Sarbottam Cement IPO Result Date: The initial public offering (IPO) of Sarbottam Cement ended with a strong response from investors. As the bidding for the public issue has now closed, the focus shifts towards Sarbottam Cement IPO result.
The IPO of Sarbottam Cement, offering 27,76,076 unit shares to the general public, commenced on the 13th of Falgun and closed on the 16th of Falgun.
Sarbottam Cement IPO Result
Sarbottam Cement IPO share pre allotment has been finalised and ipo result will be published on the 25th of Falgun (8th March 2024) at 10:00am. Investors who have applied for the issue can check their Sarbottam Cement IPO allotment status online.
| IPO Name | Result Date |
| Sarbottam Cement IPO | 8th March 2024 at 10:00 am |
Sarbottam Cement IPO allotment status can be checked on the IPO registrar portal iporesult.cdsc.com.np, which is CDSC Mero Share, as well as on the capital website Global IME Capital Limited. Investors can find out if and how many shares they have been allotted through the basis of allotment. The number of shares allotted can also be seen in the Sarbottam IPO allotment status.
Sarbottam Cement IPO listing date is still not fixed. Sarbottam Cement IPO is expected to be listed within the month of March, tentatively in the third week of March, on the Nepal Stock Exchange If you have applied for the Sarbottam Cement IPO, you can check your IPO allotment status on the 25th of Falgun (8th March 2024) through two methods:
Steps to check Sarbottam Cement Limited IPO Result allotment on CDSC Mero Share
Step 1: Visit CDSC Mero Share website link — iporesult.cdsc.com.np
Step 2: Under the issue name, select ‘Sarbottam Cement Limited.’
Step 3: Enter your BOID number and other details.
Step 4: Fill the Captcha correctly.
Step 5: Click on the ‘View IPO’ button.
Your Sarbottam Cement IPO allotment status will be visible.
Steps to check Sarbottam Cement IPO Result on Global IME Capital Limited
Step 1: Visit the official website of Global IME Capital Limited on this link – https://www.globalimecapital.com/ipo-fpo-share-allotment-check
Step 2: Select ‘Sarbottam Cement IPO’ from the dropdown menu.
Step 3: Enter your BOID number.
Step 4: Click on ‘I am not a Robot’.
Step 5: Select ‘Submit’.
Your Sarbottam Cement IPO allotment status will be visible on the screen.
Sarbottam Cement Opening Range
For those who invested in the Sarbottam Cement IPO with 50 units at NPR 18045, the expected starting price range is between NPR 185.36 to NPR 556.08 per share. This shows whether the shares are expected to start higher or lower than the IPO price of NPR 360 per share. Investors can watch this range to see how the market initially reacts to Sarbottam Cement shares
Sarbottam Cement IPO Subscription Status
Sarbottam Cement IPO is oversubscribed by 29.29 times. Out of the total applicants, 10,12,384 individuals have applied for 50,36,33,990 shares, with only 55,521 shares reserved for them. This leaves 9,50,000 individuals without any shares.
Sarbottam Cement IPO Details
Sarbottam Cement IPO commenced on the 13th of Falgun and concluded on the 16th Falgun. The IPO allotment will be published today on the 25th of Falgun (8th March 2024). Sarbottam Cement shares will list on the Nepal Stock Exchange with a tentative listing date fixed as Tuesday, March 26.
The company raised NPR 4.65 Arba from the IPO that was entirely a fresh issue of 27,76,076 equity shares.
Global IME Capital is the capital manager of the Sarbottam Cement IPO, while CDSC Mero Share is the IPO registrar.