SEBON Adds IPO Shares of Four Manufacturing Companies to It's Pipeline

The IPO proposal of Premier Distillery Limited (PDL) has been added to SEBON's pipeline.

Premier Distillery has submitted a proposal to issue 22.50 lakhs shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 22.50 crore for the company.

Siddhartha Capital Limited has been appointed the issue manager for this issue.

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

Infomerics Credit Rating Nepal Limited has upgraded Premier Distillery Limited’s long-term bank facilities rating to IRN BB+ from IRN BB and its short-term bank facilities rating to IRN A4+ from IRN A4. The agency has also assigned the company an issuer rating of IRN BB+ (Is), indicating a moderate risk of default in the timely servicing of financial obligations.

Premier Distillery Limited (PDL) was incorporated in 2012 and became a public limited company in 2023. The company, which operates a manufacturing plant in Duhabi, adopted its current name in July 2025. PDL markets its liquor products in Nepal under five brands: Pal Pal, The Himalayan Reserve, Old Monk, Black Stallion, and Royal Reserve.

The IPO proposal of Rajesh Metal Crafts Limited (RMCL) has been added to SEBON's pipeline.

Rajesh Metal Crafts has submitted a proposal to issue 60 lakhs shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 60 crore for the company.

Nabil Investment Banking Capital Limited has been appointed the issue manager for this issue.

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

ICRA Nepal has assigned an issuer rating of [ICRANP-IR] BBB (pronounced ICRA NP Issuer Rating Triple B) to Rajesh Metal Crafts Limited (RMC). Issuers with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations.

Rajesh Metal Crafts Limited (RMC), established in 1993, is a family-owned steel manufacturer that was re-converted into a public limited company in May 2024. The company produces steel pipes, galvanized sheets, and colour-coated sheets, using imported hot rolled coils from India as its primary raw material. RMC primarily serves the domestic market through its integrated steel processing operations.


The IPO proposal of Annapurna Machha Dana Udhyog Limited (AMDU) has been added to SEBON's pipeline.

Annapurna Machha Dana Udhyog has submitted a proposal to issue 1,009,531 unit shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 10.09 crore for the company.

Laxmi Sunrise Capital Limited has been appointed the issue manager for this issue.

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

Infomerics Credit Rating Nepal Limited (Infomerics Nepal) has withdrawn the rating of IRN BB-/A4 (Double B Minus / A Four) assigned to the long term / short term bank facilities respectively of Annapurna Machha Dana Udhyog Limited (AMDU) with immediate effect.

Annapurna Machha Dana Udhyog Limited (AMDU), incorporated in 2021 and converted into a public limited company in May 2025, is a fish feed manufacturer based in Khairahani. The company operates a 5 TPH automated floating fish feed plant with an annual production capacity of 24,000 metric tonnes and markets its products under the “Mastya Raja” brand. As of mid-November 2025, Umesh Jung Thapa was the largest shareholder, holding around 26% of the company's equity.

The IPO proposal of Yuwarani Agro Industries Limited (YAIL) has been added to SEBON's pipeline.

Yuwarani Agro Industries has submitted a proposal to issue 16.50 lakhs shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 16.50 crore for the company.

Prabhu Capital Limited has been appointed the issue manager for this issue.

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

Infomerics Credit Rating Nepal Limited (Infomerics Nepal) has assigned the issuer rating of IRN BB- (Is) [Double B Minus (Issuer)]. Issuers with this rating are considered to have the moderate risk of default regarding timely servicing of financial obligations.

Yuwarani Agro Industries Limited (YAIL), incorporated in 2020, is an agro-based company engaged in animal feed production, with its manufacturing plant located in Gaushala. The company is developing an integrated agribusiness model covering aquaculture, animal feed, poultry farming and hatchery operations, as well as a proposed slaughterhouse and cold storage facility.