Darmkhola Hydro Energy Receives SEBON Approval for IPO Prospectus Publication

The Nepal Securities Board (SEBON) has granted approval for the publication of the prospectus for the Initial Public Offering (IPO) of Darmkhola Hydro Energy Limited. According to the notice, the company is set to issue 32,50,000 shares, which represents 38.33% of its issued capital. The face value of each share is fixed at Rs. 100.

The company has received a [IRN BB-(IS)] credit rating from Infomerics Credit Rating Nepal Limited, indicating a moderate degree of safety regarding timely servicing of financial obligations. Laxmi Sunrise Capital Limited has been appointed as the issue and sales manager for the IPO. SEBON granted approval for this offering on 2082/02/20 B.S. (corresponding to early June 2025 in the Gregorian calendar).