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
This is the exchange rate of foreign currency on Sunday
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Sunday. According to the National Bank, the buying rate of one US dollar has been fixed at 141 rupees 56 paisa and the selling rate is...
Study report of Kerung-Kathmandu railway line prepared
Kathmandu. The Chinese side is going to submit the feasibility study report of the long-awaited Kathmandu-Kerung inland electric railway connecting Nepal and China within the next one and a half months. In a presentation held at the Ministry of Ph...
Federation's objection to industrialists' strike and preparation for power cut
Kathmandu. Federation of Nepal Chamber of Commerce and Industry (FNCCI) has expressed serious concern about the preparations to cut the power lines of the industries within the industrial area run by the Industrial Zone Management Limited and crea...
The price of gold and silver increased, how much per tola?
Kathmandu. The price of gold and silver has increased in the Nepalese market. Today, the price of gold has increased by 4 thousand 300 rupees per tola. According to the Nepal Gold and Silver Traders Federation, the price of gold in Chapawal has re...
Nabil Bank won the Trishuli hydropower case in the Chinese court
Kathmandu. Nabil Bank Limited has succeeded in the case related to the counter guarantee of the Trishuli Hydropower Company Limited project in the Chinese court. Nabil Bank said that after the Chongqing Higher People's Court of China ruled in favo...
Salt Trading Corporation to distribute 10 percent dividend
Kathmandu. Salt Trading Corporation is going to distribute 10 percent dividend. The company has announced that it will distribute the dividend to its shareholders from the profit of the last financial year. In which the company is going to distrib...