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UPCOMING IPO PIPELINE IN NEPAL 2082 ACCORDING TO SEBON LIST 2025 2026

S.N.SymbolCompanySectorUnitsAmountApplication DateIssue Manager
1ARPCLAarati Power Company LimitedNon Category3,600,000.00360,000,000.002025-02-21Global IME Capital Limited
2AELTDAashutosh Energy LimitedNon Category1,200,000.00120,000,000.002024-06-03NMB Capital Limited
3ACPLAccord Pharmaceuticals limitedOthers706,909.0070,690,900.002022-12-19Global IME Capital Ltd
4ACCLAnnapurna Cable Car LimitedNon Category3,100,000.00310,000,000.002024-01-01Muktinath Capital Limited
5AMHLApex Makalu Hydropower LimitedHydropower2,400,000.00240,000,000.002024-03-31Sanima Capital Limited
6APHLApex Hospitality LimitedOthers2,400,000.00240,000,000.002023-09-29Himalayan Capital Limited
7APPOLOAppolo Hydropower LimitedHydropower1,410,000.00141,000,000.002024-04-02Himalayan Capital Limited
8ASLAmbe Steels LimitedManufacturing and Processing11,192,727.003,391,396,281.002024-10-23Nabil Investment Banking Ltd.
9AKAMAAkama Hotel LimitedHotel & Tourism4,500,000.00225,000,000.002024-07-10Sanima Capital Limited
10BCTLBandipur Cable Car and Tourism LimitedNon Category3,060,000.00306,000,000.002024-06-04Nepal SBI Merchant Banking Limited
11BIMLBarun Investment LimitedInvestment2,475,000.00247,500,000.002024-01-10Global IME Capital Ltd
12BENIBeni Hydropower Project LimitedHydropower2,080,000.00208,000,000.002023-09-22NMB Capital Limited
13BHAIRABBhairabkunda Hydropower LimitedHydropower3,183,280.00318,328,000.002018-10-23Global IME Capital Limited
14BHUGARBHABhugarbha Cement LimitedManufacturing and Processing1,262,500.00126,250,000.002024-08-29Nabil Investment Banking Ltd.
15BJHLBhujung Hydropower LimitedHydropower1,455,000.00145,500,000.002023-08-30Kumari Capital Limited
16BIGILBusiness Interest Group of Industries LimitedNon Category4,500,000.00450,000,000.002024-06-16Kumari Capital Limited
17BLHLBungal Hydro LimitedNon Category2,905,000.00290,500,000.002024-03-19Himalayan Capital Limited
18CELCentury Energy LimitedHydropower300,000.0082,533,000.002024-11-29NIMB Ace Capital Limited
19CPPLChampawati Hydropower LimitedHydropower1,600,000.00160,000,000.002024-10-20RBB Merchant Banking Ltd.
20CDCLChhaya Devi Complex LimitedNon Category1,437,500.00575,000,000.002024-08-18Prabhu Capital Limited
21CBILCitizens Capital Ltd. (Former CBIL Capital )Merchant Bank300,000.0030,000,000.002018-05-02Nepal SBI Merchant Banking Limited
22DMNLDish Media Network LimitedNon Category13,584,955.001,358,495,500.002023-06-27Prabhu Capital Limited
23DMNLDish Media Network LimitedNon Category2,385,929.00238,592,900.002020-07-15Global IME Capital Limited
24ECLEverest Colour LimitedManufacturing and Processing780,000.0039,000,000.002024-12-13Muktinath Capital Limited
25GPDLGaurishankar Power Development LImitedNon Category2,400,000.00240,000,000.002024-04-03Nabil Investment Banking Ltd.
26GISLTDG.I . Solar LimitedNon Category1,363,360.00136,336,000.002025-01-12RBB Merchant Limited
27HABITATHabitat Power Company LimitedHydropower1,100,000.00110,000,000.002024-12-06Muktinath Capital Limited
28HIMRPLHim River Power LimitedHydropower1,330,000.00133,000,000.002024-02-11Siddhartha Capital Limited
29HPHLHim Parbat Hydropower LimitedHydropower5,915,000.00591,500,000.002024-11-20Citizens Capital Limited
30HHELHilton Hydro Energy LimitedHydropower1,375,000.00137,500,000.002024-06-06Sanima Capital Limited
31HAMSHospital For Advanced Medicine & Surgery LimitedNon Category1,125,000.00324,000,000.002023-12-22Muktinath Capital Limited
32HFILHotel Forest Inn LimitedNon Category9,800,000.00980,000,000.002023-11-01NIC Asia Capital Limited
33IMEIME LimitedNon Category1,000,000.00100,000,000.002023-07-14Prabhu Capital Limited
34JAGDAMBAJagdamba Steels LimitedManufacturing and Processing20,070,000.006,021,000,000.002023-10-04Siddhartha Capital Limited
35JELJhapa Energy LimitedHydropower950,475.0095,047,500.002024-06-12Himalayan Capital Limited
36KHSLKailash Helicopter Services LimitedNon Category350,000.00114,450,000.002024-06-11Muktinath Capital Limited
37KHLKalanga Hydro LimitedNon Category4,900,000.00490,000,000.002024-03-19Sanima Capital Limited
38KHPLKalinchowk Hydropower LimitedHydropower750,000.0075,000,000.002024-02-05RBB Merchant Banking Ltd
39LEHCLLower Erkhuwa Hydropower Company LimitedHydropower2,805,750.00280,575,000.002024-02-23Muktinath Capital Limited
40LMLILLiberty Micro Life Insurance LimitedLife Insurance2,250,000.00225,000,000.002024-12-05NIMB Ace Capital Ltd.
41LTPLLaxmi Techno Plast LimitedNon Category1,000,000.00100,000,000.002024-06-03Nepal SBI Merchant Banking Limited
42MAHASHAKTIMahashakti Cement LimitedManufacturing and Processing17,850,857.001,785,085,700.002025-03-10Laxmi Sunrise Capital Limited
43MADAMEMadame Khola Hydropower LimitedHydropower3,250,000.00325,000,000.002024-07-28Muktinath Capital Limited
44MarutiMaruti Cements LimitedManufacturing and Processing11,600,000.004,373,200,000.002024-01-11Nabil Investment Banking Ltd
45MEPDLMount Everest Power Development LimitedHydropower2,580,000.00258,000,000.002024-05-19NIMB Ace Capital Limited
46MGLTDMountain Glory LimitedNon Category4,000,000.00400,000,000.002025-04-08Laxmi Sunrise Capital Limited
47MEWAMewa Developers LimitedNon Category11,200,000.001,120,000,000.002025-02-21Himalayan Capital Limited
48MYHLMyagdi Hydropower LimitedHydropower4,745,000.00474,500,000.002025-04-09NMB Capital Limited
49NBCCLNepal Broadcasting Channel LimitedNon Category1,000,000.0050,000,000.002024-06-03NIMB Ace Capital Limited
50NKHCLNilgiri Khola Hydropower Company LimitedHydropower4,320,000.00432,000,000.002024-08-06Prabhu Capital Limited
51NHHPLNumbur Himalaya Hydropower LimitedHydropower3,006,202.00655,352,036.002024-12-22LS Capital Limited
52ORBITOrbit Energy LimitedHydropower5,000,000.00500,000,000.002025-05-05Kumari Capital Limited
53PCIPLPalpa Cements Industries Private LimitedNon Category7,500,000.00750,000,000.002024-05-05Nabil Investment Banking Ltd.
54PENLPeoples Energy LimitedNon Category6,600,000.00660,000,000.002024-08-07Sanima Capital Limited
55PHLPrabhu Helicopter LimitedNon Category6,125,000.00612,500,000.002025-04-02Muktinath Capital Limited
56PMILProtective Micro Insurance LimitedNon-Life Insurance2,250,000.00225,000,000.002024-10-06NIMB Ace Capital Ltd.
57PUWAPuwakhola -1 Hydropower LimitedHydropower1,946,660.00194,666,000.002024-06-19Laxmi Sunrise Capital Market Ltd.
58RIDDHIRiddhi Siddhi Cement LimitedManufacturing and Processing12,171,500.002,605,918,150.002024-10-04NIMB Ace Capital Limited
59SALAPASalapa Bikas Bank LimitedNon Category1,723,880.00172,388,000.002025-05-06Muktinath Capital Limited
60SDLTDSagar Distillery LimitedManufacturing and Processing792,000.0079,200,000.002024-10-07Muktinath Capital Limited
61SGHLSanigad Hydro LimitedNon Category8,550,000.00855,000,000.002024-03-19LS Capital Limited
62SARVOTTAMSarvottam Paints Industries LimitedNon Category850,000.0085,000,000.002025-03-04
63SEELSeed Energy LimitedNon Category1,598,500.00159,850,000.002024-03-17NMB Capital Limited
64SHAURYAShaurya Cement Industries LimitedManufacturing and Processing15,981,500.004,227,266,565.002023-12-28Nabil Investment Banking Ltd
65SHLTDShivam Holdings LimitedNon Category11,600,000.002,436,000,000.002024-06-11Siddhartha Capital Ltd.
66SPDPLShikhar Power Development LimitedHydropower2,160,000.00216,000,000.002024-04-12Global IME Capital Ltd
67SDLShree Distillery LimitedNon Category960,000.0096,000,000.002024-06-15Prabhu Capital Limited
68SSACULShubhashree Agni Cement Udhyog LimitedManufacturing and Processing20,210,000.002,021,000,000.002025-06-16Machhapuchchhre Capital Limited
69SNPLSiuri Nyadi Power LimitedHydropower30,360,784.003,036,078,400.002024-04-30NMB Capital Limited
70SMARTSmart Doors LimitedNon Category306,000.0030,600,000.002024-04-15Muktinath Capital Limited
71SRLSnow Rivers LimitedNon Category1,625,000.00162,500,000.002024-06-06Sanima Capital Limited
72SFPLSolar Farm LimitedNon Category1,928,572.00192,857,200.002025-04-20Kumari Capital Limited
73SOPLSopan Pharmaceuticals LimitedNon Category1,100,000.00110,000,000.002024-07-14NMB Capital Limited
74SMICLStar Micro Insurance Company LimitedNon Category2,250,000.00225,000,000.002024-11-24NIMB Ace Capital Ltd
75SKHCLSuryakunda Hydro Electric LimitedHydropower1,379,350.00137,935,000.002024-06-18Kumari Capital Limited
76SKHLSuper Khudi Hydropower LimitedHydropower7,595,000.00759,500,000.002024-05-13Global IME Capital Ltd
77TPHSLThamel Plaza Hotel & Suites LimitedHotel & Tourism1,000,000.00100,000,000.002024-11-06Nepal SBI Merchant Banking Limited
78UMKHLUnited Mewa Khola Hydropower LimitedHydropower12,300,000.001,230,000,000.002024-12-26Citizens Capital Limited
79UHYCLUnique Hydel Company LimitedNon Category2,200,000.00220,000,000.002024-05-29Global IME Capital Ltd.
80VARNABASVarnabas Museum Hotel LimitedHotel & Tourism3,960,000.00396,000,000.002025-03-03Himalayan Capital Limited
81RMLRidi Hydropower LimitedHydropower7,420,000.00742,000,000.002023-11-09Muktinath Capital Limited
82RHPLRahughat Hydropower LimitedHydropower2,000,000.00200,000,000.002023-10-25NIBL Ace Capital Limited
83RHEPLRasuwagadhi Hydropower Engineering and Construction LimitedHydropower1,500,000.00150,000,000.002023-12-10Siddhartha Capital Limited
84RDHLRedeem Hydropower LimitedHydropower1,000,000.00100,000,000.002023-12-01Himalayan Capital Limited
85SHTLSiddhartharaj Hospital LimitedNon Category1,000,000.00100,000,000.002023-11-15NIMB Ace Capital Limited
86SWNLSwastik Laghubitta Bittiya Sanstha LimitedMicrofinance500,000.0050,000,000.002023-10-20NIMB Ace Capital Limited
87SHPCSanima Hydro Power Company LimitedHydropower4,000,000.00400,000,000.002023-09-10Sanima Capital Limited
88SGHLSamling Power Company LimitedHydropower1,200,000.00120,000,000.002023-08-25NIBL Ace Capital Limited
89RSGLRural Seva Laghubitta Bittiya Sanstha LimitedMicrofinance600,000.0060,000,000.002023-07-20Nepal SBI Merchant Banking Limited
90SPTLSamaj Sewa Laghubitta Bittiya Sanstha LimitedMicrofinance400,000.0040,000,000.002023-06-30Global IME Capital Limited
91SHELSaurya Himalayan Energy LimitedHydropower2,000,000.00200,000,000.002023-05-15Himalayan Capital Limited
92SRSLSaipal Rural Electrification LimitedHydropower1,000,000.00100,000,000.002023-04-01Sanima Capital Limited

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