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Started 4 days ago · Updated 2 days ago

Everest Colour Limited IPO Opens for General Public, Kalanga Hydro Also Launches Share Offering

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Everest Colour Limited is set to launch its initial public offering (IPO) for the general public, having received approval from the Securities Board of Nepal to issue shares valued at NPR 7.9 crore. Concurrently, Kalanga Hydro Limited has also launched its IPO, offering shares equivalent to 35% of its NPR 1.4 billion issued capital.

  • Everest Colour Limited's public offering represents 26.33% of its total issued capital of NPR 30 crore, with 790,000 equity units available.
  • Kalanga Hydro Limited is offering 4.9 million ordinary shares at a face value of NPR 100 each, totaling NPR 49 crore for the public offering.
  • The IPOs are seen as opportunities for retail investors to diversify into the manufacturing and renewable energy sectors.
  • The Securities Board of Nepal has approved both companies' capital raising campaigns.
  • The Everest Colour Limited IPO is scheduled to open on May 24, 2026.

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