Solu Hydropower IPO to issue from today
-
Media Baaji
- Sun, 23 November 2025
Kathmandu. Solu Hydropower Limited has issued an initial public issue IPO for the local residents of the project-affected areas and Nepali workers who are employed abroad from today on November 7th. The company was allowed to issue 20 percent of the issued capital of 10 billion rupees, i.e. 20 million shares worth 2 billion rupees. Out of which, 1 crore ordinary shares worth Rs 1 billion at Rs 100 per share have been issued targeting the local residents of the project affected areas.
For the IPO, it has been arranged that the application can be made for a minimum of 10 shares and a maximum of 1 lakh shares. The application period for the local residents of the project-affected areas will last until November 21st at the earliest and until January 7th at the latest. For Nepalese who are employed abroad, the earliest date for applying is 10th November and the latest is 21st November.
According to the company, based on the environmental impact assessment report on the project affected, 40 million shares will be distributed to the residents of Solu Dudhkunda Municipality-7 and 11 and Thulung Dudhkoshi Rural Municipality-1 and 60 million shares will be distributed to the local residents of other affected wards.
Express
Related News
Gold prices modestly rise, silver sets new record
Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by Rs 700 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold...
Government's decision to give 50% customs tax exemption on import of petroleum products
Kathmandu. The government has decided to provide a 50 percent discount on customs duty and infrastructure development tax on the importation of petrol, diesel and kerosene. Federal Affairs and General Administration Minister Pratibha Rawal has inf...
Mandatory IT audit system implemented in Nepal Stock Exchange for brokers
Kathmandu. Nepal Stock Exchange NEPSE has issued 'IT Audit Guidelines-2026' to make the digital infrastructure of the capital market safe and reliable and has implemented a mandatory information technology IT audit system for broker companies.
...
All preparations for financial calculations are complete
Kathmandu. The preparations for the second economic calculation have reached the final stage. The National Statistics Office said that enumerators and necessary inspectors have been circulated throughout the country and have reached the relevant a...
Shikhar Power's IPO allotment, 24 lakh 66 thousand applicants empty handed
Kathmandu. Shikhar Power Development Limited opened the sale to the general public from February 17th to 26th, and the IPO was distributed today on March 3rd by Global IME Capital Limited, the sales manager. The company got permission from the Nep...
Juice production after kiwis are not sold
Baglung. The women of Tarakhola rural municipality have started producing kiwi juice. Five years ago, women planted kiwis all over the fields in the village hoping to sell them at a high price, but now they are unable to find a market, so they hav...