Ghorahi Cement IPO Result Date

This article will discuss the Ghorahi Cement IPO Result Date and what investors can expect from the announcement. As the IPO process is nearing its end, the company has set a date for the IPO result announcement.

Ghorahi Cement is a Manufacturing and Processing company in Nepal. Its headquarter is located in Ghorahi, Dang District, Nepal. The company has been approved by SEBON and will be listed on Nepal Stock Exchange (NEPSE) soon.

The initial public offering (IPO) was approved on 2080-01-06. The IPO was opened on 2023-06-15 at 10:00 AM and will close on 2023-06-19 at 5:00 PM.

Ghorahi Cement IPO Result Date

The IPO result Date of Ghorahi Cement will be announced probably within the last week of June, i.e. after the end of the issue closed date i.e. after 2023-06-19 at 5:00 PM. The company has issued 6911670 units of shares for the general public.

Ghorahi Cement IPO Result Date

The minimum share that the general public can fill up was a minimum of 10 units and the maximum was 10000. The rate of one share is 100.

Allotment of Shares of Ghorahi Cement

The allotment of shares will be done via a lottery system/lucky draw. The shares will be allotted to the applicants who have applied for the IPO within the 2023-06-15 at 10:00 AM – 2023-06-19 at 5:00 PM. period.

Name of CompanyGhorahi Cement
SectorManufacturing and Processing
Available(For Local and General Public)
No. of Share Registered39,719,006
Amount of Shares Registered3,971,900,600
Public Issue Size7,943,801
Public Issue Amount3,441,651,785
% of Issued Capital20.00%
Promoter Share Registered Amount3,177,520,500
% of Issued Capital80.00%
Issue ManagerHimalayan Capital Limited and Nabil Investment Banking Ltd
Date of Approval2080-01-06
Issue Open Date2023-06-15 at 10:00 AM
Issue Close Date2023-06-19 at 5:00 PM
No. Of Share Issued6911670
Established2009 A.D.
HeadquartersGhorahi, Dang District
Minimum Quantity10
Maximum Quantity1000000

How to Check the Result of Ghorahi Cement?

The Ghorahi Cement result can be checked online on the CDS and Clearing Limited website or Himalayan Capital Limited and Nabil Investment Banking Ltd. The applicants can also check the result by logging into Mero Share.

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The Ghorahi Cement IPO Result will be announced within the last week of June 2023, i.e. after the closing date. The allotment of shares will be done eventually and the banks will make the refund if it is not allotted.

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