Kathmandu, Nepal – Shikhar Power has opened the Shikhar Power Development IPO on March 1, 2026. This move gives investors a chance to buy shares of the company on the Nepal stock market.
The company is issuing 32.65% of its total capital, worth Rs 320 million, to the general public. In total, 3.2 million ordinary shares are available for investment.
Before this public issue, Shikhar Power already allocated some shares to the local affected community and to foreign migrant workers. Now, 1,842,600 shares are open for all investors to apply.
Interested investors can apply for a minimum of 10 shares and a maximum of 10,000 shares. The IPO period will close early on March 6 and at the latest on March 15.
The rating agency ICRA Nepal has given the issue a BB rating, which suggests moderate risk for investors.
Global IME Capital is managing the share issue. Investors can apply through all C-ASBA-approved banks and financial institutions and via Meroshare.
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