Solu Hydropower Closing IPO to General Public from Today
January 18, 2026 | Investopaper
After the first phase, Solu Hydropower Limited is currently issuing the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public is open from Poush 29, 2082 BS.
The company is selling 82,00,000 shares at Rs. 100 per share to the general public.
Interested investors can apply for a minimum of 10 shares and a maximum of 100,000 shares.
The public offering will close on Magh 4, 2082 BS.
The company has allotted 500,000 shares to the mutual fund schemes and 300,000 shares to the employees of the company.
In total (including the first and second phase), the hydropower company has plans to float 2,00,00,000 shares in the public offering. At a par value of Rs. 100, the public issue amounts to Rs. 200 crores.
First Phase: IPO To Locals & Foreign Employed Nepalis
In the first phase of the IPO, the company had sold the shares to the locals of the project affected areas and to the Nepalis in foreign employment from Mangsir 7, 2082 BS.
The hydropower company had issued 1,00,00,000 shares to the locals of the project affected areas of the Solukhumbu district. Due to full subscription, the IPO to locals of project affected areas was closed on Mangsir 21, 2082 BS. Interested eligible locals could subscribe for a minimum of 10 shares and a maximum of 1,00,000 shares.
The company had also issued 10,00,000 shares (10 percent of general public’s quota) to the foreign employed Nepalis from Mangsir 7, 2082 BS. The IPO to foreign employed Nepalis was closed on Mangsir 10, 2082 BS. Interested foreign employed Nepalis could apply for a minimum of 10 shares and a maximum of 100,000 shares.
For this purpose, Securities Board Of Nepal (SEBON) has given the permission to the company on Karthik 24, 2082 BS. The company had submitted the application to the board on Ashwin 26, 2080 BS for the public issuance. Only after receiving the approval from the regulatory body, the company can float the shares to the public.
Nabil Investment Banking Limited is the issue and sales manager for the IPO.
Solu Hydropower Limited is currently developing an 82 MW Lower Solu Hydropower Project in Solukhumbu district in Nepal.
After the IPO, if fully subscribed, the public will possess 20 percent ownership in the company.
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