Mabilung Energy Shares Listed on NEPSE Nearly 2.5 Months After IPO Allotment
Mabilung Energy Limited (MABEL) has officially listed 3.85 million shares on NEPSE, nearly two and a half months after its IPO allotment.
Mabilung Energy Limited (MABEL). The listing comes nearly two and a half months after the company’s IPO allotment, which took place on Bhadra 8, 2082.
The listing includes 1,890,530 shares distributed to the general public and 1,967,710 promoter shares, totaling 3.85 million shares now eligible for trading.
NEPSE has provided Mabilung Energy with the stock symbol “MABEL”, and the company’s shares will begin trading in the special pre-open session on Kartik 18 (Tuesday) before entering the regular market session.
For the first transaction, NEPSE has set an opening range between Rs. 105.90 and Rs. 317.70 per share, based on regulatory guidelines for new listings.
Mabilung Energy’s listing adds fresh momentum to Nepal’s hydropower sector at a time when retail investor interest in new hydropower stocks remains high.