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Ridge Line Energy Limited (RLEL)

Closed Hydropower IPO Heavily Oversubscribed
Issue Price
Rs. 100.00
Per Unit
Opening Range
Rs. 100 Rs. 300
Based on NEPSE Rule
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Company Overview

Issue Details

Type
IPO
Public Offering
Category
General Public
Eligible Investors
Issue Manager
Prabhu Capital Limited
Lead Manager
Issue Size
Rs. 0
1,180,260 Units
Applied Size
2,663,557 Applicants
29,637,300 Units Applied
Allotment Summary
118,026 Allotted
2,545,531 Empty Handed
Net Worth
Rs. 131
Company Net Worth
Sector
Hydropower
Industry Classification
Status
Heavily Oversubscribed
25.11x times
Total Subscribed
0xTarget (1x)
Issue Units
1,180,260
Applied Units
29,637,300
Allotment Probability
4.4%
chance
2,663,557 applicants
Application Outcome
118,026
allottees
118,026
Allotted
2,545,531
Empty-handed
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Issue Timeline

Issue Opens
February 11, 2026
Issue Closes
February 16, 2026
Extended Until
February 25, 2026
Result Date
February 26, 2026

Issue Summary

Ridge Line Energy Limited (RLEL) has launched its IPO in the Hydropower sector, seeking to raise Rs. 0. The offering consists of 1,180,260 units priced at Rs. 100.00 per unit, with Prabhu Capital Limited serving as the issue manager.

The subscription period, which is open to General Public, is scheduled from February 11, 2026 to February 16, 2026, with a minimum application requirement of 10 units.

Market data reveals a strong investor response, with 2,663,557 applicants vying for a total of 29,637,300 units, resulting in a subscription rate of 25.11 times.

Considering the level of strong investor demand and the minimum application size, it is estimated that approximately 118,026 applicants may receive share allotment, while around 2,545,531 applicants may remain empty-handed. This corresponds to an estimated allotment probability of 4.43% per applicant.

The official IPO results are expected to be published on February 26, 2026.

Frequently Asked Questions (FAQ)

Ridge Line Energy Limited (RLEL) has launched its IPO to raise a total of Rs. 0. The company is issuing 1,180,260 ordinary shares to the public at an issue price of Rs. 100.00 per unit. This public offering allows investors to participate in the ownership and future growth of the company.
The Ridge Line Energy Limited IPO is open for General Public. Eligible investors must have a valid BOID in order to submit an application.
The subscription period for Ridge Line Energy Limited IPO begins on February 11, 2026 and closes on February 16, 2026. Applications must be submitted within this timeframe through the MeroShare system or bank if its local IPO.
Investors applying for Ridge Line Energy Limited IPO must apply for a minimum of 10 units. Applications below this quantity are not accepted, and investors can apply for higher quantities in multiples of the minimum lot size.
As per the latest available data, the Ridge Line Energy Limited IPO has been subscribed 25.11 times. This level of subscription reflects strong investor demand among investors during the public offering period.
Based on the total number of applicants and the total shares available for allotment, the estimated allotment probability for Ridge Line Energy Limited IPO is around 4.43%. Actual allotment is conducted through a lottery system as per regulatory guidelines.
Based on the company’s reported net worth and prevailing market conditions, the expected opening range of Ridge Line Energy Limited IPO is estimated to be between Rs. 100 and Rs. 300 after listing. This range is an estimate and actual market prices may vary depending on demand and overall market sentiment.
The allotment result of Ridge Line Energy Limited IPO is expected to be published on February 26, 2026. Investors will be able to check their allotment status once the result is officially released.
Investors can check the allotment result of Ridge Line Energy Limited IPO through the following official methods:

Method 1: Check IPO result from MeroShare
  1. Visit meroshare.cdsc.com.np
  2. Login using your DP ID, username, and password
  3. Go to the My ASBA section
  4. Click on Application Report
  5. Select Ridge Line Energy Limited from the company list
  6. View your share allotment status
Method 2: Check IPO result from CDSC IPO Result Portal
  1. Visit iporesult.cdsc.com.np
  2. Select Ridge Line Energy Limited from the company dropdown
  3. Enter your BOID number
  4. Enter the captcha code
  5. Click on Submit to check the result
Method 3: Check IPO result from Issue Manager Website
  1. Visit https://www.prabhucapital.com/
  2. Select Ridge Line Energy Limited from the company list
  3. Enter your BOID number
  4. Submit the form to view your allotment status

Note: This result link is hosted on the official website of the issue manager and provides the same allotment data published by CDSC.

For faster access during high traffic periods, it is recommended to use the CDSC IPO result portal or the issue manager’s official website.

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