Union Life Insurance Company Limited is going to issue 64,50,000 units of IPO to the general public from Ashad 24, 2078. As the craze of IPO is massive, it is pretty much sure that this IPO will get oversubscribed in a quick time. The early closing date of this issue is on Ashad 28 and if the issue is not fully subscribed till Ashad 28, then you can apply till Shrawan 7, 2078.
Facts about Union Life Insurance IPO:
- 5% of the total offered shares to the general public, 3,22,500 units have been set aside for the employees
- 5% of the total offered shares to the general public, 3,22,500 units have been set aside for the mutual funds.
- 58,05,000 units have been set aside for the general public.
Prabhu Capital Limited is the issue manager for the IPO issuance.
After the issuance of IPO shares, its paid-up capital will be Rs 2.15 Arba and the promoter/public ratio will be 70:30. ICRA Nepal has assigned the issuer rating of [ICRANP-IR] BBB (pronounced ICRA NP Issuer Rating triple B) to Union Life Insurance Company Limited IPO.
Check The Result Of Union Life Insurance Company IPO
There are multiple ways to check the IPO result of Union Life Insurance Company Limited IPO.
- MeroShare
- CDSC IPO Portal
- Prabhu Capital
Applications can be placed for a minimum of 10 units and a maximum of 32,250 units.
