SY Panel Nepal IPO Allotment Result 2082: Complete Guide & Opening Range Prediction

SY Panel Nepal Limited IPO Allotment Finalized

The SY Panel Nepal Limited IPO allotment concluded today at Prabhu Capital Limited's head office in Kamaladi, Kathmandu. The issue drew overwhelming investor participation, making it one of the most oversubscribed offerings of 2082.

With the allotment done, investors can now review their status, estimate potential listing-day returns, and plan their trading strategy based on the latest market intelligence.

SY Panel IPO Details at a Glance

Key IPO Information

Company Name: SY Panel Nepal Limited (SYPNL)
Issue Manager: Prabhu Capital Limited
IPO Opening Date: 19th Kartik, 2082
IPO Closing Date: 23rd Kartik, 2082
Total Issued Capital: Rs. 1.30 Arba (130 Crores)
Public Issue: 40% (52,32,548 unit shares)
Issue Price: Rs. 100 per share
Listing Venue: Nepal Stock Exchange (NEPSE)

IPO Allotment Breakdown

Category-wise Share Distribution

Project-Affected Locals (Chitwan District): Reserved 2% of the issued capital, equivalent to 2,61,627 units worth Rs. 2.61 Crores.

General Public Issue: Accounts for 38% of the capital (49,70,920 units) and is further split as follows:

Non-Resident Nepalis (NRN): 10% (4,97,092 units)
Company Employees: 3% (1,49,127 units)
Mutual Funds: 5% (2,48,546 units)
General Public: Remaining 40,76,156 units

SY Panel IPO Application Statistics

The numbers highlight just how intense the demand was:

Total Valid Applications: 20,87,320
Total Units Applied: 2,31,78,470
Rejected Applications: 18,054 (2,28,650 units)
Oversubscription Ratio: Approximately 5.68 times

Allotment Results

Following the lottery-based allotment system adopted in Nepal:

Successful Applicants: 4,07,615 investors received 10 units each
Partial Allotment: 6 investors received 1 unit each
Effective Allotment Rate: Roughly 19.52%

How to Check SY Panel IPO Result?

Use any of the following official channels to verify your allotment status:

MeroShare Account: Visit meroshare.cdsc.com.np, log in, head to the "My ASBA" section, and view your IPO result.
CDSC IPO Result Portal: Enter your BOID on the CDSC results page to retrieve the status instantly.
Prabhu Capital Limited Website: Use the issue manager's result portal by entering your application details.

SY Panel Nepal: Company Overview

Business Profile

Established: July 2017 (Shrawan 2074)

Core Products:

Expanded Polystyrene (EPS) sandwich panels
Polyurethane Foam (PUFF) sandwich panels
UPVC windows and doors
Steel doors
EPS raw materials

Manufacturing Location: Ratnanagar, Chitwan

Distribution Footprint: 62 authorized dealers across Nepal

Ownership Structure

SY Co. Limited (South Korea): 63% stake
Korean Nationals (affiliated with SY Co.): Remaining promoter shares
Public Shareholders: Will hold the balance post-IPO

Industry Position

SY Panel Nepal focuses on prefabricated home construction materials—a segment that is gaining traction in Nepal due to the need for faster, modular, and energy-efficient building solutions. The company leverages Korean technology to deliver consistent product quality.

SY Panel Credit Rating

Rating Agency: ICRA Nepal

Issuer Rating: [ICRANP-IR] BB (Double B)

The BB rating reflects moderate credit risk—adequate capacity to meet financial obligations, but with some vulnerability to adverse economic shifts. Investors should weigh this while planning medium to long-term positions.

SY Panel Share Opening Range Prediction

Price Range Analysis

Conservative Estimate: Rs. 110 - Rs. 130 (10-30% premium)
Moderate Estimate: Rs. 135 - Rs. 160 (35-60% premium)
Optimistic Estimate: Rs. 165 - Rs. 190 (65-90% premium)

Factors Supporting Positive Opening

High oversubscription (5.68x) demonstrating demand
Foreign investment pedigree with Korean backing
Rising adoption of prefabricated construction solutions
Limited float due to only 19.52% allotment success
Government focus on infrastructure and housing

Factors That May Limit Gains

Moderate BB credit rating
Sensitivity to broader NEPSE sentiment
Competitive landscape in construction materials
Macro variables such as interest rates and inflation

Expert Opinion

Market analysts broadly expect a Rs. 140-170 opening range, equivalent to a 40-70% listing gain. Actual performance will depend on listing-day sentiment, sector momentum, and early-session trading volumes.

Investment Perspective

Strengths

Technology transfer and quality assurance from Korean partners
Growing domestic demand for prefab solutions
62-dealer distribution network covering Nepal
Multiple complementary product lines
Strategic manufacturing base in Chitwan

Considerations

Moderate credit risk profile
Need to monitor competitive positioning
High promoter holding (63%) limits free float
Construction demand can be cyclical

What's Next for Allotted Investors?

Timeline for Listing

Allotment Completion: Today
Expected Credit to Demat: 3-5 business days
Listing Date: To be announced by NEPSE
Trading Commencement: Immediately after official listing

Trading Tips

Track NEPSE and sector performance before listing
Set a target exit or holding strategy in advance
Avoid panic selling in volatile opening sessions
Evaluate long-term prospects for fundamental investing
Maintain portfolio diversification to manage risk

Frequently Asked Questions

When will shares credit to Demat? Usually within 3-5 business days after allotment.
What if I wasn't allotted? The blocked amount will be refunded automatically within 2-3 working days.
Can I sell on listing day? Yes, once shares are credited and trading begins.
What was the issue price? Rs. 100 per share.
How many shares could one apply for? Minimum 10 units (Rs. 1,000) and maximum per SEBON guidelines.

Conclusion

The SY Panel Nepal IPO showcases strong investor confidence backed by Korean expertise and Nepal's growing prefabricated construction market. While listing gains look promising, investors should align decisions with their risk appetite, credit view, and time horizon.

Disclaimer: This article is for informational purposes only and should not be considered investment advice. Please consult a qualified financial advisor before investing.