Sarvottam Paints Schedules IPO Allotment for Thursday Morning Following Massive Public Oversubscription

23rd June 2026, Kathmandu

Sarvottam Paints Industries Limited has officially finalized the share allotment timeline for its initial public offering issued to the general public.

Sarvottam Paints Schedules IPO

The formal equity distribution process is scheduled to take place on Thursday morning under the supervision of the issue manager. The public subscription window remained open from Jestha 28 to Ashadh 2, 2083, drawing heavy participation from retail investors across the country. Following the close of the application window, data verification was conducted through the centralized electronic clearing networks to prepare the final applicant pool for the lottery.

Core Financial Parameters and Approved Capital Structure Breakdown

The public issue was approved by the regulatory frameworks of the Securities Board of Nepal to expand the corporate capital base and fund infrastructure upgrades.

The specific financial structural points governing the equity offering include:

• Total Registered Issued Capital: NPR 34 crore
• Total Allocated Public Issue Portion: 25 percent of issued capital, equating to NPR 8.50 crore
• Total Volume of Public Offering Shares: 850,000 units
• Nominal Face Value per Equity Share: NPR 100 per unit

Detailed Breakdown of Initial Share Allocations Across Special Categories

Before launching the primary subscription phase for individual domestic retail investors, the corporate board segregated specific share blocks for specialized target groups.

The initial distribution framework divided the total unit volume into the following segments:

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• Non Resident Nepali Allocation: 85,000 units reserved and previously distributed to Nepali citizens working abroad
• Collective Investment Schemes: 42,500 units reserved to satisfy mutual fund allocations
• Internal Human Resources: 17,000 units reserved for the permanent employees of the manufacturing firm
• Net General Public Availability: 688,500 units left available for standard domestic retail applicants

Statistical Realities of the Allotment Lottery and Final Investor Success Rates

Due to the limited volume of primary shares made available against a massive pool of retail applicants, the distribution will follow the standard lottery system.

The statistical outlook for the upcoming Thursday morning allocation shows a highly competitive landscape:

• Successful Allotment Group: 68,850 lucky applicants will receive a minimum lot of 10 shares each
• Unsuccessful Applicant Pool: A majority of individual applications will receive zero shares due to heavy oversubscription
• Overall Subscription Volume: The public issue was oversubscribed significantly beyond the available units

Checking the Final Verification Results Through Official Digital Portals

Once the merchant banking team completes the lottery algorithms on Thursday morning, the verified results will be uploaded to the official capital market servers.

Applicants can check their individual allocation status through official digital channels. Investors can log into the central Mero Share web portal or mobile application, navigate to the application report section under the ASBA tab, and view their status. Alternatively, the dedicated CDSC IPO result portal allows quick lookups by selecting the company name and typing in the 16 digit Benefit Owner Identification Number. Global IME Capital Limited, the official issue manager, will also publish the complete list of successful applicants on its corporate website.

Growing Retail Investment Demand and Evolving Sector Trends in Nepal

The massive public interest in the paint manufacturing offering highlights a continuing trend of high retail participation in non-hydropower sectors.

As more manufacturing and production firms convert to public limited structures to raise capital, retail investors are gaining access to a more diverse range of assets on the Nepal Stock Exchange. This high subscription volume shows that even with strict lottery systems, public appetite for primary shares remains strong. The incoming capital will help Sarvottam Paints Industries Limited scale up its production plants and distribution networks, boosting its industrial footprint while providing new investment options to the public.

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