Kathmandu, March 15, 2026 — Today marks the final opportunity for Nepalese citizens employed abroad to apply for the Initial Public Offering (IPO) of Taksar Pikhuwa Khola Hydropower Limited. The issue, which opened on February 27 (Falgun 15, 2082), is set to close at the end of banking hours today.
The company has allocated 3,03,067 units of ordinary shares specifically for Nepalese migrant workers who have obtained work permits from the relevant government bodies. Priced at a nominal value of Rs 100 per share, the total value of this specific issuance amounts to Rs 3,03,06,700.
Key Details for Applicants:
- Total Shares Offered: 3,03,067 units (for foreign-employed Nepalis).
- Price per Share: Rs 100.
- Minimum Application: 10 units (Rs 1,000).
- Maximum Application: 50,000 units.
- Issue Manager: Prabhu Capital Limited.
How to Apply
Eligible investors can submit their applications through the following channels:
- C-ASBA Service: Available via licensed banks and financial institutions participating in the ASBA service and their designated branches.
- MeroShare: Applications can be conveniently submitted online through the CDSC’s ‘My Shares’ (MeroShare) portal and mobile application.
Current Subscription Status
As of the latest reports, the IPO has seen significant interest from the migrant worker community. According to data from CDSC, the issue has already been oversubscribed, with over 73,000 applicants requesting more than 10.8 lakh units—nearly 3.6 times the available quota.
Taksar Pikhuwa Khola Hydropower is developing an 8 MW run-of-river project in the Bhojpur district. Following this first phase for foreign employees and project-affected locals, the company will later open its remaining shares to the general public.
