Jhapa Energy to Issue IPO to General Public from Bhadra 20

September 4, 2025 | Investopaper

Jhapa Energy Limited is going to issue the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public will open from Bhadra 20, 2082 BS.

The company is selling 4,73,336 shares at Rs. 100 per share to the general public.

Interested investors can apply for a minimum of 10 shares and a maximum of 5,000 shares.

The public offering will close on Bhadra 24, 2082 BS.

The company has allotted 28,514 shares to the mutual fund schemes and 11,406 shares to the employees of the company.

In total (including the first and second phase of the IPO), the hydropower company will float 9,50,475 shares in the initial public offering (IPO). At a par value of Rs. 100, the public issue amounts to Rs. 9.50 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 Shrawan 14, 2082 BS.

The company had floated 3,80,190 shares to the locals of the project affected areas of the Jhapa district.

Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 5,000 shares.

Similarly, the company had issued 57,029 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Shrawan 14, 2082 BS. Due to full-subscription of shares, the IPO to foreign employed Nepalis was closed on Shrawan 18, 2082 BS.

Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 5,000 shares.

For this purpose, Securities Board of Nepal (SEBON) has given permission to the company on Ashad 31, 2082 BS.

The company had appointed Himalayan Capital Limited as the issue and sales manager for the IPO. An agreement has been reached between the company and Himalayan Capital on this regard.

After the IPO (if fully subscribed), the general public (along with locals) will possess 25 percent share in the company while the promoters will hold the remaining 75 percent shares.