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

CompanySarbottam Cement Limited
No. of Shares27,76,076 units
Face ValueRs. 100
Issue PriceRs. 360.90
Issue ManagerGlobal IME Capital
Issue Open DateFalgun 13
Issue Close DateFalgun 16
IPO Result DateFalgun 25

IPO Status

Issued Unit27,76,076 Units
Number Of Application10,12,384
Applied Unit5,36,33,990
Oversubscribed By19.32 times
Last UpdateFeb. 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:

  1. Meroshare website
  2. Capital website
  3. Company’s official website.

Here are the links of the sites from where you can check IPO result of Sarbottam Cement:

Global IME Capital
Sarbottam Cement

Notes to consider:

  1. The allotment process will commence at 10:00 A.M. The result may take 2-4 hours to be updated on the websites.
  2. 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.

Capital Structure

Authorized CapitalRs. 5 Arba
Issued CapitalRs. 4.65 Arba
Current Paid-Up CapitalRs. 4.05 Arba
Capital after IPO Issuance Rs. 4.65 Arba

Board of Directors

Name Position
Bishnu Prasad NeupaneChairman/ Managing Director
Mina Kumari AgrawalDirector
Tikaram NeupaneDirector
Diwas NeupaneDirector
Tenzing Lakden Tamang Director

Management Team

C.A Santosh K.CCEO
Er. Abhishek JhaInstitutional Sales Head
Mr. Gopal SardaMarketing and Brand Head
Mr. Netra GhimireAdmn. Head, Factory
Mr. Surendra MahasethE&I Head
Mr. Nab Raj PoudelCompany Secretary

Uses of Fund

Paying off Debt
Debt Details
Bank NameAmount
Prabhu BankRs. 175,501,356
Nepal Investment Mega BankRs. 186,821,142
Nepal BankRs. 875,037,502
Prime Commercial BankRs. 1,000,000,000
TotalRs. 2,237,360,000
Remaining Amount
NEA Electricity BillRs. 732,234,818

Also Read :