Reliable Life Insurance Ltd. is issuing IPO for the general people @ Rs.212 having premium of Rs. 112. It is issuing an IPO of a total number of units equals 60,00,000.
Civil Capital Market Ltd. has been appointed as an Issue manager for the IPO of Reliable Life Insurance Company Limited.
Reliable Life Insurance Limited IPO
Reliable Life Insurance Company Limited is issuing an IPO of share which price is Nrs 212. Likewise, the number of shares it is issuing is 60,00,000.This company belongs to the Insurance Sector.
The issue manager for this IPO is appointed to Civil Capital Market Limited. Since the number of applicants applying for IPO has increased and increased day by day.
A maximum of people is applying for the same IPO over a period of time. this creates competition for allotment to get the required units of shares. So in this competitive market, it will be always clever to apply for only 10 units of shares.
| S.N | Company IPO details | Details |
| 1 | Company Sector | Life Insurance |
| 2 | Issue Manager | Civil Capital Market Ltd. |
| 3 | Open IPO Date | — |
| 4 | Close IPO Date | — |
| 5 | Late Close IPO Date | — |
| 6 | No of Units | 60,00,000 units |
| 7 | Suitable to Apply (Locals) | — |
| 8 | For general public | 7,30,000 units |
| 9 | Locals | — |
| 10 | Price per Unit | Rs 212 |
| 11 | Suitable to Apply (General Public) | 10 Units |
| 12 | Rating by ICRANP | — |
| 13 | Maximum units apply (Kitta) | 1000 units |
About Reliable Life Insurance Limited IPO
Reliable Nepal Insurance Limited being life insurance company. It has got acceptance from both Insurance Board and Nepal Government.
There are a renowned group of economists, bankers, industrialists behind the company who are leading with their experience.
This company works for client welfare as it is focused on the client by providing a better approach to them.
Reliable Nepal Life Insurance Limited is always working with a motive to serve their client in their first request without creating any difficulties for them. It is customer-centric.
Reliable Nepal Life Insurance Limited also provide different types of policies in a different term. Similarly, it always tries to secure the client financially.
