Daram Khola Hydropower to issue IPO to the general public

Daram Khola Hydro Energy Limited is issuing 24,23,185 IPO shares to the public from Shrawan 15 at Rs. 100 each. Apply by Shrawan 19 to invest in Nepal’s hydropower sector. Managed by LS Capital with an IRN BB- credit rating and EPS of Rs. 9.41.

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Daram Khola Hydro Energy Limited is set to launch its Initial Public Offering (IPO) for the general public starting from Shrawan 15. The company has received approval from the Securities Board of Nepal (SEBON) to issue a total of 39,50,000 ordinary shares at a face value of Rs. 100 each, which represents 38.33% of its paid-up capital.

In the first phase, shares have already been allocated to project-affected people i.e 10,30,500 shares and Nepalis working abroad i.e. 2,91,150 shares. Among the remaining 29,19,500 shares, 58,390 shares are reserved for company employees and 1,45,975 shares for collective investment funds.

The rest, totaling 24,23,185 shares, will be offered to the general public.

Interested investors can apply for a minimum of 10 shares and up to a maximum of 50,000 shares. The IPO subscription period is from Shrawan 15 to Shrawan 19, with a possibility of extension until Shrawan 29 if applications remain insufficient.

ParameterDetails
Share Units24,23,185 Units
SectorHydropower
Credit RatingIRN BB-
Per Unit PriceRs. 100/-
Issue Date15th – 19th of Shrawan
Earnings Per Share (EPS)Rs. 9.41

Issue Manager and EPS details

The shares are priced at Rs. 100 each. The company holds a credit rating of IRN BB- and reports earnings per share (EPS) of Rs. 9.41. The IPO is managed by LS Capital.

This IPO provides an opportunity for the public to invest in the hydropower sector and contribute to Nepal’s growing energy infrastructure.

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NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
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