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.
Express
Related News
High increase in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola increased by 5 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 292,000 rupees per tola today.
On th...
The price of chiraito has decreased, farmers are worried
Bhojpur. Farmers here are worried after the price of chiraito, a multi-purpose herb found in Lekali region, has decreased significantly this year. Chiraito, which has become the main source of income for the farmers for the past few years, has dis...
Here is the foreign currency exchange rate today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the National Bank, the buying rate of one US dollar has been fixed at 151 rupees 28 paisa and the selling rate is 151 rupees 88 paise. Simil...
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...
Huge increase in prices of cooking gas, diesel and petrol
Kathmandu. Nepal Oil Corporation has again increased the price of petroleum products. Noting that the price of petroleum products is fluctuating in the international market, the corporation has increased the price. The corporation has increased th...
The price of the US dollar exceeded 152 rupees, how many other currencies?
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 151 rupees 56 paisa and the selling rate is 152 rupees 16 paisa. Similarly, the...