IPO for General Public: Sopan Pharmaceuticals Limited Issue 34,74,900 Units IPO Shares from Today
Summary
Sopan Pharmaceuticals Limited has opened its IPO to the general public issuing 3,474,900 shares with NMB Capital as the issue manager.
Key Points
- Sopan Pharmaceuticals Limited has launched an IPO offering 3,474,900 shares to the general public.
- The IPO includes allocations for Nepalese citizens abroad, company employees, and mutual funds.
- The company's issued capital is Rs. 1.71 Arba with shares offered at Rs. 100 each.
- CARE Ratings Nepal Limited upgraded Sopan Pharmaceuticals' issuer rating to CARE-NP B (Is) indicating high risk of default.