KATHMANDU

The Sarbottam cement company is going to released IPO. The company has started the process of IPO issuance for the first time on poush 25. The company has informed us that it has started the IPO issuance for the Nepalis who are affected by local and foreign employment in the first phase.

According to the company, those involved in the affected and foreign employment in the industry sector will be able to apply from poush 25. Investors can apply for shares in the IPO until Magh 10. While applying, investors will have to apply for a minimum of 50 and a maximum of 10,000 shares at the rate of Rs 360.90 per share.

In the first phase, the company will distribute 930,000 shares for the affected industry areas and 267,000 shares for those involved in foreign employment. The company’s share issuance and sales manager is Global IME Capital, while the co-issuance and sales manager is NMB Capital and Prabhu Capital Limited.