November 11, 2026, Wednesday
English

Shikhar Power Development Limited releasing IPO for general public from February 17th

Main News Image

Kathmandu. Shikhar Power Development Limited is going to open the initial public issue IPO from February 17. The company has announced that it is going to issue a total of 18 lakh 42 thousand 600 ordinary shares to the general public. Out of the total shares to be issued, 111,000 shares have been allocated for the collective investment fund and 44,400 shares for the employees of the company. Ordinary investors can apply for the rest of the shares. According to the company, investors can apply for a minimum of 10 shares to a maximum of 10,000 shares.

Asba member banks and financial institutions approved by the Nepal Securities Board and their designated branch offices can apply for the IPO. In addition, investors can also apply online through the 'My Share' system. According to the company, the IPO will be open until February 22 at the earliest and until March 1 at the latest.

mediabaaji add

Related News

Suggestion of transport operators to levy additional charges on fuel and electric charging units

Kathmandu. The umbrella organization of transporters, the National Association of Transporters, Nepal has suggested an additional fee of Rs.

Submitting separate memorandums to Infrastructure Development Minister Sunil Lamsal and Law, Justice...

Foreign currency exchange rate determined for today

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 65 paisa and the selling rate is 145 rupees 25 paisa. Similarly,...

Nepalis abroad sent 553 billion in three months, an increase of 35.4 percent in remittances

Kathmandu. In the first three months of the current financial year, there has been an increase of 35.4 percent in remittance inflow in July and October. According to the details released by Nepal Rastra Bank, remittanc...

The number of candidates opening accounts in banks and financial institutions is increasing

Kathmandu. After the Election Commission mandated that election expenses should be paid through bank and financial institution accounts, candidates opened accounts in a hurry. The Commission has arranged for political parties and candidates to ope...

Solu Hydropower's IPO is being distributed today, how many will get shares?

Kathmandu. The IPO of Solu Hydropower Limited will be distributed today. Nabil Investment Banking Limited and Himalayan Capital Limited will distribute the IPO today at 3:30 PM as the company's securities issuing and sales managers.

In the c...

What is the foreign currency exchange rate for dollars, euros and pounds?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the new rate announced by the Central Bank, the buying rate of one US dollar is 154 rupees 22 paisa and the selling rate is 154 rupees 82 pai...