Mabilung Energy Limited has completed the allotment of its IPO for the general public, with the process conducted at Laxmi Sunrise Capital on the morning of Bhadra 8.
Mabilung Energy Limited has completed the allotment of its IPO shares for the general public, which had been issued from Sawan 26 to 29. The allotment process was carried out at the office of the company’s issue manager, Laxmi Sunrise Capital, starting at 9:30 AM.
A total of 1,24,886 applicants received 10 shares each, while four applicants were allotted 11 shares each.
The company had obtained approval from the Nepal Securities Board to issue 18,90,530 ordinary shares, representing 48.99% of its total capital, at a face value of NPR 100 per share. In the first phase, 3,85,824 shares were allotted to project-affected residents and 1,50,471 shares to Nepalis working abroad.
In the second phase, the company had reserved 75,266 shares for collective investment funds and 30,095 shares for employees. The remaining 12,48,904 shares were issued to the general public and have now been allotted.
How to Check the IPO Result
Applicants can check the Mabilung Energy IPO results via the following platforms:
Laxmi Sunrise Capital –|| LS Capital Limited
CDSC IPO Result Portal – iporesult.cdsc.com.np
Mero Share Account – meroshare.cdsc.com.np
Applicants need to enter their DP ID and other details to view the allotment result.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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