Appolo Hydropower’s IPO Allotment Concluded [IPO Result !!]
April 13, 2026 | Investopaper
IPO Allotment Of Appolo Hydropower Limited
Himalayan Capital Limited, the issue manager for the initial public offering (IPO) of Appolo Hydropower Limited, has concluded the IPO allotment process on Tuesday.
After the allotment, 78,020 applicants have received 10 shares each through lottery.
A total of 27,27,117 valid applicants had subscribed for the shares. With the allotment, more than 26.5 lakh applicants were left empty-handed.
To view the IPO result of Appolo Hydropower Limited, click the link below:
IPO Result Of Appolo Hydropower Limited
Second Phase: IPO To General Public
After the first phase, Appolo Hydropower Limited had issued the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public was open from Chaitra 26, 2082 BS.
The company had sold 7,80,200 shares at Rs. 100 per share to the general public.
Interested investors could apply for a minimum of 10 shares and a maximum of 94,000 shares.
The public offering was closed on Baisakh 2, 2082 BS.
The company has allotted 47,000 shares to the mutual fund schemes and 18,800 shares to the employees of the company.
In total (including the first and second phase), the hydropower floated 14,10,000 shares in the public offering. At a par value of Rs. 100, the public issue amounts to Rs. 14.10 crores.
First Phase: IPO To Locals & Foreign Employed Nepalis
In the first phase of the IPO, the company had sold the shares to the locals of the project affected areas and to the Nepalis in foreign employment from Falgun 11, 2082 BS.
The company had floated 4,70,000 shares to the locals of the project affected areas of the Okhaldhunga, Solukhumbhu and Ramechhap district. Due to full-subscription of shares, the IPO to locals of project affected areas was closed on Chaitra 1, 2082 BS.
Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 47,000 shares.
Earlier, the company had also issued 94,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Falgun 11, 2082 BS. The IPO to foreign employed Nepalis was closed on Falgun 14, 2082 BS. Interested foreign employed Nepalis can apply for a minimum of 10 shares and a maximum of 94,000 shares.
Securities Board of Nepal (SEBON) has given the approval to the company on Magh 20, 2082 BS for the public issuance. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
Himalayan Capital Limited is the issue manager for the public offering.
About Appolo Hydropower Limited
Appolo Hydropower Limited is currently constructing Buku Khola Hydropower Project. The project is a Run-of-River (ROR) type project with an installed capacity of 6 MW.
Recommended:
