Shares of Reliable Nepal Life Insurance in the Secondary Market Will be Traded from This Week

September 11th, 2023

Kathmandu : It has been informed that the IPO of Reliable Nepal Life Insurance in the secondary market will come at the end of this week. Reliable Nepal Life opened its sale of shares to the general public on July 23. The company sold the shares to the general public at Rs. 257 per share with a premium of Rs. 157 added to the face value of Rs. 100. The IPO distribution of the company has been completed. Among the applicants, 960,000 people got shares at the rate of 10 shares. The company’s IPO is seen to have an opening range of Rs 162.29 to Rs 486.87 per share for the first transaction.

 

 

 

Your Comment

Your email address will not be published. Required fields are marked *


*


Recommended for you

Citizen Life Insurance Celebrates 7th Anniversary with CSR Programs

Rastriya Banijya Bank Launches ‘Kisan Saral Karja’ for Farmers

Saraswati Shrestha: A Model of Perseverance and Success at Citizen Life Insurance

20 million Collected from Nepali Insurance Companies for International Inclusive Insurance Conference

Nepalese Insurance Experts Unaware of International Inclusive Insurance Conference in Kathmandu

Ministry of Agriculture Introduces New Procedure for Crop and Livestock Insurance Subsidies

Shikhar Insurance Expedites advance Payments for Flood and Landslide Claims

International Insurance Conference Postponed Due to Adverse Weather Conditions

Anju Shrestha Appointed CEO of HEI, promise to make better company at oath

Agriculture and Livestock Sector Suffers Losses more then Rs 6 Billion Due to Floods and Landslides

NLG Insurance Company Calls Special General Meeting to Approve Right Share Issuance

CAN Partners with MetLife Nepal to Provide Insurance for National Cricket Players