Established in 2010, Sarbottam Cement is a leading manufacturer of eco-friendly cement in Nepal. They are known for their innovative technology & high-quality materials, making their cement a trusted choice for construction projects in earthquake-prone areas. The company’s commitment to sustainability is evident in their use of energy-efficient production methods and their sourcing of limestone from mines rich in quality materials.
IPO Details
Company
Sarbottam Cement Limited
No. of Shares
27,76,076 units
Face Value
Rs. 100
Issue Price
Rs. 360.90
Issue Manager
Global IME Capital
Issue Open Date
Falgun 13
Issue Close Date
Falgun 16
IPO Result Date
Falgun 25
IPO Status
Issued Unit
27,76,076 Units
Number Of Application
10,12,384
Applied Unit
5,36,33,990
Oversubscribed By
19.32 times
Last Update
Feb. 28, 5:00 PM
ICRA Nepal has reaffirmed the issuer rating of [ICRANP-IR] BBB+ (pronounced ICRA NP issuer rating triple B plus) to Sarbottam Cement Limited. ICRA Nepal has also reaffirmed the long-term rating of [ICRANP] LBBB+ (pronounced ICRA NP L triple B plus) and the short-term rating of [ICRANP] A2 (pronounced ICRA NP A two) to Sarbottam’s bank loan limits.
IPO Result
Sarbottam Cement IPO result will be published after 10:00 AM. The IPO result can be checked through the following three methods:
Meroshare website
Capital website
Company’s official website.
Here are the links of the sites from where you can check IPO result ofSarbottam Cement:
The allotment process will commence at 10:00 A.M. The result may take 2-4 hours to be updated on the websites.
When the results are published, the websites may experience heavy traffic, causing slower loading times or possible interruptions. To check the result without any issues, it is recommended to wait for the result to be updated on the Meroshare site.
