If you are looking to diversify your investment portfolio with a manufacturing sector stock, today brings some exciting news. Everest Colour Limited has officially opened its Initial Public Offering (IPO) to the general public starting today, 22nd Jestha, 2083 (June 5, 2026).
The company is floating 655,700 units of IPO shares, giving retail investors a golden opportunity to grab a slice of a well-established player in Nepal’s paint and coatings manufacturing industry.
Let’s break down everything you need to know about this IPO—from the key dates and numbers to the company’s risk profile—so you can make an informed decision.
The Big Numbers: Everest Colour IPO Breakdown
Everest Colour Limited has a total issued capital of Rs. 30 Crores. Out of this, the company allocated 26.33% (790,000 unit shares) for public issuance. Before opening the doors to the general public today, a chunk of these shares was already distributed to specific groups as per regulatory guidelines:
Foreign-employed Nepalese: 10% (79,000 units) were already allotted to Nepalese citizens working abroad.
Company Employees: 2% (15,800 units) have been set aside.
Mutual Funds: 5% (39,500 units) were reserved for institutional mutual funds.
General Public: The remaining 655,700 units are what is up for grabs starting today.
| IPO Attribute | Details |
| Issue Open Date | Jestha 22, 2083 (June 5, 2026) |
| Early Closing Date | Jestha 27, 2083 |
| Extended Closing Date | Ashad 5, 2083 (Only if undersubscribed) |
| Price Per Share | Rs. 100 (Face Value) |
| Minimum Application | 10 Units (Rs. 1,000) |
| Maximum Application | 20,000 Units |
| Issue Manager | Muktinath Capital Limited |
About Everest Colour Limited: Who Are They?
For everyday consumers, brand trust matters. Everest Colour Limited is not a newcomer to the market. Originally incorporated as a private entity back on May 5, 2011, the company successfully transitioned into a public limited structure on June 24, 2024.
Operating for over a decade out of its manufacturing plant located in Tungara-03, Chitwan, the company produces an extensive line of products that you’ve likely seen in the market:
Interior and exterior emulsion paints
Primers, enamel paints, and acrylic distempers
Wood, metal, and aluminum paints
Floor coatings and specialized industrial paints
Credit Rating: Is it Safe to Invest?
Before putting your hard-earned money into any IPO, analyzing the company’s financial health is critical.
CARE Ratings Nepal Limited (CRNL) recently upgraded the issuer rating of Everest Colour Limited to ‘CARE-NP BB (Is)’ from its previous rating of ‘CARE-NP BB- (Is)’.
What does a ‘CARE-NP BB (Is)’ rating mean?
This upgrade indicates that the company carries a moderate risk of default regarding meeting its financial commitments on time. While it isn’t a top-tier premium rating, the upward upgrade shows healthy positive momentum in their risk management and overall financial positioning.
How Many Units Should You Apply For?
The shares are priced at the standard face value of Rs. 100 per unit. Given the massive surge in IPO applicants in Nepal’s share market over recent years, almost all public issues face heavy oversubscription.
Because of the lottery-based allotment system used by CDSC when an IPO is oversubscribed, applying for the minimum 10 units (worth Rs. 1,000) is generally considered the smartest move for retail investors.
You can easily submit your application online through the MeroShare portal or via your bank’s C-ASBA-linked service. Make sure to place your application before the early closing deadline on Jestha 27 to ensure you don’t miss out!
Disclaimer: Investing in the stock market involves financial risks. Please review the company’s prospectus thoroughly or consult a financial advisor before investing.
Notice: Everest Colour Limited IPO Opens Today
