IPO Allotment of Super Khudi Hydropower Concluded [IPO Result !!!]
March 1, 2026 | Investopaper
IPO Allotment Of Super Khudi Hydropower Limited
Global IME Capital Limited, the issue manager for the initial public offering (IPO) of Super Khudi Hydropower Limited, has concluded the IPO allotment process on Sunday.
After the allotment, 1,28,650 applicants have received 10 shares each through lottery.
A total of 25,80,470 valid applicants had subscribed for the shares. With the allotment, more than 24.52 lakh applicants were left empty-handed.
To view the IPO result of Super Khudi Hydropower Limited, click the link below:
IPO Result Of Super Khudi Hydropower Limited
Second Phase: IPO To General Public
After the first phase, Super Khudi 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 Falgun 5, 2082 BS.
The company had sold 12,86,500 shares at Rs. 100 per share to the general public.
Interested investors could apply for a minimum of 10 shares and a maximum of 100,000 shares.
The public offering was closed on Falgun 11, 2082 BS.
The company has allotted 77,500 shares to the mutual fund schemes and has reserved 31,000 shares to the employees of the company.
In total (including the first and second phase), the company had dold 31 lakh unit shares at the par value of Rs. 100 in the public offering. Hence, the public issue amounts to Rs. 31 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 Poush 22, 2082 BS.
The company had floated 15,50,000 shares to the locals of the project affected areas of the Lamjung district. Due to full subscription, the IPO to locals of project affected areas was closed on Magh 6, 2082 BS. Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 100,000 shares.
Similarly, the company had also issued 155,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Poush 22, 2082 BS. The IPO to foreign employed Nepalis was closed on Poush 25, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 100,000 shares.
Securities Board Of Nepal (SEBON) gave the permission to the company on Poush 6, 2082 BS for the IPO. The company had submitted the application to the board on Ashad 31, 2082 BS. Only after the regulatory body SEBON’s permission, the company can sell the shares to the public.
Global IME Capital Limited is the issue and sales manager for the IPO. The agreement for public offering was signed between the company and Global IME Capital Limited on this regard. Mr. Rabi Kumar Gautam, on behalf of Super Khudi Hydropower and Mandip Luitel, CEO of Global IME Capital inked the agreement.
After the IPO (if fully subscribed), the public will possess 20 percent share in the company while the promoters will hold the remaining 80 percent share.
About Super Khudi Hydropower Limited
Super Khudi Hydropower Limited was incorporated on December 17, 2008 as a private limited company. Later it was converted into public company to issue shares to the public.
The company is currently developing a 26 MW Upper Khudi Hydropower Project in Lamjung district. The project is a run of the river type project with an estimated cost of Rs. 5.38 Arba.
The construction license was received from Department of Electricity Development on Jestha 9, 2075 BS for 35 years.
Recommended:
