Mabilung Energy IPO Application Deadline: Today! Don’t Miss Out!
Are you looking to invest in Nepal’s stock market? Today is the final day to apply for the initial public offering (IPO) of Mabilung Energy Limited! This is a great opportunity for those interested in investing in hydropower projects and expanding their investment portfolio in Nepal.
Mabilung Energy, offering IPO shares at a face value of NPR 100 per share, has opened its IPO for the first phase of subscriptions. A total of 1,890,530 shares are available. Don’t miss your chance to become an Mabilung Energy shareholder!
Who Can Apply?
This first phase of the IPO is specifically for:
- Local residents from the project-affected areas in Sankhuwasabha district: Wards 7, 8, and 9 of Madi Municipality and Wards 2, 3, 7, 8, and 9 of Chainpur Municipality can apply.
- Nepalese citizens working abroad (Nepalese migrant workers).
How to Apply for the IPO
A total of 385,824 shares are allocated for the local residents and 150,471 shares for Nepalese citizens working abroad. You can apply for a minimum of 10 shares and a maximum of 50,000 shares.
Where to Apply
You can submit your IPO application through:
- Laxmi Sunrise Capital
- Global IME Bank (Chainpur)
- Himalayan Bank (Madi)
- Laxmi Sunrise Bank (Khadbari)
- The Mabilung Energy office.
- All C-ASBA member banks and financial institutions in Nepal.
- Through Mero Share, for a convenient online application process.
IPO Investment is now easier than ever with these options!
Next Steps After the First Phase
Following the allocation of shares in this first phase, the IPO will be opened for the general public in the second phase. So, If you are not eligible for this round, you will still have a chance to invest in Mabilung Energy!
Don’t Delay!
With the application deadline being today, it’s crucial to act fast. Ensure your investment portfolio includes an opportunity to invest in renewable energy. Take advantage of this opportunity to buy IPO shares and become a part of Mabilung Energy Limited’s journey! Research the IPO details and apply today! This could be a fantastic investment opportunity!
