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
The price of gold and silver increased, how much did it reach per tola?
Kathmandu. On Wednesday, the price of gold and silver increased in the Nepali market. According to the Federation of Nepal Gold and Silver Dealers, today the price of gold has increased by 800 rupees per tola. Along wi...
Modi Energy has received preliminary approval for the issue of rights shares from the Electricity Regulatory Commission
Kathmandu. Modi Energy Limited has received prior approval from the Electricity Regulatory Commission to issue rights shares. The company had submitted an application to the Electricity Regulatory Commission seeking prior approval for the issue of...
The price of gold increased, how much is the transaction going on today?
Kathmandu. The price of gold increased on Tuesday. Today, the price of gold has increased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, today the price of printed gold has been fixed at 3 lakh 5 thousand 500 rupees...
New interest rate of commercial banks for August announced, how much of which bank?
Kathmandu. The rate of interest of commercial banks has continued to decrease. This is shown by the details of the new interest rates released by the commercial banks for the month of August. Compared to July, the average interest rate for both in...
Rastra Bank will provide 42 billion to the government
Kathmandu. Nepal Rastra Bank's assets and liabilities have reached 26,239,540,000. According to the report of the financial year 2081-82, the financial position of the end of June 2082 has increased by 29.23 percent. A...
What is the exchange rate of foreign currency on Thursday?
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 141 rupees 45 paisa and the selling rate is 142...