Ridge Line Energy Limited has opened its Initial Public Offering (IPO) for the general public starting from Magh 28, 2082, offering a total of 1,180,260 shares to investors. Applications for the IPO will be accepted until Falgun 4, and investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. The company has appointed Prabhu Capital Limited as the issue and sales manager for the IPO.
Prior to this general public offering, Ridge Line Energy had already allocated and distributed shares set aside for project-affected local residents and Nepali workers abroad. The company received regulatory approval for the IPO from the Nepal Securities Board (SEBON) on Mangsir 22, 2082. Investors can submit their applications starting from 10:00 AM during the application period.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
