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ECONOMY

Mabilung Energy Limited listed on NEPSE

Around two and a half months after the IPO allotment, a total of 38,58,240 shares of the company were listed on NEPSE on Monday. Of the total shares allotted on August 24, 18,90,530 shares were allocated to the general public and 19,67,710 shares to the founding shareholders.
By REPUBLICA

KATHMANDU, Nov 4:  Mabilung Energy Limited (MABEL) has been listed on the Nepal Stock Exchange (NEPSE). NEPSE has assigned the stock ticker MABEL to the company.



Around two and a half months after the IPO allotment, a total of 38,58,240 shares of the company were listed on NEPSE on Monday. Of the total shares allotted on August 24, 18,90,530 shares were allocated to the general public and 19,67,710 shares to the founding shareholders.


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The company’s shares will be traded in the regular market after transactions take place during the Special Pre-Open Session on Tuesday. For the first trading day, NEPSE has set an opening range between Rs 105.90 and Rs 317.70 for MABEL. 


 

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