Snow River Limited (SNORL) IPO
Snow River Limited (SNORL) is issuing 778,125 units of ordinary shares at NPR 100 each, in the Hydro Power sector. The issue opens May 12, 2026 and closes May 15, 2026 at 5:00 PM.
IPO Details
| Company | Snow River Limited |
|---|---|
| Stock symbol | SNORL |
| Sector | Hydro Power |
| Share type | Ordinary |
| Price per unit | NPR 100 |
| Issue size | 778,125 units (NPR 77,812,500) |
| Application | Min 10, max 1,000 units |
| Opening date | May 12, 2026 (BS 2083-01-29) |
| Closing date | May 15, 2026 (BS 2083-02-01) |
| Issue manager | Sanima Capital Limited |
| Rating | [ICRANP-IR] BB+ |
| Fiscal year | 2082/2083 BS |
| Status | Closed |
How to apply for the SNORL IPO
Applications are submitted online through Mero Share (you need a Demat account, a Mero Share account and a bank CRN). In Mero Share, open My ASBA → Apply for Issue, select Snow River Limited, enter the number of units (minimum 10) and your CRN, and submit — the amount is blocked in your bank until allotment. Full walk-through in our Mero Share application guide.
Frequently Asked Questions
When does the Snow River Limited IPO open and close?
The Snow River Limited (SNORL) IPO opens on May 12, 2026 and closes on May 15, 2026 at 5:00 PM. Always confirm on the official issue notice before applying.
How much do I need to apply for the SNORL IPO?
Shares are priced at NPR 100 each with a minimum application of 10 units, so roughly NPR 1,000. Apply through Mero Share; the amount is blocked in your bank until allotment.
How do I apply for the SNORL IPO?
Log into Mero Share, open "My ASBA" → "Apply for Issue", select Snow River Limited, enter your units and CRN, and submit. See our step-by-step Mero Share guide for details.