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
Gold price increased on Friday, how much per tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 296,900 rupees per tola today. Today, the price of...
Richet Hydro to issue IPO to public, appoint RBB Merchant Banking as sales manager
Kathmandu. Upper Richet Hydropower Pvt Ltd has prepared to issue IPO for general public. The company has appointed RBB Merchant Banking Limited as the issue and sales manager. The agreement was signed by the executive chairman of the company, Anan...
1900 cooperatives in Kathmandu metropolis, half of them do not submit reports
Kathmandu. About 1,900 cooperatives are operating within the Kathmandu Metropolitan City. Even 50 percent of the operating cooperatives do not submit reports regularly. The fact that there are more cooperatives that do not report regularly means t...
Gold prices fell modestly, while silver rose
Kathmandu. On Thursday, the price of gold in the Nepalese market has decreased. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has decreased by Rs 100 per tola to Rs 3 lakh 6 thousand 500 per tola. Earlier on...
Continued decline in gold prices, how much per tola on Thursday?
Kathmandu. Recently, the price of gold in the Nepalese market has been continuously falling. Gold tola decreased by 1 thousand 800 rupees. According to the Nepal Gold and Silver Business Federation, gold is being bought and sold at 292,700 rupees...
A decline of 4.98 points in NEPSE, the turnover decreased by 3 billion 77 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 4.98 points to 2561.08. During the day, 83 lakh 88 thousand 373 shares of 338 companies were bought and sold. Today, while the share price...