• [MEGATHREAD] 90 Lakhs kitta IPO of Citizen Life Insurance (Sep 1 – Sep 5, 2023)

    [MEGATHREAD] 90 Lakhs kitta IPO of Citizen Life Insurance (Sep 1 – Sep 5, 2023)


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    https://preview.redd.it/13cq9m2b29lb1.jpg?width=1200&format=pjpg&auto=webp&s=6529872cfbffd52aae9819355183b22abbcb5ee6

    **Use this thread for discussing IPO of Citizen Life Insurance Company Limited.**

    **All other posts will be rejected, repeat violators will be banned.**

    * Issue Price: Rs 244 per share (Rs 144 premium on top of Rs 100 par value)
    * Issue Date: Bhadra 15 – Bhadra 19, 2080
    * Issue Size: 90,00,000 units for General Public
    * Minimum application is for 10 units
    * Maximum application is for 15,00,000 units *(should be multiple of 10)*
    * Issue Manager: NIMB Ace Capital Limited
    * Credit Rating: \[ICRANP-IR\] BBB- *(indicates moderate degree of default regarding timely servicing of financial obligations)*

    **FAQs:**

    * How to Apply: Online through MeroShare or C-ASBA approved banks
    * How many units to apply: 10 kitta or Rs 2,440

    **Who can apply?**

    * All general public except institutional investors
    * Staffs of the company (5,62,500 shares set aside as quota)

    **Things to Note:**

    * Paid-up capital will reach Rs 3.75 Arba after the IPO
    * Promoter-public ownership will be 70:30 after the IPO
    * Networth Per Share: Rs 172.43 (audited Q4 FY 78/79)
    * Earnings Per Share: Rs 21.49 (audited Q4 FY 78/79)
    * **Tentative opening range after listing: Rs 172.43 — Rs 517.29**

    Links: [Offer Letter](https://www.niblcapital.com/wp-content/uploads/2023/07/CLICL_IPO-Announcement-to-Foreign-Employment-1.pdf?x30034) (PDF) | [Credit Rating](https://www.icranepal.com/wp-content/uploads/2022/06/238.Rationale_Citizen-Life-Insurance-Company-Limited-CLICL_May-2022.pdf) (PDF)

    View on r/NepalStock by AutoModerator

  • Is there any options to edit the verified right share application on Meroshare?

    Is there any options to edit the verified right share application on Meroshare?


    Mistakely, I applied to API right share with only 10 units. The application is already verified from the other end. Thus, is there any alternative with which I can edit the applied units?

    View on r/NepalStock by TimeComfortable7042

  • MBL trade / recent insider halla.

    MBL trade / recent insider halla.


    Mbl ko insider trade gareko arop xa broker 62 ma. Manxe ma panic ta aauni haina yesto bela ma? J kura ma pani panic huni mahol xa investors ko. Yo trade exit gardim ki setup ma stick vayera basam? Yesso experience trader le serious sujab salla dim na, dhanya huni thiye🙏🏻

    View on r/NepalStock by Anxious_Expert_8746

  • In nepal is it possible to buy stocks of foreign companies?

    In nepal is it possible to buy stocks of foreign companies?


    In Nepal
    Is it possible to invest in foreign countries by an individual ?
    If it is possible by an institution then what are the terms and conditions?

    View on r/NepalStock by Nepal_queries

  • Can existing promoter/promoter family apply for IPO of a company?

    Can existing promoter/promoter family apply for IPO of a company?


    Can existing promotoer or thei family apply for IPO of general shares of a company? Is there some rule regarding this?

    View on r/NepalStock by masakkkali

  • Daily Discussion Thread (Sunday – Sep 03, 2023)

    Daily Discussion Thread (Sunday – Sep 03, 2023)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    ALL OTHER **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • Discussion: Premium IPO issuing trend

    Discussion: Premium IPO issuing trend


    Why are a lot of companies issuing premium IPOs? Even if they aren’t listed in NEPSE yet. Please educate me.

    &#x200B;

    View on r/NepalStock by Iniestinha

  • Daily Discussion Thread (Monday – Sep 04, 2023)

    Daily Discussion Thread (Monday – Sep 04, 2023)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    ALL OTHER **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator

  • Why can’t AKPL shareholder apply for right share of the bonus share?

    Why can’t AKPL shareholder apply for right share of the bonus share?


    Book close date for 10% bonus share of AKPL was 2022-11-04. Book close date for AKPL 1:1 right share was 2023-07-10. AKPL distributed bonus late i.e. only at 2023-07-20. So shouldn’t we get right share of bonus as well?( as price was adjusted accordingly). But we can’t apply right of the bonus share currently.

    View on r/NepalStock by Far-Ad-6066

  • Daily Discussion Thread (Tuesday – Sep 05, 2023)

    Daily Discussion Thread (Tuesday – Sep 05, 2023)


    Use this post to discuss what to buy/sell/trade/avoid/watch today and in the coming days.

    As always, the rules still apply.

    **Have a TMS or Meroshare issue? Query about EDIS or collateral? Ask here instead of creating another thread. All queries regarding TMS, MeroShare, Broker issues, EDIS, Settlement and Payments should be asked here.** >!DO NOT create another post.!<

    BEGINNER? [**Go here first!**](https://www.reddit.com/r/NepalStock/wiki/beginners-guide)

    ALL OTHER **INDIVIDUAL** POSTS ASKING:

    * what to buy or sell,
    * or what bank to buy,
    * or what insurance to buy,
    * yo share kati samma mathi jancha hola
    * IPO ma pareko yo share kun din bechda ramro hola, ajhai 1-2 din parkhine ki nai etc.

    will be deleted. Repeat violators will be banned.

    Happy Investing!

    View on r/NepalStock by AutoModerator