Mabilung Energy Limited has officially received approval from the Nepal Securities Board to issue its Initial Public Offering (IPO). The approval, granted on Asar 1, 2082, allows the company to issue a total of 1,890,540 shares, valued at NPR 18.90 crore.
The IPO price per share is set at NPR 100, and the offering will be managed by Laxmi Capital Market Limited. Of the total shares, 48.9998% (1,890,540 shares) will be available to the general public, while the remaining 51.0002% will remain with the promoter.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
