Sopan Pharmaceuticals IPO allotment, 3 lakh 47 thousand got shares
Kathmandu. Sopan Pharmaceuticals Limited has distributed the IPO issued to the general public. The sales manager, NMB Capital Limited, distributed the IPO this morning. The company had opened the IPO sale of 34 lakh 74 thousand 900 shares to the general public from May 3rd to May 8th at the rate of Rs. 100 per share. Out of 27 lakh 68 thousand 743 applications received throughout the sale period, only 27 lakh 30 thousand 987 applications were accepted.
After more applications than the demand, the IPO has been distributed through the round robin method. In the allotment, 3 lakh 47 thousand 490 lucky applicants have got shares at the rate of 10-10 shares, while all the remaining applicants have been left empty-handed.
Express
Related News
Authority reviewing electricity tariffs: Preparation to reduce tariffs and increase domestic consumption
Kathmandu. Nepal Electricity Authority has started the review process with the aim of making the electricity tariff structure timely. With the goal of maximum utilization of electricity, expansion of internal consumption and development of consume...
What is the former king in India doing in the discussion for more than a week on the security of the governor?
Kathmandu. Former King Gyanendra Shah is currently in India. The former king, who is in Siliguri, India, reached Siliguri via Damak on 2nd of January. There is no indication that Purvaraja will return in 1-2 days. It is not clear how long the form...
The upcoming budget will focus on economic transformation: Finance Minister Dr Wagle
Kathmandu. Finance Minister Dr Swarnim Wagle has said that the budget to be presented on May 15 will focus on economic transformation. Finance Minister Wagle clarified the government's opinion on the current economic, political and contemporary is...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 147 rupees 96 paisa and the selling rate at 148 rupees 56 paise. Similarly,...
Financial management of Tila 1 hydropower project led by NMB Bank
Kathmandu. NMB Bank Limited has successfully completed the financial management as the lead bank for the Tila 1 Hydropower Project located in Calikot district with a capacity of 440 MW according to the production permit. Promoted by SC Power Compa...
Solving the problem in the Melamchi water supply project
Kathmandu. The problem in the Melamchi water supply project has been resolved. According to the agreement reached in the Ministry of Energy, Water Resources and Irrigation late on Tuesday, the problem related to water...



