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
Gold price declines, how much per tola on Sunday?
Kathmandu. The price of gold has decreased in the Nepali market today. Gold has fallen by Rs 1,000 per tola. According to the Nepal Gold and Silver Dealers' Federation, gold is being bought and sold today at Rs 295,100 per tola.
Meanwhile, t...
Appointment of new leadership in the Federation of Transport Professionals, demand to stop uncontrolled foreign vehicles
Kathmandu. The newly elected Central Executive Committee of the National Federation of Nepal Transport Professionals has formally taken charge. A new working committee was installed in a special ceremony held in the capital. The chief guest of the...
Here is today's foreign currency exchange rate
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. The fixed exchange rate is set at the buying rate of one US dollar at 148 rupees 67 paisa and the selling rate at 149 rupees 27 paise.
The buying r...
Imports of LP gas fell by 40.8 percent in a single day, only 128,332 cylinders were imported on August 26.
Kathmandu. There has been a significant decline in the daily import of LP gas in Nepal. According to the data of the Customs Department under the Ministry of Finance, the total import of LP gas on August 26 has decreased by 40.8 percent compared t...
NEPSE increased by 8.81 points, turnover of 3.72 billion
Kathmandu. On the last trading day of the week, the stock market increased by 8.81 points on Thursday. With this increase, the NEPSE index has reached 2,651.21 points. According to the Nepal Stock Exchange, shares worth 3.72 billion rupees were tr...
Here is the foreign currency exchange rate for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to which, the buying rate of one American dollar is fixed at 152 rupees 25 paisa and the selling rate is 152 rupees 85 paisa.
The buying r...