Everest Colours Limited started its IPO for the general public on June 5, 2026. The company is issuing 655,700 ordinary shares with a face value of Rs 100 each. Previously, they allocated 79,000 shares to Nepalese workers overseas.
Everest Colours got the go-ahead to issue 790,000 shares in total – that’s 26.33% of their issued capital, amounting to Rs 300 million. Investors have the option to buy anywhere from 10 to 7,000 shares during this period.
The IPO opened on June 5 and will wrap up on June 10, 2026. In case the issue isn’t fully subscribed by the 10th, applications will continue to be accepted till June 19, 2026.
Muktinath Capital Limited took on the role of issue manager. Prospective buyers can submit their applications via Meroshare and the C-ASBA-approved banks and financial institutions.
Care Ratings Nepal gave the firm a BB rating, signalling a moderate risk level. With this setup, the Everest Colours IPO should draw in a fair number of retail investors searching for fresh opportunities in Nepal’s stock market.
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