Taksar Pikhuwa Khola Hydropower Limited Closing 3,03,067 Units IPO Shares to Foreign Nepalese Immigrants From Today
Sun, Mar 15, 2026 8:59 AM on Latest, IPO/FPO News,
Taksar Pikhuwa Khola Hydropower Limited is closing the IPO issue for foreign Nepalese Immigrants today, i.e., 1st Chaitra, 2082. The issue was opened on the 12th Falgun, 2082.
The company's issued capital is Rs. 1.20 arba. Of this, 35.26%, i.e., 42,30,668 unit shares, will be issued to the public. Out of the total issue capital, 10%, which amounts to 12,00,000 unit shares worth Rs. 12 Crores, will be allocated to project-affected locals of Bhojpur district. The remaining 25.26% of the issued capital, i.e., 30,30,668 unit shares, will be offered to the general public.
Of this general public issue, 10%, a total of 3,03,067 unit shares, have been set aside for Nepalese citizens working abroad, and the issue for this category will close from today.
Of the general public issue, 2%, i.e., 60,613 units, have been set aside for the company's employees, and 5% of the total offered shares, i.e., 1,51,533 units, have been reserved for mutual funds. The remaining 25,15,455 units will be issued for the general public later.
For project-affected locals, the minimum application quantity is 10 units, and the maximum is 50,000 units. For Nepalese citizens working abroad, the minimum application quantity is 10 units, and the maximum is 50,000 units.
According to CDSC, 73,901 applicants have applied for a total of 10,88,830 units. Thus, the issue has already been oversubscribed 3.59 times.
Prabhu Capital Limited has been appointed the issue manager for the public offering.
CARE Ratings Nepal Limited (CRNL) has reaffirmed the issuer rating of `CARE-NP BB+ (Is)’ assigned to Taksar Pikhuwa Khola Hydropower Limited (TPKH). Issuers with this rating are considered to offer a moderate risk of default regarding the timely servicing of financial obligations in Nepal.
Taksar Pikhuwa Khola Hydro Power Limited (TPKH) is a public company, incorporated on April 23, 2014, as a private company, which was converted into a public limited company on September 29, 2021. It is promoted by individual promoters from different backgrounds for setting up of an 8 MW run- of-river, Taksar Pikhuwa Khola Hydropower Project (TPKHP) in Bhojpur district of Nepal.
