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
Fluctuations in the exchange rate of the dollar and the euro, the value of the currencies of the Gulf countries
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Wednesday. According to the new exchange rate announced by the Central Bank, today the buying rate of one US dollar is 152 rupees 27 paisa and the sel...
The price of petroleum products has increased, how much is the price per liter?
Kathmandu. The prices of petroleum products have been adjusted. Nepal Oil Corporation has adjusted the prices of petrol, diesel and kerosene with effect from today. According to the corporation, the price of petrol has increased by one rupee per l...
Rashtra Bank's request to provide banking services even during Tihar holidays
Kathmandu. Nepal Rastra Bank has requested banks and financial institutions to conduct banking services for customs clearance on days other than Bhaitika. The central bank has written to the banks and financial institu...
The price of gold increased, how much per tola on Thursday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 800 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 284,000 rupees per tola today. The price of 10 grams of gold...
Today, NEPSE increased by a normal number, the turnover fell to 3 billion 22 million
Kathmandu. On the fourth trading day of the week, NEPSE index increased by 1.37 points to 2585.87. During the day, 72 lakh 24 thousand 917 shares of 334 companies were bought and sold, and 3 billion 224 million shares were traded. Today, while the...
Drone attack in Saudi Arabia kills two including one Nepali
Kathmandu. A Nepali and a Filipino citizen have died in a drone attack in Saudi Arabia. One Pakistani and one Indian citizen were injured in the attack. A drone attack targeted Aramco's processing plant in the Saibah oil mining area in the e...