Pure Energy Limited Issuing IPO Shares to Locals of Banke District And Nepalese Employed Abroad
Pure Energy Limited is issuing IPO shares for the project-affected locals of the Banke District and Nepalese citizens working abroad from today ( March 4, 2025). The issue will open today, from the 20th Falgun to the 5th Chaitra, 2081. Pure Energy Limited’s issued capital is Rs. 80 Crore. The minimum application quantity for the project-affected locals is 10 units, and the maximum is 16,000 units. The minimum application quantity for Nepalese citizens working abroad is 10 units, and the maximum is 7,200 units. Nabil Investment Banking Limited has been appointed as the issue manager for the IPO issuance of Pure Energy Limited.
Pure Energy Limited IPO Details:
Total Issued Capital: Rs 80 Crore.
For Local: 2%, or 1,60,000 unit shares worth Rs. 1.60 Crores allocated to project-affected locals of the Banke District.
For General Public: 18% of the company’s issued capital, i.e., 14,40,000 unit shares, will be issued later for the general public.
For People Working Abroad: 10% of the shares, totaling 1,44,000 unit shares allocated for Nepalese citizens working abroad.
