Solu Hydropower Limited Issues IPO, Applications Open for General Public

Solu Hydropower Limited has launched its Initial Public Offering (IPO) for the general public starting today. Under the second phase, the company is issuing a total of 8.2 million common shares.

Out of the total shares, 500,000 shares are reserved for Collective Investment Funds, and 300,000 shares are reserved for employees. The remaining shares are available for general public investors to apply for.

Investors can apply for a minimum of 10 shares and up to a maximum of 100,000 shares. The application process can be completed through ASBA-approved member banks and financial institutions, their designated branch offices, and the 'Mero Share' system.

General public investors are encouraged to take advantage of this opportunity and apply for the IPO.