Jhapa Energy Gets SEBON Approval to Launch IPO Worth Rs 95 Million
SEBON has approved Jhapa Energy to issue 950,475 IPO shares, representing 25% of its paid-up capital, for locals and the general public.
Kathmandu, July 16, 2025 — Jhapa Energy Limited has received regulatory approval from the Securities Board of Nepal (SEBON) to launch its initial public offering (IPO). The approval, granted on Asar 31, allows the company to issue 950,475 ordinary shares at a par value of Rs 100 per unit, totaling Rs 95.05 million.
The IPO represents 25% of the company’s issued capital, and shares will be allocated to both project-affected local residents and the general public. This dual-tranche approach aligns with Nepal’s public participation policy in energy infrastructure.
Himalayan Capital Limited has been appointed as the issue and sales manager.
The offering is part of Jhapa Energy’s strategy to raise capital for ongoing and future energy projects, while broadening local ownership and stakeholder engagement.
More details about the IPO opening and closing dates will be announced following the publication of the company’s official prospectus.