Yambaling Hydropower Limited is closing the IPO issue for foreign Nepalese Immigrants today, i.e., 25th March, 2026. The issue was opened on the 22nd March, 2026.
The issued capital of the company is Rs. 70 Crores. Of this, 40%, i.e., 28,00,000 unit shares, will be issued to the public. Out of the total issue capital, 10%, amounting to 7,00,000 unit shares worth Rs. 7 Crores, will be allocated to project-affected locals in Sindhupalchok District. The remaining 30% of the issued capital, i.e., 21,00,000 unit shares, will be offered to the general public.
Of this general public issue, 10% of 21,00,000, a total of 2,10,000 unit shares, have been set aside for Nepalese citizens working abroad, and the issue will close from today.
For the project-affected locals, the minimum application quantity to be applied is 10 units, while the maximum quantity is 7,000 units. For Nepalese citizens working abroad, the minimum application quantity is 10 units, and the maximum is 21,000 units.
According to CDSC, 82,110 applicants have applied for a total of 11,24,940 units. Thus, the issue has already been oversubscribed 5.35 times.
Muktinath Capital Limited has been appointed the issue manager for the public offering.
CARE Ratings Nepal Limited (CRNL) has reaffirmed the issuer rating of CARE-NP BB- (Is) for Yambaling Hydropower Limited (YHL). In Nepal, issuers with this rating are considered to carry a moderate risk of default in meeting their financial obligations on time.
Yambaling Hydropower Limited (YHL), established in 2007 and converted to a public company in 2021, operates the 7.27 MW run-of-river Yambaling Khola Hydropower Project in Sindhupalchowk, Nepal, which began commercial operations on February 20, 2024, under a BOOT (Build, Own, Operate, Transfer) arrangement.
Sharesansar
