Palpa Cement will issue an IPO for the general public from February 12
-
Media Baaji
- Wed, 11 February 2026
Kathmandu. Palpa Cement Industries Limited is going to issue an IPO to the general public from the 12th of February. In the first phase, the company has issued and distributed IPO to local residents of industry-affected areas and Nepalese working abroad, and now it is going to issue it to the general public in the second phase.
The company has received permission from the Nepal Securities Board to issue 20 percent of the issued capital of Rs. Out of which, 18 lakh 75 thousand shares have been issued to the local residents of the industry affected areas and 562 thousand 500 shares have been issued and distributed to Nepalis working abroad.
Now, out of the remaining shares, 2 lakh 81 thousand 250 shares are reserved for collective investment funds and 2 lakh 81 thousand 250 shares are reserved for the employees of the company and the remaining shares are going to be opened for sale to the general public at the rate of 100 rupees per share.
Express
Related News
Government's relief package: Rasuwa flood victims will get up to 50% advance insurance claim payment
Kathmandu. The government has decided to provide advance payment to the insured affected by the Rasuwa flood based on the preliminary assessment of insurance claims. This arrangement has been made through the 'Rasuwa flood recovery package' announ...
Heavy fall in the price of gold and silver, how much is the transaction going on today?
Kathmandu. The price of gold has decreased in the Nepalese market. Today the price of gold has decreased by 9 thousand 500 rupees per tola. According to the Nepal Gold and Silver Traders Federation, 2 lakh 95 thousand 200 rupees have been fixed in...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. The value of the US dollar has increased according to the fixed exchange rate. The buying rate of one US dollar is 149 rupees 31 paisa and the selling ra...
Exchange rate determination: The selling rate of US dollar exceeded Rs.151
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Monday. According to the new rate set by the Central Bank, today the buying rate of one US dollar has reached 150 rupees 62 paisa and the selling rate...
Jail sentence for those who spread chaos in the banking sector, the National Bank has given a final warning
Kathmandu. Nepal Rastra Bank has said that it has drawn serious attention to the unprofessional and disorderly activities targeting banks and financial institutions and their employees in recent days.
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 78 paisa and the selling rate is 145 rupees 38 paisa. Similarly,...