Today is the final day for Nepalis working abroad to apply for the IPO of Sunyukund Hydroelectric Limited.

Today (Poush 14) is the final day to apply for the IPO of Sunyukund Hydroelectric Limited for Nepalis working abroad.
The company opened the IPO for Nepali citizens with valid labor approval working overseas from Poush 9. Out of the approved issued capital of NPR 689.67 million, the company has received permission to issue 1,379,350 ordinary shares, representing 20 percent of its issued capital. Of this, 10 percent of the shares allocated to the general public—amounting to 68,967 shares at a face value of NPR 100 per share—has been reserved specifically for Nepalis employed abroad. Applicants can apply for a minimum of 10 shares and a maximum of 50,000 shares.

CARE Ratings Nepal has assigned the company a CARE-NP BB- issuer rating, indicating a moderate level of risk in meeting financial obligations. The company is operating an 11 MW Upper Tadi Khola Hydropower Project with a total project cost of NPR 2.36 billion and a per-megawatt cost of approximately NPR 215.3 million. The project has 26 years remaining on its electricity generation license. The simple payback period of the project is 7.71 years, while the discounted payback period stands at 16 years. Kumari Capital Limited is serving as the issue and sales manager. Eligible applicants may apply through all SEBON-approved C-ASBA member banks and financial institutions or via the ‘Mero Share’ online platform operated by CDS and Clearing Limited.