Kathmandu, February 4, 2026 – Today is the final day to apply for the Shikhar Power Development IPO for local residents.
The shares are offered to people from the project-affected areas. These include Badigad Rural Municipality (wards 1–10) and Dhorpatan Municipality (ward 2) in Baglung District.
The company is issuing 3.2 million ordinary shares worth Rs. 320 million. This equals 32.65% of its total issued capital of Rs. 980 million.
Eligible residents can apply for a minimum of 10 shares. They can apply for up to 10,000 shares. The application window closes today.
The IPO has received a ‘BB’ rating from ICRA Nepal. This shows a moderate level of investment risk. The issue manager is Global IME Capital.
Applications can be submitted through selected branches of Global IME Bank, Prabhu Bank, Garima Bikas Bank, and Shine Resunga Development Bank in the affected areas.
Local investors should apply today to avoid missing the deadline.
Stay tuned to NepseTalk for the latest news.
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