Kathmandu. Shares of Pure Energy are set to hit the secondary market on Tuesday.
The IPO of Pure Energy has been listed on the Nepal Stock Exchange (NEPSE) today. The shares of any company will come into the business from Tuesday as the shares of any company will be traded from the next day after being listed on NEPSE.
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.
NEPSE has provided ‘PURE’ transaction signal to Pure Energy. Nepse has set a minimum opening range of Rs 96.45 per share and a maximum of Rs 289.35 per share for the first transaction.
If the shares of this company are traded within the range set by NEPSE in the special pre-session tomorrow, then it will be traded for the regular session.
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.
