IPO Issue of Sopan Pharmaceuticals Limited Closing Today; Oversubscribed 8.30 Times So Far

Summary

Sopan Pharmaceuticals Limited's IPO issue of 3,474,900 shares closes today after being oversubscribed 8.30 times, with NMB Capital as issue manager.

Key Points
  • Sopan Pharmaceuticals Limited is closing its IPO issue of 3,474,900 shares today.
  • The IPO was oversubscribed 8.30 times with 25,17,763 applicants applying for 2,88,70,330 units.
  • NMB Capital Limited acted as the issue manager for the public offering.
  • CARE Ratings Nepal Limited upgraded Sopan Pharmaceuticals' issuer rating from CARE-NP B- (Is) to CARE-NP B (Is).
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