Shikhar Power Development Limited releasing IPO for general public from February 17th
-
Media Baaji
- Tue, 17 February 2026
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.
Express
Related News
The 'Property Investigation Commission' started work, the assets of high-ranking officials are under government surveillance
Kathmandu. The 'Property Investigation Commission', formed by the government with the main objective of ending corruption and impunity, has formally started its work. The five-member commission formed under the chairmanship of former Supreme Court...
High increase in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola increased by 5 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 292,000 rupees per tola today.
On th...
What is the exchange rate of foreign currency, which currency?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Monday. According to the new rates published by the Central Bank, the buying rate of one US dollar has remained at 154 rupees 21 paise and the selling rate ha...
Prachanda-Madhav in Pokhara warned by businessmen not to hold street meetings
Pokhara. Businessmen of Pokhara have protested saying that holding meetings on the streets will affect their business. Nepali Communist Party (NCP) protested at Ekta Synagogue that the Nepali Communist Party (NCP) will...
Economic growth is well below target, inflation is improving
Kathmandu. The government has released a new forecast that the economic growth rate of the country will be limited to 3.5 percent, which is much lower than the target. While reviewing the current financial year's budget half-yearly, the government...
12,000 shares of Kalika Micro Finance are on sale for general public
Kathmandu. Kalika Microfinance Financial Institution has put founder shares on sale. The company has put 12 thousand 184 shares in the founder's name in the founder's sale. Any person or company who wants to buy the said shares can submit a purcha...