Solu Hydropower Allots IPO

Jan 26, 2026 05:26 PM Merolagani



Solu Hydropower has allotted recently issued initial public offering (IPO) to the general public on January 26 in the premises of Nabil Investment Banking, issue manager of the company.

The company issued 8.2 million units of IPO shares, in which, a total of 2,471,007 applicants applied for 29,027,430 units of shares.

Given that the IPO was oversubscribed, the allotment took place as per Securities Issuance and Allotment Guideline under which 820,000 applicants were provided 10 units of shares through lottery.

 




Solu Hydropower Allots IPO

Jan 26, 2026 05:26 PM

Solu Hydropower has allotted recently issued initial public offering (IPO) to the general public on January 26 in the premises of Nabil Investment Banking, issue manager of the company.