Pure Energy Limited Launches IPO with 11.95 Lakh Shares for General Public
InvestoShala
April 10, 2025
Pure Energy Limited has opened its Initial Public Offering (IPO) from 28th Chaitra, 2081, issuing 11,95,200 unit shares at a par value of Rs. 100 each to the general public. The early closing date is 2nd Baisakh, 2082, with a possible extension until 11th Baisakh, 2082, if under-subscribed.
The company has a total issued capital of Rs. 80 Crore, with 2% (1,60,000 shares) already allocated to project-affected locals in Banke District. Out of the 18% public offering (14,40,000 shares), 10% (1,44,000 shares) were set aside for Nepalese citizens working abroad, 5% (72,000 shares) for mutual funds, and 2% (28,800 shares) for company employees. Nabil Investment Banking Limited is serving as the issue manager. Investors can apply for a minimum of 10 and a maximum of 1,00,000 units.