Pure Energy Limited IPO: A Fresh Investment Opportunity in Nepal’s Hydropower Sector
Pure Energy Limited, an emerging company in Nepal’s hydropower sector, has announced the issuance of its Initial Public Offering (IPO) to the general public. This IPO aims to raise capital for ongoing and upcoming hydropower projects focused on clean and sustainable energy.
IPO Highlights:
- Company Name: Pure Energy Limited
- Total Shares Issued: 1,195,200 units
- For General Public: 1,087,490 units
- For Employees: 1% (11,952 units)
- For Mutual Funds: 5% (59,760 units)
- Par Value: NPR 100 per share
- Minimum Application: 10 units
- Maximum Application: 10,000 units
- Issue Open Date: Chaitra 28, 2081 (April 10, 2025)
- Issue Closing Date: Baisakh 3, 2082 (April 16, 2025)
- Issue Manager: NIBL Ace Capital Limited
How to Apply for the IPO?
Investors can apply for the IPO through the Meroshare online platform. To use Meroshare, applicants must have a C-ASBA account from a registered bank or capital.
Why Invest in Pure Energy Limited?
Pure Energy Limited is dedicated to producing clean energy through hydropower projects across Nepal. The capital raised from this IPO will be utilized in project development, equipment procurement, and operational expansion. For long-term investors seeking growth in the energy sector, this IPO could be a promising opportunity.
Disclaimer:
This article is for informational purposes only. Investors are advised to study the company’s financials and consult with financial advisors before making any investment decisions.
