Solu Hydropower Limited is set to distribute its Initial Public Offering (IPO) shares to the public this Monday. The allotment process is currently being finalized by the issue managers, Nabil Investment and Himalayan Capital, after receiving an overwhelming response from investors. Subscription Overview and Allotment Date The issue managers have confirmed that the final allotment … Read more
Solu Hydropower Limited has opened the first phase of its IPO from today, Mangsir 7. In this phase, the company is issuing shares to project-affected residents of Solukhumbu and Nepalis currently working abroad with valid labour approval. Shares for Project-Affected Locals The company has allocated a total of 1 crore shares for project-affected locals. The … Read more
November 11 Kathmandu —The Securities Board of Nepal (SEBON) has resumed the long-delayed process of approving public offerings. Following the employees’ return to work on Monday after holding a one-hour protest program, SEBON moved forward with the IPO approval process on Tuesday. On Tuesday, Solu Hydropower Limited received SEBON’s approval to issue an Initial Public … Read more