Sopan Pharmaceuticals' IPO issue date change, when will it open now?

Kathmandu. The issue date of the IPO that Sopan Pharmaceuticals is going to issue to the general public has been changed. IPO to be issued from 2nd to 6th Baisakh, 2083 The IPO to be issued will be open from 3rd. The release date has been changed as government offices and public bodies will be closed on Saturday and Sunday, the company said.

The company got permission to issue 4290 thousand shares of IPO worth 429 million rupees, which will be 25% of its issued capital of 1 billion 716 million rupees. Out of that, 4 lakh 29 thousand shares which will be 10 percent have been issued and distributed to the Nepalese who are employed abroad after taking the labor approval of the relevant body of the Government of Nepal. Similarly, the company has distributed 1 lakh 71 thousand 600 shares to employees and 2 lakh 14 thousand 500 shares to collective investment funds.

Express

Related News

The value of the US dollar at a high point

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 74 paisa and the selling rate is 144 rupees 34 paisa. Similarly...

Extensive changes in the tax system by the government through the budget: Abolition of some taxes and fees

Kathmandu. With the aim of providing relief to citizens and businessmen through the budget of the next financial year, the Government of Nepal has canceled some of the taxes and fees imposed in the past and has significantly reduced some of them....

The government's decision to give tax exemptions to China

Kathmandu. The government has decided to provide tax exemptions for the purchase and export of necessary materials for the expansion of the second section of the ring road. With this decision, the way has been opened to proceed with the process of...

The price of gold and silver has increased, now how much do you need to buy one tola?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 2 thousand 800 rupees. According to the Nepal Gold and Silver Traders Federation, today, per tola is being traded at 2 lakh 93 thousand 300 rupees. Today...

Exchange rate, dollar and euro value stable

Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currency for Saturday. According to the updated information published by the Central Bank, the buying rate of one US dollar has been fixed at 151 rupees 62 paisa and...

Hydropower projects in Myagdi were affected by flood and landslides, production of 20 megawatts of electricity was stopped

Myagdi. Due to floods and landslides, the work of the hydropower project under construction in Myagdi has been affected, while the power generation from two projects that are in operation has stopped. The projects of Dhawalagiri, Annapurna and Mal...