📢 Him Star Urja Company Ltd: General Public IPO Announcement
Him Star Urja Company Limited has officially released its offer letter for a public share issue, as per SEBON and ShareSansar:
🗓️ IPO Dates (Nepali Calendar)
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Subscription period: 24th to 27th Ashad 2082, with potential extension to 6th Shrawan 2082 if not fully subscribed (sharesansar.com).
💰 Shares on Offer
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Public units available: 773,975 shares, face value Rs 100 each (sharesansar.com).
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Overall issue size: 1,119,000 units (30% of total capital = Rs 111.9 million), split into:
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186,500 units to project-affected locals (Okhaldhunga & Solukhumbu)
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93,250 units to Nepalese abroad
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Remaining 773,975 units now for general public (sharesansar.com).
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📍 Issue Manager & Price
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Issue Manager: NIC Asia Capital Limited, located in Thapathali, Kathmandu (sharesansar.com).
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Price: Rs 100 per share (sharesansar.com).
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Minimum application: 10 shares | Maximum application: 10,000 shares (sharesansar.com).
🔌 Sector & Project Info
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Sector: Hydropower, issuing under the “local and general public” category (sebon.gov.np).
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Funds will support the 5 MW Buku Kapati Khola run-of-river project, which is nearing planned completion (based on other ShareSansar details).
✅ Timeline & Contingency
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Issue may close early on 27th Ashad or extended to 6th Shrawan if needed (sharesansar.com).
📊 Secondary Market Listing
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After allotment, shares will list on NEPSE (Nepal Stock Exchange).
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The market price will be determined post-listing by open trading—no current secondary market price exists.
✏️ Summary Table
Detail | Information |
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IPO Dates | 24–27 Ashad 2082 (extendable to 6 Shrawan) |
Public Units | 7,73,975 shares at ₹100 each |
Total Issue | 11,19,000 units (Rs 111.9 million) |
Reserved Units | 186,500 locals; 93,250 foreign Nepalese |
Manager | NIC Asia Capital, Thapathali |
Min/Max Application | 10 / 10,000 shares |
Sector | Hydropower (Buku Kapati Khola project) |
Listing | NEPSE, after allotment |
Secondary Market Price | TBD, once listed |
💡 Why It Matters
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Eco-friendly investment: Supports renewable energy in Nepal.
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Community focus: Prioritizes locals and diaspora before general public access.
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Institutional backing: Managed by NIC Asia Capital, approved by SEBON—this is an official, regulated offering.
🧭 What You Need to Do
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Apply via ASBA using your Demat-linked bank account.
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Choose 10–10,000 shares.
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Submit between 24–27 Ashad, or by 6th Shrawan if IPO is extended.
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Track allotment results and prepare for listing on NEPSE.
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