Kalanga Hydro Limited to Float IPO | SEBON Gives Permission
March 11, 2026 | Investopaper
Kalanga Hydro Limited is in the process of issuing shares to the general public (IPO). For this purpose, Securities Board of Nepal (SEBON) has given the approval to the company on Falgun 26, 2082 BS. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
Now, after the SEBON’s approval, the company plans to sell 49 lakh shares at Rs. 100 in the public offering (IPO). Hence, the public issue amounts to Rs. 49 crores.
In the first phase, the company will issue shares to the locals of the project affected areas and foreign employed Nepalese. Likewise, in the second phase, the hydropower will float shares to the general public, including the employees of the company and the mutual fund schemes.
Sanima Capital Limited is the issue and sales manager for the IPO.
About Kalanga Hydro Limited
Kalanga Hydro Limited, incorporated in December 2007 as a private limited company, was transformed into a public company on July 15, 2021 to sell the shares to the general public.
The company is currently operating Kalanga Gad Hydroelectric Project in the Bajhang district of Sudurpaschim Province, Nepal. The project is a Run-of-river(ROR) type project with an installed capacity of 15.33-MW.
The major promoters of the company include:
—Jalanjali Investment Pvt. Ltd. (holding about 34% stake),
—Shiva Shankar Investment Pvt. Ltd. (about 18%),
—Barun Investment Pvt. Ltd. (about 13%),
—Kalanga Urja Bikash Investment Pvt. Ltd. (about 9%),
—Jaya Ganesh Investment Pvt. Ltd. (about 10%),
—Shubha Laxmi Hydro Investment Pvt. Ltd. (about 4%)
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