Today is the Last Day to Apply for Jhapa Energy IPO

Jhapa Energy Limited's IPO, issued for locals affected by the project and Nepali citizens working abroad, is closing today, i.e., Shrawan 18.

The company received approval from the Securities Board of Nepal on Ashad 31 to issue a total of 950,475 units of ordinary shares at a face value of NPR 100 per share. Out of the total issuance, 10% (380,190 shares) are reserved for locals in the affected areas, and 15% (57,029 shares) are allocated to Nepali citizens employed abroad.

Investors can apply for a minimum of 10 shares and up to a maximum of 5,000 shares. Himalayan Capital Limited is the issue manager for this IPO. Interested applicants must submit their applications by the end of today.