Mount Everest Distillery Appoints Siddhartha Capital as Sales & Issue Manager Ahead of IPO

Mount Everest Distillery Limited is preparing for an initial public offering (IPO) of 1.25 million shares, appointing Siddhartha Capital Limited as the issue and sales manager. Founded in 2065 BS, the company produces blended liquor, grain-based ENA spirit, and DWGS by-products.

Its corporate office is in Kathmandu, and the factory is in Tikuligadh, Rupandehi, with a daily production capacity of 10 kiloliters of spirit and 3,000 cases of bottled products. The company currently markets its Thungae and Changae brands regionally and plans to launch premium liquor brands under 25UP, 30UP, and 40UP.