Shreenagar Agritech IPO Result to Be Published on Wednesday, How To Check?

The IPO result of Shreenagar Agritech Industries Limited will be published this Wednesday (Kartik 12, Oct 29, 2025). According to the issue manager, Nabil Investment Banking Limited is preparing to complete the allotment process on that day.

The company had opened its IPO for the general public from Ashwin 26 to Ashwin 29, offering a total of 25,10,493 shares.

A total of 19,42,682 investors applied for 2,17,02,080 shares, worth around Rs. 2.17 Arba, which means the IPO was oversubscribed by 8.64 times.

During the allotment, 2,51,049 lucky applicants will receive shares through a lottery system. Among them, three applicants will receive 11 units each, while the rest will get 10 units.

This also means that more than 16.9 lakh investors will not receive any shares.

Shreenagar Agritech IPO Result Date Announced: How to Check Result & Oversubscription Details

 

IPO Details

  • Total Issued Capital: Rs. 1.63 Arba

  • Public Issue: 20% or 32,62,500 units

  • Project-Affected Locals (Rupandehi & Palpa): 1% (1,63,125 units, Rs. 1.63 Crores)

  • General Public: 19% (30,99,375 units)

    • Nepalese working abroad: 10% (3,09,938 units)

    • Company employees: 4% (1,23,975 units)

    • Mutual funds: 5% (1,54,969 units)

    • Remaining general public: 25,10,493 units

Investors applied for a minimum of 10 units and a maximum of 10,000 units.

Oversubscription and Allotment

According to CDSC, 13,14,153 applicants applied for 1,47,81,700 units, making the IPO oversubscribed 5.88 times.

The IPO was managed by Nabil Investment Banking Limited.

ICRA Nepal Rating

ICRA Nepal Limited upgraded Shreenagar Agritech Industries Limited’s rating from [ICRANP-IR] B- to [ICRANP-IR] B. While still indicating high risk, the upgrade reflects improved financial stability and business outlook.

About Shreenagar Agritech Industries Limited

Founded in 2004 and converted into a public company in 2023, Shreenagar Agritech Industries Limited is a leading animal feed and agritech company in Nepal. It Produces poultry, cattle, and fish feed under brands like Sunaulo and Himdana. Company Annual production capacity is 134,780 metric tonnes at Rupandehi plant and it has Expanded into poultry and meat processing

Shreenagar Agritech Industries Major Promoter Shareholders are:

  • Satish Chandra Shrestha – 34%

  • Chandra Pankaj Developers – 12%

  • Shikhar Insurance – 8%

  • Citizen Life Insurance – 4%

  • Around 830 individual investors – 42%

The Shreenagar Agritech Industries Limited IPO received strong investor interest and was oversubscribed nearly six times.