Ridge Line Energy receives approval for IPO issuance; how many shares will be issued?

Bajarko Chirfar
Bajarko Chirfar
2082 Mangsir 23
Ridge Line Energy receives approval for IPO issuance; how many shares will be issued?

Ridge Line Energy Limited has received approval to issue its initial public offering (IPO) from Mangsir 22. The Nepal Securities Board (SEBON) has authorized the company to issue 26 lakh 7 thousand shares, equivalent to रु 26 crore 7 lakh. The company will now issue the IPO at a face value of रु 100 per share. Prabhu Capital Limited has been appointed as the issue manager for the offering.


This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.


 

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