IPO distribution of Ridge Energy completed, 1 lakh 18 thousand people got shares
-
Media Baaji
- Thu, 26 February 2026
Kathmandu. Ridge Line Energy Limited has completed the IPO process issued to the general public. Sales manager Prabhu Capital completed the allotment this morning. IPO of the company 118 thousand 26 people have acquired 11 lakh 80 thousand 260 shares at the rate of 10 shares. The company has already issued an IPO and distributed it to the project-affected locals and Nepalis who are employed abroad.
The Nepal Securities Board had given permission for the IPO issue to the company on November 22. This company has completed the construction of Super Chepe Khola hydroelectric project with a capacity of 9.050 MW in Gorkha and Lamjung and has been producing it commercially since January 2080.
The company has also invested in the 11 MW Dudhpokhri Chepe hydropower project. Sopan Multiple has invested 1 million shares in the company, while Muktinath Capital has invested 2 million shares.
Related News
NEPSE fell by 27.59 points, trading fell to 6.69 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 27.59 points and remained at the point of 2614.55. During the day, 1 crore 59 lakh 89 thousand 430 shares of 324 companies were bought and sold, and 6 billion 69 crore 9...
Ministry's directive to refund fees collected illegally from students
Kathmandu. The Ministry of Education, Science and Technology has directed all concerned to refund the illegally collected fees to the students. The ministry issued a statement on Wednesday and directed some institutional schools to return the amou...
Suryakund Hydro's IPO allotment, 57 thousand 243 people got shares
Kathmandu. Suryakund Hydro Electric Limited has issued an IPO to the general public. Sales manager Kumari Capital Limited has allotted the IPO this morning. This company had opened the IPO sale of 5 lakh 72 thousand 431 shares with a face value of...
The fuel facility of certain officials and government employees has been reduced
Kathmandu. In order to control public expenditure and manage the fuel crisis, the government has decided to significantly reduce the fuel facilities provided to government employees and special officials. According to the Ministry of Finance, due...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 97 paisa and the selling rate is 144 rupees 57 paisa. Similarly, the...
Salary to government employees in 15 days now
Kathmandu. Government employees will now get salary and allowance within 15 days. The Ministry of Finance has issued a circular to provide salaries and allowances to government employees within 15, 15 days by taking a ministerial decision. In the...