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
An increase of 27.19 points in NEPSE, turnover above 11.58 billion
Kathmandu. On the fifth trading day of the week, the NEPSE index increased by 27.19 points to 2708.70. Today, 35.55 million 74 thousand 627 shares of 326 companies were bought and sold, and 11.58 billion 28 million shares were traded. Today, while...
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...
Reduced airfare
Kathmandu. With the decrease in the price of air fuel, the Civil Aviation Authority of Nepal has reduced the minimum fare for domestic air passengers. After Nepal Oil Corporation reduced the price of aviation fuel by 6 rupees per liter from Januar...
35 industries paid 238.7 million dedicated and trunk line tariff arrears
Kathmandu. 25 new industries which consumed electricity from dedicated and trunk line structures during load shedding in the past have paid the first installment of premium tariff arrears. Earlier, 10 industries which...
NMB Bank in association with Cititech and Smart Choice Technologies launches Loop Purchase Credit and EMI service
Kathmandu. NMB Bank Limited has entered into a tripartite agreement with Cititech Group and Smart Choice Technologies SCT to join the Loop Network as 'Issuer Bank'. Through this collaboration, NMB Bank is going to provide easy loan and installment...
What is the foreign currency exchange rate for dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the information released by the Central Bank, today the buying rate of one US dollar has remained at 152 rupees 32 paisa and the sel...