Sanigad Hydro Limited Completes Public IPO Allotment via Lottery System
15th June 2026, Kathmandu
Sanigad Hydro Limited has officially concluded its Initial Public Offering allotment phase for the general public.
Sanigad Hydro IPO Allotment
The computerized allotment program was conducted on June 15 2026, which corresponds to the 1st of Asar 2083 in the local calendar. The process was managed and executed by the designated issue manager, Laxmi Sunrise Capital Limited. Due to a substantial oversubscription from retail market participants, shares were distributed via a lottery system, leaving a large portion of the applicant pool without a share allocation.
Primary Offering Structure and Offering Timeline
The clean energy enterprise opened its subscription window during the late pre-monsoon season, drawing heavy traffic to electronic application portals across the country.
- Company Name: Sanigad Hydro Limited
- Security Issue Type: Initial Public Offering to the General Public
- Face Value Per Equity Unit: Rs. 100 per share
- Total Share Volume Allocated for General Subscription: 4,674,000 Units
- Official Subscription Opening Date: Jestha 18 2083
- Official Subscription Closing Date: Jestha 21 2083
- Appointed Capital Issue Manager: Laxmi Sunrise Capital Limited
Comprehensive Application Processing and Verification Statistics
Data gathered from the central clearing systems reveals high registration volumes, requiring rigorous screening by the issue manager to separate compliant bids from flawed entries.
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- Total Subscription Applications Received: 2,759,490 entries
- Verified and Valid Applications Approved for the Lottery: 2,727,515 entries
- Invalid or Rejected Applications Canceled During Verification: 31,975 entries
- Aggregate Share Pool Available for Public Distribution: 4,674,000 Units
- Total Number of Successful Applicants: 467,400 investors
- Individual Share Allotment Volume Per Lucky Winner: 10 Units
Distribution Analysis and Lottery System Highlights
Because the total volume of verified investor requests far surpassed the available stock supply, the capital issue manager enforced the standard lottery mechanism mandated by local securities regulations.
- Successful Allotment Group: A total of 467,400 applicants secured the base block allocation of 10 shares each.
- Individual Holding Valuation: Each successful retail investor received shares with a total face value worth Rs. 1,000.
- Unsuccessful Application Pool: More than 2.26 million verified applicants did not receive any share allotment due to the competitive math of the lottery draw.
- Distribution Integrity Framework: The entire selection process was handled using a secure computerized lottery model under the oversight of regulatory representatives.
Official Methods for Verifying Allotment Status
Retail investors who participated in the subscription window can verify their individual application outcomes through several approved digital lookup platforms.
- Issue Manager Portal: Applicants can access the dedicated IPO tracking tool hosted directly on the official Laxmi Sunrise Capital Limited website.
- Central Securities Platform: Investors can check the centralized national IPO result portal developed specifically for securities market offerings in Nepal.
- Mero Share System: Allotment data will be viewable inside personal Mero Share accounts under the central depository system once the equity units are fully credited to individual Demat accounts.
Market Context and Hydropower Investment Context
The public response to the Sanigad Hydro Limited offering reflects the ongoing interest in the primary market among Nepalese investors, particularly for the renewable energy sector. With over 2.75 million initial applications processed, this issue demonstrates how digital banking portals and centralized dematerialized accounts have streamlined public equity issuance, enabling widespread retail participation across both urban centers and rural districts.
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