People’s energy share issuance underwriter appointed 2026
xr:d:DAFuNbxO5Aw:5,j:4881178747876886907,t:23091205
5th June 2026, Kathmandu
People’s Energy Limited has taken a major step toward its upcoming public share issuance by appointing Jyoti Capital Limited as the official underwriter.
People’s energy share issuance
This partnership provides a robust safety net for the multi-million rupee public float. The corporate underwriting agreement was formally signed during a ceremony held at the registered office of Jyoti Capital Limited in Kamalpokhari, Kathmandu.
The agreement was signed by Chief Executive Officer Devash Dhakal on behalf of Jyoti Capital and General Manager Janardan Aryal on behalf of People’s Energy Limited.
Complete Financial Structure of the Hydropower Offering
The upcoming public float represents an immense capital mobilization effort within the national hydropower sector. The company is preparing to issue 66 million ordinary shares to the general public and institutional groups.
The face value of each equity unit is fixed at the standard Rs 100 per share. This brings the total value of the upcoming capital issuance to an impressive Rs 66 crore.
By executing this underwriting agreement, Jyoti Capital Limited legally guarantees the complete absorption of the issue. This means that any unsubscribed shares left behind by retail traders will be automatically purchased by the underwriting institution. This financial guarantee provides great security and boosts investor confidence before the public opening.
Advertisement
Driving Institutional Strength and Specialized Merchant Banking
The designated underwriter brings solid financial backing and regulatory credibility to the entire transaction. Jyoti Capital Limited operates as a high-performing subsidiary of Jyoti Bikas Bank Limited, a prominent financial institution in Nepal.
The merchant banking firm boasts a robust paid-up capital of Rs 21 crore. It remains fully licensed by the Securities Board of Nepal to manage complex corporate transactions.
The subsidiary provides a wide range of specialized merchant banking services designed to facilitate capital market growth. Their core operational capabilities include:
- Securities issuance and professional sales management
- Comprehensive corporate investment management
- Strategic corporate advisory and financial structuring services
- Full-scale institutional underwriting services
- Centralized share registry management services
Boosting Investor Confidence in Energy Investments
The strategic appointment of Jyoti Capital Limited ensures that the public float will be fully funded regardless of short-term market volatility. This risk management approach is crucial for large-scale energy infrastructure projects that depend on timely capital injection.
The Rs 66 crore issuance marks a significant milestone in Nepal energy development timeline. It creates a structured and secure pathway for everyday citizens to participate directly in national infrastructure wealth creation.
As the regulatory approvals finalize, stock market analysts expect high public participation in this securely underwritten energy offering.
For More: People’s energy share issuance
