Tundi Power To Issue 10 Million IPO Shares, Appoints Kumari Capital As Issue Manager
30th June 2026, Kathmandu
Tundi Power Company Limited has announced plans to issue an initial public offering of 10 million ordinary shares with a face value of Rs 100 per share.
Tundi Power IPO Shares
This major capital market initiative marks another significant entry of a renewable energy producer into the public trading domain of Nepal.
Infrastructure developers in the clean energy sector frequently leverage public equity markets to optimize their debt-to-equity allocations, provide liquidity options for initial venture promoters, and gather supplementary capital for secondary engineering expansions.
The domestic share market continues to see an increase in capitalization from the energy sector due to highly favorable corporate listing laws and strong interest from public retail investors.
By floating these ordinary shares, the corporate entity aims to distribute institutional ownership while allowing small scale everyday investors to participate directly in the long-term revenue yields generated by massive river basin infrastructure assets.
Structured Resource Distribution for Diverse Investor Groups
The public equity distribution framework is carefully designed to include distinct segments of the domestic population and migrant networks.
The company said the IPO will be offered to Nepali citizens working abroad with labor approval, project-affected local residents, employees, mutual funds, and the general public, in accordance with prevailing regulations.
This multi-layered allocation model ensures that groups impacted by the physical construction gain direct financial equity.
Reserving a distinct ten percent quota for non-resident Nepali workers holding valid state labor approvals has become a successful regulatory standard enforced by the government.
This specialized system allows remittance capital to flow directly into primary national productive assets instead of passing entirely into non-productive consumption lines. Similarly, project-affected local groups receive specialized tranches to make sure rural communities benefit directly from the local river resources.
Executive Deal Closing and Corporate Issue Management Logistics
To manage the extensive administrative requirements of the public offering, the clean energy corporation has brought on an experienced financial intermediary. To manage the public offering, Tundi Power has appointed Kumari Capital Limited as the issue and sales manager.
This contractual appointment covers the complete processing of application documentation, managing data streams with centralized depository networks, and overseeing final share allotment procedures.
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The formal financial service partnership was officially closed during an executive assembly held in the capital city.
The agreement was signed by Indra Prasad Dhakal, General Manager of Tundi Power, and Pushpa Sharma, Chief Executive Officer of Kumari Capital.
Having the share issuance led by prominent investment banking specialists guarantees that subsequent regulatory submissions to the Securities Board of Nepal will follow standard corporate legal compliance tracks.
Technical Operational Profile of the River Basin Power Stations
Unlike many fresh corporate entities that request public investment funds during initial civil excavation phases, this developer presents a fully operational, revenue-generating asset profile.
Tundi Power is currently operating the 35.5 MW Chimkhola Rahughat Mangle Hydropower Project and the 48.5 MW Upper Rahughat Hydropower Project on the Rahuganga River in Myagdi District. Operating two separate plants on a single river channel maximizes structural water flow efficiency.
The twin projects represent a substantial combined generation capacity of 84 megawatts, placing the developer among the major independent power producers in the region.
Both projects commenced commercial electricity generation on Shrawan 20, 2082. Having an established history of commercial production minimizes standard engineering completion risks, providing public share buyers with clear visibility into existing corporate cash flows and power purchase ledger balances.
Power Evacuation Logistics and National Grid Interconnection
The structural integration of the produced energy relies on highly advanced regional transmission systems. According to the company, electricity generated from both projects is being evacuated through the Rahughat Hydropower Project substation and supplied to the national power grid.
Efficient power evacuation setups prevent localized transmission losses and guarantee that all generated electricity is immediately monetized under long-term take-or-pay contracts with the state power utility.
Connecting these large generation assets to the national grid supports the broader federal strategy to reduce winter power deficits and increase industrial energy supply.
As Kumari Capital Limited begins preparing the detailed public prospectus filings, the company will systematically coordinate with credit rating agencies to secure mandatory risk evaluation certifications. Retail stock market participants and institutional mutual fund managers are now closely tracking upcoming regulatory approval updates to prepare for the fast-approaching public subscription timelines.
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