We have information of Opening Range of Reliable Nepal Life Insurance ltd.
Opening Range of Reliable Nepal Life Insurance
Following are the detail information of opening range.
Reliable Nepal Life Insurance Company Ltd is a leading life Insurance company which was established in 4th December 2007. However, it got license only in 2nd August 2017. Similarly, the company has 8 branches, 69 sub-branches and 28,655 insurance agents.
Corporate office of the company is located at Gyaneshwor, Kathmandu, Nepal.
Similarly,the company is issuing IPO at premium of Rs. 157 which will make IPO price. 257.
The opening range of the company depend upon the audited book value of the company. So, as per the FY 2078/79, audited book value of the company is Rs. 162.29. hence, the opening range of the company will be Rs. 162.29 to Rs. 486.87.
Civil Capital Market Ltd is the Issue Manager for the IPO. Similarly, the company has got BBB for Issuing IPO to the general public.
As of now the company’s paid up capital is Rs. 2.8 arba. The company is issuing IPO of Rs. 1.2 arba which will make paid up capital Rs. 4 arba.
More Information About IPO
Following is the detail of IPO of Reliable Nepal Life Insurance.
|Name||Reliable Nepal Life Insurance Company|
|Sector||Life Insurance Company|
|Paid Up Capital||Rs. 4 Arba|
|Promoter Share||Rs. 2.8 arba|
|General Public Share||Rs. 1.2 arba|
|Nepalese citizens working abroad||12,00,000 unit shares ( 10% )|
|For Employees||600,000 units ( 5% )|
|Mutal Funds||600,000 units ( 5% )|
|General Public||96,00,000 units|
Hence, these are the information of IPO and Opening Range.
Other Important Links:
a. EPS of Life Insurance Company: CLICK HERE
b. EPS of Microfinance company: CLICK HERE
c. EPS of Commercial Bank: CLICK HERE
d. Top 10 Commercial Bank: CLICK HERE
Frequently Asked Questions:
a. Issue Manager of Reliable Nepal Life Insurance Company?
= Civil Capital Market Ltd is the issue manager of Reliable Nepal Life Insurance Company.
b. IPO allotment and IPO result Day?
= IPO allotment date will be decided by IPO issue manager?
c. Reliable Nepal Life Insurance IPO
d. Reliable Nepal Life Insurance Share Price.
= We can see the share price of Reliable Nepal Life Insurance live in Nepal Stock Exchange Website.