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).