Everest Color to Launch IPO, Empowering Nepali Investment in Homegrown Infrastructure Brand

Sun, Jun 15, 2025 1:32 PM on Latest, IPO/FPO News, Corporate,

Everest Color Limited, an ISO-certified Nepali company specializing in construction-grade color products, is preparing to issue its Initial Public Offering (IPO) to the general public. The company has signed an agreement with Laxmi Sunrise Capital Limited to manage the IPO process, which will involve issuing 790,000 ordinary shares. Founded by a group of young Nepali entrepreneurs, Everest Color aims to promote import substitution, create employment, and support national development.

The company holds government recognition and is seeking the Nepal Standard (NS) mark. With a recent BB- credit rating from Care Ratings Nepal Ltd., Everest Color is considered a moderately low-risk investment. The IPO is intended to raise capital for expansion while offering Nepali citizens an opportunity to invest in a locally driven, socially responsible enterprise committed to strengthening the country’s infrastructure and economy.