Shikhar Power IPO Allotment Nepal Results Announced Today
17th March 2026, Kathmandu
The Shikhar Power IPO allotment Nepal process was officially finalized on Tuesday morning, March 17, 2026.
Shikhar Power IPO Allotment
The distribution ceremony was conducted by Global IME Capital Limited at their corporate office in Kathmandu. Due to a massive oversubscription from retail investors, the allotment was decided via a lottery system, leaving a large majority of applicants without shares.
Allotment Results at a Glance
The IPO of Shikhar Power Development Limited saw an unprecedented level of participation, further solidifying the trend of high retail engagement in the hydropower sector.
- Total Units Allotted: 1,842,600 shares.
- Successful Applicants: 184,260 individuals.
- Units Per Winner: 10 units each.
- Selection Method: Transparent lottery system.
Demand and Oversubscription Details
According to the official data released by Global IME Capital, the issue was oversubscribed by more than 14 times.
Total Applicants: 2,687,347.
Valid Applications: 2,650,847.
Invalid/Rejected Applications: 36,500 (Reasons included duplicate applications, incorrect CDSC details, and insufficient funds).
With over 2.6 million valid applicants vying for shares that could only be distributed to 184,260 people, the probability of receiving an allotment was approximately 6.9%.
How to Check Your Allotment Status
The Shikhar Power IPO allotment Nepal results are being uploaded to the official portals. You can check your status using your 16-digit BOID (Beneficiary Owner Identification Number) on the following platforms:
Mero Share Portal: Log in and navigate to the “Application Report” section.
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Global IME Capital Website: Use the dedicated “IPO Result” link.
CDSC IPO Portal: Visit iporesult.cdsc.com.np, select “Shikhar Power Development Limited,” and enter your BOID.
About Shikhar Power Development Limited
Shikhar Power is a rising name in Nepal’s energy sector, led by Chairman Narayan Prasad Upadhyay. The proceeds from the IPO are primarily intended to fund the company’s expanding portfolio of renewable energy projects.
Completed Project: The 4.96 MW Bhim Khola Hydropower Project in Baglung, which has been operational since 2081 BS.
Upcoming Project: The 6.05 MW Lower Bhim Khola Hydropower Project, currently under construction and expected to significantly boost the company’s revenue streams once commissioned.
Market Impact and Hydropower Trends
The success of the Shikhar Power IPO allotment Nepal highlights the dominant role hydropower companies play in the Nepal Stock Exchange (NEPSE). Investors continue to favor this sector because:
Tangible Assets: Investors can see the physical progress of dams and powerhouses.
Policy Support: The government’s commitment to energy exports to India and Bangladesh provides a long-term positive outlook for hydropower stocks.
Conclusion
The conclusion of the Shikhar Power IPO marks another milestone for the Nepali capital market. While the lottery system inevitably leaves many disappointed, it ensures a fair distribution of wealth among the general public. Successful allottees can expect the shares to be credited to their Demat accounts within the next 3 to 5 working days, after which the company will begin the process for listing on NEPSE.
For More: Shikhar Power IPO Allotment
