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
Increasing Nepalese access to financial services: significant improvement in the index
Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...
VAT on electricity will be applicable from July 1 only
Kathmandu. The government has made it clear that the value added tax (VAT) imposed on electricity services will only be implemented from July 1. The Internal Revenue Department has said that even if the bill for electricity consumed in the month o...
After the opening of Tatopani and Rasuwagadhi, Korlanaka's business declined
Mustang. After Tatopani and Rasuwagadhi checkpoints came into operation, the import-export trade from Nepal-China North Korlana located in Mustang has decreased. According to the Mustang Customs Office, there are currently very few cargo container...
Today's foreign currency exchange rate: what is the value of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday. According to the new rate determined by the Central Bank, today the buying rate of one US dollar is Rs 151 16 paisa and the selling ra...
Today, NEPSE decreased by a normal number, the turnover fell to 7 billion 49 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 1.64 points to 2681.50. During the day, 1 crore 66 lakh 82 thousand 626 shares of 326 companies were bought and sold, and 7 billion 49 crore 97 lakh shares were traded....
High increase in the price of gold, how much per tola on Sunday?
Kathmandu. There is a high increase in the price of gold in the Nepalese market today. Gold rose by 5,600 rupees in a single day. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 300,000 rupees per tola today.
...