Tue, Sep 08, 2026
Upper Solu Hydro Electric Company has sought approval from Securities Board of Nepal (SEBON) to issue initial public offering (IPO) on March 29.
The company is planning to issue 3,307,500 units of primary shares worth Rs 330.7 million.
The company has appointed NMB Capital as its issue manager.
The Ministry of Finance is finalizing a dedicated reform package for the capital market after the Nepal Stock Exchange (NEPSE) index experienced a sharp decline of nearly 400 points over the past six months.
