SMFBS 1505.2 6.2 NICBF 9.3 -0.08 PBLD87 1028 -2 AKPL 248.5 -2.5 SICL 832 0 HDL 1423.1 49.1 KPCL 493 -0.8 BBC 4255 50 NMLBBL 769 -11 USHEC 523 -7 LICN 1995.9 -27.1 HRL 861 -4 RMF1 9.15 -0.1 ALICL 714.5 -1.2 LBLD86 1081 -0.2 ACLBSL 1035 0 SAHAS 505 28 NLIC 814 -13.4 LVF2 9 0 PRVU 248 -10 NICL 990.2 -4.8 SIGS3 9.45 0.09 MBJC 321 -8 ALBSL 1040 -4 NICGF 10.56 -0.28 VLUCL 588 -1.9 DLBS 1374 30 SARBTM 765 -5 SAPDBL 569.6 -7.4 SRBLD83 1065 -10 KRBL 613 0 UAIL 639 -1 CMF1 10.5 -0.2 SWMF 812 -13 KSBBLD87 1093.4 18.4 AHPC 267 -0.6 MHCL 410 -7 SPHL 666.9 16.9 SPC 520 5 AHL 651 2
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Sarbottam Steel’s IPO to General Public; Prabhu Capital as Issue Manager



Sarbottam Steel Limited, supported by the Saurabh Group, has announced plans to issue an IPO to the general public, with 12.663% of the issued capital available for sale. Prabhu Capital Limited has been appointed as the share issue and sales manager to oversee the IPO process.

The agreement was signed by Mr. Anand Nepal, CEO of Sarbottam Steel Limited, and Mr. Dinesh Thakali, MD of Prabhu Capital Limited. Sarbottam Steel Limited, founded in 2017, has a paid-up capital structure with Mr. Bishnu Prasad Neupane, the chairman and managing director, owning 52% and the remaining 48% owned by 12 other shareholders, each holding less than 6%.

This news is expected to generate significant investor interest, and the appointment of Prabhu Capital Limited as the issue manager is expected to boost the credibility of the IPO. With this IPO, Sarbottam Steel Limited is poised to continue its growth trajectory and increase its market share in the steel industry.

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