Reliance Spinning Mills IPO Allotment Completed

The initial public offering (IPO) of Reliance Spinning Mills Limited was allotted on Friday, January 2, 2026. The company successfully completed the allotment of shares issued to the general public.

The IPO was open for subscription from December 22 to December 26, during which the company issued a total of 924,768 shares at a price of NPR 820.80 per share. A total of 532,888 applicants applied for 27,215,100 shares, indicating a significantly oversubscribed issue.

Out of the total applications received, 519,046 applications were approved, while 13,842 applications were rejected. Due to the high demand, the IPO was allotted through a lottery (lucky draw) system.

As per the allotment results, 18,495 applicants received 50 shares each. Additionally, the remaining 18 shares were distributed by allotting one extra share to 18 applicants. Accordingly, 18 investors received 51 shares each.