Ridge Line Energy IPO Opens for Project-Affected Locals and Foreign-Employed Nepalis

28th December 2025, Kathmandu

In a significant step toward localizing investment in Nepal’s energy sector, Ridge Line Energy Limited has officially launched the first phase of its Initial Public Offering (IPO). Starting from 13th Poush 2082, the company has opened its doors to two specific groups of investors: residents from project-affected areas in Gorkha and Lamjung districts, and Nepalis currently working abroad with valid government labor approval.

Ridge Line Energy IPO

This phased issuance is a regulatory requirement in Nepal, designed to ensure that the communities directly impacted by energy projects have the first right to ownership and financial benefit. Following the completion of this stage, the remaining shares will be made available to the general public, further diversifying the company’s shareholder base.

ALLOCATION DETAILS FOR LOCAL COMMUNITIES AND DIASPORA

The Nepal Securities Board (SEBON) has granted Ridge Line Energy the authority to issue a total of 2,607,000 ordinary shares, each with a face value of 100 rupees. In this initial stage, the company has earmarked 1,185,000 shares exclusively for the local residents of the project-affected areas. Furthermore, 142,200 shares are reserved for Nepalis working overseas, recognizing the vital role that remittance and diaspora investment play in the national economy. This structured allocation ensures that those with a direct or indirect stake in the nation’s growth have a prioritized opportunity to invest.

ELIGIBILITY CRITERIA FOR PROJECT-AFFECTED LOCAL RESIDENTS

To maintain fairness, the company has strictly defined the geographic boundaries for the “project-affected” category. Eligible local applicants include all residents across every ward of Ajirkot Rural Municipality in Gorkha district. In Lamjung district, the eligibility extends to residents of wards 1, 2, and 3 of Dudhpokhari Rural Municipality, as well as wards 4, 5, and 6 of Dordi Rural Municipality. These specific areas are the ones most closely integrated with the company’s infrastructure and operations. Applicants must provide valid proof of residency within these jurisdictions to qualify for this particular quota.

APPLICATION LIMITS AND CRITICAL DEADLINES

Investors interested in the Ridge Line Energy IPO must adhere to specific quantity limits and timeframes. Both local and foreign-employed applicants can apply for a minimum of 10 shares and a maximum of 50,000 shares. However, the deadlines differ between the two groups. Nepalis working abroad have a shorter window, with their application period closing on 17th Poush 2082. Local residents of Gorkha and Lamjung have a more extended timeframe, with their deadline set for 28th Poush 2082. It is crucial to submit applications before these respective dates, as the system will not accept any late entries.

Advertisement

CREDIT RATING AND INVESTMENT RISK PROFILE

Before investing, potential shareholders are encouraged to review the credit rating assigned by CARE Ratings Nepal Limited. Ridge Line Energy has been given a “CARE NP Double B Issuer” rating. This specific rating indicates that the company possesses a moderate level of risk regarding its ability to meet financial obligations on time. While this suggests a stable outlook, it also serves as a reminder for investors to perform their own due diligence by reviewing the company’s prospectus, project status, and long-term revenue projections in the energy market.

THE ROLE OF PRABHU CAPITAL AS THE ISSUE MANAGER

Prabhu Capital Limited has been appointed as the official issue and sales manager for this IPO. They are responsible for overseeing the entire process, from application collection to the final allotment of shares. For local residents, applications can be submitted through several physical and digital channels, including the project office in Gorkha, Prabhu Capital’s office in Kamaladi, Kathmandu, and designated branches of Prabhu Bank in Chhepetar and Palungtar. For Nepalis abroad, the process is streamlined through the C-ASBA system, which links their bank accounts directly to the share application portal, ensuring a transparent and secure transaction.

STRATEGIC IMPACT ON NEPAL’S ENERGY SECTOR

The public offering of Ridge Line Energy represents a broader trend of inclusive growth in Nepal’s hydropower and energy infrastructure sectors. By encouraging local ownership, the company fosters a sense of community partnership, which is essential for the smooth operation of large-scale energy projects. Similarly, providing a dedicated quota for foreign-employed Nepalis helps channel productive capital into the country, creating a sustainable investment model that benefits both the project and the investors. The success of this first phase will set the stage for a high-demand second phase when the IPO opens for the general public across Nepal.

CONCLUSION AND NEXT STEPS FOR POTENTIAL INVESTORS

In conclusion, the Ridge Line Energy IPO is a significant opportunity for eligible locals and overseas Nepalis to acquire equity in a growing energy firm. With 1,185,000 shares for locals and 142,200 for those abroad, the scale of the offering is substantial. Applicants are advised to double-check their eligibility, prepare the necessary identification documents, and ensure they have sufficient funds in their ASBA-linked bank accounts. As the energy sector remains a pillar of Nepal’s economic future, this IPO provides a tangible way for citizens to participate in and benefit from the nation’s resource development.

For More: Ridge Line Energy IPO