Solu Hydropower will issue IPO from November 7th
-
Media Baaji
- Fri, 14 November 2025
Kathmandu. Solu Hydropower Limited is going to issue the first phase of IPO for the local residents affected by the project and the Nepalese who have gone for foreign employment from the coming 7th of November. The company has received permission from the Nepal Securities Board on November 24 to issue a total of 20 million IPO shares at a rate of Rs 100 per share. Out of which, in the first phase, 10 million shares are going to be issued to project affected people and 1 million shares to Nepalis who have gone for foreign employment.
Out of the 10 million units allotted to the project affected people, 4 million units have been allotted to the residents of Solu Dudhkunda Municipality Ward No. 7 and 11 of Solukhumbu and Thulung Dudhkoshi Rural Municipality Ward No. 10, and 600 million units have been allocated to the residents of Salu Dudhkunda Municipality and other wards of Thulung Dudhkoshi Rural Municipality apart from the affected area 9.
While applying for the first phase of IPO, it has been arranged that the application should be made for a minimum of 10 shares, while the application can be made for a maximum of 1 lakh shares. Nepalese who are employed abroad should apply by November 10th and those affected by the project by November 21st. However, if the application is not received as per the demand, the period of foreign employment may be extended till November 21st and project affected till January 7th.
Express
Related News
5.15 points decline in NEPSE, turnover of 3.89 billion
Kathmandu. On the first trading day of the week, the NEPSE index decreased by 5.15 points to 2540.57. During the day, 337 companies bought and sold 7.957 thousand 56 shares, with a turnover of 3.89 billion shares. Toda...
An increase of 4.59 points in NEPSE, the turnover is 4.9 billion
Kathmandu. On the fifth or last trading day of the week, NEPSE index increased by 4.59 points to 2640.54. During the day, 104 million 31 thousand 760 shares of 328 companies were bought and sold, resulting in a turnover of 4 billion 908 million sh...
Real estate business decreased in January, revenue collection of 5.9 billion
Kathmandu. In the month of January, the shipping offices across the country have collected 5 billion 9 lakh 24 thousand revenue. 5.17 billion 32 million revenue was collected in January, but it has decreased slightly in January. According to the D...
Bhujung Hydropower will issue an IPO to the general public from January 12
Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employmen...
The price of gold increased, how much did it reach per tola?
Kathmandu. The price of gold increased on Sunday. According to the Nepal Gold and Silver Traders Federation, today the price of gold has increased by Rs 2,300 per tola.
Along with this, on Sunday, the price of Chhapawal gold has remain...
The construction company's commitment to complete Kamala Bridge within three months
sirah After the physical infrastructure and transport minister Kulman Ghisingh's on-site inspection and instructions, the construction company has committed to complete the unfinished Kamala bridge connecting Dhanusha...