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
Singti Hydro will issue 100 percent rights
Kathmandu. Singti Hydro Energy Limited is going to issue rights. The company has appointed Muktinath Capital Limited as the sales manager for the rights issue. Sudip Khadka, Managing Director on behalf of Singti Hydro Energy Limited and Kavindra D...
The US dollar rose as the Australian dollar, euro and pound continued to fall in value
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Foreign currencies including the US dollar, Kuwaiti and Bahraini dinars rose today. However, the exchange rate of some foreign currencies, including the...
'Stalls' including public library closed after non-payment of rent
Kathmandu. According to the decision of the Nepal government, stalls that have not paid rent for a long time along with the Kathmandu Valley Public Library at Bhrikutimand have been closed. According to the Ministry of Women, Children, Gender and...
National Life gave 1 day training to agents in Pokhara
Kathmandu. National Life Insurance Company has provided 1 day training to its agents. Kazim Raza, a well-known trainer in the insurance sector, provided training to 185 agents working in all branch offices of Gandaki province and some branch offic...
NEPSE decreased by 10.53 points today, turnover of 4 billion 77 crores
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 10.53 points and remained at the point of 2622.88. During the day, 1337 thousand 307 shares of 337 companies were bought and sold, and 4 billion 774 million shares were...
Gas subsidy being scrapped
Kathmandu. The government has released Energy Consumption Growth and Export Strategy, 2083 with a plan to cancel the subsidy on LP gas for cooking till the financial year 2092 and 93 and provide subsidy on electric stoves. The strategy, published...