Kathmandu – Salapa Development Bank has announced that it will open its Initial Public Offering (IPO) exclusively for Nepali migrant workers from 11 December 2025.
The bank is issuing 1,72,388 shares (worth Rs 17.24 million at Rs 100 face value each), representing 10 percent of its total planned IPO of 17,23,880 shares. This special tranche is reserved for Nepalis who hold valid work permits and are currently employed overseas.
Key details for applicants:
Application opens: 11 December 2025
Early closing date: 15 December 2025
Extended deadline (if not fully subscribed): 26 December 2025
Minimum application: 10 shares
Maximum application: 25,000 shares
Muktinath Capital Limited has been appointed as the issue and sales manager.
This reserved portion is part of the bank’s broader plan to raise Rs 172.4 million through the IPO, equivalent to 33 percent of its paid-up capital of Rs 522.39 million. The move gives Nepali workers abroad an opportunity to invest directly in a growing Nepali development bank.
Comment Here