Sonapur Minerals Allots IPO

Sep 20, 2023 11:26 AM Merolagani

Sonapur Minerals has allotted a recently issued initial public offering (IPO)  in the premises of of NIMB Ace Capital, the issue manager of the company.

The company issued 1,537,525 units of shares to the locals of affected area at Rs 225 including face value of Rs 100 and premium of Rs 125 from August 14-September 12. Similarly, it issued 1,076,238 units of shares to foreign migrated workers of Nepal at Rs 237.58 including face value of Rs 100 and premium of Rs 137.58 from August 14-28.

The company, after allotting desired number of shares to locals of affected area, allotted 1,216,568 units of shares to foreign migrated workers adjusting the unallotted 1,403,005 units of shares to the general public.

The applicants can view the result through website of issue manager https://www.nimbacecapital.com and website of CDSC https://iporesult.cdsc.com.np.

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