Reliance Spinning Mills to Issue Public Offering (IPO) from December 20

लगानी न्यूज

२८ मंसिर २०८२, आईतवार ०९:५२December 14, 2025

. Reliance Spinning Mills Limited (RSIL) is going to open its initial public offering (IPO) from December 22. The company is going to issue the IPO for the general public after the pre-attimation of the IPO for the Nepali citizens who are in foreign employment.

The IPO will be issued to the general public at a price of Rs 820.80 per share.TAG_OPEN_div_20 The interested investors can apply for the IPO at a price of Rs 820.80 per share.

According to Section 9130 (sub-section (110) of the Book Building Guidelines, 2077, the cut-off price was fixed at Rs 912 for allotting 7,70,640 units of shares to eligible institutional investors who had applied through bidding system.TAG_OPEN_div_18 The price of the company has been reduced by 10 percent to Rs 820.80 per share.

Applications can be place for minimum 50 units and maximum TAG_OPEN_div_16 20,000 units. The issue closes on January 26 and will be extended till January 7 if the full application is not received by that time.

Global IME Capital Limited has been appointed as the issue manager for the IPO issuance.TAG_OPEN_div_14 The interested bidders can apply for the shares online from all ASBA member banks and financial institutions and their designated branches and CDS & Clearing’s online apply.