Gorakshya Hydropower Share Sale: 24 Lakh Shares at Rs 100 Per Unit
22nd February 2026, Kathmandu
The corporate landscape of Nepal’s energy sector has seen a significant development with the official announcement of the Goraksha Hydropower Share Sale. On February 22, 2026 (Falgun 11, 2082), Goraksha Hydropower Limited issued a public notice regarding the decision to offload 2.4 million units of its reserved shares. This strategic move, authorized during the company’s recent board meeting, offers existing shareholders the primary right to purchase these shares at a face value of 100 rupees per unit. By invoking Rule 6 (G) of its Memorandum of Association, the company is prioritizing its current investor base before considering a wider public offering. This capital mobilization effort is designed to strengthen the company’s internal equity and provide the necessary funding for its ongoing and future hydroelectric projects in the mid-western region of Nepal.
Gorakshya Hydropower Share Sale
The primary objective of the Goraksha Hydropower Share Sale is to raise 240 million rupees from its existing pool of investors. These reserved shares represent a portion of the company’s authorized capital that was previously unallocated. By offering these units at the par value of 100 rupees, the company provides a significant advantage to its current stakeholders, allowing them to increase their ownership percentage without the premium costs often associated with secondary market trading or right share issuances that occur after a public listing. The funds generated from this sale are earmarked for the completion of critical infrastructure components and the management of short-term liabilities, ensuring that the company remains on a stable financial footing as it approaches its commercial operation date.
Eligibility for this specific offering is strictly limited to those whose names are already recorded in the shareholder register of Goraksha Hydropower Limited. The company has set a rigorous 15-day application window, starting from the date of the first publication of the notice. During this period, interested shareholders must calculate their desired investment and deposit the corresponding amount into the company’s designated bank account. The application process requires the submission of a physical or digital share purchase form, accompanied by a copy of the applicant’s Nepali citizenship certificate, a copy of the National Identity Card, and the original bank deposit voucher. Failure to provide any of these documents or missing the 15-day deadline will result in the forfeiture of the priority right, and the application will not be processed.
A critical aspect of the Goraksha Hydropower Share Sale is the contingency plan for unsubscribed shares. The company has explicitly stated that if the current shareholders do not fully apply for the 2.4 million units within the 15-day period, the remaining balance will be consolidated and offered to the general public through an Initial Public Offering (IPO). This ensure that the company’s goal of reaching its target capital remains uncompromised. For potential new investors, this secondary phase represents an entry point into a company that is part of a high-growth sector. Hydropower continues to be the most attractive investment avenue in Nepal, supported by long-term power purchase agreements (PPA) with the Nepal Electricity Authority and the growing potential for cross-border energy trade with India and Bangladesh.
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The technical and financial health of Goraksha Hydropower Limited is a key consideration for shareholders contemplating this purchase. Investors are encouraged to review the company’s progress reports, particularly regarding the construction of its main tunnel and the installation of electro-mechanical equipment. As with all hydropower investments in Nepal, the primary risks involve hydrological variations and potential delays in transmission line connectivity. However, Goraksha’s project site in a water-rich catchment area and its adherence to the construction timeline have provided a level of confidence to its current promoters. By participating in this share sale, existing investors are not just buying equity but are reaffirming their commitment to a project that contributes to Nepal’s goal of achieving energy self-sufficiency.
From a regulatory perspective, this share sale is being closely monitored by the company’s management to ensure transparency and fairness. The allocation of shares will be done in proportion to the existing holdings if the demand exceeds the available 24 lakh units among current shareholders. This pro-rata basis is a standard practice in Nepal’s corporate sector to prevent any single large investor from unfairly dominating the ownership structure. Once the shares are allocated and the capital is successfully raised, the company will move toward the next phase of its corporate lifecycle, which includes the auditing of its new capital structure and preparing for a formal listing on the Nepal Stock Exchange (NEPSE) in the coming years.
In conclusion, the Goraksha Hydropower Share Sale represents a vital opportunity for existing investors to consolidate their position in a promising energy venture. The 15-day window from Falgun 11 to Falgun 26, 2082, is a time-sensitive period that requires prompt action and clear documentation. As Nepal’s electricity demand continues to rise, the role of independent power producers like Goraksha becomes increasingly significant. By successfully completing this share sale, the company will secure the financial resources needed to turn its engineering plans into a generating reality, providing long-term value to its shareholders and clean energy to the national grid.
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