Snow Rivers IPO Nepal 2026 Open for Application

23rd March 2026, Kathmandu

The Snow Rivers IPO Nepal 2026 has officially moved into its first phase of issuance, targeting the resilient communities of Taplejung and Panchthar, as well as the Nepali diaspora.

Snow Rivers IPO Nepal

Following the approval from the Securities Board of Nepal (SEBON) on Magh 18, Snow Rivers Limited is offering a significant stake to those most closely linked to its hydropower infrastructure. This launch represents a strategic opportunity for local residents to transition from project stakeholders to equity owners in one of the region’s promising energy ventures.

Total Issue Size and Phase 1 Allocation

The Snow Rivers IPO Nepal 2026 consists of a total public offering of 1.875 million shares (18,75,000 units) at a par value of Rs 100 per share. The current phase specifically earmarks shares for two vital groups:

Project-Affected Local Residents: 937,500 shares (50% of the initial phase).

Foreign-Employed Nepalis: 93,750 shares (10% of the upcoming general public quota).

By reserving nearly a million shares for locals, Snow Rivers is ensuring that the economic benefits of water resource mobilization stay within the Himalayan foothills where the project operates.

Geographic Eligibility for Local Residents

The Snow Rivers IPO Nepal 2026 uses a tiered “Impact Category” system to distribute shares among residents of the Sirijanga, Sidingwa, and Pathibhara Yangwarak regions.

Most Affected (Category A): Residents of Sirijanga Rural Municipality, Ward No. 8 (Yamphudin). This group has been allocated 468,750 shares, reflecting the direct impact of the project’s powerhouse and headworks.

Significantly Affected (Category B): Residents of Wards 1–7 of Sirijanga, Wards 5 and 6 of Sidingwa, Wards 5 and 6 of Pathibhara Yangwarak, and Ward No. 1 of Hilihang (Panchthar). This group shares the remaining 468,750 shares.

Application Limits and Deadlines

Investors participating in the Snow Rivers IPO Nepal 2026 must adhere to the following subscription windows and investment ceilings:

For Local Residents:

Advertisement

• Minimum Investment: 10 Shares (Rs 1,000).
• Maximum Investment: 10,000 Shares (Rs 1,000,000).
• Closing Date: Chaitra 23, 2082 (Can extend to Baisakh 8 if not fully subscribed).

For Foreign-Employed Nepalis:

• Minimum Investment: 10 Shares (Rs 1,000).
• Maximum Investment: 1,000 Shares (Rs 100,000).
• Closing Date: Chaitra 12, 2082.

Where to Apply: Physical and Digital Channels

The Snow Rivers IPO Nepal 2026 utilizes both traditional and modern application methods to ensure no eligible investor is left behind.

Digital (C-ASBA): Migrant workers must apply via the Mero Share portal using their CRN number and a remittance-linked bank account.

Physical Collection (Taplejung/Panchthar): Local residents can visit designated branches of Nepal Bank, NMB Bank, Sanima Bank, and Global IME Bank in Phungling and Sirijanga.

Project Site: Forms are also available directly at the Snow Rivers project office in Yamphudin, Taplejung.

Issue Manager and Strategic Outlook

Sanima Capital Limited has been appointed as the Issue and Sales Manager for the Snow Rivers IPO Nepal 2026. The project is part of a broader push to harness the high-head potential of the rivers flowing from the Kanchenjunga range. For investors, this IPO offers:

Direct Resource Ownership: A chance for Taplejung residents to own a piece of their local natural heritage.

Portfolio Diversification: Adding a “Green Energy” asset to an investment portfolio at the base price of Rs 100.

National Contribution: Supporting the transition toward a surplus-energy economy in Nepal.

Conclusion

The Snow Rivers IPO Nepal 2026 provides a structured and fair entry point for the people of eastern Nepal and those working abroad to participate in the nation’s energy future. With the deadline for foreign-employed citizens approaching on Chaitra 12 and for locals on Chaitra 23, eligible applicants should move quickly to secure their units. This offering reinforces the idea that hydropower development in Nepal is a collaborative journey between the developers and the local community.

For More: Snow Rivers IPO Nepal