IPO Allotment of Reliance Spinning Mills Concluded [IPO Result !!]
January 2, 2026 | Investopaper
IPO Allotment Of Reliance Spinning Mills Limited
Global IME Capital Limited, the issue manager for the initial public offering (IPO) of Reliance Spinning Mills, has concluded the IPO allotment process on Friday.
After the allotment, 18,495 applicants have received 50 shares each through lottery. Among them, 18 applicants received an additional share.
A total of 5,19,046 valid applicants had subscribed for the shares. With the allotment, more than 5 lakh applicants were left empty-handed.
To view the IPO result of Reliance Spinning Mills Limited, click the link below:
IPO Result Of Reliance Spinning Mills Limited
Second Phase: IPO To General Public
After the first phase, Reliance Spinning Mills Limited had issued the shares to the general public in the second phase of an initial public offering (IPO). The IPO to general public was open from Poush 7, 2082 BS.
The company had sold 9,24,768 shares at Rs. 820.80 per share to the general public.
Interested investors could apply for a minimum of 50 shares and a maximum of 20,000 shares.
The public offering was closed on Poush 11, 2082 BS.
The company has alloted 57,798 shares to the mutual fund schemes and has reserved 57,798 shares to the employees of the company.
In total (including the first and second phase), the company issued 11,55,960 shares at a price of Rs. 820.80. Hence, the total public issue amounts to Rs. 94.88 crores
First Phase: IPO To Foreign Employed Nepalis
In the first phase of the IPO, the company had sold 1,15,596 shares (10 percent of the general public quota) to the foreign employed Nepalis from Mangsir 22, 2082 BS. Due to over-subscription, the first phase of the IPO was closed on Mangsir 25, 2082 BS.
The price for each shares is Rs. 820.80. One could apply for a minimum of 50 units and a maximum of 20,000 units.
Earlier, Securities Board of Nepal (SEBON) had put a temporary hold on Reliance Spinning Mills’ public share issuance via the book-building process. This action was taken after the Public Accounts Committee requested details on the company’s share issuance. Consequently, SEBON opted to suspend the share issuance for the time being.
For this purpose, Securities Board of Nepal (SEBON) has granted permission to the company. The company had submitted the application to the board on Magh 23, 2080 BS. Only after the approval from the regulatory body SEBON, the company can sell shares to the public.
You May Also Like: Reliance Spinning Mills’s IPO Through Book Building to Institutional Investors
The company has appointed Global IME Capital as an issue and sales manager for the IPO.
Earlier, Reliance Spinning Mills had auctioned 770,640 lakh shares to the qualified institutional investors from Magh 10, 2080 BS to Magh 14,2080 BS.
About Reliance Spinning Mills Limited
Reliance Spinning Mills is the largest spinning mill of Nepal. Established in 1994 (2051 BS), the company has two factories. It is promoted by Golyan Group in joint venture with Maliram Shivkumar (MS) Group.
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