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
What is the exchange rate of which foreign currency on Tuesday?
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 146 rupees 6 paisa and the selling rate is 146 rupees 66 paisa.
The b...
The price of petrol and diesel increased!
Kathmandu. Nepal Oil Corporation has increased the price of petroleum products. The corporation has increased the price of petroleum products. According to the corporation, the prices of petrol, diesel, kerosene and jet fuel have been increased wi...
High increase in gold prices, how much per tola on Friday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola increased by 5 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 292,000 rupees per tola today.
On th...
Snow Rivers has received approval from the Securities and Exchange Board for the IPO issue
Kathmandu. Snow Rivers Limited has received permission from Nepal Securities Board for IPO issue. The board has given permission to the company for the IPO issue on Sunday, January 18th. With the permission of the board, Snow Rivers will now...
Most of the commercial banks have reduced the interest rate for the month of February, how much?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...
Sopan Pharmaceuticals IPO allotment, 3 lakh 47 thousand got shares
Kathmandu. Sopan Pharmaceuticals Limited has distributed the IPO issued to the general public. The sales manager, NMB Capital Limited, distributed the IPO this morning. The company had opened the IPO sale of 34 lakh 74 thousand 900 shares to the g...