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Snow Rivers Limited (SNRL)

Closed Hydropower IPO Not Available
Issue Price
Rs. 100.00
Per Unit
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Company Overview

Snow Rivers Limited IPO issue closes today. The company has opened the issuance of 778,125 units of ordinary shares to the general public from Baisakh 29.

Earlier, the company had already completed the allotment of IPO shares under the first phase for project-affected locals and Nepalis working abroad. Following that, the second phase of the IPO was opened for the general public.

Under this public offering, investors can apply for a minimum of 10 shares and a maximum of 1,000 shares. ICRA Nepal has assigned the company an ‘ICRANP-IR BB+’ rating, which indicates a moderate risk in terms of the company’s ability to meet its financial obligations on time.

Applications can be submitted through ASBA member banks and financial institutions approved by the Securities Board of Nepal, along with their designated branch offices.

Issue Details

Type
IPO
Public Offering
Category
General Public
Eligible Investors
Issue Manager
Sanima Capital Limited
Lead Manager
Issue Size
Rs. 77,810,000
778,100 Units
Applied Size
0 Applicants
0 Units Applied
Minimum Quantity
10 Units
Per Application
Sector
Hydropower
Industry Classification
Status
Not Available
0.00x times
Total Subscribed
0xTarget (1x)
Issue Units
778,100
Applied Units
0
Allotment Probability
0.0%
chance
0 applicants
Application Outcome
0
allottees
0
Allotted
0
Empty-handed
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Issue Timeline

Issue Opens
May 12, 2026
Issue Closes
May 15, 2026
Extended Until
To be announced
Result Date
To be announced

Issue Summary

Snow Rivers Limited (SNRL) has launched its IPO in the Hydropower sector, seeking to raise Rs. 77,810,000. The offering consists of 778,100 units priced at Rs. 100.00 per unit, with Sanima Capital Limited serving as the issue manager.

The subscription period, which is open to General Public, is scheduled from May 12, 2026 to May 15, 2026, with a minimum application requirement of 10 units.

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Frequently Asked Questions (FAQ)

Snow Rivers Limited (SNRL) has launched its IPO to raise a total of Rs. 77,810,000. The company is issuing 778,100 ordinary shares to the public at an issue price of Rs. 100.00 per unit. This public offering allows investors to participate in the ownership and future growth of the company.
The Snow Rivers Limited IPO is open for General Public. Eligible investors must have a valid BOID in order to submit an application.
The subscription period for Snow Rivers Limited IPO begins on May 12, 2026 and closes on May 15, 2026. Applications must be submitted within this timeframe through the MeroShare system or bank if its local IPO.
Investors applying for Snow Rivers Limited IPO must apply for a minimum of 10 units. Applications below this quantity are not accepted, and investors can apply for higher quantities in multiples of the minimum lot size.
The allotment result date for Snow Rivers Limited IPO has not been announced yet. The result will be published soon after the subscription process is completed.
Investors can check the allotment result of Snow Rivers Limited IPO through the following official methods:

Method 1: Check IPO result from MeroShare
  1. Visit meroshare.cdsc.com.np
  2. Login using your DP ID, username, and password
  3. Go to the My ASBA section
  4. Click on Application Report
  5. Select Snow Rivers Limited from the company list
  6. View your share allotment status
Method 2: Check IPO result from CDSC IPO Result Portal
  1. Visit iporesult.cdsc.com.np
  2. Select Snow Rivers Limited from the company dropdown
  3. Enter your BOID number
  4. Enter the captcha code
  5. Click on Submit to check the result
Method 3: Check IPO result from Issue Manager Website
  1. Visit https://sanima.capital/
  2. Select Snow Rivers Limited from the company list
  3. Enter your BOID number
  4. Submit the form to view your allotment status

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.

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