Ghorahi Cement’s IPO, reserved specifically for Nepalese citizens working abroad (foreign employment), is set to conclude with a disappointingly low subscription rate. With only 595520 units subscribed out of the total 754,661 units issued, the underwhelming response suggests a lack of interest among the target audience.

Factors such as economic conditions, investor sentiment, and limited awareness may have contributed to this outcome. Ghorahi Cement needs to carefully evaluate the situation and devise new strategies to attract foreign Nepalese workers for future investment opportunities. The decision to offer shares at a price of Rs 435 per unit, including a premium of Rs 335, likely deterred potential investors. However, the company’s solid operational track record of over 9 years in cement manufacturing, supported by prominent business groups like the Sanghai family (Triveni Group) and Vishal Group, lends it a moderate level of safety and credibility.

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