Mount Everest Power Development Limited Opens IPO for General Public from Ashad 3, 2083

About Mount Everest Power Development Limited:

Mount Everest Power Development Limited which is also known as MEPDL was established on Kartik 30, 2071 as a private company and later on Ashad 27, 2080 it was converted into a public company. The central office of a company is located at Mahalaxmisthan, Lalitpur.

Mount Everest Power Development is the developer of 12 MW Dudhkhunda Khola Hydropower Project. This hydropower project is a run-of-river hydropower project. This project is situated in Solukhumbu District. MEPDL has begain its commercial operation on Shrawan 16, 2081 BS and this company supplies electricity to Nepal’s national grid under a power purchase agreement with the NEA.     

1.Mount Everest Power Development Limited IPO Details:

Mount Everest Power Development Limited (MEPDL) has officially opened its Initial Public Offering (IPO) for general public from Ashadh 3, 2083 (2026/6/17). MEPDL is issuing 14,27,600 kitta shares at a face value of Rs. 100 per share. MEPDL IPO is scheduled to close on Ashadh 8, 2083 (2026/6/22), although the issue period may be extended until Ashadh 17, 2083 if the offering isn’t fully subscribed with the initial period. 

MEPDL has issued capital at Rs. 86 crores, of which 25,80,000 shares i.e 30% has been allotted for a public participation. Earlier 8,60,000 shares i.e 10% were distributed to to project affected locals of a solukhumbu disctrict, while 17,20,000 shares i.e 10% is for a general public and remaining 1,72,000 unit share i.e 10% from 17,20,000 share were reserved for Nepali citizens working abroad. In additional to this of the general public issues 34,400 shares have been allocated for the company employees and 86,000 shares have been set aside for mutual funds.

Remaining 14,27,600 shares are now available for the general public from 2083/3/3. NIMB Ace Capital Limited has been appointed as the issue manager for the IPO. Interested investors can apply for a minimum of 10 kitta shares and a maximum of 10,000 shares kitta through the approved application channels.

2.   Credit Rating:

CARE Ratings Nepal Limited (CRNL) has said that Mount Everest Power Development Limited (MEPDL) is still at the rating. They have a rating of CARE-NP BB+, for paying back money they owe over a time. This means that Mount Everest Power Development Limited has a chance of not paying back their debts on time.

Mount Everest Power Development Limited also got a rating of CARE-NP A4+ for short term loans. This rating means that Mount Everest Power Development Limited is pretty safe when it comes to paying back money they owe in a time.

3.   How to Apply for the MEPDL IPO:

·        Log in to your Mero Share account.

·        Select the My ASBA option.

·        Choose Mount Everest Power Development Limited (MEPDL) from the IPO list.

·        After that enter the number of shares you wish to apply for (minimum 10 shares and maximum 10,000 shares).

·        Select your bank account, and keep CRN and submit the application.

·        Verify the details and confirm the application.

After the IPO allotment process is completed, investors can easily check their allotment status online using their BOID number. If you are unsure about the process, read our detailed guide on

How to Check IPO Results in Nepal for step-by-step instructions and helpful tips.

Explore our nepinsights for the latest IPO updates, stock market news, business trends, travel stories, and other useful articles.