Kathmandu: Pure Energy Limited is issuing initial public offering (IPO) from today, 28th Chaitra, 2081 for the general public. Earlier, the IPO has been distributed to the affected local and foreign employment in the first phase.
The company has opened applications for a total of 11,95,200 units for the general public from today. Applications can be made for a minimum of 10 and a maximum of 100,000 units.
Applications can be made through the online system MeroShare until 2nd Baisakh 2082 and if the issue is not fully subscribed, it can be extended up to the 11th Baisakh 2082, according to the issue manager Nabil Investment Banking.
The total paid-up capital of Pure Energy Limited is Rs. 80 Crore. 80 percent of which is owned by the founder, while 20 percent of the shares are going to be issued to the general public.
