Sarbottam Cement IPO Issue Update: Dividend and Book Building  Sarbottam Cement has decided to issue 60,00,000 lots through IPO book building method and also to pass 20% dividend. This will be the second company to issue an IPO by a cement company. Earlier, Shivam Cement had continued its good presence in the secondary market by issuing IPOs. 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  . Upcoming IPO of the best Cement Company Appointed Issue Managers are as following: 1.  Global IME Capital Ltd. 2.  NIBL Ace Capital Ltd.  and  3.  Prabhu Capital ...

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...