Pure Energy Limited IPO Allotment Concludes: All You Need to Know
The Initial Public Offering (IPO) run by Pure Energy Limited has successfully ended after attracting substantial investment interest from Nepal-based investors. Pure Energy Limited received extraordinary investor support during its IPO phase in 2025 which turned out to be one of the most highly anticipated renewable energy public offerings of that year.
IPO Details At a Glance
- Company Name: Pure Energy Limited
- Sector: Renewable Energy (Solar)
- Issue Date: April 10 – April 15, 2025
- IPO Size: 11,95,200 shares @ NPR 100 each
- Total Value: NPR 119.52 million
- Allotment Basis: Lottery system due to oversubscription
- Issue Manager: Nabil Investment Banking Ltd.
Overwhelming Demand from Investors
The IPO achieved 1,854,497 applications creating a demand for 21,053,460 units that led to a subscription ratio of 14.61 times.
- Valid Applications: 1,846,664
- Rejected Applications: 6,426
- Shares Allotted to General Public: 11,95,200
- Lucky Applicants: 1,19,520 (Received 10 units each)
Limited share supply combined with excessive demand required the company to conduct distribution through random selection. All other applicants who submitted their applications did not obtain stock shares.
How to Check Your IPO Allotment Result
You can check the result of the Pure Energy IPO from the following portals:
About Pure Energy Limited
The company Pure Energy Limited started its operations on June 19, 2018 as a joint venture between Golyan Group and Renergo Developers Pvt. Ltd. The company develops a 20 MW solar PV power plant at Raniyapur in Banke District which connects to the electric grid. Pure Energy Limited separated its construction project into successive stages of 10 MW capacity.
The sustainable energy company works on achieving Nepal's green energy objectives while decreasing dependency on imported electricity in dry seasons
Credit Rating
The IPO obtained a rating of CARE-NP BB+ (Is) from CARE Ratings Nepal indicating that financial obligations may face moderate risks in terms of timely payment.
What's next?
Pure Energy Limited prepares to enter the NEPSE (Nepal Stock Exchange) trading market following the IPO and share distribution. Investors are advised to:
- Investors should regularly check for the specific dates when Pure Energy Limited will be listed on NEPSE.
- Potential investors must pay attention to the first market value.
- Long-term investment preparation requires evaluating financial data from the company.
Final Thoughts
The Pure Energy Limited IPO success creates another development in Nepal's path toward clean energy standards. Markets demonstrate a strong positive attitude toward investing in sustainable opportunities through the high level of subscription.
Pure Energy Limited has impacted the IPO market of 2025 through its success as an IPO and anticipated future listing on NEPSE.