Kathmandu. The IPO of Pure Energy Limited is scheduled to be distributed on April 15. According to Nabil Investment Banking, the ipo will be distributed at 8:30 am on Thursday.
Pure Energy had opened the IPO sale for the general public from March 15. The company had opened an IPO of 1,195,200 units worth Rs 119.52 million at a price of Rs 100 per share.
You will have to rely on luck to get an IPO. It received 19.28 times more applications than the demand. Therefore, the IPO will be distributed through the practice of shelling. A total of 1,936,053 people have applied for a total of 22,742,650 units of shares. Out of which, only 1,19,520 people will get shares.
Care Ratings Nepal has awarded care NP double B issuer rating to the company. Nabil Investment Banking is the issue manager for the IPO.
