Jhapa Energy IPO Opens Tomorrow: Your Guide to Investing in this New IPO!
Are you looking for exciting investment opportunities? Get ready because Jhapa Energy Limited is launching its Initial Public Offering (IPO) tomorrow, the 14th of Saun (according to the Nepali calendar)! This is a great chance to get involved in the Nepalese stock market and potentially grow your investment portfolio.
The company has been approved by the Securities Board of Nepal to issue 950,475 shares at a price of 100 rupees per share. This IPO is a fantastic opportunity for both local residents affected by the energy project and Nepali citizens working abroad to participate in the stock market.
Who Can Apply for the Jhapa Energy IPO?
The first phase of the IPO is dedicated to:
- Project-affected local residents: A total of 380,190 shares have been allocated for them.
- Nepali citizens working abroad: They can apply for 57,029 shares.
How to Apply for the Jhapa Energy IPO?
The minimum application is for 10 shares, and the maximum application is for 5,000 shares.
Important Dates for Jhapa Energy IPO Applicants:
- For Local Residents: The application period starts from Saun 14th and ends on Saun 28th. The deadline may extend to Bhadra 12th if needed.
- For Nepali Citizens Working Abroad: The application period begins on Saun 14th and ends on Saun 18th. This deadline could extend to Saun 28th if there is an undersubscription.
Don’t miss out on this investment opportunity. Be sure to check the official announcement by Jhapa Energy Limited for all detailed instructions on the IPO application process. Stay updated with the latest market news and stock analysis to make informed investment decisions. Good luck with your IPO application! This new IPO is something all investors should keep an eye on. Make sure to read all the IPO details before investing.
