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.
Related News
The price of gold increased suddenly, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. At the mouth of Haritalika Tij, gold has increased by 1000 200 rupees. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has remained at Rs 3 la...
Farmers line up overnight to sell paddy, rush to government procurement centre
Kailali. Swaroop Chaudhary from Ghodaghodi Municipality-3 here went to Bhajani to sell paddy early on Saturday morning. After the government started buying paddy by fixing the support price of paddy, the sub-centre of the Food Management and...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Tuesday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 48 paisa and the selling rate is 143...
The government has recovered Rs 7,514 crore, more than Rs 5 billion has been deposited in the relief fund.
The Kathmandu. Prime Minister Balen Shah has unveiled the integrated progress report of the government's rescue, relief and rehabilitation work following the devastating flood in the Bhotekoshi River in Rasuwa. In a statement issued in the wake of...
Janakpurdham-Ayodhya special train service being tested
Kathmandu. A special train service from Janakpurdham to India's holy pilgrimage site Ayodhya was tested on Thursday. During the upcoming visit of Prime Minister Balendra Shah to India, preparations have been made to inaugurate the special train se...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. The value of the US dollar has increased according to the fixed exchange rate. The buying rate of one US dollar is 149 rupees 31 paisa and the selling ra...