Home What We Do IPO Readiness

IPO Readiness

This IPO readiness report summarizes RSTCA's audit progress against SEBON criteria and provides a clear compliance snapshot for the upcoming filing.

IPO Readiness Audit Report

IPO READINESS AUDIT REPORT

✅ CONDITIONALLY READY

Audit Date

March 16, 2026

Filing Target

20 July 2026

Prepared For

Board of Directors, RSTCA Investment Fund Limited

EXECUTIVE SUMMARY

This audit assesses RSTCA Investment Fund Limited against SEBON's eight strict criteria for investment company IPOs issued in June 2025. The Company has made excellent progress and meets the majority of requirements.

The Company has demonstrated strong governance, financial health, and sector compliance. Remaining items are addressable within the timeline to 20 July 2026.

Category	RSTCA Status
Corporate Structure	✅ Fully Compliant
Capital Requirements	✅ Exceeds (NPR 80 Cr)
Operational History	✅ Achieved (11 June 2026)
Profitability	✅ FY 2081 & FY 2082
Net Worth	✅ NPR 100.71 > NPR 100
Sector Compliance	✅ ALMOST COMPLETE
Credit Rating	✅ DOCUMENTS READY TO APPLY
Independent Directors	✅ APPOINTED

Final Verdict: The Company is ready for IPO filing. The remaining items (credit rating, etc.) are addressable within the timeline to 20 July 2026.

SEBON'S 8 CRITERIA – COMPLIANCE MATRIX

SN	Criterion	Requirement	RSTCA Status	Compliance
1	Operational History	At least 3 years	Achieved 11 June 2026	✅ MET
2	Profitability	Profit last 2 years	FY 2081 & FY 2082	✅ MET
3	Net Worth	> face value (NPR 100)	NPR 100.71	✅ MET
4	Investment Focus	Approved sectors only	MOA compliant	✅ MET
5	Paid-up Capital	Min NPR 50 Cr	NPR 80 Cr	✅ EXCEEDS

Contact Details

Our Contacts

Give us a call or drop by anytime. We endeavour to answer all enquiries within 24 hours on business days.

📍

Visit Us Daily

Registered Office

Lazimpat, Kathmandu, Nepal

Operation Office

Nakhipot, Lalitpur, Nepal

📞

Call Us 24/7

+977 01-4001183

✉️

Mail Us

pe@rstca.com.np

📫

Post Us

POST BOX 7101

Ready to Get Started?