October 1, 2026, Thursday
English

Solu Hydropower's IPO is being distributed today, how many will get shares?

Main News Image

Kathmandu. The IPO of Solu Hydropower Limited will be distributed today. Nabil Investment Banking Limited and Himalayan Capital Limited will distribute the IPO today at 3:30 PM as the company's securities issuing and sales managers.

In the company's IPO, 25 lakh 70 thousand 422 people have applied for 3 crore 17 lakh 8 thousand 390 shares worth 3 billion 17 crore 8 lakh 39 thousand rupees. Which is 3.86 times more than the demand. In the IPO, 8 lakh 20 thousand will get shares at the rate of 10.10 per share. Since the company got permission to issue a total of 20 million IPO shares at the rate of 100 rupees per share, 10 million shares will be issued and distributed to those affected by the project and 1 million shares to those who are employed abroad.

The company now reserved 500,000 shares for the collective investment fund and 300,000 shares for the employees of the company, and the remaining 820,000 shares were opened to the general public.

In the rating given for the IPO issuance, Infomerics Credit Rating Nepal has given the company 'IRN Double B Issuer Rating'.

mediabaaji add

Related News

The price of gold and silver increased, how much per tola?

Kathmandu. The price of gold and silver has increased in the Nepalese market. Today, the price of gold has increased by 4 thousand 300 rupees per tola. According to the Nepal Gold and Silver Traders Federation, the price of gold in Chapawal has re...

Vehicles are running on Nagadhunga tunnel from today: Nepal is entering the tunnel age

Kathmandu. The dream of the Nepalese people for years to run vehicles in the tunnel has finally been realized. The much-awaited Nagadhunga tunnel, which was built on November 14, 2019, has been formally opened for traffic from Monday.

The sp...

What is the foreign currency exchange rate for Monday?

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 56 paisa and the selling rate is 142...

The new exchange rate of foreign currency is set, what is the price of US dollar and pound?

Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one American dollar is fixed at 154 rupees 21 paisa and the selling rate is 154 rupees 81...

Vice-Chancellor, Principal and Registrar resigned

Kathmandu. The top officials of Tribhuvan University, the country's oldest and largest educational institution, have collectively resigned from their posts.

Vice-Chancellor Prada Deepak Aryal, Principal Prada Khadg KC and Registrar Prada Ked...

The price of gold increased, how much per tola on Sunday?

Kathmandu. The price of gold has increased in Nepali market today. Gold rose by 3,500 rupees per tola in one day. According to the Nepal Gold and Silver Traders Federation, gold is being traded at Rs 3 lakh 16 thousand 900 per tola today. On the o...