Sarbottam Cement Limited is starting its IPO of 27,76,076 shares from 13th Falgun, 2080. The closing date is on the 16th Falgun, with a possible extension to the 27th Falgun if it’s not fully subscribed. Initially, 2,67,000 shares were issued to Nepalese citizens working abroad, and 9,30,000 shares were allocated to locals affected by industry or mine excavation. Only 2,48,470 of these shares were taken up. Consequently, the remaining 4,87,910 shares from the project-affected locals are combined with 6,81,530 shares, totaling 30,84,530 units available for the general public.
Highlights:
- Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen
- Vision Lumbini Urja Company Limited Opens IPO Subscription with Additional Units for the Public
- Upper Syange Hydropower Limited Announces IPO for General Public
- Three Star Hydropower Limited Announces IPO Offering to the General Public, Seeking Rs 6.13 Crore
- Sarbottam Cement Launches IPO for Qualified Institutional Investors with Revised Pricing Strategy