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
9.23 points increase in NEPSE, turnover above 9 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.23 points to 2714.61. During the day, 10.9 million 75 thousand 756 shares of 332 companies were bought and sold, and 9 billion 73.39 million shares were traded. Today...
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...
Here are the foreign currency exchange rates for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today 9 Monday 0. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 150 rupees 74 paisa and the selling rate has been fixed at 151 rupee...
ADB forecasts that economic growth will be limited to 2.7 percent
Kathmandu. The Asian Development Bank ADB has released a forecast that Nepal's economic growth rate will be limited to 2.7 percent in 2026. According to the 'Asian Development Outlook April 2026' published by ADB, this rate was 4.6 percent in the...
Riders of Pathao and Indrive must take mandatory PAN
Kathmandu. The government has brought ride-sharing services such as Pathao and InDrive under the ambit of taxation and implemented a new legal arrangement related to Value Added Tax VAT.
The Internal Revenue Department has issued a public no...
In the implementation of revised procedures related to concessional loan interest subsidy
Kathmandu. The government has implemented a new procedure with the aim of making the interest subsidy system provided in subsidized loans more transparent, systematic and effective.
The Ministry of Finance has approved and formally implement...