Snow River IPO Opens Today; Should You Invest in This Hydro? Take a Closer Look
Summary
Snow Rivers Limited, a fully operational 13.5 MW hydropower project in Taplejung, Nepal, has opened its IPO on May 12, 2026, offering shares at Rs. 100 each. The company recently upgraded its credit rating to BB+ indicating moderate risk and shows promising financial growth post-construction phase.
Key Points
- Snow Rivers Limited operates the 13.5 MW Super Kabeli Khola A Hydropower Project in Taplejung, Nepal.
- The company began selling electricity to Nepal's national power grid in late 2024 after completing construction.
- Snow Rivers Limited's IPO opened on May 12, 2026, with shares priced at Rs. 100 and has an upgraded credit rating of BB+ from ICRA Nepal.
- The company is financially healthy, transitioning from construction to active electricity generation, with expected growth in earnings and net worth.
