The Initial Public Offering (IPO) of Union life insurance has been distributed, today.
Union life insurance had issued 64,50,000 units of IPO shares to the general public from 24 Ashad to 28 Ashad.
Of that, 5 percent or 322,500 shares were secured for employees and another 5 percent for mutual funds and the remaining 5.8 million shares was issued to public.
Union Life Insurance IPO Allotment Details
|Union Life Insurance|
|Allotment Details In Compliance to Securities Issuance and Allotment Directives, 2074|
|Allotment Date: 2078.03.31|
|The Issuing Company||Union Life Insurance|
|Issue Manager||Prabhu Capital Limited|
|Secunity Type||Common Stock – IPO|
|Total Issued Kitta (MF. Staffs & General Public)||64,50,000|
|Per Unit Share Price||100|
|Total No. of Security Issued||6,05,800|
|Issued Open Date||2078-03-24|
|Issued Closed Date||2078-03-28|
|Allotment for Mutual Fund||3,22,500|
|Allotment for Staff||3,22,500|
|Minimum Kitta To Apply||10|
|Maximum Kitta To Apply||32,250|
|Net Issue Kitta for General Public||58,05000|
|Total No. of Applicant Received||21,82,775|
|Application Rejected By BFIS||65,175|
|Total Verified No. of Application||2,117,600|
|Total Verified Kitta||32,087,930|
|Total invalid No.of Application||4,801|
|Total invalid Share Kitta||64,750|
|Total Valid No.of Application||2,112,799|
|Total Valid Share Kitta||32,023,180|
|Total Valid Kitta Applied||2,50,95,370|
1st Process CDSC IPO Result
How to check IPO result of union life insurance ?
The ipo results of union life insurance has distributed today at the office of issue manager NMB Capital Limited. .Those who have applied can check their results on https://iporesult.cdsc.com.np/.
Step 1:- Log on :- CDSC Website https://iporesult.cdsc.com.np/
Step 2:- Select company union life insurance
Step 3 :- Enter Your 16 Number BOID & Click the View buttons
Prabhu Capital IPO Result
- Log on : https://www.prabhucapital.com/share-allotment
- After that you need to select Unioun life insurance
- And next enter your Dmat Number or BOID
- So Next view your result
Check Your Union Life insurance result through Mero Share Website
How to check union life insurance ipo result through Mero Share?
-Go to https://meroshare.cdsc.com.np/
-Log in Your DP ID & Password
-After that Go to your My Asba and select Union Life insurance and click report button where you can see your result.