Himalayan Power Rights Auction Open for 468,740 Unallocated Shares

3rd June 2026, Kathmandu

Himalayan Power Partner Limited has officially announced the auction of 468,740 unallocated rights shares following the completion of its recent rights share issuance.

Himalayan Power Rights Auction

This massive public offering has immediately triggered immense excitement among capital market participants. The company has formally set the minimum bid price at Rs 100 per share, allowing individual investors, institutions, and companies to participate in the open auction process.

The highly anticipated auction presents an exceptionally attractive investment opportunity for market participants seeking to acquire shares of Himalayan Power Partner Limited at the baseline face value price. Unlike the original rights offering, which was strictly available only to eligible existing shareholders on the book closure date, this public auction is open to all interested investors. This means anyone looking to expand their portfolio can jump straight in.

Himalayan Power Announces Auction of Unallocated Rights Shares

The company had previously opened the sale of rights shares from Baisakh 17 to Jestha 6. After the final allocation process was completed by the issue manager, a total of 468,740 shares remained unsubscribed and unallocated by the initial deadline. To dispose of these remaining shares efficiently, Himalayan Power Partner Limited has decided to conduct a public auction, giving broader market participants the opportunity to invest in the company.

The move is a standard corporate practice in the capital market of Nepal whenever rights shares remain unclaimed after the initial subscription period closes. It ensures the company raises the required capital for its projects while offering the open market a chance to absorb the remaining equity.

Minimum Share Price Fixed at Rs 100

One of the key highlights of this upcoming auction is the highly accessible pricing structure. The company has set the minimum bid price at Rs 100 per share, which is the standard face value of the stock in the primary market. Investors can submit their competitive bids at Rs 100 or above depending on their individual investment strategy and market expectations.

The public auction mechanism allows interested buyers to compete openly for the available shares. The final share allocation is generally made based on the highest valid bids received within the prescribed period, meaning those who analyze the market demand correctly stand the best chance of securing the stock.

Who Can Participate in the Auction?

Unlike a standard rights share issue, which is strictly limited to existing shareholders of record, this auction is open to a much wider financial audience. The company welcomes applications from diverse investor groups. Eligible participants include individual investors, institutional investors, corporate entities, companies, organizations, and both existing and brand new investors.

This open participation model significantly increases the likelihood of a full subscription for the company. At the same time, it provides everyday investors with a rare opportunity to acquire substantial quantities of shares directly through a transparent auction process without buying from the secondary market layout.

Bid Quantity and Application Rules

The company has specified clear and strict bidding guidelines for all investors interested in participating in this round. Applicants may apply for a minimum of 100 shares, which keeps the entry barrier low for retail participants. Furthermore, they can request additional shares in multiples of 10, or even apply for the entire available quantity if they possess the financial capacity.

These flexible bidding requirements allow both small-scale retail investors and large-scale corporate entities to participate according to their investment capacity and long-term objectives. Investors should carefully determine their desired bid quantity and competitive price before submitting final applications to avoid rejection.

Auction Schedule and Important Dates

The auction process will officially begin on Jestha 27, 2083, and will run for a limited time. Interested investors must submit their bids within the specified deadline to be considered in the pooling process.

Key Dates

• Auction Opening Date: Jestha 27, 2083
• Bid Submission Deadline: Ashadh 4, 2083

Applications received after the final deadline will not be considered during the allocation process under any circumstances. Therefore, investors are highly encouraged to complete the necessary payment and application formalities well before the closing date.

Where to Obtain and Submit Bid Forms

The auction is being managed directly by Global IME Capital Limited, which has been appointed as the official issue manager for the sale. Investors can obtain and submit their bid application forms at multiple convenient locations across the nation.

Global IME Capital Limited
Naxal, Kathmandu

Global IME Bank Branches

• Birtamod
• Hanumandas Road, Biratnagar
• Janakpur
• Adarshanagar, Birgunj
• Hetauda
• Narayangadh
• New Road, Pokhara
• Milan Chowk, Butwal
• Baglung
• Tribhuvan Chowk, Nepalgunj
• Surkhet
• Ghorahi
• Dhangadhi
• Mahendranagar

These designated locations provide investors living across different regions of Nepal with convenient local access to the auction application process, ensuring nationwide participation.

Why Investors Are Watching the Auction

Rights share auctions always attract significant attention because they offer investors the unique chance to acquire shares that were not subscribed during the original offering period. Several factors are currently influencing investor interest in this particular company.

The entry price starting at face value provides an immediate buffer compared to higher secondary market rates. The open participation for all investors removes standard corporate barriers. Additionally, the potential future growth prospects of the company and the opportunity to increase holdings at a competitive price drive demand. The transparent auction-based allocation process ensures fairness, though investors should always conduct their own thorough research and evaluate the financial performance of the company before making final investment decisions.

About Himalayan Power Partner Limited

Himalayan Power Partner Limited operates dynamically in the hydropower sector of Nepal and contributes significantly to the growing renewable energy industry of the country. Hydropower remains one of the most critical sectors for national development, attracting massive interest from both domestic retail investors and large institutional backers.

As the nation continues to expand electricity production, cross-border transmission, and infrastructure development, hydropower companies remain closely followed by market participants seeking long-term growth opportunities in a green economy.

Conclusion

The Himalayan Power Rights Auction provides investors with an exceptional opportunity to bid for 468,740 unallocated rights shares at a minimum price of Rs 100 per share. Open to individuals, institutions, and companies alike, the auction successfully broadens access to investment opportunities far beyond the existing shareholder base.

With bidding scheduled from Jestha 27 to Ashadh 4, interested investors should immediately review the official auction terms, determine their bidding strategy, and submit their applications through Global IME Capital or designated Global IME Bank branches before the deadline. The auction is expected to draw considerable volume from investors looking to maximize their participation in the dynamic capital market of Nepal.

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