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
IPO allocation of Bhujung Hydropower, 83 thousand got shares
Kathmandu. Bhujung Hydropower Limited has completed its IPO allotment to the general public. Sales manager Kumari Capital Limited has allotted the IPO today at 9 am on Tuesday. The company issued a total of 830,000 IPO shares to the general public...
Courage Energy and NRN Infrastructure have applied to the Securities and Exchange Board to issue 100 percent rights.
Kathmandu. Two companies have sought permission from the Nepal Securities Board to issue rights. Courage Urja Limited and NRN Infrastructure Development Limited have applied to the board demanding issuance of rightful shares at 100 percent rate.&n...
Here is today's foreign currency exchange rate
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 153 rupees 76 paisa and the selling rate is 154 rupees 36 paisa.
The...
A decline of 27.64 points in NEPSE, limited to 5.15 billion
Kathmandu. On the third trading day of the week, the stock market NEPSE index fell by 27.64 points to 2595.24. In NEPSE, 134 lakh 3 thousand 898 shares of 322 companies were bought and sold on this day, and over 5.15 b...
Abolition of excise duty on 360 items, huge increase in alcohol, junk food and energy drinks
Kathmandu. The government has made extensive changes in various tax rates through the Economic Bill 2083. Presenting the budget for the next fiscal year 2083, 84, Finance Minister Swarnim Wagle informed that the excise duty levied on 360 different...
The price of gold increased, how much per tola on Sunday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 1 thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 3 lakh 1000 rupees per tola today.