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Mount Everest Power to issue Rs 258 million IPO

himalaya Diary News Service by himalaya Diary News Service
April 22, 2026
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Mount Everest Power to issue Rs 258 million IPO
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Mount Everest Power Development is set to launch its IPO from April 30, issuing 2.58 million shares worth Rs 258 million, equivalent to 30% of its issued capital. The initial offering includes allocations for Solukhumbu locals and Nepali workers abroad. Investors can apply for a minimum of 10 units at Rs 100 per share, with NIMB Ace Capital managing the issue.

 

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