Super Khudi Hydropower Limited Issuing IPO Shares to Locals of Lamjung District And Nepalese Employed Abroad From Poush 22

Sun, Dec 28, 2025 12:13 PM on Latest, IPO/FPO News,

Super Khudi Hydropower Limited has published an offer letter to issue an Initial Public Offering (IPO) to the project-affected locals of Lamjung District and Nepalese citizens working abroad.

The IPO issue for the locals of Lamjung District will open from 22nd Poush to 6th Magh, 2082, with a possible extension till Magh 21 if not fully subscribed by the early closing date, while for Nepalese citizens working abroad, the issue will open from 22nd Poush to 25th Poush, 2082, and may be extended till Magh 06 if undersubscribed.

The issued capital of the company is Rs. 1.55 Arba. Of this, 20%, i.e., 31,00,000 unit shares, will be issued to the public. Out of the total issue capital, 10%, which amounts to 15,50,000 unit shares worth Rs. 15.50 Crores, will be allocated to project-affected locals of Lamjung districts. The remaining 10% of the issued capital, i.e., 15,50,000 unit shares, will be offered to the general public at a later date.

Of this general public issue, 10% of 15,50,000, a total of 1,55,000 unit shares, have been set aside for Nepalese citizens working abroad, and the issue for this category will open on the date mentioned above.

For the project-affected locals and Nepalese citizens working abroad, the minimum application quantity to be applied is 10 units, while the maximum quantity is 1,00,000 units.

Global IME Capital Limited has been appointed as the issue manager.

CARE Ratings Nepal Limited (CRNL) has reaffirmed the issuer rating of `CARE-NP BB (Is)’ assigned to Super Khudi Hydropower Limited (SKHL). Issuers with this rating are considered to offer moderate risk of default regarding timely servicing of financial obligations, in Nepal.CRNL has also reaffirmed the rating of ‘CARE-NP BB’ assigned to the long-term bank facilities. Also, CRNL has assigned the rating of ‘CARE-NP A4’ to the short-term bank facilities of SKHL.

Super Khudi Hydropower Limited (SKHL) is a public limited company incorporated on December 17, 2008 for setting up a26 MW (amended from 21.21 MW) run-of-river Upper Khudi Hydropower Project (UKHP) in Marshyangdi Rural Municipality of Lamjung District. The project is constructed under BOOT model (Build, Own, Operate and Transfer).

Offer Letter: