Reliance Spinning Mills has successfully registered its Initial Public Offering (IPO) with the Central Depository System and Clearing Limited (CDSC). An agreement on securities dematerialization was signed between CDSC, Reliance Spinning Mills, and Global IME Capital (Registrar).
The company had recently issued its IPO through the book-building method at a price of NPR 820.80 per share.
With the registration process completed, the IPO shares will now be credited to investors’ demat accounts. Following this, the company’s shares will be listed on the Nepal Stock Exchange (NEPSE). Once listed, the shares will be tradable in the secondary market from the next day.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
