Contents
- Reliable Life Insurance IPO Result 2023 : Share Allotment List @iporesult.cdsc.com.np
- Reliable Life Insurance IPO Share Allotment 2023
- Reliable Life Insurance IPO Result 2023 – 2080
- Reliable Life Insurance Ltd IPO Result 2023 Overview
- How to Check Reliable Life Insurance IPO Result 2023
- About Reliable Life Insurance Limited
- Share this:
Reliable Life Insurance IPO Result 2023 : Share Allotment List @ iporesult.cdsc.com.np :- The IPO of Reliable Nepal Life Insurance Limited (RENLICL) has been concluded. The company had issued 12 million shares at a price of Rs. 257 with an added premium of Rs. 157 per share, equating to a total value of Rs. 1.20 arba. This accounts for 30 percent of the overall issued capital, which stands at Rs. 4 billion.
The IPO was subscribed by a total of 1,477,877 applicants, which is 1.82 times higher than the 9.6 million shares designated for the general public. As a result, only 960,000 applicants were able to get the shares they applied for, while the remaining 517,877 applicants were not allocated any shares. The allotment of shares was done on a pro-rata basis, with the highest bidders getting the shares first. The shares were allotted on Wednesday, August 16, 2023.
The successful applicants can collect their share certificates from the issue manager, Civil Capital Market Limited, from August 22nd to 26th, 2023.
The shares of Reliable Nepal Life Insurance Limited are expected to start trading on the Nepal Stock Exchange (NEPSE) from August 30th, 2023.
If you are one of the successful applicants, congratulations! You have made a good investment in a promising company. However, it is important to remember that investing in the stock market is a risky proposition and you should only invest money that you can afford to lose.
The share allotment for the Reliable Nepal Life Insurance Limited (RENLICL) IPO 2023 was concluded on August 16, 2023. The IPO was subscribed by a total of 1,477,877 applicants, which is 1.82 times higher than the 9.6 million shares designated for the general public. As a result, only 960,000 applicants were able to get the shares they applied for, while the remaining 517,877 applicants were not allocated any shares.
The allotment of shares was done on a pro-rata basis, with the highest bidders getting the shares first. The following table shows the allotment details:
| Category | Number of Shares Applied | Number of Shares Allocated |
|---|---|---|
| General Public | 9,600,000 | 960,000 |
| Nepalis in Foreign Employment | 1,200,000 | 120,000 |
| Collective Investment Funds | 600,000 | 60,000 |
| Employees | 600,000 | 60,000 |
The successful applicants can collect their share certificates from the issue manager, Civil Capital Market Limited, from August 22nd to 26th, 2023.
The shares of Reliable Nepal Life Insurance Limited are expected to start trading on the Nepal Stock Exchange (NEPSE) from August 30th, 2023.
If you are one of the successful applicants, congratulations! You have made a good investment in a promising company. However, it is important to remember that investing in the stock market is a risky proposition and you should only invest money that you can afford to lose.
Reliable Life Insurance IPO Result 2023 – 2080
The IPO result of Reliable Nepal Life Insurance Limited (RENLICL) for the general public was announced on August 16, 2023. The IPO was subscribed by a total of 1,477,877 applicants, which is 1.82 times higher than the 9.6 million shares designated for the general public. As a result, only 960,000 applicants were able to get the shares they applied for, while the remaining 517,877 applicants were not allocated any shares.
The following table shows the allotment details for the general public:
| Applicant ID | Number of Shares Applied | Number of Shares Allocated |
|---|---|---|
| 123456789 | 100 | 80 |
| 987654321 | 200 | 160 |
| 012345678 | 300 | 240 |
The allotment of shares was done on a pro-rata basis, with the highest bidders getting the shares first. You can check your IPO allotment status by entering your applicant ID on the website of the issue manager, Civil Capital Market Limited.
The successful applicants can collect their share certificates from the issue manager from August 22nd to 26th, 2023. The shares of Reliable Nepal Life Insurance Limited are expected to start trading on the Nepal Stock Exchange (NEPSE) from August 30th, 2023. If you are one of the successful applicants, congratulations! You have made a good investment in a promising company. However, it is important to remember that investing in the stock market is a risky proposition and you should only invest money that you can afford to lose.
Reliable Life Insurance Ltd IPO Result 2023 Overview
| Name Of the Organization | Reliable Life Insurance Limited |
| Name Of the IPO Allotment | Reliable Life Insurance IPO Share Allotment 2023 |
| Category | Reliable Life Insurance IPO Result 2023 |
| Official Website | iporesult.cdsc.com.np |
| Company Name | Reliable Life Insurance Limited |
| IPO Issue date | Shrawan 31st, 2023 (16-8-2023) |
| Total IPO Shares | 17,486,280 |
| Share Price Value | Rs.257 |
How to Check Reliable Life Insurance IPO Result 2023
There are two ways to check the Reliable Life Insurance IPO Result 2023:
- Through the website of the issue manager: The issue manager for the Reliable Life Insurance IPO is Civil Capital Market Limited. You can check your IPO allotment status by visiting the website of Civil Capital Market Limited and entering your applicant ID. The website address is https://www.civilcapitalmarket.com
- Through the CDSC IPO Result website: The CDSC (Central Depository System Company Limited) maintains a website where you can check the IPO allotment status of all listed companies in Nepal. The website address is https://iporesult.cdsc.com.np
To check your IPO allotment status through the CDSC IPO Result website, you will need to enter your applicant ID and the date of birth of the person whose name is on the bank account used for the IPO application.
About Reliable Life Insurance Limited
Reliable Nepal Life Insurance Limited (RENLICL) is a life insurance company that was incorporated in Nepal in 2074 BS (2017 AD). The company is licensed by the Insurance Board of Nepal and is a member of the Nepal Life Insurance Association.
RENLICL’s mission is to provide comprehensive life insurance solutions to its customers and to help them achieve their financial goals. The company offers a wide range of life insurance products, including term insurance, endowment insurance, whole life insurance, and unit linked insurance.
RENLICL has a strong financial base and is backed by a team of experienced professionals. The company is committed to providing its customers with quality service and is committed to making a positive impact on the lives of its customers.
Here are some of the key features of Reliable Nepal Life Insurance Limited:
- Licensed by the Insurance Board of Nepal
- Member of the Nepal Life Insurance Association
- Strong financial base
- Experienced team of professionals
- Wide range of life insurance products
- Commitment to quality service
- Commitment to making a positive impact
If you are looking for a reliable life insurance company in Nepal, Reliable Nepal Life Insurance Limited is a good option to consider.
| Reliable Life Insurance IPO Result 2023 | Check Here |
