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 Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 145 rupees 28 paisa and the selling rate is 145 rupees 88 paisa. Similarly,...
The oil tanker turned back midway when the Hormuz waterway was completely closed
Kathmandu. After the cease-fire between the United States and Iran, the situation worsened again, and Iran has completely closed the Strait of Hormuz waterway, which is considered important for oil imports. Iran has taken this step in response to...
The value of the American dollar, pound and dinar increased, the Australian dollar and the euro decreased!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Today, the exchange rate of foreign currencies including the US dollar, pound, Kuwaiti dinar and Bahraini dinar increased. However, the value of some cu...
Do not take immediate budget for the operation of Hetauda textile industry: Minister Gauri Kumari
Look around. Industry, Commerce and Supply Minister Gauri Kumari Yadav has said that the Hetauda textile industry, which has been closed for a long time, will be operated immediately without additional budget from the Ministry of Finance. Minister...
Dollar, Euro and Saudi Riyal fluctuations: see what is the exchange rate of which currency today?
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 153 rupees 28 paisa and the selling rate is 153 rupees 88 paisa.
Si...
Solu Hydropower's IPO will be distributed next week
Kathmandu. The IPO of Solu Hydropower Limited will be distributed only next week. Nabil Investment Banking Limited and Himalayan Capital Limited as sales managers have informed that they are working to distribute the IPO only.
In the company...