12th October 2025, Kathmandu
An exciting moment for investors has arrived as Shreenagar Agritech Industries Limited (SAIL) officially opens its Initial Public Offering (IPO) for the general public, marking the second and final phase of its issuance.
Shreenagar Agritech IPO Sale
This public offering, which began today, October 12, 2025 (Ashwin 26, 2082), allows general investors to participate in one of Nepal’s leading integrated agri-business companies, a major player in the production of high-quality animal feed, poultry, cattle, and fish feed under its well-known brands ‘Sunaulo’ and ‘Himdana’.
Comprehensive Details of the SAIL IPO
The offering comprises a total issuance of 3,262,500 units of ordinary shares, representing 20% of the company’s total issued capital of Rs.1.63 billion. Each unit share is priced at a par value of Rs.100.
Shares Allocated for the General Public
Following the allocation to project-affected locals, Nepalis working abroad, company employees, and mutual funds, the remaining shares are now available for the general public:
- Number of Shares for General Public: 2,510,493 units
- Total Value of Issue (General Public): Rs.251.05 million
- Face Value per Share: Rs.100
Key Application Information
- Minimum Application: Investors are required to apply for a minimum of 10 units of shares.
- Maximum Application: The application ceiling for general public investors is set at 10,000 units of shares.
Important Dates for Investors
The window for the IPO application is open for a short period, and potential investors should note the key dates:
- Issue Opens Date: Sunday, October 12, 2025 (Ashwin 26, 2082)
- Early Closing Date: Wednesday, October 15, 2025 (Ashwin 29, 2082)
- Extended Closing Date (If undersubscribed): Sunday, October 26, 2025 (Kartik 9, 2082)
Based on historical data for recent IPOs in the Nepali market, the issue is expected to be quickly oversubscribed, meaning the early closing date of October 15, 2025, is highly likely to be the final deadline.
Investment Profile and Company Overview
Shreenagar Agritech Industries Limited (SAIL), established in 2004 and officially converted into a public company in 2023, operates an integrated agri-business model. Its core operations include the manufacturing of animal feed and the processing of poultry and meat. The company operates a major plant in Rupandehi with an impressive annual capacity of 135,780 metric tonnes. Major promoters include Satish Chandra Shrestha (34%), Chandra Pankaj Developers (12%), and institutional investors like Shikhar Insurance (8%) and Citizen Life Insurance (4%).
Issue Management and Risk Rating
Issue Manager: Nabil Investment Banking Limited has been appointed to manage the issuance and sale of the IPO. Nabil Investment is one of the leading names in the Nepalese capital market, having successfully managed numerous public offerings.
Credit Rating: ICRA Ratings Nepal has assigned a rating of [ICRANP-IR] B to Shreenagar Agritech Industries Limited. This rating indicates a high risk of defaulting on financial obligations, and potential investors should carefully consider this risk factor against the company’s long-term business prospects and market position in the growing agricultural sector.
How to Apply for the SAIL IPO
Interested investors can submit their applications quickly and conveniently through the C-ASBA system. The primary methods for application include:
Mero Share Platform: Applications can be placed through the official Mero Share web portal or mobile application, which connects directly to the Central Depository System and Clearing Limited (CDSC).
ASBA-approved Banks and Financial Institutions (BFIs): Investors can submit physical or online applications through any of the ASBA (Application Supported by Blocked Amount) member banks and their designated branch offices licensed by the Securities Board of Nepal (SEBON).
The IPO represents an opportunity for the general public to invest in a company dedicated to the agricultural backbone of the country, reinforcing Shreenagar Agritech’s commitment to community empowerment and broader financial inclusion across Nepal.
For More: Shreenagar Agritech IPO Sale