Kathmandu. Today is the last day to apply for the IPO of Pure Energy.
The company had opened the IPO for the general public in the second phase from April 15. Applications can be made for this IPO till today.
The company has now opened the sale to the general public after issuing an IPO for the project-affected locals and Nepalis in foreign employment in the first phase from March 15. The company has issued 160,000 units of shares worth Rs 16 million at a face value of Rs 100 each for the locals of the project-affected area banke and 18 percent i.e. 10 percent of the issued capital i.e. 144,000 units of 144,000 units of foreign employment. After allotting 28,800 units to the employees of the company, the remaining 1,195,200 units have been opened for the general public.
Investors can apply for a minimum of 10 units and a maximum of 100,000 units of shares. In this IPO, banks and financial institutions participating in aswa service approved by the Securities Board of Nepal and my share of CDSC can apply. Nabil Investment Banking is the ipo sales manager of the company.
According to CDSC, a total of 1,92,94,760 units of shares have been purchased from 1,634,489 applicants in the IPO till Monday evening. Which is 16.14 times more than the demand.
The IPO of Pure Energy will also now be distributed through the gola system. A total of 119,520 lucky applicants will get 10 units of shares.
