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IPO
Sonapur Minerals to issue IPO at a premium
The regulatory body must approve the issuance of a premium IPO.
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![Sonapur Minerals to issue IPO at a premium](https://english.makalukhabar.com/wp-content/uploads/2022/07/IPO-MK.jpg)
KATHMANDU: Sonapur Minerals and Oil Limited to propose an Initial Public Offering (IPO) of securities (shares) at a premium rate at the next general meeting.
The board of directors is preparing to present such a proposal to the company’s 14th general assembly in 15 years.
The company is planning to pass such a proposal to increase its issued capital at the general meeting.
The regulatory body must approve the issuance of a premium IPO.
Sonapur, Sonashree, Sonatec, Sona, Sona Chandi, and Sonali are among the brands for which the company produces cement.
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