Ashutosh Energy Receives SEBON Approval to Issue NPR 72 Crore IPO
6th November 2026, Kathmandu
The Securities Board of Nepal (SEBON) has granted official approval to Ashutosh Energy Limited to issue its Initial Public Offering (IPO) for the general public.
Ashutosh Energy SEBON Approval
The regulatory authority approved the company’s application to issue 72,00,000 units of ordinary shares at a face value of NPR 100 per share.
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Key Details of the Approved Public Offering
The issue will raise capital to support the hydro and energy company’s business development operations.
- Target Company: Ashutosh Energy Limited.
- Regulatory Approval Body: Securities Board of Nepal (SEBON).
- Approved IPO Share Quantity: 72,00,000 units (72 Lakh shares).
- Par Value per Share: NPR 100.
- Total Issue Amount: NPR 72,00,00,000 (NPR 72 Crore).
- Issue and Sales Manager: NMB Capital Limited.
Procedural Workflow and Regulatory Steps
With SEBON’s formal clearance, the operational steps for share distribution and public subscription will begin under the leadership of the appointed sales manager.
- Next Steps: Ashutosh Energy Limited and NMB Capital Limited will publish the detailed prospectus outlining subscription dates, reservation quotas (for project-affected locals, foreign-employed Nepalese, and mutual funds), and public application channels.
- Subscription Process: Eligible applicants will be able to apply via the C-ASBA system through their registered bank accounts and the MeroShare online portal.
For More: Ashutosh Energy SEBON Approval
