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

Kalinchok Hydropower will issue IPO from 13th of February

Kathmandu. Kalinchok Hydropower Limited is going to issue IPO from 13th of February. The company is about to issue an IPO for the local residents of the project-affected areas and Nepalis working abroad.

The company got permission to issue 1...

Reactivated after five years, Nepal-India joint agricultural system, emphasis on trade and technology

Kathmandu. The ninth meeting of the Joint Agriculture Working Group, which was formed with the aim of giving a new impetus to the strategic cooperation in the agricultural sector between Nepal and India, has been completed in Kathmandu after five...

What is the exchange rate of foreign currency on Saturday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been set at 140 rupees 26 paisa and the selling rate is 140 r...

What is the exchange rate of which foreign currency on Sunday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the fixed exchange rate, the buying rate of one US dollar is 148 rupees 39 paisa and the selling rate is 148 rupees 99 paisa. Similarly, the...

The price of chicken meat has decreased

Kathmandu. The price of chicken meat has decreased in the market. The National Poultry Sales Traders Association has informed that the price of meat has been reduced with effect from Wednesday. According to the federation, the price of chicken mea...

New rules in NEPSE from Monday, share prices fell by 15 percent in one day

Kathmandu. Now the share price can decrease up to 15 percent in one day. NEPSE is about to implement this new regulation after the approval of the 'Securities Business Operation Fourth Amendment Regulation, 2082' from the Nepal Securities Board.