Kalinchowk Hydropower Closing IPO to General Public from Today
April 8, 2026 | Investopaper
After the first phase, Kalinchowk Hydropower 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 Chaitra 22, 2082 BS.
The company is selling 6,84,750 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 Chaitra 25, 2082 BS.
The company has allotted 41,250 shares to the mutual fund schemes and has reserved 16,500 shares to the employees of the company.
In total (including the first and second phase), the hydropower will float 13,75,000 shares in the public offering. At a par value of Rs. 100, the public issue amounts to Rs. 13.75 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 from Falgun 13, 2082 BS.
The company had floated 5,50,000 shares to the locals of the project affected areas of the Dolakha district. Due to full-subscription of shares, the IPO to locals of project affected areas was closed on Chaitra 1, 2082 BS.
Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 10,000 shares.
Earlier, the company had issued 82,500 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Falgun 13, 2082 BS. The IPO to foreign employed Nepalis was closed on Falgun 17, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 4,000 shares.
Securities Board of Nepal (SEBON) has already given the approval to the company for the public issuance. The company had submitted the application to the board on Magh 22, 2080 BS. Only after receiving the approval from the regulatory body, the company can float the shares to the public.
RBB Merchant Banking Limited is the issue and sales manager for the IPO.
About Kalinchowk Hydropower Limited
Kalinchowk Hydropower Limited, established on April 08, 2016 as private limited company, was converted into the public company on June 15, 2022. The company is currently constructing a 5 MW Sangu (Sorun) Khola Hydroelectric Project. The project is a run-of-river type project located at Dolakha District of Nepal.
The major promoters include:
—Ms. Indira Panta (13 percent share),
—Mr. Ram Chandra Upreti (11 percent share),
—Ms. Devika Dahal (5 percent share) and
—Ms. Bhawani Pokharel (5 percent share).
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