Shreenagar Agritech Industries Ltd IPO Details

Shreenagar Agritech Industries Ltd — IPO Details, Timeline & How to Apply

Quick summary

Shreenagar Agritech Industries Ltd (SAI) opened a public offering (IPO) approved by SEBON to issue 20% of its paid‑up capital. The IPO issues 3,262,500 shares at a par value of NPR 100 per share, raising NPR 326,250,000 if fully subscribed.

Allocation breakdown

The IPO is structured in phased allocations for different categories of applicants (project‑affected locals, foreign‑employed Nepalis, and the general public). Below is a clear table of allocations:

Category	Number of Shares	Remarks
Project‑affected locals (Rupandehi & Palpa)	163,125	Reserved for locals from areas affected by the company's project
Foreign‑employed Nepalis	309,938	Special allocation for Nepali citizens working abroad
General public	3,099,375	To be offered to general investors including mutual funds
Total (20% of paid‑up capital)	3,262,500

Key numbers & pricing

• Par value per share: NPR 100
• Total expected proceeds (if fully subscribed): NPR 326,250,000
• Minimum application: 10 shares
• Maximum application (where applicable): 10,000 shares

Timeline & important dates

The IPO opened for certain categories on 11 Bhadra, 2082 (Nepali calendar). The closing dates varied by category and were extended in some cases due to subscription patterns. Below are the published timelines (convert to Gregorian if needed):

Category	Opening Date	Closing Date (published)
Project‑affected locals	11 Bhadra, 2082	25 Bhadra, 2082 (possible extension to 9 Ashwin)
Foreign‑employed Nepalis	11 Bhadra, 2082	15 Bhadra, 2082 (possible extension to 25 Bhadra)
General public	Later phases — see issue prospectus	As per prospectus

Note: Dates in this post were published in the IPO notices. If you need exact Gregorian calendar equivalents (e.g., Sept 2025 dates), tell us and we will convert them for you.

Subscription & allotment

The foreign‑employed Nepali allocation was oversubscribed (about 3.3×). Following the lottery, tens of thousands of applicants received allotments of 10 shares each in that category. Allotment details for the general public and other categories are published by the issue manager and NEPSE after the lottery process.

About Shreenagar Agritech

Shreenagar Agritech is involved in animal feed production (poultry, cattle, fish), meat and poultry processing, and other agribusiness activities. Their Rupandehi plant has a reported annual production capacity of 135,780 metric tonnes. The company markets products under brands such as Sunaulo and Himdana.

Promoters, ownership & credit rating

Promoters and major shareholders include Satish Chandra Shrestha and several institutional investors. The issuer rating was recently upgraded from ICRANP‑IR B‑ to ICRANP‑IR B by ICRA Nepal — a rating that still implies relatively high credit risk.

Risks & what to consider

• The company operates in a competitive agribusiness space where commodity prices, supply chain disruptions, and margins can vary widely.
• ICRA Nepal's B rating signals a higher risk profile than investment‑grade issues — consider this when sizing your allocation.
• IPOs with reserved local or special quotas often have different subscription dynamics and allotment probabilities than open public issues.

How to apply

Applications are made via the issue manager(s) and participating banks/brokers as specified in the prospectus. Typical steps:

1. Read the IPO prospectus and category eligibility (project affected/foreign‑employed/general public).
2. Fill application form via bank/broker or online platform included by the issue manager.
3. Pay application money (amount = number of shares × NPR 100).
4. Keep proof of application and bank transaction; check allotment results on the issue manager's website and NEPSE announcements.

Download application checklist

Allotment & post‑IPO timeline

After the application window closes, the issuer conducts the allotment (lottery, where required). Listing on NEPSE typically follows allotment and share distribution — watch official NEPSE and issue manager announcements for exact listing dates.

Useful links

• Issue prospectus (PDF) — download from issue manager
• SEBON public notices
• NEPSE announcements

Disclaimer: This post is for informational purposes only and does not constitute financial, investment, or legal advice. Always verify details with the final prospectus and official SEBON/NEPSE notices before applying. Consult a licensed financial advisor for personalized advice.