Shivam Cement to issue 8.80 lakh units IPO shares to locals of Makawanpur districts from 13 Shrawan 2075. The IPO issue will be remains open till 11 Bhadra 2075.
The company is going to issue IPO at the rate of Rs.300 adding premium Rs. 200 at the par.
Interested local applicants can apply minimum 1o units and maximum 10000 units.
Applicants should collect applicants form from C-ASBA services providing BFIs & submit to the designated branches or location around Makawanpur. They can’t apply from online C-ASBA.
For general public company will issue 10% or 44,00,000 units at the rate of Rs. 400 adding premium Rs. 300 in the face value of Rs. 100 after the completion of locals issues.
Siddhartha capital limited has been appointed as issue manager.
Currently its paid up capital is Rs.4.40 arba. After IPO issuance, paid up capital will reach to Rs. 5.89.
