Premier Distillery to Issue IPO, Appoints Siddhartha Capital as Issue Manager

Premier Distillery Limited is set to issue an Initial Public Offering (IPO) and has appointed Siddhartha Capital Limited as the issue and sales manager for the offering. The company plans to issue 22 lakhs 50 thousand units of ordinary shares to the general public at a face value of Rs. 100 per share. An official agreement between the two parties was signed on Magh 6, 2082, at the company’s office in Thapathali, Kathmandu.

Established in 2012 in Duhabi, Sunsari, with an investment exceeding Rs. 1 Arba, Premier Distillery Limited is one of Nepal’s most modern integrated liquor manufacturing industries. The company produces grain-based extra neutral alcohol (GENA) used in vodka, whisky, rum, and gin, and operates with advanced automated bottling lines and high-quality control systems.

Supplying spirits for its own brands as well as other bottling industries nationwide, the distillery has contributed to reducing import dependence and strengthening domestic self-reliance. Its portfolio includes brands such as The Himalayan Reserve whisky and Old Monk rum produced under a franchise agreement with India’s Mohan Meakin Limited, reflecting its role in setting new standards in Nepal’s spirits manufacturing sector.