Salapa Development Bank IPO for General Public – Complete Guide

If you follow the Nepali share market, you may have already heard about the Salapa Development Bank Limited IPO. After completing the first phase for Nepalis working abroad, the bank has now opened its IPO for the general public.

This article explains all the important details in simple English, especially for investors planning to apply through MeroShare or ASBA.

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About Salapa Development Bank

Salapa Development Bank Limited is a national-level development bank in Nepal. The bank provides banking and financial services to individuals, businesses, and local communities, with a focus on regional development and financial inclusion.

To strengthen its capital base and expand operations, the bank decided to issue shares to the public through an Initial Public Offering (IPO).

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Salapa Development Bank IPO – General Public Details

• Company Name: Salapa Development Bank Limited
• IPO Type: Initial Public Offering (IPO)
• Face Value: NPR 100 per share
• Issue Manager: Muktinath Capital Limited
• Total Shares for General Public: 1,439,179 shares

Some shares are reserved for mutual funds and employees, and the remaining shares are allocated to general public investors.

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IPO Opening and Closing Date

The IPO for the general public opened in Poush 2082 B.S. (around late December 2025 / early January 2026).

• Opening Date: Poush 16, 2082 (Approx.)
• Closing Date: Poush 20, 2082 (May be extended if undersubscribed)

It is always better to apply early to avoid last-minute technical issues.

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Who Can Apply?

Any Nepali citizen who meets the following requirements can apply for this IPO:

• Valid Demat (BOID) account
• Bank account linked with Demat
• Application through MeroShare or ASBA

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Minimum and Maximum Application

• Minimum: 10 shares
• Maximum: 25,000 shares

Most retail investors usually apply for the minimum 10 shares when IPOs are expected to be oversubscribed.

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How to Apply for Salapa Development Bank IPO

Apply via MeroShare

1. Log in to your MeroShare account
2. Go to the My ASBA section
3. Select Salapa Development Bank Limited IPO
4. Enter the number of shares
5. Submit and confirm the application

Apply via Bank (ASBA)

You can also visit any ASBA-approved bank or financial institution and submit your IPO application form.

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IPO Allotment Process

If the IPO is oversubscribed, shares are allotted through a lottery system.

• Not all applicants receive shares
• Selected applicants usually get 10 shares
• Blocked amount is released for unsuccessful applicants

Allotment results are published on the CDSC IPO result portal a few days after the IPO closes.

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Is Salapa Development Bank IPO Worth Applying?

Bank IPOs in Nepal are generally considered suitable for long-term investors, as shares are issued at face value.

Before investing, always consider the overall market condition, the bank’s financial performance, and your personal financial goals.

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Final Thoughts

The Salapa Development Bank IPO for general public offers a good opportunity for Nepali investors to participate in the banking sector.

If you already have a Demat and MeroShare account, the application process takes only a few minutes. Invest responsibly and stay updated with official notices.

Disclaimer: This article is for informational purposes only and is not financial advice.