Kalanga Hydro Limited Closing IPO to General Public from Today
May 27, 2026 | Investopaper
After the first phase, Kalanga Hydro Limited is currently selling the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public is open from Jestha 8, 2083 BS.
The company is selling 28,70,000 shares at Rs. 100 per share to the general public.
Interested investors can apply for a minimum of 10 shares and a maximum of 20,000 shares.
The public offering will close on Jestha 13, 2083 BS.
The company has allotted 1,75,000 shares to the mutual fund schemes and has reserved 1,05,000 shares to the employees of the company.
In total (including the first ans second phase), 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.
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 10, 2082 BS.
The company had floated 14,00,000 shares to the locals of the project affected areas. The IPO to locals of project affected areas will close on Chaitra 24, 2082 BS.
Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 20,000 shares.
Earlier, the company had issued 3,50,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Chaitra 10, 2082 BS. The IPO to foreign employed Nepalis was closed on Chaitra 15, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 20,000 shares.
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.
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 19.99% share),
—Shiva Shankar Investment Pvt. Ltd. (about 23.29%),
—Barun Investment Pvt. Ltd. (about 11.13%),
—Kalangagad Urja Bikash Investment Pvt. Ltd. (about 5.38%),
—Jaya Ganesh Investment Pvt. Ltd. (about 10%),
—Shubha Laxmi Hydro Investment Pvt. Ltd. (about 2.75%)
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