Thu, Apr 25, 2024
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 net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.
