The NRN Development Fund has cleared a major regulatory hurdle to launch an IPO worth approximately Rs. 8.5 billion, with 85% of its total capital to be raised from Non-Resident Nepalis (NRNs). The move marks a significant new development for Nepal’s capital market and aims to channel diaspora capital into productive sectors of the Nepali economy.
Former Nepal Investors Forum Chairman and veteran investor Chhotelal Rauniyar has submitted 15 recommendations to SEBON, calling for lower capital gains tax, market modernization, easier investment access and stronger investor protection.
With the NEPSE index falling to around 2,650 and nearly 18% below its record high of 3,227, SEBON Chairman Dr. Gopal Bhatt has pledged stronger market reforms, investor protection, short selling and intraday trading mechanisms.
Upper Solu Hydro Electric Company Limited (USHEC) has reported an 84.41% year-on-year increase in net profit to Rs. 20.87 crore in Q4 FY 2082/83, supported by lower finance costs despite modest growth in electricity sales revenue.
Tehrathum Power Company Limited (TPC) has reported a 288.40% year-on-year jump in net profit to Rs. 8.93 crore in Q4 FY 2082/83, supported by higher electricity sales revenue and a sharp decline in finance costs.

Snow Rivers Limited (SNORL) has reported a 241.50% year-on-year increase in net profit to Rs. 11.18 crore in Q4 FY 2082/83, supported by a sharp rise in electricity sales revenue.
Makar Jitumaya Suri Hydropower Limited (MAKAR) has reported a strong improvement in profitability in Q4 FY 2082/83, with net profit rising 67.57% to Rs. 7.82 crore. The growth was mainly supported by lower financial expenses and a significant reduction in long-term debt.
Panchthar Power Company Limited (PPCL) has returned to profitability in Q4 FY 2082/83, reporting a net profit of Rs. 8.51 crore compared to a loss of Rs. 6.17 crore in the previous fiscal year. The company’s electricity sales revenue also jumped to Rs. 37.78 crore following the resumption of power generation.
The securities regulator has introduced a long-term roadmap to modernize Nepal’s primary capital market through market-based pricing, institutional participation, digitalization, and stronger investor protection.
The Securities Board of Nepal (SEBON) has formed a high-level task force to improve transparency, efficiency, and investor confidence in the country's primary capital market through regulatory and procedural reforms.
The Securities Board of Nepal has released a consultation paper on margin lending, securities lending and borrowing, and short selling, marking a major step toward modernizing the country's capital market.
Nepal's securities regulator has introduced new financial review standards for IPOs and announced plans to publish a Primary Market White Paper to improve transparency and strengthen investor confidence.