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 price of gold continues to rise, how much per tola on Friday?
Kathmandu. The price of gold has increased in Nepali market. Gold tola has increased by 3 thousand 300 rupees. On the previous day too, the price of gold had increased by Rs 9,300. According to the Federation of Nepal Gold and Silver Traders, toda...
Real estate transactions in Bagmati state are falling, revenue collection is down by 23.6 percent
Kathmandu. A study report has shown that revenue has been affected due to continuous decline in real estate transactions in Bagmati province. According to the economic activity study report published by Nepal Rastra Bank, it has been seen th...
The price of gold and silver increased, how much did it reach per tola?
Kathmandu. The price of gold and silver has increased in Nepali market. According to the Federation of Nepal Gold and Silver Traders, the price of gold remained at 317,000 rupees per tola on Tuesday. According to the federation, the price of 10 gr...
In the construction of the building, bribes and employees including the engineer in the trap of the authority
Biratnagar. The Commission for Investigation of Abuse of Authority has arrested three persons in connection with bribery related to building construction in Dhankuta and Bhojpur districts. According to the authority, engineer Suman Rai, accounting...
The price of gold increased, while that of silver decreased
Kathmandu. The price of gold has increased in the Nepali market, while the price of silver has generally declined. According to the rate published by the Nepal Gold and Silver Traders Federation for Monday, the price of gold has increased compared...
Double-digit decline in the stock market, turnover also decreased
Kathmandu. There was a double-digit decline in the stock market on Thursday. On this day, the NEPSE index decreased by 19.67 points and stood at 2601.92 points. As the NEPSE index fell, the turnover also decreased compared to Wednesday. On the pre...