Solu Hydropower's IPO Local allotment

Kathmandu. Solu Hydropower Limited has distributed 10 million IPO shares issued for project-affected locals today. The allotment of 1 million shares of the company's foreign employment has already been completed.

After the completion of the local and foreign employment process, the company is going to issue the IPO for the general public from the 29th of January. The company is going to bring the remaining 8.2 million shares to the general public after protecting the collective investment fund and employees. Nabil Investment Banking and Himalayan Capital are the sales managers of the company.

Express

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