The IPO allotment process of Sun Nepal Life Insurance Company Limited has been completed today at the offices of the issue manager, Nepal SBI Merchant Banking Limited, in Kathmandu. Sun Nepal Life Insurance Company Limited had offered 76,80,000 unit IPO shares at a price of Rs. 239 per share, which consists of a face […]
. Citizen Life Insurance Company Limited (CLICL) is preparing to launch an Initial Public Offering (IPO) with a premium starting on the 15th of Bhadra. In this offering, the company plans to make shares available to the public at a base value of Rs 100 per share, with an additional premium of Rs 144,
Life insurance companies are currently in a strong competition to increase their premium collections. In the fiscal year 2079/80, until the month of Ashad, they collected a significant amount of Rs. 1.42 Kharba in premiums. This achievement was made possible by the hard work across 1.41 crore active insurance policies. According to a report
Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has recently listed 1,32,000 units of bonus shares on the Nepal Stock Exchange (NEPSE). During their 9th Annual General Meeting held on the 22nd of Ashad, 2080, the company approved a 15% dividend for the fiscal year 2078/79. This dividend will be distributed based on the company’s paid-up capital
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.
Reliable Nepal Life Insurance Limited is wrapping up its offering of 96,00,000 unit shares to the public, which began on August 23, 2080, and is now concluding on August 26, 2080. This life insurance company has a total issued capital of Rs. 4 Arba, with 30% (1,20,00,000 unit shares) being made available to the
Sun Nepal Life Insurance Company Limited will release 76,80,000 IPO shares starting August 15, 2023. The offer ends on August 20, but it could continue until September 4 if not fully subscribed. The company’s total capital is Rs. 3.2 billion, with 30% (96,00,000 shares) available for the public, including Nepalese citizens abroad. Additionally, 10%
The life insurance company recently offered its regular shares to the public at a premium price of Rs 244 per share, starting from Asar 31 to Shrawan 14, 2080. According to a press release, the company distributed shares based on different categories of applicants. Around 7,885 applicants received shares based on their requested quantity
“IME Life Insurance (ILI) IPO Shares to Be Listed on Nepal Stock Exchange (NEPSE). The agreement for listing 4 crore unit shares with a face value of Rs. 100 each has been finalized today. Civil Capital Market Limited will be the issue and sales manager for the IPO issuance.”
“Closing Today: Citizen Life Insurance IPO for Nepalese Citizens Abroad. The life insurance company’s IPO offering 11,25,000 unit shares to Nepalese citizens working abroad concludes on the 14th Shrawan. The total issued capital of the company stands at Rs. 3.75 Arba, with 30% of it, equivalent to 1,12,50,000 unit shares, being made available to
National Life Insurance Company Limited (NLICL) has listed 37,12,345.50 unit bonus shares on NEPSE. This decision came after the company’s 35th AGM, where a 14.5% dividend for the fiscal year 2078/79 was approved. The dividend includes 8% bonus shares valued at approximately Rs. 37.12 crores and a 6.5% cash dividend (including tax) worth Rs.
Sun Nepal Life Insurance Company Limited has commenced the issuance of 9,60,000 unit IPO shares exclusively for Nepalese citizens working abroad, starting from today, 1st Shrawan. The IPO issue will remain open until the 15th Shrawan, 2080. The total issued capital of the life insurance company amounts to Rs. 3.2 Arba, of which 30% or
United Ajod Insurance Limited, following the successful merger between United Insurance Company (Nepal) Limited and Ajod Insurance Limited, has listed a total of 1,90,45,680 shares on the Nepal Stock Exchange (NEPSE). The merger agreement was signed by UIC and AIL on Poush 27, 2079. The companies agreed on a swap ratio of 82.50:100, meaning that
Reliable Nepal Life Insurance Company Limited has initiated the issuance of 12,00,000 units of IPO shares exclusively for Nepalese citizens working abroad. The IPO shares will be available for subscription starting today, July 27th, and the closing date for the issue is August 10th. The company’s total issued capital is Rs. 4 Arba, with
IME Life Insurance Company Limited is concluding the issuance of 96,00,000 unit shares to the general public starting from today, which is the 25th of Ashad. The issuance began on the 21st of Ashad, 2080. The company has an issued capital of Rs. 4 Arba, out of which 30% or 1,20,00,000 unit shares are
