Ghorahi Cement IPO Result – Check Share Allotment

IPO Result Date

The Ghorahi cement IPO result will be held on 31^st Asar, 2080. Ghorahi Cement had started to float IPO shares to the general public from 32nd Jestha-4th Asar 22^nd-25^th Asar,2080. The company had issued 69,11,670 units of shares at the rate of Rs.435 per share to the general public. But recently due to the faulty application process and fake financial report, SEBON had stopped the issued application process.

Also read:

How to renew Demat and meroshare account online? IPO not allotted?

IPO Application Status

The IPO application status of Ghorahi Cement is shown in the table below:

Among the total applicants, only 6,91,167 people will get 10 unit shares of Ghorahi Cement.

Ghorahi Cement IPO Result Check: Click Here

Financial Details

The financial details including Net-worth and EPS of the company are shown in the table:

Opening Range

The opening range of Ghorahi Cement is expected from Rs.218.77 to Rs.656.31. It may vary as it is not fixed. Its opening price is calculated according to its net worth. The minimum value of the opening range is its net worth and the maximum value is three times its net worth.

Credit Rating

Care Rating Nepal has provided the company with the rating as CARE-NP BBB-(Is) pronounced as [Triple B minus issuer rating]. This indicates that the company has a moderate degree of safety regarding the timely servicing of financial obligations.