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
Expensive gold price, how much per tola on Wednesday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 4 thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 288,000 rupees per tola today. Today, the price...
Heavy damage to power sector due to Bhotekoshi flood, 12 projects of 431 MW closed
Kathmandu. About 10 percent of the country's total power generation capacity has been affected due to the floods in the Bhotekoshi River in Rasuwa. After the floods caused great damage to power generation, transmission and distribution structures,...
What is the exchange rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Thursday. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 83 paisa and the selling rate is 145 rupees 43 paisa. Similarly, the...
Foreign currency exchange rates set for today
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 151 rupees 63 paisa and the selling rate is 152 rupees 23 paisa. The buying rat...
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...
The price of gold fell again, how much per tola on Friday?
Kathmandu. Recently, the price of gold in the Nepalese market has been continuously falling. Gold has decreased by two thousand 200 rupees per tola today. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at...