Sanigad Hydro Limited IPO Allotment Concludes: Lucky 4,67,400 Applicants Allotted 10 Units Each via Lottery System
Mon, Jun 15, 2026 11:39 AM on IPO/FPO News, IPO/FPO Result News, Latest,
Sanigad Hydro Limited's IPO allotment was concluded today at the premises of the issue manager, LS Capital Limited, New Baneshwor, Kathmandu.
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The company had issued 46,74,000 units as an Initial Public Offering (IPO) to the general public from 18th Jestha, 2083, to 21st Jestha, 2083.
The company's issued capital is Rs. 2.85 Arba. Of this, 30%, i.e., 85,50,000 unit shares, were issued to the public. Out of the total issue capital, 10%, amounting to 28,50,000 unit shares worth Rs. 28.50 Crores, were allocated to project-affected locals in Bajhang District. The remaining 20% of the issued capital, i.e., 57,00,000 unit shares, were for the general public. Of this general public issue, 10% of 57,00,000, a total of 5,70,000 unit shares, were allotted to Nepalese citizens working abroad.
Of the general public issue, 3%, i.e., 1,71,000 units, have been set aside for the company's employees, and 5% of the total offered shares, i.e., 2,85,000 units, have been reserved for mutual funds. The remaining 46,74,000 units were issued to the general public, and the allotment concluded today.
The issue received a total of 27,27,515 valid applications for 2,97,50,210 units. Meanwhile, 27,729 applications for 3,34,920 units were disqualified.
As per the allotment results, 4,67,400 applicants were allotted 10 units each through a lottery system.
Allotment Module:
The IPO result can be accessed by CDSC IPO Result, MeroShare, and LS Capital Limited.
ICRA Nepal has upgraded the issuer rating of Sanigad Hydro Limited (SHL or the company) to [ICRANP-IR] BB- (pronounced ICRA NP issuer rating double B Minus) from [ICRANP-IR] B+ (pronounced ICRA NP issuer rating B Plus). Issuers with this rating are considered to have a moderate risk of default regarding the timely servicing of financial obligations.
Sanigad Hydro Limited (SGHL) was incorporated in December 2007 as a private limited company and later converted into a public limited company on July 14, 2021. The company commissioned its 38.46 MW Upper Kalanga Gad hydro-electric project in Bajhang district, Sudurpaschim Province of Nepal.
