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 fell to 2,650 points, trading was limited to 3.77 billion
Kathmandu. On Friday, NEPSE index decreased by 4.05 points and reached 2650 points. As the market continued throughout the day and night, the transaction amount also decreased to Rs 3.77 billion. The previous day, there was a turnover of 4.62 bill...
The supply of cooking gas will be eased within a few days, the ministry's request to avoid hoarding
Kathmandu. The Ministry of Industry, Commerce and Supply has said that the supply of LP gas for cooking in the market will be eased within a few days. In a statement released on Tuesday by the spokesperson of the ministry, Netra Prasad Subedi, it...
Stock market fell sharply, turnover fell to 9 billion
Kathmandu. The stock market fell on Thursday. Today, the NEPSE index decreased by 33.83 points to close at 2,833.03 points, which is a decrease of 1.18 percent. Today, a total of 207 million 43 thousand 884 shares were bought and sold, and the tra...
Determining the limit of internal debt for the next financial year
Kathmandu. The National Natural Resources and Finance Commission has determined the limit of internal debt that can be taken by the union, state and local levels for the next fiscal year 2083, 84. Based on macroeconomic conditions, revenue trends,...
Foreign currency exchange rate set for today
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 150 rupees 87 paisa and the selling rate is 151 rupees 47 paisa. The bu...
BP highway reconstruction is accelerated, 3.2 km road will be constructed through JICA for 2.6 billion
Ramechhap. The remaining road section of the Kavre-Sindhuli section from Piple in Kavre to Barkhekhola in Sindhuli will be constructed in two lanes with the support of Japan International Cooperation Agency (JICA).
Suman Yogesh, Head of Road...