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
Normal point increase in NEPSE, turnover fell to 3.42 billion
Kathmandu. On the third trading day of the week, the NEPSE index increased by 3.27 points to 2584.49. During the day, 7668 thousand 915 shares of 328 companies were bought and sold. Today, while the share price of 134 companies increased, the shar...
Re-operation after five months at Satighat of Arun river
Bhojpur. The Arun river ferry service at Satighat, which connects Bhojpur and Sankhuwasabha from the north, has resumed operation after six months. The ferry, which has been closed since last May due to rain, has been brought back into operation f...
The price of gold and silver decreased on Friday, how much is the transaction per tola?
Kathmandu. In the local market today, the price of gold has decreased by Rs 5,900 per tola, while the price of silver has decreased by Rs 110 per tola. According to the Nepal Gold and Silver Traders Association, the gold price per tola was Rs.283,...
What is the foreign currency exchange rate for Monday?
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 been fixed at 142 rupees 88 paisa and the selling rate is 143...
New payment gateway launched by NMB Bank for Digital Nepal
Kathmandu. NMB Bank, in collaboration with Nepal Clearing House Limited, has launched a card-based online payment gateway to simplify and secure digital transactions across the country. This new service will greatly he...
NEPSE fell by 27.59 points, trading fell to 6.69 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 27.59 points and remained at the point of 2614.55. During the day, 1 crore 59 lakh 89 thousand 430 shares of 324 companies were bought and sold, and 6 billion 69 crore 9...