Singati Hydro Energy to Issue 1:1 Right Share | Appoints Muktinath Capital as Issue Manager
January 9, 2026 | Investopaper
Singati Hydro Energy Limited (SHEL) is planning to sell right shares to the shareholders.
The company has decided to issue right shares in the ratio 1:1. This means that shareholders’ with 100 shares can apply for the additional 100 right shares.
For this purpose, the company has appointed Muktinath Capital Limited as the issue and sales manager. An agreement has been reached between the company and Muktinath Capital on this regard.
As of Ashad’s end 2082 BS, Singati Hydro Energy Limited has a paid-up capital of Rs. 290 crores. After the proposed 5 percent bonus share, the capital will increase to Rs. 304.5 crores. Hence, SHEL has plans to float 3,04,50,000 shares in the right offering. At a par value of Rs 100, the right issue amounts to Rs 304.50 crores.
Now, the hydro company should submit the application to the Securities Board Of Nepal (SEBON) seeking permission to float the shares. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
After the right issue, the paid-up capital will reach Rs. 609 crores.
The hydropower company is currently operating a 25 MW Singati Khola Hydropower Project in Dolakha district.
Singati Hydro Energy is planning to invest Rs. 1 Arba in 61.11 MW Nar khola HEP and Rs. 1 Arba in 86.59 MW Landhruk Modi HEP and the remaining amount to pay the debts from the amount collected from the right offering.
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