Beni Hydropower Issuing IPO to General Public from Today
September 7, 2026 | Investopaper
After the first phase, Beni Hydropower Project Limited is currently issuing the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public is open from Bhadra 22, 2083 BS.
The company is selling 8,63,200 shares at Rs. 100 per share to the general public.
Interested investors can apply for a minimum of 10 shares and a maximum of 10,000 shares.
The public offering will close on Bhadra 26, 2083 BS.
The company has allotted 52,000 shares to the mutual fund schemes and has reserved 20,800 shares to the employees of the company.
In total (including the first phase and second phase), the company will sell 20,80,000 shares in the initial public offering (IPO). At a par value of Rs. 100, the public issue amounts to Rs. 20.80 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 Chaitra 1, 2082 BS.
The company had floated 10,40,000 shares to the locals of the project affected areas of the Solukhumbu district. The IPO to locals of project affected areas was closed on Chaitra 15, 2082 BS.
Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 10,000 shares.
The company had also issued 1,04,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Chaitra 1, 2082 BS. The IPO to foreign employed Nepalis was closed on Chaitra 5, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 10,000 shares.
For this purpose, Securities Board Of Nepal (SEBON) has given the permission to the company on Magh 29, 2082 BS.
The company had submitted the application to the board on Ashwin 5, 2080 BS. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
The company has appointed NMB Capital Limited as the issue and sales manager for the IPO. An agreement has been reached between the company and NMB Capital on this regard.
After the IPO (if fully subscribed), the general public along with locals will possess 20 percent shares in the company while the promoters will hold the remaining 80 percent shares.
About Beni Hydropower Project Limited
Beni Hydropower Project Limited is currently developing Upper Solu Khola Hydropower Project in Solukhumbhu district. The project is a run-off-river (ROR) type project with an installed capacity of 18 MW.
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