Taksar Pikhuwa Khola Hydropower Limited is set to launch its Initial Public Offering (IPO) for the general public starting from Baishakh 23, 2083. The company will issue 25,15,455 units of shares at a par value of Rs. 100 per share.

The early closing date for the IPO is Baishakh 28, 2083. However, if the issue remains undersubscribed, the deadline will be extended until Jestha 6, 2083.

The company has an issued capital of Rs. 1.20 Arba, out of which 35.26% (42,30,668 shares) is allocated for the public. Previously, 10% (12,00,000 shares) were already distributed to project-affected locals of Bhojpur district.

The remaining 30,30,668 shares are designated for the general public. Among these:

10% (3,03,067 shares) were allocated to Nepali citizens working abroad
2% (60,613 shares) are reserved for employees
5% (1,51,533 shares) are set aside for mutual funds

The remaining 25,15,455 shares will now be open for public subscription.

Muktinath Capital Limited has been appointed as the issue manager. Investors can apply for a minimum of 10 units and a maximum of 50,000 units.

According to CARE Ratings Nepal Limited, the company holds a rating of CARE-NP BB+ (Is), indicating a moderate risk in meeting financial obligations.

Established in 2014 and converted into a public company in 2021, the company is developing an 8 MW run-of-river hydropower project in Bhojpur district.