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
With a double-digit decline in the NEPSE, all sub-sectors declined except for hotels and tourism
Kathmandu. On Tuesday, the second trading day of the week, the stock market also fell. The NEPSE index, which closed down on Monday, continued the same trend on this day as well and dropped by 17.91 points to 2807.31 points. Along with the NEPSE i...
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate for today, the value of the US dollar is stable. According to the determined exchange rate, the buying rate of one US...
Are you exchanging foreign currency? Find out today's foreign currency exchange rates
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 141 rupees 75 paisa and the selling rate is 142...
Increasing Nepalese access to financial services: significant improvement in the index
Kathmandu. There has been an encouraging improvement in access, use and quality of financial services in Nepal. According to the financial inclusion index released by Nepal Rastra Bank on Sunday, the overall index has increased from zero.47 to zer...
Kalinchok Hydropower will issue IPO from 13th of February
Kathmandu. Kalinchok Hydropower Limited is going to issue IPO from 13th of February. The company is about to issue an IPO for the local residents of the project-affected areas and Nepalis working abroad.
The company got permission to issue 1...
Today, NEPSE increased by normal numbers, turnover of 6.99 billion
Kathmandu. On the second trading day of the week, NEPSE index increased by 4.90 points to 2639.91. During the day, 13.6 million 24 thousand 824 shares of 349 companies were bought and sold, resulting in a turnover of 6.994 million shares. Today, w...