November 11, Kathmandu
The lock-in period for 145,500 IPO shares of Sanvi Energy Limited, allocated to mutual funds, will expire in Mangshir 2082.
Sanvi Energy had issued a total of 3.79 million IPO shares. Of these, 880,000 shares (10%) were allocated to project-affected individuals. The remaining 2.91 million shares included 145,500 shares (5%) allocated to mutual funds, distributed on Jestha 26, 2082.
These mutual fund shares were required to stay under six-month lock-in, which will end on Mangsir 25, 2082. After this date, mutual funds can trade these shares on the Nepal Stock Exchange (NEPSE).
Meanwhile, shares distributed to project-affected individuals and company employees remain locked for three years from the date of distribution.
Investors and market watchers are keeping a close eye as these shares become tradable, potentially impacting the trading volume and price of Sanvi Energy shares.
