Yambaling Hydropower has launched its IPO, offering shares to Sindhupalchowk locals and Nepalis working abroad as part of its public issuance plan.
Yambaling Hydropower has launched its IPO, offering shares to Sindhupalchowk locals and Nepalis working abroad as part of its public issuance plan.
Yambaling Hydropower Project Limited has initiated its initial public offering (IPO) from Chaitra 8, targeting project-affected locals in Sindhupalchowk District and Nepalese citizens employed abroad, as the company advances its broader capital market participation strategy.
The company is issuing a total of 7,00,000 ordinary shares to locals of the affected district, alongside 2,10,000 shares earmarked for foreign-employed Nepalis. The offering forms part of the company’s plan to distribute 40% of its issued capital-equivalent to 28,00,000 shares—to the public.
The subscription window for Sindhupalchowk residents will remain open through Chaitra 22, with a potential extension until Baishakh 7, 2083, if demand falls short. Meanwhile, the allocation for Nepalis working abroad is scheduled to close on Chaitra 11, with a possible extension until Chaitra 22 in the event of undersubscription.
Yambaling Hydropower’s total issued capital stands at NPR 70 crore. Of the public issuance portion, 10% has been allocated to project-affected locals, while the remaining 30%-amounting to 21,00,000 shares—will be offered to the general public in subsequent phases. Notably, 10% of this general public allocation has been reserved specifically for Nepalese working overseas.
Investors from the affected local population can apply for a minimum of 10 shares and up to 7,000 shares. For foreign-employed Nepalis, the application range has been set between 10 and 21,000 shares.
The IPO is being managed by Muktinath Capital Limited. In terms of creditworthiness, CARE Ratings Nepal has reaffirmed the company’s issuer rating at CARE-NP BB- (Is), indicating a moderate risk in meeting financial obligations on time.
Established in 2007 and converted into a public entity in 2021, Yambaling Hydropower operates the 7.27 MW run-of-river Yambaling Khola Hydropower Project in Sindhupalchowk. The project commenced commercial operations on February 20, 2024, under a BOOT (Build, Own, Operate, Transfer) model, marking its transition into revenue-generating operations.Yambaling Hydropower Project Limited has initiated its initial public offering (IPO) from Chaitra 8, targeting project-affected locals in Sindhupalchowk District and Nepalese citizens employed abroad, as the company advances its broader capital market participation strategy.
The company is issuing a total of 7,00,000 ordinary shares to locals of the affected district, alongside 2,10,000 shares earmarked for foreign-employed Nepalis. The offering forms part of the company’s plan to distribute 40% of its issued capital equivalent to 28,00,000 shares—to the public.
The subscription window for Sindhupalchowk residents will remain open through Chaitra 22, with a potential extension until Baishakh 7, 2083, if demand falls short. Meanwhile, the allocation for Nepalis working abroad is scheduled to close on Chaitra 11, with a possible extension until Chaitra 22 in the event of undersubscription.
Yambaling Hydropower’s total issued capital stands at NPR 70 crore. Of the public issuance portion, 10% has been allocated to project-affected locals, while the remaining 30%-amounting to 21,00,000 shares—will be offered to the general public in subsequent phases. Notably, 10% of this general public allocation has been reserved specifically for Nepalese working overseas.
Investors from the affected local population can apply for a minimum of 10 shares and up to 7,000 shares. For foreign-employed Nepalis, the application range has been set between 10 and 21,000 shares.
The IPO is being managed by Muktinath Capital Limited. In terms of creditworthiness, CARE Ratings Nepal has reaffirmed the company’s issuer rating at CARE-NP BB- (Is), indicating a moderate risk in meeting financial obligations on time.
Established in 2007 and converted into a public entity in 2021, Yambaling Hydropower operates the 7.27 MW run-of-river Yambaling Khola Hydropower Project in Sindhupalchowk. The project commenced commercial operations on February 20, 2024, under a BOOT (Build, Own, Operate, Transfer) model, marking its transition into revenue-generating operations.