Today is the Last Day to Apply for Sanvi Energy Limited's IPO – Don’t Miss Out!

Today, Tuesday, is the final day to apply for the Initial Public Offering (IPO) of Sanvi Energy Limited. Interested investors must submit their applications within official working hours.

Sanvi Energy opened its IPO to the general public on Friday, Jestha 9, offering a total of 2,415,300 shares at a face value of Rs. 100 per share, amounting to Rs. 241.53 million.

Previous Allotments:

Before this public offering, Sanvi had already issued:

• 880,000 shares worth Rs. 88 million (10% of its paid-up capital) to project-affected local residents, and

• 291,000 shares to Nepalese citizens working abroad.

IPO Application Details:

• Investors can apply for a minimum of 10 shares and up to a maximum of 20,000 shares.

• Applications can be submitted through C-ASBA member banks and financial institutions or via the Meroshare online portal.

Sanvi Energy has received a credit rating of CARE-NP BB+ (Issuer Rating) from CARE Ratings Nepal.
This rating indicates that the company carries moderate risk in terms of its ability to meet financial obligations on time.
The rating was issued on Poush 11, 2081 and remains valid until Falgun 15, 2082.