Sarvottam Paints IPO Opens for Public Subscription from Tomorrow
Sarvottam Paints Industries Limited is set to open its IPO for the general public from Jestha 28, offering 705,500 ordinary shares at a face value of Rs. 100 per share.
Sarvottam Paints Industries Limited will open its Initial Public Offering (IPO) for the general public from Jestha 28.
The company is issuing a total of 705,500 ordinary shares at a face value of Rs. 100 per share.
Interested investors can apply for a minimum of 10 shares and a maximum of 5,000 shares through the public offering.
According to the company, the IPO subscription period will remain open until Asar 2 if fully subscribed within the initial timeline. The issue period may be extended if the offering is not fully subscribed during the designated period.
Global IME Capital Limited has been appointed as the issue and sales manager for the public offering.
The IPO provides investors with an opportunity to participate in Nepal’s manufacturing sector through one of the country's paint industry companies. Applications can be submitted through the MeroShare platform and authorized ASBA member banks and financial institutions.