IPO Issue date of Sahas Urja Limited (SUL) | IPO result of Sahas Urja Limited (Local)

Sahas Urja Limited (SUL) is going to issue IPO shares to the general public from 6th Ashoj, 2078. The company will issue 70 lakh unit shares whereas 210000 are allocated to the employees of Sahas Urja Limited and 350000 unit shares allocated to the mutual fund.

NIBL Ace Capital is the issue and sales manager of Sahas Urja Limited (SUL). Those who are interested can apply for a minimum of 10 and a maximum of 1 million 50 thousand. Earlier, the company had issued of 15 million shares for the locals of the project-affected Solukhumbu district at various stages. After the issuance of IPO for the project affected and the public, the share structure of the company will be 70:30 and the paid up capital will reach Rs 3.5 billion.

ICRA Nepal has given BB Plus rating to Sahaj Urja's IPO. This is the largest hydropower project in Nepal being constructed by the private sector. The total cost is projected at Rs 11.86 billion, while nine other financial institutions, led by Nepal Investment Bank, have invested Rs 8.65 billion in the project.

About Company

Sahas Urja Limited, which was established in February 2014 as a private limited company, was transformed into a public company in September 2014.Sahaj Urja's paid-up capital was Rs 2.45 billion by mid-July 2020. Its major founding shares are Mahendra Kumar Giri (2.29%), Sushil Thapa (2.21%), Him Prasad Pathak (1.04%).The company is aiming to raise Rs 1.5 billion through IPOs. The 86 MW Solu Khola project is located in Province 1. So far, 40 percent of the company's work has been completed

Sahas Urja IPO result ( Project affected local people)

The IPO result of sahas urja which was issue to the area affected local people is already published. If you had applied the IPO as the area affected local people you can view the result of ipo allotment at official site of NIBL Ace Capital or

Click here for the result

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