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
Have you seen the IPO results of Salpa Bikas Bank?
Kathmandu. Salpa Development Bank Limited has distributed the IPO issued to the general public. The company had opened the IPO sale of a total of 14 lakh 39 thousand 179 shares to the general public.
The IPO was distributed through the Gola...
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...
Action will be taken according to the law if the service is not entered within the bus park within 3 days
Kathmandu. Kathmandu Metropolitan City has given the last 3 days to provide integrated passenger vehicle operation service from the new bus park. Last month, on 25th of Chait, a public notice was published and a request was made to operate long an...
Solving the problem in the Melamchi water supply project
Kathmandu. The problem in the Melamchi water supply project has been resolved. According to the agreement reached in the Ministry of Energy, Water Resources and Irrigation late on Tuesday, the problem related to water...
Friday's exchange rate: Kuwaiti dinar is the most expensive, which currency is worth?
Kathmandu. Nepal Rastra Bank has announced the new exchange rate of foreign currency for Friday, February 8. According to the new rate set by the bank, the price of the US dollar has increased today and the buying rate of one dollar has remained a...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has announced the foreign currency exchange rate for Tuesday, June 16. According to the exchange rate published by the National Bank, the buying rate of one US dollar has remained at 150 rupees 97 paisa and the selling...