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
Stock market of the week: NEPSE increased on all five days of trading
Kathmandu. In the stock market this week, the NEPSE index, which measures stock trading, has risen for five consecutive days. From Sunday to Thursday, the overall market index increased by more than four decimal points...
An increase of 16.67 points in NEPSE, the turnover is limited to 2.79 billion
Kathmandu. On Sunday, the last trading day before Tihar, the stock market NEPSE index rose by 16.67 points to 2503.85. 6.199 thousand shares of 323 companies were bought and sold in NEPSE on this day, with a turnover o...
Today's foreign currency exchange rate: What is the value of major currencies including the dollar, euro and pound?
Kathmandu. Nepal Rastra Bank has fixed the foreign currency exchange rate for today. According to the Central Bank, today the buying rate of one US dollar is fixed at 152 rupees 80 paisa and the selling rate is 153 rupees 40 paisa.
Similarly...
An increase of 27.19 points in NEPSE, turnover above 11.58 billion
Kathmandu. On the fifth trading day of the week, the NEPSE index increased by 27.19 points to 2708.70. Today, 35.55 million 74 thousand 627 shares of 326 companies were bought and sold, and 11.58 billion 28 million shares were traded. Today, while...
The fall in the price of gold, how much has it reached now?
The Kathmandu. The price of gold has fallen in the Nepali market today. The gold is worth Rs 2,400. According to the Federation of Nepal Sunchandi Traders, gold is being traded at Rs 3.66 lakh per tola today. Today, the price of 10 grams of gold i...
NEPSE closed down with a normal score, turnover of 4.68 billion
Kathmandu. On the fifth or last trading day of the week, the NEPSE index decreased by 0.93 points and remained at 2560.15. During the day, 1449,496 shares of 328 companies were bought and sold, resulting in a turnover...