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

Heavy damage to power sector due to Bhotekoshi flood, 12 projects of 431 MW closed

Kathmandu. About 10 percent of the country's total power generation capacity has been affected due to the floods in the Bhotekoshi River in Rasuwa. After the floods caused great damage to power generation, transmission and distribution structures,...

Formation of 'Budget Writing Committee', Uttar Kumar Khatri Coordinator

Kathmandu. For the preparation of the annual budget and program for the coming financial year 083/84, the Ministry of Finance has formed a 'Budget Writing Committee' under the coordination of Chief Joint Secretary, Revenue Management Division, Utt...

What is the exchange rate of which foreign currency on Saturday?

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to the fixed exchange rate, the buying rate of one US dollar is 148 rupees 39 paisa and the selling rate is 148 rupees 99 paisa. Similarly, the buy...

1 lakh for the relief of flood victims.

The Kathmandu. The Nepal Insurance Authority Employees' Organization has decided to provide financial assistance for the rescue and relief of the people of Rasuwa, Nuwakot, Dhading and other areas affected by the floods of September 10. The organi...

What is the exchange rate of which foreign currency on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 81 paisa and the selling rate is 147 rupees 41 paisa. Similarly,...

NEPSE increased by 9.78 points today, turnover of 3.94 billion

Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.78 points to 2550.36. During the day, 88 lakh 93 thousand 778 shares of 335 companies were bought and sold, with a turnover of 3.94 billi...