IPO for General Public: Sarvottam Paints Industries Limited to Issue 7,05,500 Units IPO Shares from Jestha 28
Summary
Sarvottam Paints Industries Limited announces an IPO of 7,05,500 shares at Rs. 100 each, opening from 28th Jestha 2083 with possible deadline extension to 11th Ashad 2083. The company's manufacturing plant is in Kailali, and sales office is in Bhaktapur, Nepal.
Key Points
- Sarvottam Paints Industries Limited is issuing 7,05,500 IPO shares to the general public starting 28th Jestha, 2083.
- The IPO has a par value of Rs. 100 per share with a possible extended closing date to 11th Ashad, 2083 if not fully subscribed.
- The company’s issued capital stands at Rs. 34 Crores with share reservations for Nepalese abroad, employees, and mutual funds.
- Sarvottam Paints' manufacturing plant is located in Godawari-02, Attariya, Kailali, and sales office in Madhyapur Thimi-02, Bhaktapur, Nepal.