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Showing posts from March, 2021

Upcoming IPO of one of the best Cement Company Sarbottam Cement IPO Issue in Pipeline

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Sarbottam Cement  has proposed to issue an IPO worth 60 lakh shares to the General Public. The company is certain that the final price will not be lesser than Rs. 750 per share. However, institutional investors (book builders) have yet to bid for the IPO. After institutional investors submit bids with a quoted price for 40% of the shares (24 lakh units), the remaining 46.66% (28 lakh units) will be issued to the general public and 13.33% (8 lakh units) to the project affected people at 10% lesser than the quoted price. As recent update, Company has been appoint 4 issue manager for share issue. This company will be the first company who is going to issue IPO share from Book Building Process  . Appointed Issue Managers are as following: 1. Global IME Capital Ltd. 2. NIBL Ace Capital Ltd. and  3. Prabhu Capital Ltd About Saurabh Group Saurabh Group’s journey began from Myanmar. Till the 1960’s, Bishnu Prasad Neupane’s father, Lila Ram Neupane, was doing retail business alon...

IPO Allotment of Jyoti Life Insurance

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Jyoti Life Insurance Company Ltd (JLICL)   is going to public IPO allotment next friday ie 2077 Chaitra 13. Jyoti Life Insurance was issued  66 lakh units  IPO for general public from Falgun 21 to Falgun 27 ie; March 5, 2021 to March 12, 2021. jyoti life insurance ipo result will be published on  this Friday i.e. 2021 march 25.  Out of which 5 percent or 333,000 units had been secured for collective investment funds and 333,000 units for employees. The general public applied for the remaining 5940000 units. Jyoti Life Insurance Company is going to publish ipo allotment on coming Friday i.e. 2077 Chaitra 13, Friday.  How to check jyoti life insurance ipo result ?  CLICK HERE For RESULT PAGES IPO Issue Details COMPANY NAME: JYOTI LIFE INSURANCE CO. LTD SECTOR: Insurance  SEBON Approval Date: 2077/11/07 IPO Issue Date: 2021/03/05 to 2021/03/12 TOTAL REGISTERED SHARE: 22000000 TOTAL PUBLIC ISSUE SHARE: 6600000 (30%) a) 5% of total 333000 uni...