For Shareholders & Investors
Investor Relations
Information for shareholders and future investors in K.B.N.R Isuwa Power Limited, including the progress of our planned initial public offering (IPO).
Initial Public Offering
Our Journey to an IPO
K.B.N.R Isuwa Power Limited plans to offer shares to the public. The company has applied to the Electricity Regulatory Commission (ERC) for approval of the share issue. This page will be updated at every step, from approval to listing on the Nepal Stock Exchange.
Going public is a step-by-step process. Each stage, from ERC approval to listing on the Nepal Stock Exchange, depends on reviews and approvals by the regulators, so the full process takes time. Dates will be announced here as each step is confirmed.
Next stepERC approval
-
Application to the Electricity Regulatory Commission (ERC)
Applied for ERC approval to issue shares to the public.
-
ERC approval
-
Credit rating of the issue
Rating by a credit rating agency licensed by SEBON.
-
Issue manager appointed
-
Underwriting agreement
-
Application to the Securities Board of Nepal (SEBON)
-
SEBON approval and prospectus published
-
Share issue for project-affected locals
-
Share issue for the general public
-
Allotment and listing on NEPSE
Appointments
Issue Manager, Underwriters & Registrar
Companies appointed to manage, underwrite and register the share issue.
-
Pending
Issue Manager
To be appointed
-
Pending
Underwriter(s)
To be appointed
-
Pending
Share Registrar (RTS)
To be appointed
-
Pending
Credit Rating Agency
To be appointed
Notices & Documents
Announcements for Investors
Official notices about the share issue will be published here, as well as in national newspapers and on the SEBON website.
Investor FAQs
Questions About the IPO
Investor Contact
For questions about the share issue or your shareholding, please contact our office.
Send a message01When will the IPO open?
The opening date will be announced after the share issue is approved by the Securities Board of Nepal (SEBON). It will be published on this page, in national newspapers and on the issue manager’s website.
02How long will the process take?
It takes time. After ERC approval, the issue has to be rated, an issue manager and underwriters appointed, and the prospectus approved by SEBON before shares can be offered, allotted and listed on NEPSE. Each step depends on the regulators’ review, so we will announce dates on this page as they are confirmed.
03Who can apply?
Shares are usually offered first to residents of the project-affected area and then to the general public. The exact quotas and who qualifies will be set out in the prospectus approved by SEBON.
04How do I apply?
Applications in Nepal are made online through MeroShare (CDSC) or through the ASBA service of your bank. You need a Demat account and a MeroShare login before the issue opens.
05Where can I read the prospectus?
Once SEBON approves the issue, the prospectus will be available under Notices & Documents on this page and from the issue manager.
06Who can I contact with questions?
Please use the investor contact details on this page.
The information on this page is for general information only. It is not an offer or an invitation to buy shares. Shares will be offered only through the prospectus approved by the Securities Board of Nepal (SEBON); please read the prospectus before applying.