Greenedi Energy to Issue IPO, Appoints Prabhu Capital as Issue Manager
18th November 2025, Kathmandu
Greenedi Energy Limited has taken a pivotal step towards public ownership by formally moving forward with the process of issuing its Initial Public Offering (IPO).
Greenedi Energy Issues IPO
To manage this crucial public offering, the company has officially appointed Prabhu Capital Limited as the dedicated share issue and sales manager. This formal agreement was signed on Monday, with Chairman Uresh Man Kayastha representing Greenedi Energy and Managing Director Ashish Gauchan signing on behalf of Prabhu Capital.
This development marks the transition of the energy company into the public domain, offering investors an opportunity to participate in Nepal’s growing hydropower and green energy sector. The IPO process will adhere strictly to the guidelines and regulations set by the Nepal Securities Board (SEBON) and the Nepal Rastra Bank (NRB).
Details of the Proposed Public Offering
Greenedi Energy Limited has articulated a clear strategy for its public issuance, reserving a significant portion of its capital for external investors:
Total Offering Size: The company plans to issue 30 percent of its total issued capital to the public. This substantial offering size reflects the company’s intent to broad-base its ownership structure.
Target Segments: The offering will be strategically divided between two primary target groups:
Local Residents: The residents of the project-affected areas in the Kaski district will receive priority in share allotment. This is a standard regulatory requirement aimed at providing local communities a stake in the energy projects located in their vicinity.
General Public: The remaining shares will be offered to the general public across Nepal.
The issuance of the IPO will provide the necessary capital injection for Greenedi Energy to finance its future expansion plans and strengthen its balance sheet.
Project Profile and Operational Status
Greenedi Energy Limited is already a commercially active entity in Nepal’s power sector.
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Project Completion: The company has successfully completed the construction of the 7 MW Edi Khola Hydropower Project.
Location and Operation: The project is situated in the Kaski district and has been generating electricity commercially since Baisakh 8, 2082. This operational status suggests a stable revenue stream and demonstrated capacity, factors that are highly attractive to potential investors.
Technical Design: The hydropower system was developed based on a Q 65 flow design, indicating a calculated approach to maximizing energy generation efficiency under specific river flow conditions.
Investor Base: The company is backed by a diverse and experienced group of investors with significant professional experience in interconnected sectors, including banking, hydropower, insurance, and the capital market. This diverse foundational support provides a solid institutional footing for the company.
Strategic Future Vision
Chairman Uresh Man Kayastha shared an ambitious outlook for the company’s future growth and diversification:
Expansion Plans: The company’s immediate strategy includes expanding investment into additional hydropower projects in the coming years.
Green Energy Diversification: Looking beyond traditional hydropower, Greenedi Energy is also actively planning to enter the burgeoning solar and green energy sectors.
Long-Term Strategy: Chairman Kayastha emphasized that Greenedi Energy has prepared a long-term strategy specifically aimed at making a significant contribution to the transformation of Nepal’s energy sector, positioning the company as a key player in the nation’s energy transition.
Prabhu Capital’s Managing Director, Ashish Gauchan, expressed his satisfaction with the appointment, stating that receiving the responsibility of managing the IPO reflects the high trust placed in the company’s capabilities. He further assured that the entire issuance process will be handled in a transparent and systematic manner, providing necessary confidence to both Greenedi Energy and the investing public.
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