Nepse Lightning: Nepal's First Pre-IPO Marketplace in Nepal

Apr 9, 2024

Nepal’s private markets have traditionally been opaque, relationship‑driven, and hard to access for everyday investors. High‑growth private companies could raise money only from a small circle of insiders, while most investors saw opportunities only after a company reached the main NEPSE board.

Nepse Lightning was created to change this.

What is Nepse Lightning?

Nepse Lightning is a digital marketplace that helps investors access pre‑IPO and unlisted shares of Nepali companies in a more structured, transparent way. Instead of scattered, informal OTC deals, the goal is to create a single place where:

  • investors can discover vetted private companies,
  • founders can raise capital before a public listing, and
  • both sides get clear information, documentation, and pricing.

We are starting with carefully selected private companies and building the rails for compliant secondary transactions in the future.

Why pre‑IPO and unlisted shares matter in Nepal

In markets like the US, early‑stage and pre‑IPO investing is a known asset class. In Nepal, however, this layer of the capital market is still emerging. That creates both risk and opportunity:

  • Investors who enter only after listing usually pay a premium once the story is obvious.
  • Founders who rely only on bank loans or informal investors often under‑raise and delay growth.

By opening a structured pre‑IPO marketplace, Nepse Lightning aims to:

  1. Broaden access to deals that were previously limited to a small network.
  2. Improve price discovery by bringing more participants and better information.
  3. Increase discipline around disclosures, company profiles, and investor communication.

How the platform works today

We are rolling out the marketplace in stages:

  1. Discovery layer – Investors can browse a small set of companies with basic details: name, ticker, indicative pricing, and a PDF profile.
  2. Profile documents – Each company has a structured profile that outlines the business model, financial highlights (where available), key risks, and basic governance information.
  3. Curated listings – Rather than listing hundreds of names, we focus on a small number of companies where we can maintain a higher standard of information.

Over time, we aim to introduce more features—such as standardized term sheets, investor updates, and eventually secondary liquidity rails—subject to regulation and market readiness.

For investors: what you should know

Pre‑IPO and unlisted investments are high‑risk, illiquid, and long‑term. On Nepse Lightning, our goal is not to remove that risk, but to make it clear and intentional:

  • You should expect limited liquidity and longer holding periods than listed shares.
  • Returns, if any, typically come from a future IPO, strategic acquisition, or buy‑back.
  • Diversification is critical; no single private position should be oversized in a portfolio.

Our role is to give you a better decision surface: consistent documents, clearer explanation of risks, and a more disciplined process than informal OTC chat groups.

For founders: why list on Nepse Lightning?

For Nepali founders, Nepse Lightning is designed to be a bridge between private rounds and a full public listing:

  • Build a track record with a smaller, early investor base.
  • Learn how to communicate with outside shareholders before facing the scrutiny of a main‑board IPO.
  • Access capital from investors who understand the early nature of the risk but want structured exposure.

We also want to reduce the operational friction of raising from many smaller investors by standardizing documentation and workflows.

The long‑term vision

The long‑term vision for Nepse Lightning is simple: a Nepal where ambitious companies do not die because capital markets arrive too late, and where investors can participate in growth before the story is fully priced into a ticker symbol.

We are starting small—one company table, a few profiles, a cautious rollout—but the direction is clear: build the infrastructure for Nepal’s private markets, one disciplined listing at a time.

Nepse Lightning is a digital marketplace designed to give investors early access to Nepal's most promising private companies—before they list on NEPSE. We bring structure, transparency, and accessibility to unlisted and pre-IPO investments, enabling informed participation in high-growth opportunities traditionally reserved for insiders.

© 2025 Nepse Lighting Pvt. Ltd. All rights reserved. Registered in Kathmandu, Nepal.