14 Nepali Hydropower Firms Set for Massive IPOs

Upcoming IPO in Nepali Share market In a significant move, 14 hydropower companies in Kathmandu are poised to launch Initial Public Offering...

Upcoming IPO in Nepali Share market

In a significant move, 14 hydropower companies in Kathmandu are poised to launch Initial Public Offerings (IPOs), collectively offering over 600 million shares valued at 6.7 billion. Pending approval from the Nepal Securities Board, these companies are eager to introduce their primary shares to the public.

Yambaling Jalvidyut Limited plans to issue 2.8 million IPO share to the local and general public, with Muktinath Capital appointed as the sales manager. Similarly, Bikas Hydropower Company aims to release 44 lakh 54 thousand shares, designating Prabhu Capital as its sales manager.

Awaiting Nepal Securities Board’s nod, Ridge Line Energy anticipates offering 5.8 lakh 4 thousand shares, with Prabhu Capital handling sales management. Meanwhile, Laughing Buddha Power Nepal Hydropower Company is gearing up to issue 65 lakh 77 thousand shares, appointing Nepal Nabil Investment as its sales manager.

Beni Hydro Power Project has applied for the issuance of 2 million 80 thousand IPO share, with NMB Capital serving as the sales manager. Sanima Hydro has sought approval for 1.47 million primary shares, entrusting Sanima Capital with sales management.

Bhujung Hydro Limited is set to issue 14 lakh 55 thousand shares, choosing Kumari Capital as the sales manager. Solu Hydro Limited has applied for the issuance of 20 million shares, with Nabil Investment Banking Limited as its sales manager. Additionally, Sanbhi Energy Limited is gearing up to offer 37 lakh 90 thousand shares, with Nepal SBI Merchant Banking Limited overseeing the sales.

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Him Star Energy Company Limited eyes the issuance of 11 lakh 19 thousand shares, awaiting board approval and entrusting NIC Asia Capital with the upcoming IPO Share. Richet Jalvidyut Company Limited is preparing for the issuance of 11 lakh 76 thousand shares, with NMBS Capital Limited as the sales manager.

Mabling Energy Limited is gearing up for a primary share issue of 9.8 million shares, appointing Lakshmi Capital Market as the sales manager. Taksar Pikuwa Khola Hydropower Company plans to issue 42 lakh 30 thousand shares, with Prabhu Capital managing sales.

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Likewise, Darakhola Hydro Energy has applied for the issuance of 39 lakh 50 thousand upcoming IPO share, selecting Lakshmi Capital as its sales manager. Pending approval from the Securities Board, these companies are poised to bring their IPOs to the local and general public.

In conclusion, the hydropower landscape in Kathmandu is set for a transformative shift as 14 companies eagerly await approval from the Nepal Securities Board to introduce over 600 million shares to the public.

With diverse projects and strategic sales management partnerships in place, these companies are on the brink of reshaping Nepal’s energy sector through their imminent Initial Public Offerings (IPOs). Stay tuned for further updates as these ventures unfold and contribute to the dynamic growth of Nepal’s hydropower industry.

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