Shikhar Power Development Limited is opening its Shikhar Power Development IPO to the public from March 3, 2026. The company got approval from the Securities Board of Nepal to issue shares worth Rs 32 crore, with 3.2 million shares at a face value of Rs 100 each.
Earlier, shares were allotted to locals in the project area and Nepalis working abroad. However, local applications did not meet the full demand, so the company has extended the IPO to the general public.
Out of the total issue, 980,000 shares were reserved for project-affected locals and 222,000 shares for Nepalis abroad. Investors can apply for a minimum of 10 and a maximum of 10,000 shares.
The Shikhar Power Development IPO is being managed by Global IME Capital. The company operates the Bhimkhola Small Hydropower Project, a 4.96 MW run-of-river plant in Baglung.
This IPO gives investors a chance to participate in Nepal’s growing hydropower sector and benefit from the country’s energy infrastructure development.
Stay tuned to NepseTalk for the latest news.
लोड हुँदैछ...
0 Comments