SEBON Adds Another IPO Shares of Two Hydropower Companies to It's Pipeline
Fri, Jun 5, 2026 1:47 PM on IPO/FPO News, Latest,
The IPO proposal of Raghuganga Hydropower Limited (RGHL) has been added to SEBON's pipeline.
Raghuganga Hydropower Limited has submitted a proposal to issue 1.5 Crores shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 1.5 arba for the company.
NIC Asia Capital Limited has been appointed the issue manager for this issue.
It is only after the approval from the regulatory board SEBON, the company can float the shares to the local and the general public.
CARE Ratings Nepal Limited (CRNL) has assigned the issuer rating of ‘CARE-NP BBB- (Is)’ to Raghuganga Hydropower Limited (RGHL). Issuers with this rating are considered to offer moderate degree of safety regarding timely servicing of financial obligations, in Nepal. Such issuers carry moderate credit risk.
Raghuganga Hydropower Company Limited (RGHL) is a public limited company established on March 7, 2017, to develop the 40 MW Rahughat PROR Hydropower Project (RGHEP) in Myagdi District, Gandaki Province, Nepal. The company is promoted by the Nepal Electricity Authority (NEA), which is both the sole shareholder and lender of the project.
The IPO proposal of Super Hewa Power Company Limited (SHEPCL) has been added to SEBON's pipeline.
Super Hewa Power Company has submitted a proposal to issue 19.25 lakhs shares at a par value of Rs. 100 per share. This IPO issue will generate Rs. 19.25 crore for the company.
Laxmi Sunrise Capital Limited has been appointed the issue manager for this issue.
It is only after the approval from the regulatory board SEBON, the company can float the shares to the local and the general public.
CARE Ratings Nepal Limited (CRNL) has revised the issuer rating assigned to Super Hewa Power Company Limited (SHEPCL) to ‘CARE-NP BB (Is)’ from ‘CARE-NP BB- (Is)’. Issuers with this rating are considered to offer moderate risk of default regarding timely servicing of financial obligations, in Nepal.
Super Hewa Power Company Limited (SHEPCL) is a public limited company, incorporated on November 23, 2010, as private limited company and converted into public limited company on July 14, 2022. It is promoted by an institutional promoter and several individual promoters with different industry backgrounds. The company is involved in the operations of a 6MW run-of-the-river Super Hewa Small Hydropower Project (SHSHP) at Sankhuwasabha District which has been in operations since April 14, 2025.
