Richet Hydro to issue IPO to public, appoint RBB Merchant Banking as sales manager
-
Media Baaji
- Tue, 10 February 2026
Kathmandu. Upper Richet Hydropower Pvt Ltd has prepared to issue IPO for general public. The company has appointed RBB Merchant Banking Limited as the issue and sales manager. The agreement was signed by the executive chairman of the company, Anand Pradhan, and the bank's chief executive officer, Badri Pakurel.
It is planned to offer 20 percent of the company's 400 million paid-up capital, i.e., 800,000 shares, to the general public through an IPO in the coming months of Shravan-Bhadra. Upper Richet Hydropower has started generating electricity from Bhadra 2081. The project is located at Wasisthan Gabis in Gorkha District.
Related News
Fall in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has decreased in Nepali market today. Gold has decreased by Rs 500 tola. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at 249,700 rupees per tola today.
...
Today, the stock market fell by a modest margin, trading above 16.35 billion
Kathmandu. On the second trading day of the week, NEPSE index decreased by 3.07 points to 2769.09. During the day, 362 million 64 thousand 873 shares of 332 companies were bought and sold, totaling 16 billion 35 milli...
50% of rice planting has been completed across the country: most in Far West, less in Koshi and Madhesh!
Kathmandu. About 50 percent of paddy planting has been completed across the country so far. According to the Department of Agriculture, this year, while the target is to plant rice in an area of 13 lakh 70 thousand hectares, so far planting in a...
Fluctuations in the prices of the dollar and euro; this is the central bank’s new rate
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rates for today, Monday. According to the details made public by the central bank, the buying rate for one US dollar has been set at Rs 151.56 and the selling rate at Rs 152...
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the buying rate of one US dollar is 142 rupees 54 paisa and the selling rate is 143 rupees 14 paisa.
Preparation for regular flights from Kathmandu to Dhaka
Kathmandu. Nepal Air Service Corporation has prepared to fly directly from Kathmandu to Dhaka, the capital of Bangladesh in the near future. The Corporation has started the necessary preparations and has formed a Feasibility Study Sub-Committee fo...