Sarbottam Cement Limited has been issuing its Initial Public Offering (IPO) through the book-building process, offering 27,76,076 units shares to the general public from 13th of Falgun, 2080, with a closing date on the 16th Falgun. 

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 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.

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