
Himal Parbat Hydropower Limited is set to open its Initial Public Offering (IPO) for Nepalis working abroad from Kartik 11. The company will issue 4 lakh 22 thousand 500 shares at a face value of Rs. 100 per share.
The company is issuing 4 lakh 22 thousand 500 shares to Nepalis working abroad, representing 10 percent of the shares allocated to the general public.
Nepali citizens working abroad after obtaining labour approval from the relevant government authority will be eligible to apply for this IPO.
How Many Shares Can Applicants Apply For?
Nepalis working abroad can apply for a minimum of 10 shares and a maximum of 10,000 shares.
Applications can be submitted until Kartik 16 at the earliest. If the issue is extended, the final deadline will be Kartik 25.
How to Apply?
Citizens Capital Limited has been appointed as the issue and sales manager for the IPO.
Eligible Nepalis working abroad can apply through the C-ASBA system via banks and financial institutions approved by the Securities Board of Nepal (SEBON) to provide ASBA services, including their designated branches.
Applicants can also submit their applications online through the Mero Share platform operated by CDS and Clearing Limited.
Company Rating
For the IPO issuance, ICRA Nepal has assigned Himal Parbat Hydropower an ‘ICRANP Issuer Rating BB+’.
The rating indicates a moderate level of risk regarding the company’s ability to meet its financial obligations.
Him Parbat Hydropower Limited (HPHL) has launched its IPO in the Hydropower sector, seeking to raise Rs. 42,250,000. The offering consists of 422,500 units priced at Rs. 100.00 per unit, with Citizens Capital Limited serving as the issue manager.
The subscription period, which is open to Foreign Workers, is scheduled from October 28, 2026 to November 02, 2026, with a minimum application requirement of 10 units.





Note: This result link is hosted on the official website of the issue manager and provides the same allotment data published by CDSC.
For faster access during high traffic periods, it is recommended to use the CDSC IPO result portal or the issue manager’s official website.