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
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. The fixed exchange rate is fixed at the buying rate of one US dollar at 148 rupees 52 paisa and the selling rate at 149 rupees 12 paise. Similarly, the bu...
What is the exchange rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 144 rupees 47 paisa and the selling rate is 145 rupees 38 paisa. Similarly,...
Petrol and diesel prices stable
Kathmandu. Nepal Oil Corporation has decided to continue the retail sale price of petroleum products. Despite receiving the new purchase price from Indian Oil Corporation (IOC), the Board of Directors' meeting held on Monday decided not to change...
17 construction companies blacklisted, public projects banned
Kathmandu. The government has decided to blacklist 17 construction companies. The Public Procurement Monitoring Office under the Office of the Prime Minister and Council of Ministers issued a public notice on Thursday...
What is the exchange rate of which foreign currency on Wednesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the fixed exchange rate, the buying rate of one US dollar is 150 rupees 97 paisa and the selling rate is 151 rupees 57 paisa. Similarly, the...
The price of gold rose sharply, now how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 3 thousand 400 rupees. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has remained at Rs 3 lakh five thousand 800...