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
What is the foreign currency exchange rate on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 140 rupees 25 paisa and the selliang rate is 14...
Suspension of extra charges on health insurance renewal
Kathmandu. The Health Insurance Board has announced that it has temporarily suspended the system of charging additional fees to insured families who have not renewed their health insurance. According to the latest decision of the Insurance Board,...
A general decline in NEPSE, turnover of 8.69 billion
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 0.04 points and remained at the point of 2662.09. Today, 222 million 82 thousand 50 shares of 329 companies were bought and sold, and 8 billion 69 million 22 million sh...
The price of eggs increased, the farmers still did not get the cost price
Kathmandu. The price of eggs, which has fallen due to the effect of bird flu, has started to rise. After production decreased and demand increased, prices started to rise. Nepal Layers Poultry Farmers Association decides the market price by taking...
Foreign currency exchange rates: The dollar, euro and pound rose
Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currency for Friday. According to the new rate set by the Central Bank, today the buying rate of one US dollar is 153 rupees 86 paise and the selling rate is 154 rupees 46 pai...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the buying rate of one US dollar is 144 rupees 09 paisa and the selling rate is 144 rupees 69 paisa.