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

Gold prices continue to set new records, silver is also at an all-time high

Kathmandu. The price of gold and silver in the Nepali market is constantly increasing. Today the price of gold has increased by 1 thousand 800 rupees. According to the Federation of Nepal Gold and Silver Dealers, the...

Expanding energy cooperation between Nepal and Bangladesh

Kathmandu. Bangladesh has agreed to take an additional 20 MW of electricity from Nepal. The seventh meeting of the Energy Secretary-level joint directorate committee of Nepal and Bangladesh held on Thursday has agreed...

U.S. to provide more than $3 million in flood relief

The Kathmandu. The U.S. government has announced more than $3.6 million in additional humanitarian assistance for Nepal's flood victims. In a press statement issued on Saturday, the US State Department said that the US will provide more than $3.6...

Muglin -Malekhu road upgradation work started

Kathmandu. The work of upgrading the Muglin-Malekhu road, which was only a normal work due to the rainy season, has started gaining intensity. After June, the road upgrading work slowed down. After the rain stopped and the festival was over, the w...

The market is full of people for Janaipurnima!

Kathmandu. Aiming at Janaipurnima, which falls on 12th of August, jaai are kept for sale in the market. For Janaipurnima, various shapes and types of janai are decorated in shops.

What is the foreign currency exchange rate today?

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 fixed at 152 rupees 70 paisa and the selling rate is 153 rupees 30 paisa.

The b...