Yambaling Hydropower's IPO Opens Today: How Many Units to Apply?

Located in Sindhupalchowk, Yambaling Hydropower Limited has today from Baisakh 16 opened its primary share issuance (IPO) targeting public investors. The company has brought a total of 17,43,000 shares for public sale in this phase.

According to the designated schedule, investors can register their applications until Baisakh 22. Each investor is allowed to apply for a minimum of 10 shares up to a maximum of 21,000 shares. If the full quantity is not sold within this period, there is a possibility of extending the application deadline.

The responsibility for issuance and sales management has been taken by Muktinath Capital Limited. Applicants can submit their applications via the ASBA (Application Supported by Blocked Amount) system through banks, financial institutions, or online platforms. The Nepal Securities Board (SEBON) had already approved the company's IPO issuance on Falgun 17, 2082.

Yambaling has successfully completed the construction of the 7.271 megawatt capacity Yambaling Khola Hydropower Project in Sindhupalchowk and has started generating electricity commercially from Falgun 8, 2080. This run-of-river type project is supplying electricity via the national transmission line.