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Nepal Cement Board approves Palpa Cement Industries Limited (LCE) to issue IPO

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Kathmandu. The Securities Board of Nepal (SEBON) has granted permission to Palpa Cement Industries to issue initial public offering (IPO).

The board has given permission to the company to issue an IPO today.

The company will issue 7.5 million units of shares at a price of Rs 100 per share. Nabil Investment Banking Limited has been appointed as its issue manager.

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