Salmanidevi Hydropower IPO Nepal Share Issue Update
24th March 2026, Kathmandu
The Salmanidevi Hydropower IPO Nepal news has generated significant interest following the formal agreement between the project developer and its issue manager.
Salmanidevi Hydropower IPO
Salmanidevi Hydropower Limited is preparing to offer a total of 1.7 million ordinary shares to the public. Unlike many hydropower IPOs that fund ongoing construction, this issuance is backed by a project that is already contributing to the national grid, offering a different risk profile for savvy investors in Nepal’s capital market.
IPO Allocation and Structure
The Salmanidevi Hydropower IPO Nepal follows a balanced distribution model to ensure both local inclusivity and widespread public ownership. The company has received the green light to issue shares at a par value of Rs 100 per unit.
Total Shares to be Issued: 1,700,000 units.
Local Resident Quota: 850,000 units (50% of the initial issue) reserved for the project-affected inhabitants of Doti District.
General Public Quota: 850,000 units (50% of the initial issue) available for the general public, including a portion typically reserved for mutual funds and employees.
By earmarking half of the initial offering for locals, the company adheres to the “Social License to Operate,” ensuring those living near the Kapadigad stream directly share in the project’s financial success.
Expert Issue Management
To facilitate a seamless entry into the Nepal Stock Exchange (NEPSE), the company has appointed Laxmi Sunrise Capital Limited as its Issue and Sales Manager. The partnership was solidified through a signing ceremony between Paresh Dahal, Director of Salmanidevi Hydropower, and Bijay Lal Shrestha, CEO of Laxmi Sunrise Capital. This appointment is a critical step in navigating the regulatory requirements of the Securities Board of Nepal (SEBON).
Project Profile: Kapadigad Hydropower
The core asset behind the Salmanidevi Hydropower IPO Nepal is the Kapadigad Hydropower Project. Located in the Doti District of Sudurpashchim Province, this run-of-the-river project is a testament to small-scale efficient energy production.
Installed Capacity: 3.33 MW.
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Operational Status: Commercially operational since 2076 BS (late 2019/early 2020).
Location: Doti District, Sudurpashchim Province.
Revenue Status: The project is already generating steady revenue through power purchase agreements (PPA) with the Nepal Electricity Authority (NEA).
Why This IPO Stands Out for Investors
The Salmanidevi Hydropower IPO Nepal offering is distinct from many “under-construction” hydropower stocks for several reasons:
Elimination of Construction Risk: Since the project has been operational for several years, investors do not face the common risks of geographical instability, cost overruns, or commissioning delays.
Immediate Earning Potential: As an operational entity, the company is already recording electricity sales, which shortens the timeline for potential dividend distributions compared to new projects.
Regional Empowerment: For the residents of Doti, this IPO represents a rare opportunity to invest in a local industrial asset that utilizes their regional water resources.
Sector Stability: Hydropower remains the backbone of the Nepalese economy, backed by government mandates to increase domestic consumption and cross-border energy trade with India and Bangladesh.
Conclusion
The Salmanidevi Hydropower IPO Nepal update marks a proactive move by the company to transition into a public-limited entity. With a proven 3.33 MW project in Doti and the professional backing of Laxmi Sunrise Capital, the IPO is expected to be oversubscribed once the official subscription dates are announced. Investors are encouraged to keep their Demat accounts active and ensure their C-ASBA registrations are updated to participate in this upcoming energy sector opportunity.
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