Ridge Line Energy Limited Closing IPO Shares to Project-Affected Locals of Gorkha and Lamjung From Today
Summary
Ridge Line Energy Limited closes IPO share issuance for project-affected locals of Gorkha and Lamjung, allocating 11.85 lakh shares worth Rs. 11.85 Crores towards the Super Chepe Hydropower Project.
Key Points
- Ridge Line Energy Limited is closing the IPO for 11,85,000 shares for project-affected locals of Gorkha and Lamjung.
- The company has an issued capital of Rs. 1.18 Arba, with 22% of shares allocated to the public.
- The allocation includes shares for Nepalese citizens abroad, employees, and mutual funds.
- The Super Chepe Hydropower Project of 9.05 MW in Gorkha is being developed under the BOOT model.
