Ingwa Hydropower Lock-In Period Ending: Over 4.5 Million Shares Set to Enter the Market

Kathmandu. Ingwa Hydropower Limited has published an urgent notice regarding the expiration of the lock-in period for shares held by its promoters, project-affected local residents, and employees. According to the notice, the lock-in period will end on Baisakh 26, 2083 (corresponding to May 9, 2026), after which these shares will be eligible for trading in the secondary market.As per the directives of the Securities Board of Nepal, certain categories of shares are subject to a lock-in period during which they cannot be sold. With the completion of this period, previously restricted shares will now be released into the market, potentially impacting supply dynamics.The company stated that 4.2 million promoter shares, 306,840 shares held by local residents, and 29,863 employee shares were under lock-in. In total, more than 4.5 million shares are expected to enter the market at once, which could create selling pressure in the secondary market.Historically, the expiration of lock-in periods in hydropower companies in Nepal has often led to short-term price pressure due to a sudden increase in supply. Market analysts suggest that investors should exercise caution, as increased availability of shares may affect price stability. However, for long-term investors, such situations may also present buying opportunities at relatively lower prices.The company has clarified that shares held by directors and top-level management will remain restricted as per regulatory provisions, preventing immediate large-scale selling from insiders.Overall, the end of the lock-in period for Ingwa Hydropower is expected to be a significant market event, with potential short-term volatility. Investors are advised to closely monitor market behavior and make informed decisions based on evolving supply-demand conditions.