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
The Euro and Pound fell modestly today as the US Dollar held steady
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, while the US dollar remained stable, the value of European Euro, UK Pound Sterling decr...
The price of gold increased, how much do you need to buy one tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 2 thousand 100 rupees. According to the Nepal Gold and Silver Business Federation, today, per tola is being traded at 3 lakh five thousand 200 rupees. To...
Financial statements of companies applying for IPOs will now be subject to mandatory review
Kathmandu. The Nepal Securities Board has implemented a system to review the financial statements of companies applying for initial public issue IPO through accounting experts. The board has issued the 'Standards for Revision of Financial Statemen...
What is the exchange rate of which foreign currency on Thursday?
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 remained at 143 rupees 36 paisa and the selling rate has remained at 143 rupees 96 paisa....
Nepal's public debt for the first time reached 30 trillion, 45.59 percent of GDP!
Kathmandu. The total public debt of Nepal has exceeded 30 trillion rupees for the first time. According to the Public Debt Management Office, the total public debt of the government has reached Rs. This is 45.59 percent of GDP.
By the end of...
Bhujung Hydropower will issue an IPO to the general public from January 12
Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employmen...