Shikhar Power Development Limited releasing IPO for general public from February 17th

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

Here are the foreign currency exchange rates for 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 149 rupees 64 paisa and the selling rate is 150 rupees 24 paisa. Similarly,...

Stock market of the week: NEPSE increased on all five days of trading

Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points...

During the quarter of the current year, 25 local levels are still without budget

Kathmandu. Although four months of the current financial year have been completed, 24 local levels of Madhesh Province have not been able to present their budgets. So far, a total of 728 local levels have presented bud...

The price of eggs increased again

Chitwan. The consumption of eggs has increased as it gets colder. On top of that, after the tightening in the Indian border area, illegal eggs have been stopped. Farmers say that because of this, Nepali eggs have start...

Gold prices modestly rise, silver sets new record

Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by Rs 700 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold...

National Life’s “Raising the Bar, Redefining Success”: Business Expansion Accompanied by Recognition of Outstanding Branches and Employees

Gorkha. National Life Insurance Company Limited has successfully concluded its four-day Branch Managers Conference at Hotel Manakamana Hillcrest Resort in Manakamana, Gorkha. Organized under the theme “Raising the Bar, Redefining Success,” the con...