October 3, 2026, Saturday
English

Palpa Cement will issue an IPO for the general public from February 12

Main News Image

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.

mediabaaji add

Related News

Another 18 industries were cut

Kathmandu. Nepal Electricity Authority has cut the lines of 18 more industries amid the trunk and dedicated line tariff disputes. The authority cut the line of that industry on Friday evening. According to Rajan Dhakal, spokesperson of the authori...

Four construction companies blacklisted, not allowed to participate in government contracts

Kathmandu. The Public Procurement Monitoring Office has blacklisted four construction businessmen and joint venture JVs based on the recommendations of various public bodies. The office has informed that according to sub-section 1 of section 63 of...

Double-digit decline in NEPSE, turnover of 4.57 billion

Kathmandu. On the fifth trading day of the week, the NEPSE index decreased by 10.66 points and remained at the point of 2615.03. During the day, 1291 thousand 401 shares of 329 companies were bought and sold, resulting in a turnover of 4.57 billio...

The price of petroleum products from India has increased, the price of gas and petrol has remained the same

Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. After Indian Oil Corporation sent the new price of petroleum products, Nepal Oil Corporation has adjusted it. Accordingly, per liter petrol has increased by Rs 0.12, di...

35 industries paid 238.7 million dedicated and trunk line tariff arrears

Kathmandu. 25 new industries which consumed electricity from dedicated and trunk line structures during load shedding in the past have paid the first installment of premium tariff arrears. Earlier, 10 industries which...

Monitoring of 56 commercial firms in one day

Kathmandu. The Department of Commerce, Supply and Consumer Protection has monitored 56 commercial firms on the same day at various locations in Kathmandu on Wednesday. The department has conducted on-site monitoring of firms, shops and commercial...