Are you ready to explore the potential of the Nepalese stock market? Mabilung Energy Limited is gearing up to launch its highly anticipated Initial Public Offering (IPO), offering a fantastic opportunity for both seasoned investors and those new to the stock market Nepal. This is your chance to be part of a growing hydropower company in Nepal!
The Mabilung Energy IPO application period opens on Shrawan 26, 2082, giving you a limited window to apply. Mark your calendars, as the application window closes on Shrawan 29. To participate in this exciting IPO opportunity, you can apply for a minimum of 10 shares. For those looking to invest more substantially, a maximum of 50,000 shares are available.
Mabilung Energy is issuing a total of 12,48,904 shares to the general public, each with a face value of Rs 100. This public offering is a portion of their total SEBON approved IPO of 18,90,530 shares. This IPO news follows the Asar 1, 2082 approval, indicating a well-structured and regulated offering.
Prior to this Mabilung IPO for public, the company allocated shares to locals impacted by the hydropower project and Nepali citizens working abroad. Specific allocations included 3,85,824 shares and 1,50,471 shares, respectively. Furthermore, 75,236 shares have been reserved for mutual funds, and 30,095 shares are allocated for company employees. This leaves a significant number of shares available for the general public to invest in this promising energy sector stock.
It is worth noting that the company’s IPO has received an ICRA rating of NP-IR B+, which indicates a moderate risk. This IPO rating provides investors with valuable insight into the financial health and stability of the company. The management of the share issuance and sale is handled by Laxmi Sunrise Capital, a trusted name in Nepal’s capital market industry.
Don’t miss this chance to invest in the Mabilung Energy IPO! Stay updated on the IPO opening date in Nepal and other relevant stock market updates. This public share offering in the hydropower sector is one to watch! Invest wisely and stay informed.
