An application has been given by Upper Solu Hydro Electric Company to SEBON on Chaitra 16 2077, to issue their IPO.

The total issue will be of 33,07,500 shares where NMB Capital will be the issue manager. The board of SEBON has not given any comments on the hydropower company application yet.

The IPO is set to be launched in two steps; first to the locals and second to the general public.