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
Drop in gold prices, how much per tola on Tuesday?
Kathmandu. There has been a huge fall in the price of gold in the Nepalese market. Today, gold has fallen by 3,800 rupees per tola. According to the Nepal Gold and Silver Traders Federation, gold has been fixed at Rs 2...
Today, NEPSE closed down by 13.52 points, trading at 5.23 billion
Kathmandu. On the fourth trading day of the week, NEPSE index decreased by 13.52 points and remained at the point of 2631.17. During the day, 1873 thousand 372 shares of 332 companies were bought and sold, with a turno...
A huge increase in the price of gold, how much is the transaction?
Kathmandu. On the first trading day of the week, the price of gold rose in the Nepali market on Sunday. Today, gold has increased by 9 thousand 500 rupees. Gold which was traded at 2 lakh 91 thousand rupees on Friday is being traded at 3 lakh 500...
About 52 crore relief will be provided to the farmers within a week
Kathmandu. The Department of Animal Services has prepared to provide Rs 52 crore to farmers within a week as compensation for birds and goods destroyed during disease control in 11 districts affected by bird flu. The department has prepared to pro...
Gold prices modestly rise, silver sets new record
Kathmandu. On Wednesday, the price of gold in the Nepali market has increased. Today, the price of gold has increased by Rs 700 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold...
What is the exchange rate of which foreign currency for today?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 150 rupees 74 paisa and the selling rate has been fixed at 151 rupees 34 pai...