The IPO launch and sales of the Sarbottam cement will be open to the general public starting from the 13th of Falgun
The company had received permission from the Securities Board to issue its IPO worth Rs. 4.65 billion at a rate of 12.9033% for 6 million shares. Among these, 40% were allocated for eligible institutional investors, 267,000 shares for Nepalis residing in foreign employment, 5% for 154,227 employees, and 5% for the collective investment fund. Subsequently, the remaining 2,776,776 shares were planned to be issued to the general public.
Rate per share - Rs. 360.90
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finance