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Sarbottam Cement Limited is going to issue an initial public offering through book building. The company had given the estimated price to the Qualified Institutional Investors. The estimated price of the IPO is Rupees Seven Hundred Fifty (750) per unit which remains to be approved from QII. Before going for book building, the company has to make a statement to the QII as per Section 6 of the Book Building Directive, 2077, as per Schedule 5 of the Rules, and disclosure of the basis and justification of its estimated value and valuation in the said statement.
The company has already started work for the process. Bharat Babu Dahal ( CEO of Sarbottam Cement Limited) said that the company would apply to the Securities Board of Nepal (Nepse) for the IPO issue permission based on the price determined after the completion of the QII process.
Sarbottam Cement will issue the Initial Public Offering with worth Rs. 40 Crore. QII will get 40% of total issued shares and Non Institutional Investors (NII) 60% of total issued shares. The minimum application units for NII (which are general public) is 50 units. This company has total paid-up capital 400 crore.
About Company
Saurabh Group’s started its business in Myanmar. Till the 1960s, Bishnu Prasad Neupane’s father, Lila Ram Neupane, was doing retail business alongside running a butter processing factory in Lashio town in the Shan state of Myanmar. After Buddhism was made the state religion in the 1960s, people of Nepali and Indian origin were forced to leave the country. Lila Ram Neupane made a decision to leave Myanmar and resettle in Nepal and started his own business with a wholesale store of textiles in Bhairahawa. During that time, textiles were brought from Kathmandu and distributed there. Later, he also took dealerships of the National Trading and Salt Trading Limited.
It was in 1964 when the business took shape of a group and was further diversified. Bishnu Prasad Neupane took up responsibility in 1986 and started the Jagadamba Cement Industries, his first manufacturing venture, in the early 1990s.
Saurabh Photo International, the authorized distributor of Konka products, was in the agency trading business since 1990 and has a strong presence in the market. Currently, the group is mainly involved in the production of cement, steel, tea, spun yarn, PP Woven fabrics, calcium carbonates and other such products. The group’s trading activities continue with imports of Konka products, Citizen watch components, and other Chinese products.
About Sarbottam Cement
Sarbottam Cement Limited is one of the growing cement industries in Nepal. The major share of this company is held by Saurabh Group. The product of this company are
Sarbottam PremiumOPC Cement
Sarbottam PPC Cement
Key members of Sarbottam Cement
Bishnu Prasad Neupane (Chairman)
Sarbottam Cement IPO Date
The date of IPO issue is not fixed. We will make you updated after the announcement of IPO issue date.
Hello friends in this post we are going to show you the official format of House rent agreement paper in Nepal. House agreement contract letter in Nepali. House Agreement format prescribed by the government of Nepal
Here we have listed some old questions of LLB second Year . There are 5 compulsory subjects and 2 optional subjects on LLB second year syllabus . The compulsory and optional subjects of LLB second year at Tribhuvan University are as follows: Criminal Law Public International Law Property Law Method of Legal Research and Writing Moot Court, Pre-Trial Preparation and participation in Trial Evidence Law Refugee Law Labor Law International Air and Space Law Gender and Inclusive Law Election Law Criminology Law of Insurance This the question paper of Public International Law of the annual exam of LLB second year which was held on 2075 Chaitra. LLB Second Year Criminal Law Old Question Paper Tribhuvan University 2075 Attempt Any Five Questions What do you mean by Jurisdiction of Criminal Law ? Distinguish between territorial jurisdiction and extra-territorial jurisdiction ? Define Actus reus ? Explain the principle of No Actus reus and no crime in Nepalese context. State the condition in
LLB first-year-old question Constitutional Law Exam Year / 2079 Jurisprudence 2075, LLB first year Constitutional Law (323) , 2075 Administrative Law (328) LLB first year 2075 Family Law 325 / LLB first year 2075 Law of Contract (325) , LLB first year 2076 Tribhuvan University 2075 LL.B / LAW / I Year Full Marks: 100 Comparative Law and Nepalese Legal System (324)1 Time: 3 hrs. candidates are required to give their answers in their own words as far as practicable. All the questions are of equal value. Attempt any FIVE questions. What t do you mean by comparative approach to legal studies? Explain. at are the sources of Hindu and Muslim law? Explain. Are Chinese law and the socialist legal system the same or different? Shed light on the development of socialist law family. Explain the influences of the major legal system in the Nepalese legal system. Point out the existing and new features of Nepalese legal system in the light of the constitutional development in the year 2
when is the ipo date?
ReplyDeleteThe date of IPO issue is not fixed yet.
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