Kathmandu. The last day to apply for the primary shares of Everest Colours Limited (IPO) is June 12, (today). The company had issued the product to the general public from June 22. 

In the first phase, the company had issued the IPO to the general public after allotting the shares to the Nepalese employed abroad and the locals of the affected areas. 

The company is issuing 6,55,700 units of shares worth Rs 6,55, 70,000 at a price of Rs 6,55,70,000 at the price of Rs 100 per and to the general public. Applications can be place for minimum 10 units and maximum 10,000 units.

Muktinath Capital Limited is the issue manager for the IPO issuance.The IPO has assigned CARE Ratings, CareNP Double B Issue for the IPO IPO {{}. This indicates that there is a moderate risk to the company’s ability to meet its obligations.