Sarvottam Paints Industries Limited is officially launching its Initial Public Offering (IPO) for the general public starting on 28th Jestha, 2083 (June 11, 2026). The company will be opening up a total of 7,05,500 units of shares for ordinary everyday investors.
Sarvottam Paints IPO Key Details
| Feature | Details |
| Opening Date | 28th Jestha, 2083 |
| Closing Date (Early) | 2nd Ashad, 2083 |
| Price Per Share | Rs. 100 |
| Minimum Units to Apply | 10 shares (Cost: Rs. 1,000) |
| Maximum Units to Apply | 5,000 shares |
| Issue Manager | Global IME Capital Limited |
Where are the Shares Going?
The company is issuing 25% of its total capital to the public, which amounts to 8,50,000 shares. Before ordinary citizens in Nepal can apply on Jestha 28, the pie is split up into a few different pieces:
Foreign Employed Nepalese: 85,000 units (Already allocated)
Company Employees: 17,000 units
Mutual Funds: 42,500 units
General Public (You!): The remaining 7,05,500 units open up on the launch date.
About the Company: What Does Sarvottam Paints Do?
Sarvottam Paints started out back in January 2015 as a private company and later converted into a public entity in mid-2022.
If you live in Nepal, you know how huge the construction and home renovation industry is. Sarvottam Paints makes and sells a huge lineup of paint products. This includes interior and exterior decorative paints, primers, enamels, distemper, waterproofing liquids, wall putty, and even thermoplastic road marking paints.
Their actual manufacturing plant is set up in Godawari-02, Attariya, Kailali, and they run a central sales depot out of Madhyapur Thimi-02, Bhaktapur to distribute their products across the country.
Safety First: The Credit Rating Check
Before putting your money anywhere, it helps to see what the experts think about the company’s financial health. CARE Ratings Nepal recently upgraded Sarvottam Paints’ issuer rating.
They bumped it up to ‘CARE-NP BB (Is)’ from their previous rating of BB-. In simple everyday terms, a “BB” rating tells investors that the company carries a moderate level of risk when it comes to paying back its debts and meeting financial goals on time. It is a reassuring sign of growth for a manufacturing company.
How Many Shares Should You Buy?
Because thousands of people in Nepal apply for every single public offering via MeroShare, IPOs are almost always oversubscribed.
Because of the lottery system used for distribution:
Applying for 10 units (Rs. 1,000) is universally considered the most realistic move.
Applying for more will likely just tie up your money in your bank account for a week, since getting more than 10 units allocated is incredibly rare for general public tranches.
How to Apply step-by-step
When Jestha 28 arrives, you can submit your application in just a couple of minutes:
Open up your MeroShare app or log into the website.
Navigate directly to the My ASBA tab.
Look for Sarvottam Paints Industries Limited under the current issues list.
Fill in 10 units (or your preferred amount) and pick your bank.
Enter your CRN number, check the authorisation box, and submit your application code.
Just remember to keep at least Rs. 1,000 in that linked bank account so the system can successfully block the funds!
The paint industry in Nepal is highly competitive, but it is also tied directly to housing and infrastructure growth. Given that Sarvottam Paints is an established manufacturer with an upgraded credit rating, a Rs. 1,000 investment for 10 shares is a low-risk entry point for anyone wanting to participate in the primary market.
The early closing deadline is 2nd Ashad, 2083. Make sure to mark your calendar so you don’t miss out on applying early!
