Suryakund Hydro Electric Limited IPO Closes Today for Public Subscription

Today (February 4, 2026) is the last day to apply for the Initial Public Offering (IPO) of Suryakund Hydro Electric Limited. The company had opened its IPO for the general public from January 31, 2026, after completing share allocation for project-affected locals and Nepali workers abroad.

The company received approval to issue 20 percent of its paid-up capital, equivalent to 1,379,350 shares. Shares allocated for local residents and foreign-employed Nepalis have already been distributed. After reserving shares for employees and mutual funds, the company has issued 572,431 shares to the general public at a face value of NPR 100 per share.

Investors can apply for a minimum of 10 shares and a maximum of 50,000 shares. CARE Ratings Nepal has assigned the company a “CARE-NP BB Minus” issuer rating, indicating a moderate level of financial risk.

The company operates an 11 MW Upper Tadi Khola Hydropower Project with a total cost exceeding NPR 2.36 billion. The project has a remaining license period of 26 years. The simple payback period is estimated at 7.71 years, while the discounted payback period is around 16 years.

The IPO issue and sales manager is Kumari Capital Limited. Investors can apply through C-ASBA member banks and financial institutions approved by the Securities Board of Nepal. Applications can also be submitted online through the “Mero Share” system developed by CDS and Clearing Limited.