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Pure Energy IPO allocation, here’s how the results can be seen

SPIL
Global College
Nepal Life New

Kathmandu. The IPO of Pure Energy has been allotted on Thursday.

The IPO has been allotted to Nabil Investment Banking, a securities sales manager. The IPO allotment program has been scheduled at 9 am.

Crest

The company had opened the IPO sale to the general public from April 28 to April 15. The company had opened an IPO of 1,195,200 units worth Rs 119.52 million at a face value of Rs 100 per share.

A total of 1,854,497 applicants had applied for 21,053,460 units of shares in the IPO. Of these, 20,949,060 units of shares sought from 1,846,664 applicants were approved and 104,400 units of shares from 6,426 applicants were rejected.

This IPO has also been distributed through gola system due to more applications than the demand. Of these, 119,520 applicants got 10 units of shares. Out of the total applications, 1,727,144 applicants have vacated their hands.

The ipo results of Pure Energy will be announced soon. The IPO results can be viewed from the website of Securities Sales Manager Nabil Investment Bank and securities issuing company Pure Energy and cdsc’s iporesult.cdsc.com.np or my shares.

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