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.
Related News
Meter-busting victims who walked to Kathmandu stopped at Nijgarh, efforts to reach agreement continue
Twelve. The third phase of the walk march started from Tirhutia Gachi in Janakpurdham by the farmers and labor movement Nepal against meter interest has entered the eighth day today. On the fifth day of the journey, the protestors, who were on the...
This is the foreign exchange rate
The Kathmandu. Nepal Rastra Bank has fixed the exchange rate of foreign currency for today. According to the National Bank, the buying rate of US dollar has been fixed at 152 rupees 31 paise and selling rate at 152 rupees 91 paise. The Australian...
Share prices of these 10 companies increased the most on Thursday
Kathmandu. Nepal Stock Exchange NEPSE increased by 7.50 points to 2597.80 points. Today, when 94 lakh 69 thousand shares of 371 companies were bought and sold, the turnover was 4 billion 56 crore 29 lakh rupees. On Thursday, while the share price...
Testing of Kohalpur-Surkhet 132 KV Power Transmission Line
Surkhet. The much awaited Kohalpur Surkhet 132 KV power transmission line has been tested. After the construction of the project was completed, the line was tested on Friday. With the completion of the construction of 132 KV transmission line, it...
What is the exchange rate of which foreign currency on Tuesday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 95 paisa and the selling rate is 144 rupees 55 paisa.
Similarly...
An increase of 62.29 points in NEPSE, turnover of 4.57 billion
Kathmandu. On the second trading day of the week, the stock market NEPSE index increased by 62.29 points to 2571.34.
On NEPSE, 92 lakh 43 thousand 723 shares of 314 companies were bought and sold on this day, with a turnover of 4.57 bil...