Machhapuchchhre SIP Yojana IPO Closes Today Due to Oversubscription

Machhapuchchhre SIP Yojana IPO

3rd December 2025, Kathmandu

Machhapuchchhre SIP Yojana IPO closure is effective as of today, Mangsir 17, 2082 B.S. (December 3, 2025), after receiving overwhelming investor response.

Machhapuchchhre SIP Yojana IPO

Machhapuchchhre Capital Limited, the scheme manager, confirmed that the public issue has been significantly oversubscribed, necessitating an early closure of the application period.

The fund, an open-ended mutual fund scheme, quickly attracted interest from a large number of investors seeking to capitalize on the managed investment opportunities it offers. This early conclusion highlights the robust demand for attractive investment schemes in the Nepali capital market.

Why the Early Closure?

The decision to close the public issue early stems directly from the principle of oversubscription. Machhapuchchhre Capital Limited announced that the volume of applications received far exceeds the number of units allocated for the general public.

The Machhapuchchhre SIP Yojana initially offered 12,500,000 units, equivalent to Rs. 125 million, to the public at a face value of Rs. 10 per unit.

These units were part of a larger scheme totaling 50,000,000 units. The issue, which opened on Sunday, Mangsir 14, 2082 B.S. (November 30, 2025), was slated to remain open longer but closed early due to the exceptional investor enthusiasm.

Scheme Allocation Details

The total size of the mutual fund scheme is 50 million units. As per the prospectus, a portion of the total units was secured by the scheme’s promoter and manager. This foundational allocation provided a stable start for the fund.

• Fund Promoter: Machhapuchchhre Bank Limited secured 14% of the total units, which equals 7,000,000 units (Rs. 70 million).

• Scheme Manager: Machhapuchchhre Capital Limited secured 1% of the total units, amounting to 500,000 units (Rs. 5 million).

• Public Offering: The remaining units, including the 12,500,000 units in the first phase, were offered to the general public and institutions.

The total units reserved for the promoter and manager constituted 15% of the scheme’s full size, aligning with standard regulatory practices for mutual fund launches.

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Impact on Digital Investment Ecosystem

The use of the ASBA (Application Supported by Blocked Amount) system played a critical role in the rapid subscription process. The public notice specifically directs all ASBA member banks and financial institutions to officially cease receiving applications for the Machhapuchchhre SIP Yojana after banking hours today.

This efficiency underscores the increasing reliance on and effectiveness of digital tools in the Nepali capital market. Investors can apply quickly and conveniently through their bank’s online portals or by visiting any branch of an ASBA-approved institution.

The swift application process, largely enabled by digital platforms like MeroShare and integrated banking services, contributed significantly to the prompt oversubscription. This trend clearly demonstrates how technology is actively shortening the IPO/FPO/Mutual Fund issue periods, making the investment process more accessible and immediate for the common investor.

️ What’s Next for Applicants?

With the application window now closed, the focus shifts to the allotment process. Machhapuchchhre Capital Limited will immediately begin processing the multitude of applications received.

Given the oversubscribed nature of the IPO, a lottery system is anticipated for the fair distribution of the available units to the retail investors. Applicants should monitor official announcements for the allotment results.

• Allotment Process: The scheme manager will finalize the list of successful allottees.

• Fund Release: Amounts blocked via the ASBA system for unsuccessful applicants will be released promptly after the allotment is completed.

• Demat Credit: Successful applicants will have their units credited to their Demat accounts, making them tradable units as per the fund’s open-ended nature and market regulations.

Contact Information for Investors

The Fund Manager, Machhapuchchhre Capital Limited, and the promoter, Machhapuchchhre Bank Limited, advise all concerned investors to treat this official notice as the final word on the public issue’s closure. For any supplementary information regarding the application status, allotment process, or general scheme details, applicants can reach out directly to the bank.

This successful closure with high demand reinforces the growing appetite among Nepali investors for professionally managed mutual fund schemes like the Machhapuchchhre SIP Yojana. It marks a positive development for the domestic capital market, showcasing liquidity and high investor confidence.

For more: Machhapuchchhre SIP Yojana IPO