Snow Rivers has received approval from the Securities and Exchange Board for the IPO issue
-
Media Baaji
- Mon, 2 February 2026
Kathmandu. Snow Rivers Limited has received permission from Nepal Securities Board for IPO issue. The board has given permission to the company for the IPO issue on Sunday, January 18th. With the permission of the board, Snow Rivers will now issue ordinary shares worth Rs. 18 crore 75 lakhs to the general public. The company will issue 18 lakh 75 thousand shares of Rs 100 face value.
According to the prevailing rules, the company will allocate shares for project-affected local residents and Nepalese working abroad in the first phase. The application will be open to the general public only after allotment of shares to these two groups. Sanima Capital Limited is the issuing and selling manager of this IPO.
Express
Related News
Fluctuations in the price of the dollar and the euro: This is the exchange rate of foreign currencies on Wednesday
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Wednesday. According to the latest information published by the Central Bank, today the buying rate of one US dollar has remained at 152 rupees 08 pai...
Three billion is being invested in the construction of international transmission lines
Kathmandu. Nepal Electricity Authority is going to invest a total of 3 billion in the joint company to be established for the construction of two international transmission lines.
According to the Ministry of Ener...
Bank interest became cheaper in July, 6 banks cut, which one has how much?
Kathmandu. All 20 commercial banks have announced the new deposit interest rates applicable for the month of July. Looking at the public rates, it is seen that the average interest rate of deposits has further decreased in July compared to J...
The fuel facility of certain officials and government employees has been reduced
Kathmandu. In order to control public expenditure and manage the fuel crisis, the government has decided to significantly reduce the fuel facilities provided to government employees and special officials. According to the Ministry of Finance, due...
Trial of Tamghas-Burtibang 132 KV transmission line started
Kathmandu. The testing of the 132 kV double circuit transmission line constructed by the Nepal Electricity Authority from Gulmi headquarters Tamghas to Burtibang has been started from today. The line built under Burtibang-Paudiamrai-Tamghas-Sandhi...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has announced the foreign currency exchange rate for Tuesday, June 16. According to the exchange rate published by the National Bank, the buying rate of one US dollar has remained at 150 rupees 97 paisa and the selling...