Everest Color IPO opens to the foreign migrant workers from Nepal from today, that is, 29th April 2026. Shares of the corporation have been allotted for the reserved category of foreigners, allowing Nepali citizens working outside Nepal to invest in their country’s stock market.
The company is granted authorization to assign 26.33% of the Rs. 300 million capital share. Accordingly, 790,000 shares worth Rs. 79 million will be allotted for distribution among the general public. Out of those 790,000 shares, 79,000 shares with a value of Rs. 7.9 million will be reserved for the people from Nepal who live abroad.
The smallest number of shares an investor can apply for is 10, while the largest share is 7,000. The deadline for this IPO offer will be on May 5, and if it does not sell out, it will stay open until May 14, 2026.
Muktinath Capital acts as the issue manager for this Everest Color IPO. One can file the application either through any authorized financial institution or bank through the C-ASBA process or through MeroShare online.
CARE Ratings Nepal has given a rating of ‘BB’ to the firm by CARE Ratings Nepal. This shows that investing in the company carries some risks.
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