Solu Hydropower's IPO is being distributed today, how many will get shares?
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'.
Express
Related News
A huge increase in the price of gold, how much is the transaction?
Kathmandu. Compared to Thursday, the price of gold has increased significantly. 3,500 per gold tola and the price of silver of the same amount has increased by Rs. According to the Federation of Nepal Gold and Silver T...
Financial management of Tila 1 hydropower project led by NMB Bank
Kathmandu. NMB Bank Limited has successfully completed the financial management as the lead bank for the Tila 1 Hydropower Project located in Calikot district with a capacity of 440 MW according to the production permit. Promoted by SC Power Compa...
These are the foreign currency exchange rates fixed for Monday
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Monday. According to the determined exchange rate, the buying rate of one US dollar is 145 rupees 28 paisa and the selling rate is 145 rupees 88 paisa. Sim...
Bhotekoshi flood killed more than 1200, more than 4000 are still missing, rescue and search continues
Kathmandu. Search, rescue and relief work has been intensified in the affected areas after the devastating floods in Bhotekoshi river. According to the National Disaster Risk Reduction and Management Authority, 11,993 people have been safely rescu...
Heavy fall in the price of gold, now how much per tola?
Kathmandu. The price of gold in the Nepalese market has fallen drastically today. Gold tola has fallen by 3 thousand 800 rupees. According to the Nepal Gold and Silver Traders Federation, the price of gold for today has remained at 290,500 rupees...
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 Rashtra Bank, the buying rate of one US dollar has been fixed at 152 rupees 67 paisa and the selling rate is 152 rupees 27 paisa.
The b...



