Kathmandu, 22 April 2026 – Sarvottam Paints Industries Ltd has made public that their IPO shares will be issued to Nepalese expatriates beginning from Baishakh 21, 2083.
As per the offer letter from the company, 85,000 unit shares have been allocated for Nepalese employees working abroad at this stage of allocation. The issue is valid up to Baishakh 24, but it can be extended if there are no applications.
The Sarvottam Paints IPO is also an aspect of the firm’s strategy in raising 8,50,000 unit shares for the general public, representing 25% of its total share capital. The rest of the shares will be raised in the subsequent phase.
The applicants of this category will have the opportunity to make investments for at least 10 units and up to 5,000 units, thus becoming open to a number of foreign investors.
Global IME Capital Limited will be managing the issue, having been designated as the issue and sales manager for the IPO.
Sarvottam Paints Industries Limited, which is engaged in the manufacturing sector of Nepal, will use the IPO money to improve its business performance and increase its market share. Earlier, Sarvottam Paints Industries Limited was granted permission by the Securities Board of Nepal (SEBON) to float its stocks in the market.
This Sarvottam Paints IPO represents yet another chance for the overseas Nepalese to invest in the nation’s capital markets, as the regulators remain committed to attracting foreign investment through future public offerings.
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