Last Day to Apply for Riz Line Energy's IPO

Today (January 12, 2026) marks the last day to apply for the IPO issued by Riz Line Energy Limited, which was launched on January 13 for the local residents of the project-affected areas. The company has been allowed to issue 26,07,000 shares, totaling 22% of its capital of NPR 118.5 million. Out of this, 11,85,000 shares are being issued for the local residents of Gorkha and Lamjung districts. Residents from specific wards of Ajirkot Rural Municipality in Gorkha and Dudh Pokhari and Dordi Rural Municipalities in Lamjung are eligible to apply. A minimum of 10 shares and a maximum of 50,000 shares can be applied for. The company has been rated as CARENP BB by Care Ratings Nepal, indicating moderate risk in the company's ability to bear liabilities. Riz Line Energy operates the 9.05 MW Super Chepe Hydroelectric Project, which cost NPR 2.09 billion. IPO applications can be submitted through Prabhu Capital Limited or other branch offices.