Last Day to Apply for Reliance Spinning Mills IPO

The application period for the IPO of Reliance Spinning Mills Limited concludes today (December 26, 2025). The company opened its IPO to the general public on December 23, following the allotment of shares to Nepali citizens working abroad. Out of the total public issue, 924,768 shares have been offered to general investors, while 57,798 shares are reserved for employees. Although the face value of the share is NPR 100, the final issue price for the public has been fixed at NPR 820.80 per share after applying a 10 percent discount on the cut-off price of NPR 912 determined through the book-building process. Investors can apply for a minimum of 50 shares and a maximum of 20,000 shares through the C-ASBA system using banks, financial institutions, or the ‘Mero Share’ online platform. Global IME Capital Limited is the issue manager for the IPO. CARE Ratings Nepal has assigned the company a CARE-NP Single A Minus issuer rating, indicating adequate capacity to meet financial obligations. Reliance Spinning Mills is one of Nepal’s largest yarn manufacturing industries and exports more than 70–75 percent of its production to countries including India, Turkey, Vietnam, and the UK.