those from the Rupandehi and Palpa districts, where the company has a significant presence.
Investor Information and Outlook
This IPO presents a unique and valuable opportunity for the residents of Rupandehi and Palpa to gain a direct stake in a prominent agribusiness company. For those who were prevented from applying due to the recent disturbances, the extended deadline is a timely chance to invest. The agribusiness sector in Nepal is a critical component of the national economy, and companies like Shreenagar Agritech play a vital role in its development. The company, which produces a variety of agricultural products including poultry, cattle, and fish feed, is a key player in the sector.
The extension of the deadline also reflects the broader resilience of the Nepali financial market. Despite the recent turmoil, corporate activities are continuing, and companies are taking proactive measures to ensure business continuity and stakeholder engagement. This is a positive signal for both investors and the general public, indicating that the financial system is robust enough to handle disruptions and return to normalcy. Interested applicants from the eligible districts are strongly encouraged to complete their submissions through authorized channels on or before the new deadline of Bhadra 31, 2082. This is their chance to become part of a promising investment opportunity and contribute to the growth of a leading agribusiness enterprise in Nepal. The successful completion of this IPO will not only strengthen the company’s financial base but also foster greater trust and participation from local communities in the nation’s capital market.
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