Moonlight Hydropower Appoints Jyoti Capital as Underwriter for Upcoming 920 Million Rupee IPO
1st October 2026, Kathmandu
Moonlight Hydropower Company Limited has officially appointed Jyoti Capital Limited as the underwriter for its upcoming Initial Public Offering (IPO).
Moonlight Hydropower Underwriter Appointment
The hydropower developer is preparing to issue over 9.24 million ordinary share units to the general public.
IPO Structure and Underwriting Terms
- Total Shares Offered: 9,241,426 ordinary share units.
- Par Value per Share: NPR 100.
- Total Issue Value: NPR 924,142,600 (NPR 92.41 crore).
- Underwriting Scope: Jyoti Capital Limited will underwrite 100 percent of the proposed public ordinary shares.
Agreement Signing and Institutional Profiles
Agreement Execution: The underwriting agreement was formally signed in Kathmandu by Bikash Dhakal, Chief Executive Officer of Jyoti Capital Limited, and Kalyan Bikram Neupane, Chairman of the Board of Directors of Moonlight Hydropower Company Limited.
Advertisement
Underwriter Overview: Jyoti Capital Limited operates as a licensed merchant banking subsidiary of Jyoti Bikash Bank Limited with a paid-up capital of NPR 210 million. It provides issue management, portfolio management, corporate advisory, underwriting, and share registrar services under the authorization of the Securities Board of Nepal (SEBON).
Regulatory Timeline: The appointment of the underwriter formalizes the IPO process. The definitive subscription dates and public issuance schedule will be determined following final regulatory approvals from SEBON and concerned authorities.
