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
Fuel supply from Tribhuvan Rajpath after the road was washed away in Krishnabhir
Kathmandu. After the road was blocked in the Krishnabhir section of Dhading under the Prithvi Highway, Nepal Oil Corporation is continuing to supply petroleum products and LP gas to Kathmandu Valley and surrounding areas through the alternative ro...
NEPSE fell by 12.58 points, trading fell to 8 billion 63 crores
Kathmandu. On the third trading day of the week, NEPSE index decreased by 12.58 points and remained at the point of 2683.15. During the day, 187.03 thousand 183 shares of 322 companies were bought and sold, and 8.63 billion 1.5 million shares were...
Trunkline dues dispute: Industrialists agree to deposit deposit
Kathmandu. Industries have come to an agreement on dedicated and trunk line dues disputes. According to the Confederation of Nepal Industry and Commerce, it has been agreed to go for a review by depositing an amount eq...
The farmer is worried that the plant has dried up
Ramechhap. The country is heated by the election atmosphere. But the farmers here are worried about June. Junar farmers of Ramechhap Municipality-7 Okhreni are worried about when the price of junar will be found.
Compared to the past, this y...
Moving towards the construction of 1200 MW Budhigandaki hydropower project
Kathmandu. The Budhigandaki hydropower project with a capacity of 1200 MW has progressed towards the construction stage. With the agreement between the Ministry of Finance and the National Planning Commission on the investment framework of this pr...
Are you exchanging foreign currency? View today's exchange rate (with list)
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 144 rupees 63 paisa and the selling rate is 145 rupees 23 paisa. The buying rate...