Sarbottam Paints IPO Listed on NEPSE

Sarbottam Paints Industries Limited (SAPIL) has been listed on the Nepal Stock Exchange (NEPSE), with a total of 3.4 million shares listed on Wednesday, Shrawan 27. The listed shares comprise 850,000 shares issued to the general public and 2.55 million promoter shares held by the company’s promoter shareholders. The company’s shares will begin trading on Thursday following the Special Pre-Open Session and will subsequently enter regular trading. For its first transaction, NEPSE has assigned SAPIL an opening range of Rs. 100 to Rs. 300, and the shares will be traded under the ticker symbol SAPIL.