Sonapur Minerals and Oil Ltd IPO Result today- IPO Result Mero Share

Sonapur Minerals and Oil Ltd IPO Result published today. The IPO allotment Result program was held at the premises of the issue manager NIMB Ace Capital Limited, Kathmandu at 9 AM.

Sonapur Minerals and Oil Ltd has opened9732544 units to the general public. Atotal of 1216568 units had already been allotted to Nepalese citizens working aboard. The shares were issued at price of Rs.237.58 in premium price.

 Sonapur Minerals and Oil Ltd IPO Result

Sonapur Minerals and Oil Ltd IPO Result

According to Sonapur Minerals and Oil Ltd IPO Result, a total of 1114697 investors applied for a total of 14773900 units worth Rs.3.50 Arba by the end of closing day. This is oversubscribed by 1.51 times. As per IPO result mero share, a total of 973254 lucky applicants allocated a total of 9732544 units shares. A total of 608284 units to the mutual funds and   608284 units were allocated to the company’s employees.  

How to check Sonapur Minerals IPO Result from NIMB Ace Capital Limited IPO Result

We are share the way of IPO result check on NIMB Ace Capital Limited. If you did not know how to get result of IPO on published day, it is the best solution for you. You can follow the some simple steps and then you will get the IPO allotment result in same days. NIMB Ace Capital is the share issue manager of many companies. So, when the NIMB Ace Capital is the issue manager of any IPO, then you can find the result of this company’s IPO here below;

Investor can easily check theirIPO allotment status in NIMB Ace Capital website under the IPO Allotment from check list  (https://www.nimbacecapital.com/) when the IPO result published. The mero share is not provided fast result of some cases due to server error or load, so it will be very helpful you to know the IPO result.  

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How to check Sonapur minerals IPO Result from ipo result cdsc

IPO Result CDSC COM NP is available to check sonapur minerals IPO Result Now. You can also check your result from Result- Nepali Mero Share App.

You need to follow the steps below to find your result now;

  1. Go to Mero Share CDSC login
  2. Select your Bank or Capital where you opened your DEMAT Account
  3. Provide your user’s name and password
  4. Go to the my details tab and click on it
  5. Then Copy the 16 digit BOID number
  6. Open the IPO Result CDSC page
  7. Select the IPO company name
  8. Than paste the 16 digit BOID number
  9. And Click on view result button
  10. Your result will appear there.

How can I check my IPO result in Mero share app?

Are you looking for how can I check my IPO result in Mero share app ? If yes, follow the simple steps;

  • Open Meroshare portal, Click app.
  • Go to IPO result check page.
  • Select the Application Report tab.
  • Click on the Report button at the right side of the IPO share name applied.
  • Check the Status for IPO allotted or not.

Sonapur Minerals and Oil Limited

Sonapur Minerals and Oil Limited (established as a private limited company was later converted to Public Limited company ) was incorporated in the year 2008 as a cement manufacturing industry with initial plant manufacturing capacity of 400 Ton Per Day of Cement and 750 Ton Per Day of Clinker.

However considering the increasing demand and increasing brand value of our products, the capacity of the plant was expanded and at present the capacity of the cement manufacturing unit is 2300 Ton Per Day and clinker unit is 1250 Ton per Day. The company is selling Ordinary Portland Cement (OPC) under brand name such as “Sona Cement OPC” and Pozzolana Portland Cement (PPC) under other brand names like Sonakshi PPC, Sona PPC, Sonapur PPC, Sonashree PPC, Sonatech PPC, Sonali PPC, Sona Chandi PPC, Sonapur PPC and Sonatech PPC.

The manufacturing plant of the company is located at a strategic location at western region of Nepal in Dang that ensures various opportunities and advantages to the company especially availability of high grade limestone and wider market for selling our products.

The plant site being situated at the western region of Nepal, is comparatively lesser developed than eastern region, providing intense opportunities for construction sectors and increasing the scope of consumption of construction materials required for civil construction activities, infrastructure developments, modernization and urbanization.

Sonapur Minerals and Oil Limited is able to produce very high quality of cement due to use of high quality limestone as its raw material for production, available in its own mining quarry having adequate reserves of limestone located in Dubidanda, Rolpa of Nepal.

The distance of the factory from the limestone mines is just 42 kilometres only which is providing competitive advantage to the company in terms of inward freight cost. Since more than last 10 years the company is delivering best quality products to its customers and hence the company is able to gain confidence of its customers and created a market network for selling its products especially in western and far-western regions of Nepal. The brand value of our cement products have made us recognized as a reputed industry in the market with most preferable and established brands of the nation.

The plant of the company is currently equipped with 5 stage Preheater Dry process base clinker production and cement production along with Hydraulic Roller Press (HRP) & Ball Mills technology. In addition, the installation of advanced VRM unit for production of clinker is in progress. After completion of set up of the VRM unit, the clinker production capacity of the plant will be 1650 Ton per Day. The company is also using Bag Filters, Bag House and Electrostatic Precipitator (ESP) as a pollution control measures. The company is committed towards manufacturing and providing best quality products to its customers along with its contribution for sustainable economic development of the nation. The company is being run by experienced promoters and qualified management team dedicated towards the growth of the business of the company.

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