Everest Colour Limited IPO Opening from Baisakh 16 for Nepali Workers Abroad
19th April 2026, Kathmandu
Everest Colour Limited has officially announced the launch of its Initial Public Offering which is scheduled to commence on Baisakh 16.
Everest Colour Limited IPO
This first phase of the issuance is specifically designed to target Nepali citizens working abroad, marking a significant step in the country’s mission to integrate migrant workers into the domestic capital market. By offering these individuals a chance to invest their hard earned foreign earnings back into a local enterprise, the company is fostering a culture of long term financial growth and national contribution.
Everest Colour Limited has successfully secured the necessary approvals from the Securities Board of Nepal to move forward with this public offering. The company is set to issue shares worth a total of 79 million. This amount represents approximately 16.33 percent of the company’s total issued capital, which stands at 300 million. In terms of volume, the IPO consists of 790,000 units of ordinary shares. Each share carries a face value of 100, making it an accessible entry point for both small and large scale investors looking to diversify their portfolios within the manufacturing and industrial sector of Nepal.
A key highlight of this particular issuance is the specific allocation for the migrant worker quota. Out of the total shares approved for the public, 10 percent has been reserved exclusively for Nepali workers who are currently employed overseas. To be eligible for this quota, applicants must have obtained the official labor approval from the Government of Nepal and must be contributing to the national economy through formal channels. This initiative by Everest Colour Limited aligns with the broader regulatory framework aimed at providing social and financial security to those working away from home, allowing them to become part owners of thriving domestic companies.
For those interested in participating in the Everest Colour Limited IPO, the application process is governed by specific limits and timelines. Eligible investors can apply for a minimum of 10 units, which requires an investment of 1,000. On the higher end, the maximum application limit has been set at 7,000 units. The window for the first phase of the application opens on Baisakh 16 and is scheduled to close on Baisakh 22 within regular banking hours. Given the high demand typically seen in the Nepali IPO market, potential investors are encouraged to ensure their accounts and CRN numbers are active well in advance of the start date.
Advertisement
To ensure a smooth and transparent issuance process, Everest Colour Limited has appointed Muktinath Capital Limited as the issue and sales manager. Muktinath Capital will be responsible for overseeing the collection of applications, the allotment process, and the eventual listing of the shares. Their expertise in the financial markets provides an added layer of confidence for investors, ensuring that all regulatory requirements are met and that the transition from a private to a public entity is handled professionally.
The decision to go public is a strategic milestone for Everest Colour Limited. As the company expands its footprint in the Colour and paint industry, the capital raised from this IPO will likely be used to enhance production capacity, upgrade technology, and strengthen market presence. For investors, this represents an opportunity to tap into a sector that is directly linked to the construction and infrastructure growth of Nepal. As the country continues to develop, the demand for industrial and decorative coatings is expected to rise, potentially leading to healthy returns for early shareholders.
This IPO is more than just a financial transaction; it is a reflection of Nepal’s evolving investment ecosystem. By prioritizing migrant workers in the first phase, the government and the company are acknowledging the vital role that the diaspora plays in the nation’s economy. It encourages a shift from simple remittances to strategic investments, which can provide a safety net for workers when they eventually return to Nepal. This model of inclusive capitalism is gaining traction and is seen as a way to build a more resilient and self sustaining national economy.
In conclusion, the Everest Colour Limited IPO presents a compelling opportunity for Nepali investors, especially those working abroad. With a clear issuance plan, a reasonable face value, and a strong management team behind it, this offering is set to be one of the notable market events of the year. Prospective applicants should review the company’s prospectus and consult with financial advisors to understand the potential risks and rewards. As Baisakh 16 approaches, the focus remains on how this influx of capital will drive the next chapter of growth for Everest Colour Limited and contribute to the vibrant landscape of the Nepal Stock Exchange. Be sure to keep your Demat and Meroshare credentials ready to participate in this significant public offering.
For More: Everest Colour Limited IPO
