Kathmandu. Shares of Pure Energy opened in the second market on Tuesday.
The IPO of Pure Energy has been listed on the Nepal Stock Exchange (NEPSE) yesterday. The securities of any company come into trading from the next day after being listed in NEPSE.
NEPSE has provided ‘PURE’ transaction signal to Pure Energy. For the first transaction, NEPSE had set a minimum opening range of Rs 96.45 per share and a maximum of Rs 289.35 per share.
The shares of the company came into trading for a regular session after being traded within the range set by NEPSE in the special pre-session today. Today, the company’s first transaction was at Rs 289.30 per share.
A total of 8 million units of shares of Pure Energy at a face value of Rs 100 have been listed on NEPSE. Of these, 6.4 million units (80 percent) of the founder group and 1.6 million units (20 percent) of the general public.
Pure Energy has opened the IPO sale for the general public from April 28 to April 15. The IPO was allotted at the office of Nabil Investment Banking, the securities sales manager, on May 15.
