Mount Everest Power Development IPO, Public Issue Opens Baisakh 17
21st April 2026, Kathmandu
In a significant expansion of the renewable energy sector in Nepal, Mount Everest Power Development Limited has announced the launch of its Initial Public Offering starting Baisakh 17, 2083.
Mount Everest Power Development IPO
This first phase of the issuance is strategically designed to prioritize project affected locals and Nepali citizens working in foreign lands under labor approval. By targeting these specific groups initially, the company is fostering inclusive investment while raising the necessary capital for its ambitious hydropower projects. This IPO represents a major opportunity for individuals to contribute to and benefit from Nepal’s growing green energy infrastructure.
The scale of the offering is substantial, reflecting the capital requirements of large scale hydropower development. The company has received official approval to issue 30 percent of its total issued capital, which stands at 86 crore. This translates into 2,580,000 shares, each carrying a standard face value of 100 per unit. Out of this total allocation, 860,000 shares have been exclusively reserved for the residents of project affected areas.
To ensure a fair distribution, these locals will be further categorized into highly affected and other affected groups, allowing for a proportional and equitable allocation of ownership within the local community. In addition to local residents, Mount Everest Power Development is dedicating a significant portion of its shares to the Nepali migrant workforce.
A total of 172,000 shares, which represents 10 percent of the public quota, are reserved for Nepalis working abroad. This initiative allows those contributing to the national economy through remittances to also build long term assets back home. For eligible workers, the application process is streamlined through the digital C-ASBA system and the Mero Share platform, making it easy to participate from anywhere in the world.
For the project affected locals, the company has partnered with several major financial institutions to facilitate physical applications. Residents can visit designated branches of Machhapuchchhre Bank Limited, Nepal Bank Limited, Prabhu Bank Limited, and NMB Bank Limited to submit their requests.
Additionally, all other ASBA approved banks and financial institutions are eligible to collect these applications, providing a wide and accessible network for the local population. This collaborative approach ensures that even those in remote areas have the opportunity to participate in the IPO.
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The investment limits have been set to encourage wide participation from retail investors. The minimum application requirement is just 10 shares, making the entry cost as low as 1,000. For those with a larger investment capacity, the maximum application limit has been set at 10,000 shares. Investors should be mindful of the specific timelines associated with each category.
The general timeline for the first phase suggests an earliest closing on Baisakh 23, 2083, with a latest closing on Baisakh 31, 2083. However, for project affected locals, the application window may stay open until Jestha 18, 2083, if the shares are not fully subscribed by the initial deadline.
Investing in a company like Mount Everest Power Development is more than just a financial decision; it is an investment in the future of Nepal’s energy independence. As the country continues to face rising demand for electricity, hydropower remains the most viable and sustainable solution.
Companies that successfully navigate the construction and operational phases of these projects often provide stable returns to their shareholders over the long term. This IPO allows the public to be partners in this growth, bridging the gap between national infrastructure goals and individual financial aspirations.
The focus on inclusive investment is a positive trend in the Nepali capital market. By prioritizing those directly impacted by the project and those working hard overseas, the hydropower sector is building a stronger social license to operate. This transparency and community engagement are vital for the smooth execution of large scale energy projects. As the Baisakh 17 opening date approaches, potential investors are encouraged to review the company’s prospectus and ensure their bank accounts and Demat details are up to date.
In conclusion, the Mount Everest Power Development IPO is a landmark event for the hydropower industry in 2083. With a clear allocation structure, affordable entry points, and a focus on inclusivity, it stands out as a compelling opportunity for the Nepali community.
Whether you are a local resident in the project area or a worker contributing from abroad, this is your chance to secure a stake in one of the most promising sectors of the economy. Stay informed about the application deadlines and take the first step toward becoming a partner in Nepal’s journey toward renewable energy excellence. This is the moment to turn local resources into national wealth while building a secure financial future for yourself and your family. Through this IPO, Mount Everest Power is not just generating electricity, but also generating opportunities for all.
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