Sarbottam Paints Industries Limited is going to open its Initial Public Offering (IPO) for the general public from Jestha 28. The company will issue a total of 7,05,500 shares of ordinary stock at a face value of Rs 100 per share.
Details of the IPO Issue
For this IPO, investors can apply for minimum 10 units to maximum 5,000 units of shares. The subscription will open on Jestha 28 and the early closing date for this issue is set for Ashar 2. If the shares are not fully subscribed by that time, the deadline will extended till Ashar 11.
Who is managing the issue?
Global IME Capital Limited is handling the responsibility of issue and sales manager for this IPO. Regular citizens who wants to invest in the paint industry can apply through their C-ASBA approved banks and financial institutions.