Reliance Spinning IPO oversubscribed on first day

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Reliance Spinning Mills Ltd. has opened its IPO for the General public, and the response has already crossed expectations. The IPO is being managed by Global IME Capital Limited.

The company issued a total of 924,768 units for this category. However, interest from investors has surpassed the available units. According to the latest update, 100,917 applicants have applied for 5,398,100 units. This makes the IPO oversubscribed 5.84 times, indicating very low chances of allotment for most applicants.

IPO details

The IPO opened on December 22, 2025, and will close on December 26, 2025. Investors who wish to participate still have time to apply before the closing date.

S.NCompany NameIssue ManagerIssued UnitNumber Of ApplicationApplied UnitAmountOpen-DateClose-DateLast Update
1Reliance Spinning Mills Ltd. - RSML (IPO - For General Public)GLOBAL IME CAPITAL LIMITED924768100917539810044307604802025-12-222025-12-262025-12-22 17:05:31

Given the high demand, chances of getting shares are very slim. Still, applicants who want exposure to the textile and manufacturing sector can apply before the deadline.

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NEPSE Trading curates news from various share market sources across Nepal and offers deep analysis and commentary, helping readers understand key developments and their impact on the market.
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