Kathmandu — Mount Everest Power Development Limited has opened its Initial Public Offering (IPO) from Baisakh 17 (April 30, 2026), targeting project-affected locals and Nepalis working abroad.
The company plans to issue 2.58 million shares worth Rs 258 million, which is 30% of its issued capital. Out of this, 860,000 shares are allocated to local residents of the project-affected areas in Solukhumbu, while 172,000 shares are reserved for Nepalis employed overseas.
Investors can apply for a minimum of 10 shares and a maximum of 10,000 shares. The issue will close by Baisakh 31 (earliest) for locals and may extend to Jestha 18, while for migrant workers, it will close between Baisakh 23 and Baisakh 31.
The IPO has received a CARE-NP BB+ rating, indicating moderate risk. The company operates a 12 MW Dudhkunda Khola Hydropower Project.
Applications can be submitted through ASBA-approved banks and the Mero Share online system.
Published by NIMB Ace Capital on 2083-1-17
