Kathmandu, March 15: Today is the last day to apply for the Kalinchowk Hydropower IPO, which has been issued for the locals of the project-affected areas in Dolakha district.
The company had opened the initial public offering (IPO) for affected local residents starting February 25, 2026. Eligible investors must submit their applications by the end of today.
Kalinchowk Hydropower is issuing 25 percent of its issued capital, which totals Rs 550 million. Under this plan, the company will issue 13,75,000 units of shares worth Rs 137.5 million to the public.
Out of the total shares approved for issuance, 5,50,000 units of shares worth Rs 55 million have been allocated specifically for local residents of the affected areas. These areas include Ward No. 8 of Bigu Rural Municipality and Wards No. 1 and 2 of Kalinchowk Rural Municipality in Dolakha district.
Eligible investors can apply for a minimum of 10 units and a maximum of 10,000 units of shares.
According to CARE Rating Nepal, the company has received a BB rating, indicating moderate investment risk.
RBB Merchant Banking Limited has been appointed as the issue manager for the IPO. Interested local investors can submit their applications through the office of the issue manager or designated locations, including the office of Kalinchowk Hydropower in Bigu Rural Municipality-8, the Singati branch of Nepal Bank, Sindhu Bikas Bank, and Nepal Investment Bank.
Local investors who wish to participate in the Kalinchowk Hydropower IPO are advised to complete the application process before the deadline today.
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