Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.

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Citizen Life Insurance Company Limited’s Public Offering (IPO) has been added to SEBON’s IPO for approval.

The company intends to distribute 11,250,000 unit shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price of Rs. 290 per share (Rs 100 face value + Rs 190 premium price). The company will a total of Rs. 3,155,65,000 through the IPO.



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