NIBL Ace Capital appointed as issue manager for the IPO
![](https://snowberry.prixacdn.net/media/gallery_folder/Picture-1-1_NEHydGsb8X_okjsdytnigsbflbnmaqmzhsg88mtrwrotygn9bmqxifjgoaanwz3gq6aqlew.jpg)
Kathmandu, Jan 22. Sonapur Minerals and Oil Limitedhas appointed NIBL Ace Capital Limited as its issue manager for IPO(Initial Public Offering) issuance. It is the largest cement manufacturer in the Western Nepal which is located in Dangdistrict; this companyowns thehigh quality of limestone mines.
The agreement for the same was signed on January 20, 2021 between Mr. NipeshTayal(Managing Director,Sonapur Minerals and Oil Ltd.), Mr.MekhBahadurThapa(Deputy Chief Executive Officer,NIBL Ace Capital Ltd.) and Mr. SachindraDhungana (Assistant General Manager, NIBL Ace Capital Ltd.). The company will be issuing 2 crore units of ordinary shares to the local and general public.
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NIBL Equity Partners to invest in Jagadamba Spinning Mills
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NEPSE up by 1.08 percent; all setors except hydropower close in green
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Sarwottam allots 50 units of shares to over 55 thousand applicants
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NEPSE goes up with FinMin’s assurance to boost capital market
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Sarbottam Cement allotting shares to general public on Friday
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NEPSE plummets by over 28 points
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Sarbottam Cement offers over 2.7 million shares to public
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