7,78,125 units of Snow Rivers Limited shares are now open for public subscription at Rs 100 per share. The IPO opens on 29th Baisakh 2083 and closes on 1st Jestha 2083. Here is your complete guide to apply Ipo of Snow Rivers Limited before it’s too late.
The Snow Rivers Limited IPO closes on 1st Jestha 2083. The extended last closing date is 12th Jestha 2083. Do not miss your window.
What is the Snow Rivers Limited IPO 2083?
Snow Rivers Limited has launched its Initial Public Offering (IPO) for the general public, offering 7,78,125 units (Kitta) of ordinary shares at an issue price of Rs 100 per share. The IPO is managed by Sanima Capital Limited, one of Nepal’s prominent merchant banking and issue management firms, headquartered at Naxal, Kathmandu.
This is the opening day of the IPO — 29th Baisakh, 2083 BS. The subscription window remains open until 1st Jestha, 2083, with an extended last closing date of 12th Jestha, 2083, for those who may miss the initial window.
IPOs in Nepal are regulated by the Securities Board of Nepal (SEBON). They are available to all eligible Nepali citizens who hold a valid DEMAT account with CDS and Clearing Limited (CDSC). Applications are processed through the ASBA (Application Supported by Blocked Amount) system.
Complete IPO details at a glance
| Company name | Snow Rivers Limited |
| IPO type | Initial Public Offering (General public) |
| Total units offered | 7,78,125 Kitta (units) |
| Issue price | Rs 100 per Kitta (face value) |
| Minimum application | 10 Kitta (Rs 1,000) |
| Maximum application | 1,000 Kitta (Rs 1,00,000) |
| IPO opening date | 29th Baisakh, 2083 BS (Today) |
| IPO closing date | 1st Jestha, 2083 BS |
| Last closing date | 12th Jestha, 2083 BS |
| Issue manager | Sanima Capital Limited |
| Issue manager address | Naxal, Kathmandu, Nepal |
Who can apply for the Snow Rivers Limited IPO?
The Snow Rivers Limited IPO is open to the general public — which means any Nepali citizen who meets the following basic requirements is eligible to apply:
You must hold an active DEMAT account registered with CDS and Clearing Limited (CDSC). You must have a linked bank account with an ASBA-enabled bank in Nepal. Minors may also apply through a guardian-linked DEMAT account. Each applicant may submit only one application; duplicate applications are automatically rejected.
How to apply for Snow Rivers Limited IPO — step by step
Option A — Apply online via MeroShare (recommended)
- Log in to your MeroShare account at meroshare.cdsc.com.np using your DEMAT credentials.
- Go to Apply for IPO and search for Snow Rivers Limited from the active IPO list.
- Enter your desired quantity — minimum 10 Kitta, maximum 1,000 Kitta — and confirm the total amount.
- Select your ASBA-linked bank account and confirm the bid. The application amount is blocked (not debited) until allotment.
- Save your confirmation receipt for allotment result verification.
Option B — Apply through your bank branch
- Visit any ASBA-enabled bank branch and request an IPO application form for Snow Rivers Limited.
- Fill in your BOID (DEMAT number), desired Kitta, and bank account details.
- Submit the form. The bank will block the required amount in your account.
Issue manager — in person applications
Sanima Capital Limited · Naxal, Kathmandu, Nepal · Open from 29th Baisakh to 1st Jestha 2083
About Snow Rivers Limited
Snow Rivers Limited is a company incorporated in Nepal and regulated under the Companies Act. With this IPO, it joins the growing list of companies listed on the Nepal Stock Exchange (NEPSE), giving retail investors an opportunity to participate in its growth from the ground floor at the face value of Rs 100 per share.
Investors interested in Snow Rivers Limited’s business profile, financials, and prospectus are encouraged to read the official IPO prospectus filed with SEBON, available through Sanima Capital Limited or the SEBON website.
Frequently asked questions (FAQ)
Q1. When does the Snow Rivers Limited IPO open and close?
The Snow Rivers Limited IPO opens on 29th Baisakh, 2083 BS and closes on 1st Jestha, 2083 BS. The last extended closing date is 12th Jestha, 2083 BS.
Q2.What is the issue price of Snow Rivers Limited IPO?
The issue price is Rs 100 per Kitta (face value). This is the price at which every eligible applicant applies for the shares.
Q3.What is the minimum and maximum application for Snow Rivers Limited IPO?
The minimum application is 10 Kitta (Rs 1,000) and the maximum is 1,000 Kitta (Rs 1,00,000) per applicant.
Q4.How many units are offered in Snow Rivers Limited IPO?
A total of 7,78,125 units (Kitta) are being offered to the general public through this IPO.
Q5.Who is the issue manager for Snow Rivers Limited IPO 2083?
The issue manager is Sanima Capital Limited, located at Naxal, Kathmandu, Nepal.
Q6.Can I apply for Snow Rivers Limited IPO through MeroShare?
Yes. Applicants with an active DEMAT account can apply online via MeroShare (meroshare.cdsc.com.np) or through any ASBA-enabled bank branch in Nepal.
QWhat is the last date to apply for Snow Rivers Limited IPO?
The regular closing date is 1st Jestha 2083. The last extended closing date is 12th Jestha, 2083 BS.