We have data of Opening Range of Sonapur Minerals and Oil.
Read More: Dividend Capacity of Microfinance Company: CLICK HERE
Opening Range of Sonapur Minerals and Oil
Following is the detail information.
About Company
Sonapur Minerals and Oil is manufacturing and selling OPC under the brand name “Sona Cement” and PPC under the brand name “Sona Shree Cement”. The business operation of the company is managed by its Managing Director, Mr. Nipesh Tayal.
After IPO, the promoter share to general public share holding will be 60:40.
Opening Range
Opening Range of the company depends upon the book value of the company. So, as per the audited financial statement, the book value of the company is Rs. 142.01. Hence, the opening range of the company will be Rs. 142.01 to Rs. 426.03.
The ICRA Nepal has given BBB- rating for issuing the IPO to the general public.
The shares will be issued for Rs. 225 per share (Rs 100 face value + Rs 125 premium price) for employees of the company and for the general public at a price of Rs. 237.58 (Rs. 100 face value + Rs. 137.58 premium price).
Other Important Links
a. EPS of Manufacturing and Product Company: CLICK HERE
b. EPS of Microfinance Company: CLICK HERE
