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 stock market increased by 33.27 points, turnover above 10 billion
Kathmandu. A significant improvement was seen in the stock market on Wednesday. Today NEPSE index increased by 33.27 points to 2866.87 points, which is an increase of 1.17. In today's trading, when 2 crore 64 lakh 38 thousand shares were bought an...
5 lakh more income in one year from flower farming
Walling. Tulsiram Bhandari of Chapakot Municipality-1 Chowghera in Syangja has been earning five lakhs more in a year from commercial flower farming. He, who is also a former teacher, has been cultivating flowers targeting Dasain and Tihar.
<...
Himali Hydro Fund convened a general meeting to pass the IPO proposal
Kathmandu. Himali Hydro Fund Limited is going to issue an IPO. The company has called the fourth general meeting to pass the IPO issue proposal. The meeting of the company will start from 10 am at the registered office of the company in Kathmandu...
Today, the price of gold increased by Rs 300 per tola
Kathmandu. Today, the price of gold in the Nepalese market has increased by Rs 300 per tola, while silver has increased by Rs 5 per tola. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has been fixed...
What are the foreign currency exchange rates for today?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Wednesday. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 06 paisa and the selling rate is 146 rupees 66 paisa. Similarly...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 144 rupees 37 paisa and the selling rate is 144 rup...