Today is the final day to apply for Mabilung Energy Limited’s first-phase IPO, which opened on Asar 22.
Mabilung Energy Limited is closing applications today for the first phase of its Initial Public Offering (IPO), which began on Asar 22, 2081 B.S. The company has received approval to issue a total of 18,90,530 units of ordinary shares at a face value of Rs. 100 per share.
In this first phase, 3,85,824 units have been allocated to project-affected local residents, and 1,50,471 units have been reserved for Nepali citizens working abroad. Eligible local applicants include permanent residents of Ward Nos. 7, 8, and 9 of Madi Municipality and Ward Nos. 2, 3, 7, 8, and 9 of Chainpur Municipality in Sankhuwasabha District. Investors may apply for a minimum of 10 units and up to a maximum of 50,000 units.
Applications can be submitted from the following locations:
Laxmi Sunrise Capital
Global IME Bank, Chainpur
Himalayan Bank, Madi
Laxmi Sunrise Bank, Khandbari
Mabilung Energy Project Office
Alternatively, applicants may apply online through the Mero Share portal or via any C-ASBA member bank or financial institution. After the allotment of the first phase, the second phase of the IPO will be opened for the general public.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
