Sopan Pharmaceuticals Limited Concludes IPO Allotment for Nepalese Citizens Working Abroad; 42,900 Lucky Applicants Receive 10 Units each
Summary
Sopan Pharmaceuticals Limited has completed its IPO allotment for Nepalese citizens working abroad, allotting 10 units each to 42,900 applicants out of a 4,29,000 unit reserve.
Key Points
- Sopan Pharmaceuticals Limited concluded its IPO allotment for Nepalese citizens working abroad on 17th Chaitra, 2082.
- The company issued 42,90,000 shares in total, with 10% (4,29,000 units) reserved for Nepalese working abroad.
- 42,900 applicants were allotted 10 units each from the reserved shares.
- CARE Ratings Nepal Limited upgraded Sopan Pharmaceuticals Limited's issuer rating from CARE-NP B- (Is) to CARE-NP B (Is).