Solu Hydropower Limited IPO Allotment Concludes: Lucky 820,000 Applicants Allotted 10 Units Each via Lottery System
Summary
Solu Hydropower Limited concluded its IPO allotment, issuing 10 units each to 820,000 applicants via a lottery system. The company operates the 82 MW Lower Solu Hydroelectric Project in Solukhumbu district.
Key Points
- Solu Hydropower Limited issued 82,00,000 units in its IPO to the general public.
- A total of 2,471,007 valid applications for 29,027,430 units were received.
- 820,000 applicants were allotted 10 units each via the lottery system.
- The company operates the 82 MW Lower Solu Hydroelectric Project in Solukhumbu district.
