Pure Energy IPO Nepal: Details, Application, and Deadline | Chaitra 28 Opening
31st March 2025, Kathmandu
Pure Energy Limited is launching its much-anticipated Initial Public Offering (IPO) for the general public, starting from Chaitra 28. Investors seeking opportunities in Nepal’s energy sector can now participate in this public issue.
Pure Energy IPO Nepal Details:
The company has received approval to issue a total of 1.6 million shares at a face value of NPR 100 per share. The breakdown of the share distribution is as follows:
160,000 shares were allocated to project-affected locals.
144,000 shares were offered to Nepalese citizens working abroad in the first phase.
72,000 shares are reserved for mutual funds.
28,800 shares are allocated for company employees.
The remaining 1,195,200 shares are available for the general public.
Application Process and Deadline
Investors can apply for a minimum of 10 shares and a maximum of 100,000 shares. The deadline for application submission is Baisakh 2. However, if the IPO is oversubscribed early, the closing date may be adjusted accordingly.
Issue Manager and Investment Opportunities
Nabil Investment Banking Limited is the designated issue manager for this IPO. Given the increasing demand for energy sector investments in Nepal, Pure Energy Limited’s IPO presents a promising opportunity for both institutional and retail investors.
Why Invest in Pure Energy Limited?
Growth Potential: Nepal’s energy sector is rapidly expanding, making investments in hydropower and renewable energy highly lucrative.
Strategic Allocation: The IPO ensures fair distribution among various investor categories, including the general public, mutual funds, and employees.
Strong Management: With Nabil Investment Banking Limited as the issue manager, the IPO process is expected to be efficient and transparent.
How to Apply for Pure Energy IPO?
Investors can apply through Meroshare (CDSC portal) or visit designated banks and financial institutions to submit their applications. Ensure that your DEMAT account is active and has a sufficient balance before applying.
Conclusion
Pure Energy Limited’s IPO is an excellent investment opportunity, particularly for those looking to enter Nepal’s energy sector. With a structured allocation and a well-managed issuance process, this IPO is expected to attract significant investor interest. Don’t miss out—apply before Baisakh 2 to secure your shares in Pure Energy Limited!
For more updates on IPOs and stock market trends, stay tuned!
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