Jalshakti Hydro to Issue 1 Crore Units IPO for 23.675 MW Project

Jalshakti Hydro Company Limited is developing a 23.675 MW hydropower project in Dhading and plans to issue 1 crore units of shares at Rs. 100 per share, totaling Rs. 1 Arba. The shares will be offered to residents of the project-affected area, Nepali workers abroad, company employees, mutual funds, and the general public.

The company’s capital structure will include 60% promoter shares and 40% public shares, with a total issued capital of Rs. 2.5 Arba. Sanima Capital Limited has been appointed as the issue and sales manager, with the agreement signed between CEO Bikas Khanal and Chairman Dr. Bhogendra Kumar Guragain.