IPO Proposal of Saurya Krishi Company Limited Added to SEBON's Pipeline

The IPO proposal of Saurya Krishi Company Limited has been added to SEBON's pipeline.

Saurya Krishi Company Limited has submitted a proposal to issue 20,00,000 shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 20 crores for the company.

NIC Asia Capital Limited has been appointed as the issue manager for this issue.

It is only after approval from the regulatory board, SEBON, that the company can float the shares to the local and the general public.

CARE Ratings Nepal Limited (CRNL) has assigned a ‘CARE-NP B+ (Is)’ issuer rating to Saurya Krishi Company Limited (SKCL), indicating a high risk of default in timely servicing of its financial obligations in Nepal.

Saurya Krishi Company Limited (SKCL), formerly Saurya Pellet Feed Industries Private Limited, was established in 2017 and converted into a public limited company in December 2024. Based in Hetauda, Makwanpur, the company manufactures and distributes animal feed and nutritional products for poultry, cattle, buffalo, swine, and fish.