IPO for General Public: Ridge Line Energy Limited to Issue 11,80,260 Units IPO Shares from Magh 28
Summary
Ridge Line Energy Limited will issue 11,80,260 units of IPO shares starting from 28 Magh, 2082, with Prabhu Capital Ltd. as the issue manager and recent upgrades in issuer ratings by CARE Ratings Nepal.
Key Points
- Ridge Line Energy Limited is issuing 11,80,260 IPO shares to the general public from 28 Magh, 2082.
- The IPO includes reserved shares for project-affected locals, Nepali citizens abroad, company employees, and mutual funds.
- Prabhu Capital Limited has been appointed as the issue manager for the IPO.
- CARE Ratings Nepal Limited upgraded Ridge Line Energy Limited's issuer rating to CARE-NP BB (Is).
