Nepal Breaking NewsNepal Stock Exchange Life Insurance IPO of 6 million units going public on...

    Life Insurance IPO of 6 million units going public on August 4th.

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    Life Insurance Company will releasing initial public offerings (IPOs) on August 4th.

    The company would issue 6,000,000 million IPOs for Rs 600,000,000 at a price of Rs 100 per share.

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    300,000 (5%) units of shares have set aside for corporate employees, while the same volume of shares has been set aside for the collective mutual fund.

    in general can apply for the remaining 5.4 million shares August 4 and ending August 8 at the latest.

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    CARE Ratings Nepal, Nepal’s credit rating agency, has assigned this company the rating CARE-NP BBB-.

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