Solu Hydropower Limited’s 10 Percent Reserved Shares Now Open

24th November 2025, Kathmandu

Solu Hydropower Limited has officially opened the application window for its reserved shares, specifically allocated to Nepali citizens currently employed overseas.

Solu Hydropower Reserved Shares

This offering represents 10 percent of the total shares allocated to the general public, providing a dedicated investment opportunity for the Nepali diaspora working abroad.

Key Details of the IPO Offering

This reserved quota for Nepali citizens employed abroad is part of the broader Initial Public Offering (IPO) that the company is undertaking to mobilize equity capital for its major hydropower project.

Target Group: The offering is exclusively for Nepali citizens currently employed overseas who possess a valid labor permit.

Quota Size: The reserved quota amounts to 1 million shares, worth NPR 10 crore at a face value of NPR 100 per share. This represents 10 percent of the total shares designated for the general public, demonstrating the company’s initiative to involve non-resident workers in the nation’s infrastructure development.

Application Period: The application window is open for a brief period:

Start Date: The application process began on November 23, 2025 (Mangsir 7, 2082).

Closing Date: The window will close on November 26, 2025 (Mangsir 10, 2082). This short duration underscores the importance of prompt application by eligible investors.

Application Quantity: Eligible applicants can apply for a minimum of 10 shares and a maximum of 100 thousand shares.

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Issue Manager: The issuance is managed by Nabil Investment Banking Limited.

Importance and Application Process

The announcement of this IPO quota is being amplified by financial intermediaries, such as IME (International Money Express), encouraging eligible investors to participate within the tight timeline.

How to Apply: Nepali workers abroad can submit their applications through the digital system, typically via the online platform Mero Share, using any ASBA-participating bank or financial institution with which they hold an account. This digital process simplifies investment for individuals living outside Nepal.

Eligibility Requirement: Applicants must ensure they have all the necessary documentation, most importantly a valid labor permit, to prove their eligibility under this specific reserved quota as per the Securities Board of Nepal (SEBON) directives.

Investment Opportunity: This specific allocation provides an accessible avenue for Nepali workers to invest their remittance income back into the domestic economy, particularly in the profitable hydropower sector. Hydropower stocks are often viewed as long-term, stable investments in Nepal.

The Project Behind the IPO

Solu Hydropower Limited is raising capital for the development of a large-scale project that promises significant energy output.

Project Name: The company is developing the 82 MW Lower Solu Hydroelectric Project in the Solukhumbu district. This is a substantial project that will contribute significantly to the national grid.

Credit Rating: The project is rated IRN Double B by ICRA Nepal, indicating an average credit risk associated with the company’s ability to meet its financial obligations.

Financial Scope: The total authorized capital of the company is NPR 10 billion. The successful issuance of this 20 percent IPO (including the reserved and local quotas) will finalize a significant portion of the project’s equity financing, allowing construction and operational timelines to be met.

For More: Solu Hydropower Reserved Shares