Solu Hydropower Limited has received regulatory approval to issue an IPO of 2 crore shares worth NPR 2 Arba, with 20% reserved for the public.
Solu Hydropower Limited has obtained approval from the Nepal Securities Board to issue an Initial Public Offering (IPO) of 2 crore shares valued at NPR 2 Arba. The company plans to offer the IPO at a face value of NPR 100 per share.
The IPO will be managed by Nepal Investment Bank and Himalayan Capital as the issue managers. Under the offering structure, 20% of the shares will be made available to the general public, while the remaining 80% will be retained by the founding group.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
