Sarvottam Paints IPO Opens on Jestha 28 for Public Investors

2nd June 2026, Kathmandu

A new investment opportunity is arriving in Nepals primary market as Sarvottam Paints Industries Limited prepares to issue its Initial Public Offering to the general public from Jestha 28, 2083.

Sarvottam Paints IPO Opens

After successfully completing the first phase of share allocation for Nepali citizens working abroad, the company is now moving forward with the second phase of its IPO issuance. The public offering is expected to attract significant interest from retail investors looking to diversify their portfolios beyond traditional banking and hydropower stocks.

The IPO represents an important milestone for Sarvottam Paints as it seeks to expand public ownership and strengthen its capital base.

IPO Details at a Glance

Sarvottam Paints Industries Limited has received approval from the Securities Board of Nepal to issue shares equivalent to 25 percent of its issued capital.

The total issued capital of the company stands at Rs 34 crore, with the current public IPO size valued at Rs 8.50 crore. The total number of approved shares for this issue equals 8,50,000 units, structured at a standard face value of Rs 100 per share. This means the public float constitutes a 25 percent portion of the total issued capital of the company.

The company had previously allocated shares to Nepali citizens employed abroad under the first phase of the IPO issuance process.

Share Allocation Breakdown

Out of the total 8,50,000 shares approved for public issuance, a portion has already been reserved for different investor categories.

The allocation structure includes 85,000 units that were previously allotted to Nepali workers abroad. Additionally, the company reserved 42,500 units for mutual funds and 17,000 units for its internal employees.

Consequently, the remaining 6,88,500 shares will now be available for ordinary investors through the upcoming public offering.

Application Period and Investment Limits

The IPO subscription window will open on Jestha 28 and remain available until Asar 2, 2083.

Investors should note that the opening date is scheduled for Jestha 28, 2083, with the closing date fixed for Asar 2, 2083. In case the issue remains undersubscribed, the company has set an extended deadline up to Asar 11, 2083. Individual investors can apply for a minimum of 10 shares, while the maximum application limit has been set at 5,000 shares.

Investors are encouraged to submit applications within the initial subscription period to avoid missing the opportunity.

How Investors Can Apply

Eligible investors can apply through the C-ASBA system using authorized banks and financial institutions.

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Applications can generally be submitted through ASBA member banks, online banking platforms, Mero Share integrated systems, and designated financial institutions.

Applicants must ensure that their Demat account and Mero Share account details are active and updated before submitting an application.

Global IME Capital Appointed as Issue Manager

The IPO issuance and sales management responsibilities have been entrusted to Global IME Capital Limited.

As one of Nepals established merchant banking institutions, Global IME Capital will oversee the application process, share allotment procedures, and regulatory compliance related to the public offering.

The involvement of an experienced issue manager is expected to ensure a smooth and transparent IPO process for investors.

Why This IPO Is Attracting Attention

While Nepals capital market has traditionally been dominated by banking and hydropower companies, manufacturing and industrial sector IPOs often attract strong investor interest because they offer diversification opportunities.

The paint industry is closely linked to construction, infrastructure development, and real estate activities. As Nepals urbanization continues, demand for paint products may increase over time. Furthermore, like most IPOs in Nepal, the shares are being offered at a face value of Rs 100 per share, making participation accessible to retail investors.

With only 6,88,500 shares available to the general public, investor demand could be significant depending on market sentiment at the time of issuance. Many investors seek exposure to sectors outside banking and hydropower, and industrial companies such as paint manufacturers provide an alternative investment avenue.

Things Investors Should Consider

Before applying, investors should carefully review the financial performance of the company alongside the broader industry outlook and growth prospects. It is also wise to examine the specific business model, market position, risks associated with manufacturing industries, and future expansion plans.

Like any investment, IPO participation should be based on informed decision-making rather than speculation alone.

Conclusion

The upcoming IPO of Sarvottam Paints Industries Limited offers investors an opportunity to participate in Nepals growing manufacturing sector. With 6,88,500 shares available for the general public at Rs 100 per share, the offering is expected to generate considerable interest among retail investors.

Applications will be open from Jestha 28 to Asar 2, with a possible extension until Asar 11 if demand remains below the offered quantity. Managed by Global IME Capital Limited, the IPO marks an important step in the companys growth journey and public market participation.

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