Natural Spirits Nepal Limited Appoints Muktinath Capital as Issue Manager for Upcoming IPO
Summary
Natural Spirits Nepal Limited has appointed Muktinath Capital Limited as issue manager for its upcoming IPO, issuing 1.5 million shares to the public to expand its market presence in Nepal's liquor industry.
Key Points
- Natural Spirits Nepal Limited appointed Muktinath Capital Limited as issue manager for its IPO.
- The company plans to issue 1,500,000 ordinary shares representing 20% of its capital.
- Natural Spirits produces Seto Bagh Vodka and Sarangi Whisky with a production capacity of 12 million liters annually.
- The IPO is a strategic move to expand market presence and strengthen position in Nepal's liquor sector.
