Yambaling Hydropower Project Limited Issuing IPO Shares to Locals of Sindhupalchowk District And Nepalese Employed Abroad From Chaitra 08
Thu, Mar 12, 2026 10:32 AM on IPO/FPO News, Latest,
Yambaling Hydropower Limited has published an offer letter to issue an Initial Public Offering (IPO) to the project-affected locals of Sindhupalchowk District and Nepalese citizens working abroad.
The IPO issue for the locals of Sindhupalchowk District will open from 8th Chaitra to 22nd Chaitra, 2082, with a possible extension till Baishakh 07, 2083, if not fully subscribed by the early closing date, while for Nepalese citizens working abroad, the issue will open from 8th Chaitra to 11th Chaitra, 2082, and may be extended till Chaitra 22 if undersubscribed.
The issued capital of the company is Rs. 70 Crores. Of this, 40%, i.e., 28,00,000 unit shares, will be issued to the public. Out of the total issue capital, 10%, amounting to 7,00,000 unit shares worth Rs. 7 Crores, will be allocated to project-affected locals in Sindhupalchok District. The remaining 30% of the issued capital, i.e., 21,00,000 unit shares, will be offered to the general public.
Of this general public issue, 10% of 21,00,000, a total of 2,10,000 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, the minimum application quantity to be applied is 10 units, while the maximum quantity is 7,000 units. For Nepalese citizens working abroad, the minimum application quantity is 10 units, and the maximum is 21,000 units.
Muktinath 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) for Yambaling Hydropower Limited (YHL). In Nepal, issuers with this rating are considered to carry a moderate risk of default in meeting their financial obligations on time.
Yambaling Hydropower Limited (YHL), established in 2007 and converted to a public company in 2021, operates the 7.27 MW run-of-river Yambaling Khola Hydropower Project in Sindhupalchowk, Nepal, which began commercial operations on February 20, 2024, under a BOOT (Build, Own, Operate, Transfer) arrangement.
