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
BP highway reconstruction is accelerated, 3.2 km road will be constructed through JICA for 2.6 billion
Ramechhap. The remaining road section of the Kavre-Sindhuli section from Piple in Kavre to Barkhekhola in Sindhuli will be constructed in two lanes with the support of Japan International Cooperation Agency (JICA).
Suman Yogesh, Head of Road...
Authority constructing new Butwal Lamhi transmission line
Kathmandu. The Nepal Electricity Authority is going to construct a new Butwal Lamahi power transmission line with a capacity of 400 KV. The total length of 161 km transmission line is intended to transmit the electricity of eastern Nepal to the we...
Gold prices modestly rise, silver sets new record
Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by Rs 700 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold...
The price of gold decreased by 2 thousand 400 per tola in one day
Kathmandu. The price of gold and silver decreased in the Nepali market on Thursday. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has remained at Rs 284,700 per tola. The price of gold, which was tra...
What is the price of the Australian dollar? Such is the exchange rate of foreign currency
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 152 rupees 04 paisa and the selling rate is 152 rupees 64 paisa.
Simil...
Foreign currency exchange rate announced: what is the price of dollar, euro and pound?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the information released by the Central Bank, today the buying rate of one US dollar is 152 rupees 04 paisa and the selling rate is...