Jhapa Energy to launch IPO from July 11, who can fill it?

लगानी न्यूज

७ श्रावण २०८२, बुधबार ११:४०July 23, 2025

Kathmandu. Jhapa Energy Company is going to issue an IPO from July 15. The company is going to issue an IPO for the local residents of the project-affected areas and Nepalis in foreign employment.

TAG_OPEN_div_26 The company is issuing 380,190 units of ordinary shares worth Rs 100 per share worth Rs 381.9 million or 10 percent of the issued capital of Rs 381.9 million for the local residents of the project-affected areas.

Out of the total shares allocated for the local residents TAG_OPEN_div_24, 190,095 units of shares will be distributed among the residents of the area around 100 meters from the site and project area where the solar power project is being constructed and operated in Shivasatakshi Municipality Ward No. 4 of Jhapa district. Similarly, the remaining 190,095 units of shares were allotted in Shivasatakshi Municipality Ward No. 1of Jhapa district. It will be distributed among the residents of 4.

57,029 units of ordinary shares worth Rs 5,702,900 per share, representing 10 per cent of the shares allotted to the general investors, will be issued to Nepalis working abroad after obtaining labour permit from the concerned authorities of the Government of Nepal.

Application TAG_OPEN_div_20 s can be made for a minimum of 10 units in the IPO of the company. Applications can be made for a maximum of 5,000 units in the IPO of this company. For the local residents of the project-affected areas, the eviction will be closed at the earliest on August 15. It will be late on September 15. Similarly, the closure of expulsion for Nepalis in foreign employment will be held on July 15 and the late one will be on August 15.

TAG_OPEN_div_18 ICRA Nepal has given the company ICRA NP Issuer Rating Single B minus in the rating made for the IPO issue. This indicates that there is a high risk in the company’s ability to bear liability. Himalayan Capital Limited is the issue manager of the company.

Local resident TAG_OPEN_div_16 s can apply from Himalaya Bank’s branches and project sites in Dudhe, Damak and Surunga. Residents of the project-affected areas will have to pay a fee of Rs 2 for the application form to receive the share purchase application.

TAG_OPEN_div_14 Nepalis in foreign employment can apply through the C-ASBA system from all C ASBA member banks and financial institutions and their designated branch offices approved by the Securities Board of Nepal.