Jhapa Energy IPO Deadline Extended! Don’t Miss Out on This Investment Opportunity!
Are you looking for investment options in the Nepali stock market? Here’s your chance! The Jhapa Energy Limited IPO application deadline has been extended! You still have time to apply for the IPO. The original deadline of Bhadra 24th has been extended for one more day, making today, Bhadra 29th, the final day to apply. Don’t miss out on this opportunity to participate in the Jhapa Energy Limited IPO.
Jhapa Energy Limited, a leading company in Nepal, has been offering its Initial Public Offering (IPO) since Bhadra 20th. Originally, the IPO issuance was slated to close on Bhadra 24th. However, due to unforeseen circumstances, the deadline has been extended, providing investors with an extra day to submit their IPO application.
In the first phase, Jhapa Energy allocated shares to local residents in the project-affected area and Nepali citizens working abroad, distributing a total of 380,0190 units and 57,029 units of IPO shares, respectively.
The second phase of the IPO involves the issuance of shares to the general public. This includes:
- 28,514 units for mutual fund schemes.
- 11,406 units for company employees.
- 473,336 units available for the general public, totaling a value of Rs. 47,333,600.
Interested investors can apply for a minimum of 10 units and a maximum of 5,000 units.
Important Information for Potential Investors: ICRA Nepal has assigned the company a single B- rating, which indicates a high level of investment risk. This is crucial information for making informed decisions about your IPO investment.
The issue manager for this IPO is Himalayan Capital Limited. Investors can apply through any ASBA member bank, financial institution, or through the Mero Share online portal. Make sure you understand the IPO process before you invest. Don’t delay; take advantage of this extended IPO application deadline and consider investing in Jhapa Energy’s IPO today! This new IPO represents a significant opportunity within the Nepali stock market. Review the IPO details and IPO information carefully before making a final decision. Invest wisely and take advantage of this investment opportunity!
