Yambaling Hydropower Closing IPO to Locals from Today
April 6, 2026 | Investopaper
Yambaling Hydropower Limited is currently issuing shares to the general public (IPO).
In the first phase of the IPO, the company is selling the shares to the locals of the project affected areas and to the Nepalis in foreign employment from Chaitra 8, 2082 BS.
The company is floating 7,00,000 shares to the locals of the project affected areas of the Sindupalchowk district. Due to full-subscription, the IPO to locals of project affected areas will close on Chaitra 23, 2082 BS.
Interested eligible locals can subscribe for a minimum of 10 shares and a maximum of 7,000 shares.
Earlier, the company had issued 2,10,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Chaitra 8, 2082 BS. The IPO to foreign employed Nepalis was closed on Chaitra 11, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 21,000 shares.
For this purpose, Securities Board Of Nepal (SEBON) has given the permission to the company on Falgun 17, 2082 BS.
The company has submitted the application to the board on Ashwin 10, 2080 BS. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
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.
In total (including the first ans second phase), the company will sell 28,00,000 shares in the initial public offering (IPO). At a par value of Rs. 100, the public issue amounts to Rs. 28 crores.
The company has appointed Muktinath Capital Limited as the issue and sales manager for the IPO. An agreement has been reached between the company and Muktinath Capital on this regard.
After the IPO (if fully subscribed), the general public will possess 40 percent ownership in the company while the promoters will hold the remaining 60 percent.
About Yambaling Hydropower Limited
Yambaling Hydropower Limited was established on November 21, 2007 as a private limited company. Later, on August 21, 2021, the company transformed into a public company in order to issue the shares to the public.
The company is currently developing Yambaling Khola hydropower project in Sindhupalchowk district. The project is a run-off-river (ROR) type project with an installed capacity of 7.27 MW.
The major promoters of the company include:
Money Plant Investment Private Limited (40%),
Susan Karmacharya (11%),
Lhayul Lama (4%),
Kosh Raj Onta (3%),
Raj Devi Rajbhandari (3%),
Shova Devi Karmachaya (3%)
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