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