Reliance Life Insurance IPO Will Open On Bhadra 4th 2077

Reliance Life Insurance IPO Will Open On Bhadra 4th 2077

Reliance Life Insurance is going to issue 63,00,000. (In words Sixty Three Lakh) Units IPO worth Rs. 63,00,00,000 (In words Sixty three crore) Rupees from Bhadra 4th 2077.

 

IPO Open Duration

  • IPO Open Date: Bhadra 4th 2077
  • Early Closing Date: Bhadra 8th 2077
  • Late Closing Date: Bhadra 22nd 2077

Issue Manager of Reliance Life Insurance Limited IPO

  • Sanima Capital Limited

 

See also :Samaj lughabitta IPO from Bhadra 4th 2077

 

Share Allocation of Reliance Life Insurance Limited IPO

 

Percentage No. of Shares Allocation
5% of total IPO 315000 To Company Employees
5% of total IPO 315000 To Mutual Fund
90% of total IPO 5670000 To General Public

Share Status of the Company

After the allocation IPO shares, the share structure of Reliance Life Insurance Limited will be

  • 70% Promoter Share
  • 30% Public Share

 

View NRN Infrastructure IPO Result

 

Credit Rating of Company

ICRA Nepal has assigned a grading of [ICRANP] IPO Grade 4, indicating below-average fundamentals, to the proposed initial public offering (IPO) of NPR 630 million of Reliance Life Insurance Limited (RLIL).

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