Info Nepal | TU Result, exam notices, result

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 Inst...