IPO for General Public: Solu Hydropower Limited Company Issue 82,00,000 Units IPO Shares from Today
Summary
Solu Hydropower Limited has opened its IPO for 82,00,000 shares at Rs. 100 each for the general public starting 29th Poush, 2082, with Nabil Investment Banking Limited managing the issue.
Key Points
- Solu Hydropower Limited has launched an IPO issuing 82,00,000 shares to the general public starting 29th Poush, 2082.
- The company’s issued capital is Rs. 10 Arba, with 20% allocated to the public and additional shares reserved for project-affected locals, expatriates, employees, and mutual funds.
- Nabil Investment Banking Limited is the issue manager for the IPO placement.
- Solu Hydropower operates the 82 MW Lower Solu Hydroelectric Project in Solukhumbu district, promoting Nepalese business groups after shifting from initial Indian ownership.
