Are you searching for the Sarbottam Cement Ltd. IPO Result Date and the final announcement date? As the IPO process is nearing its end, the company has set a date for the IPO result announcement.
Sarbottam Cement Ltd. lies in the Manufacturing and Processing category among sectors in SEBON listing. Its headquarters is located in Tinkune, Kathmandu. The company has been approved by SEBON and will be listed on the Nepal Stock Exchange (NEPSE) soon.
The initial public offering (IPO) was approved on 2080-09-03. The IPO was opened on 2024-02-25 at 10:00 AM and will close on -2024-02-28 at 10:00 AM.
Sarbottam Cement Ltd. IPO Result Date
The IPO result Date of Sarbottam Cement Ltd. will probably be announced within the first week of March, i.e. after the end of the issue closed date i.e. after 2024-02-28 at 10:00 AM. The company has issued 2776076 units of shares for the general public.
The minimum share that the general public can fill up was a minimum of 50 units and the maximum was 10000. The rate of one share is 360.9.
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 2024-02-25 at 10:00 AM – 2024-02-28 at 10:00 AM period.
| Name of Company | Sarbottam Cement Ltd. |
| Sector | Manufacturing and Processing |
| Available | For General Public |
| From | 42,900,001 |
| To | 46,500,000 |
| No. of Share Registered | 3,600,000 |
| Rate | 360.9 |
| Amount of Shares Registered | 1,299,240,000 |
| Public Issue Size | 3,600,000 |
| Public Issue Amount | 1,299,240,000 |
| % of Issued Capital | 7.74% |
| Promoter Share Registered Amount | 4,050,000,000 |
| % of Issued Capital | 87.09% |
| Issue Manager | Global IME Capital Ltd |
| Date of Approval | 2080-09-03 |
| Issue Open Date | 2024-02-25 at 10:00 AM |
| Issue Close Date | 2024-02-28 at 10:00 AM |
| No. Of Share Issued | 2776076 |
| Established | 2010 A.D. |
| Headquarters | Tinkune, Kathmandu |
| Minimum Quantity | 50 |
| Maximum Quantity | 10000 |
How to Check the Result of Sarbottam Cement Ltd.?
The Sarbottam Cement Ltd. result can be checked online on the CDS and Clearing Limited website or Global IME Capital Ltd. The applicants can also check the result by logging into Mero Share.
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Conclusion
The Sarbottam Cement Ltd. IPO Result will be announced within the first week of March, 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.