The IPO allotment for Reliable Nepal Life Insurance Limited (RENLICL) has wrapped up today at the Civil Capital Market premises in Sundhara, Kathmandu. The company had offered 9,600,000 IPO shares at a face value of Rs 100 per share, along with a premium of Rs 157, making the total cost per share Rs 257. This opportunity was made available to the general public from the 18th to the 22nd of Shrawan, 2080.
Highlights:
- Upper Syange Hydropower IPO Allotment: 11,44,127 Applicants Return Empty-Handed
- Last Day to Apply for IPO of Reliable Nepal Life Insurance; Oversubscribed 1.56 Times from 12.55 Lakh Applicants
- “NIMB Ace Capital Concludes Citizen Life Insurance IPO Allotment; Foreign Applicants Receive 10 to 50 Unit Shares”
- Reliable Nepal Life Insurance IPO: 12 Lakh Unit Shares for Nepalese Citizens Working Abroad
- IME Life Insurance IPO Oversubscribed 1.4 Times with 10.84 Lakh Applicants