Reliance Spinning Mills Ltd. had opened its IPO for foreign employment applicants from Mangsir 22, 2082 to Mangsir 25, 2082. The offering was handled by Global IME Capital Limited.
The company issued 115,596 units, but 38,655 applicants submitted applications requesting a total of 2,183,860 units. This means the IPO was oversubscribed by around 18.90 times, indicating extremely high interest from Nepali workers abroad.
| S.N | Company Name | Issue Manager | Issued Unit | Number Of Application | Applied Unit | Amount | Open-Date | Close-Date | Last Update |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Reliance Spinning Mills Ltd. - RSML (RESERVED - FOREIGN EMPLOYMENT) | GLOBAL IME CAPITAL LIMITED | 115596 | 38655 | 2183860 | 1792512288 | 2025-12-08 | 2025-12-11 | 2025-12-11 22:06:18 |
Due to this high demand, most applicants will not receive shares, which reflects the strong attraction toward established manufacturing-sector companies in Nepal.
This heavy oversubscription shows strong market confidence in Nepal’s manufacturing sector and highlights the continued enthusiasm of Nepali foreign workers in investing in the country’s industrial growth.
