Super Khudi Hydropower to Open IPO for General Public from Falgun 4

Super Khudi Hydropower Limited has announced that it will issue its Initial Public Offering (IPO) to the general public starting from Falgun 4. The company is moving to the public phase after successfully completing share allocation for project-affected locals, Nepalis working abroad, and mutual funds.

Earlier, the company had received approval from the Nepal Securities Board to issue 20 percent of its issued capital through an IPO. This amounts to 3.1 million shares worth NPR 310 million, based on its issued capital of NPR 1.55 billion.

Out of the approved shares, 1.55 million units were allocated to local residents of the project-affected area, 155,000 units to Nepalis working overseas, and 77,500 units to mutual funds. These shares have already been distributed in the earlier phases.

In the second phase, the company has reserved 31,000 shares for its employees. The remaining 1,286,500 shares, worth NPR 128.65 million at a face value of NPR 100 per share, will now be offered to the general public.

Investors can apply for a minimum of 10 shares and a maximum of 100,000 shares. The application deadline has been set for Falgun 10. If all shares are not subscribed within this period, the closing date will be extended until Falgun 19, according to the company.

The company has received an issuer rating of CARE-NP BB from CARE Ratings Nepal, indicating a moderate level of risk in meeting its financial obligations. Market analysts say that this rating reflects both the company’s growth potential and existing operational challenges.

The issue and sales manager for the IPO is Global IME Capital Limited. Interested investors can apply through banks and financial institutions authorized by SEBON using the C-ASBA system.

Experts believe that hydropower companies continue to attract strong interest from Nepali investors due to the country’s long-term energy demand and growing electricity exports. As a result, Super Khudi Hydropower’s IPO is also expected to receive considerable attention from retail investors.

However, analysts advise investors to carefully review the company’s financial condition, project performance, and credit rating before making investment decisions. They stress that while hydropower remains a promising sector, returns depend on operational efficiency and stable policy support.

The company has stated that funds raised through the IPO will be used to strengthen its financial structure and improve project operations. Management remains optimistic that improved performance will help deliver sustainable returns to shareholders in the long run.