The Snow Rivers IPO closes today for the general public, i.e., 15th May 2026. The company had commenced its IPO issue on 12th May 2026 after successfully allocating shares to local people residing in the area and Nepali citizens living abroad.
The issue will be of 20% of the total capital stock amounting to Rs. 937.5 million. As part of the public issue, an issue of 1,875,000 shares amounting to Rs. 187.5 million in value will be made. From this total number of issued shares, 937,500 were issued to the natives of the affected areas, 93,750 units to Nepalese migrant laborers working abroad, 46,875 to mutual fund companies, and 18,750 to company staff members.
Snow Rivers has planned the issuance of 778,125 shares having a value of Rs. 77.8 million in the second stage to the common man. An interested investor can make an application for buying a minimum of 10 and a maximum of 1,000 shares through C-ASBA-approved financial institutions and MeroShare.
As per CARE Ratings Nepal, the firm has secured BB- ratings, which signifies that there is some risk attached to the investment. Sanima Capital will be acting as the issue manager for the IPO.
Snow Rivers IPO has attracted the interest of many individual investors owing to the rising popularity of IPOs of companies operating in the hydropower industry. Investors who are interested in participating in the IPO are advised to make their applications before today’s deadline.
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