Vision Energy & Power to Sell 83 Lakh Shares In IPO
July 21, 2025 | Investopaper
Vision Energy & Power Limited is in the process of issuing shares to the general public (IPO). For this purpose, the company has submitted the application to the Securities Board Of Nepal (SEBON) on Ashad 30, 2082 BS. Only after the regulatory body SEBON’s permission, the company can sell the shares to the public.
If approved by SEBON, the company has plans to sell 83 lakh shares that amounts to Rs. 83 crores in the public offering (IPO).
The company has appointed NIBL Ace Capital Limited as the issue and sales manager. The agreement was signed by Mr. Sachindra Dhungana, Deputy General Manager of NIBL Ace Capital and Mr. Tek Nath Acharya, Executive Chairman of Vision Energy & Power Limited.
In the first phase, the company will sell shares to the locals of the project affected areas. 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.
About Vision Energy & Power Limited
Vision Energy & Power Limited was incorporated on July 17, 2016 as a private limited company. Later, it was transformed into a public company to ensure public participation in the company.
The company is currently developing Nupche Likhu Hydropower Project in Umakunda Rural Municipality of Ramechhap District district. The project is a run-off-river type project with an installed capacity of 57.5 MW.
The estimated cost of the project is Rs. 10.98 billion which will be funded through debt-equity ratio of 72:28.
At present, the major promoters of the company include:
— Hydroelectricity Investment and Development Company Limited (about 19% share),
— Avasar Equity Diversified Fund (about 12% share),
— Nupche Likhu Hydro Investment Company (about 8% share),
— National Management Equity Fund-1 (about 6% share)
— Jaya Ganesh Investment Pvt. Ltd. ( about 1% share).
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Which wad of umakunda divided into local shares and by what date will the ipo come.??