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
Extension of Pokhara-Muglin road affected due to non-removal of electricity poles
Kathmandu. The construction of the Pokhara section under the Pokhara-Muglin road project has been affected due to the non-removal of the poles of the 11 kV dedicated power line taken to the Pokhara International Airport. Due to the non-removal of...
9.23 points increase in NEPSE, turnover above 9 billion
Kathmandu. On the second trading day of the week, the NEPSE index increased by 9.23 points to 2714.61. During the day, 10.9 million 75 thousand 756 shares of 332 companies were bought and sold, and 9 billion 73.39 million shares were traded. Today...
Instructions to the Insurance Authority to submit a report within 10 days of the questions raised in the Finance Committee
Kathmandu. The Insurance Authority has been instructed to submit the questions raised in the Finance Committee with a report within 10 days. The chairman of the committee gave this instruction in today's discussion.
Insurance Authority Chair...
50 thousand shares of Nepal Life in the auction, everyone can buy
Kathmandu. Nepal Life Insurance Company Limited has auctioned 50,000 shares of the founder group. The company has put the shares in auction so that any interested and qualified person, company, organization can buy them.
The minimum price pe...
The market is full of people for Janaipurnima!
Kathmandu. Aiming at Janaipurnima, which falls on 12th of August, jaai are kept for sale in the market. For Janaipurnima, various shapes and types of janai are decorated in shops.
Due to unseasonal rains, paddy production will decrease by 3 lakh metric tons
Kathmandu. Due to the damage caused to the agricultural sector due to the rains this year, it is predicted that the production of rice will decrease by five percent. According to the analysis done by the Ministry of Agriculture and Livestock Devel...