September 21, 2026

Beni Hydropower IPO Allotment Completed With 86,320 Applicants Receiving Shares

21st September 2026, Kathmandu

Beni Hydropower Project Limited has completed the allotment process for its Initial Public Offering (IPO) issued to the general public.

The allotment ceremony was conducted on Monday at the office of NMB Capital Limited, the designated issue and sales manager.

The public offering generated significant demand from retail investors, resulting in massive oversubscription.

Public Issue Size: The company issued 863,200 unit ordinary shares to the general public at a face value of NPR 100 per share, amounting to NPR 86.32 million.
Issue Timeline: The public offering was open for subscription from Bhadra 22 to Bhadra 26, 2083.
Total Applications Received: A total of 2,351,560 applicants applied for 26,200,910 shares, oversubscribing the issue by nearly 30 times.
Valid Applications: Out of the total applicants, 2,305,233 applications were verified as valid, while the remaining applications were rejected due to technical discrepancies.

Due to high demand, the share allocation was determined through a lottery system in accordance with prevailing regulatory guidelines.

Allotment Distribution: A total of 86,320 lucky applicants were allotted 10 shares each through the lucky draw method.
Refund Process: Unsuccessful applicants will receive full refunds for their blocked commitment amounts directly into their respective bank accounts through the C-ASBA system.
Result Verification Portals: Applicants can check their allotment status via the official CDSC IPO result portal (iporesult.cdsc.com.np), NMB Capital’s website (nmbcl.com.np/ipo), or the Mero Share portal (meroshare.cdsc.com.np).