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
The price of gold decreased, how much per tola on Tuesday?
Kathmandu. The price of gold in the Nepali market has decreased today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 283,800 rupees per tola today. The price of 10 grams of g...
DDC to Purchase More Than 60,000 Litres of Milk Daily from Small Farmers: Tripartite Agreement Signed
Kathmandu: A tripartite agreement has been signed between the National Cooperative Federation for Agriculture, Sana Kisan Bikas Laghubitta Bittiya Sanstha Ltd., and the Dairy Development Corporation (DDC) to purchase and sell more than 60,000 litr...
Gold and silver prices are falling, how much is the transaction?
Kathmandu. The prices of both gold and silver have fallen in the Nepali market. On this day, gold decreased by 1000 rupees per tola and silver decreased by 15 rupees per tola.
According to the Nepal Gold and Silver Traders Federation, gold w...
Here is the foreign currency exchange rate 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 is 141 rupees 49 paisa and the selling rate is 142 rupees 09...
Livelihood raised from goat rearing
Myagdi. Kul Bahadur Pun of Mangala Rural Municipality-2 Hidi has started earning lakhs of rupees annually from the farm he started with two goats four years ago. The 50-year-old has become self-employed and self-sufficient by operating a managed g...
On Tuesday, the NEPSE index fell by 21.15 points, the market reached 2663.18 points!
Kathmandu. On the second day of trading of the week, the stock market gauge NEPSE index fell on Tuesday. On Tuesday, NEPSE index decreased by 21.15 points and reached 2663.18 points. A total of 17,61,396 shares of 343 companies were bought and sol...