Market Watch, Stock News

Sunrise IPO Result & Hysteria – THIS WEEK (07th July, 09 – 10th July, 09)

Published by Octron on July 6, 2009

UPDATE (09th July, 2009): Result Published Online

UPDATE (08th July, 2009): According to NMB Bank Officials, the result preparation is not yet completed. So its less likely, that result would come out even today (08th July, 2009). They have also re-assured us that they will publish it by Friday (10th July, 2009) but not likely today (08th July, 2009)

As people are getting impatient regarding the IPO Result of Sunrise Bank, We like to first of all end all those floating rumors like the result will come today or tomorrow. Sunrise Bank IPO result will come out this week (if any unforeseeable geo-political situation doesn’t arise). We have talked with NMB Bank, the Issue Manager of Sunrise Bank IPO, regarding the result. He clearly mentioned that the result will come within this week, for which they have been burning midnight oils for past few days, but the result will definitely NOT COME TODAY (06th July 2009).

Please don’t follow the rumors and waste your time by frequently checking forums, websites for the result. Stop calling friends and family regarding the result every now and then.Kaag Le Kaan Lagyo Bhandai Ma, Kaag ko pachi na bhagnu hola, pahile kaan chaamnu. We assure you that, ~~We will publish the result online as soon as NMB releases the result~~ Result Published.
If you are still not assured you can simply call NMB Bank (Tel: 01-4246160, Ext: 0) and ask for it.

Sunrise Bank had released Rs. 375.00 Million worth of shares on 066/01/20. The IPO was heavily oversubscribed nearly 30 times accumulating nearly Rs. 10 Billion. So, guys keep your finger crossed & Best Of Luck to all our online readers!

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