Dear seniors…
I got bonus kitta of uli today..
And i am not able to sell it .
It doesn’t appear in tms system….
What may be wrong please help..
Do i need to contact broker.. !
View on r/NepalStock by AcanthocephalaFull97
Tag: Life
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Uli ( union life insurance cannot sell)
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Citizen Life Insurance Company IPO Shares Now Listed on NEPSE; Opening Ranges Revealed
Citizen Life Insurance Company Limited (CLI) has successfully listed 37,500,000 IPO shares on the Nepal Stock Exchange (NEPSE). This includes shares held by the company’s promoters as well as those issued to the general public.
The initial trading range for these shares is set between Rs. 172.43 and Rs. 517.29. If CLI enters into an agreement with NEPSE, these IPO shares will become available for trading in the secondary market the following day.
Among the total 37,500,000 shares, 90,00,000 IPO shares were offered to the general public at a price of Rs. 244 per share, which comprises a face value of Rs. 100 and a premium of Rs. 144 per share. This offering took place from the 15th to the 19th of Bhadra, 2080.
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IME Life Promoter Share K hunxa ??
Suppose I have 10,000 Promoter shares of IME Life and now accordingly they will be traded from Sunday. So, What will happen to those 10,000 ? Will they be completely diluted or only some percentage? I did try googling for answers but was unable to get correct answers. Responses will be much appreciated 👍
View on r/NepalStock by Froos_trated
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Has this ever happened in an IPO listing? Reference: IME life insurance. Is it stupid to blame it all on Mutual Funds? Was the opening range so high causing immediate decline from day 3?
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[Source: Merolagani](https://preview.redd.it/ht4d1j4n6thb1.png?width=910&format=png&auto=webp&s=0e4f44b0f53473f34da2c091c23841203cef53fc)
View on r/NepalStock by consciousVerse
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Best term life insurance in which company?
What is the best term life insurance of cheap premium, maximum term about 30-35+ and SA high with nice riders like CI, ADB, PDA, PWB….
What is good health insurance similar with low premium and max SA.
Which insurance product of which insurance company do you think is fine. Term and health.
View on r/NepalStock by nobody_knowss1
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Reliable life insurance ko ipo kata harayo ?
12 13 din vaisakyo RLI allocation vako , aile samma dimat ma aaudaina ta aba karobar jhan kaile hune ho , and manakamana ni harayo ta.
paisa navayera sankatkal lagya bela ma jhan dubaune vaye ta . aba ta ipo varne paisa samet xaina tyo nabechi ta .
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View on r/NepalStock by Sad_Engineering6298
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[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
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Is national life insurance a scam or a worth investment?
One of my relatives approached me asking to take one of the packages of national life insurance?
Is it worth it? Or is there something hidden deep down and ends up as scam?
Since, they are my relative i can’t say no, but it seems like a big sum, i don’t want to be tricked.
View on r/NepalStock by Hefty_Background2836
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“Nepal Life Insurance Partners with Red Cross for Dudhkunda Health Camp”
Nepal Life Insurance, in collaboration with the Nepal Red Cross Society, conducted a free primary health camp at Dudhkunda in Solukhumbu district. This remote location sits at an elevation of 4,632 meters above sea level. The health camp was held from Shrawan 11 to 14, 2080, primarily aimed at providing essential medical services to pilgrims.
During the event, a total of 422 individuals were able to directly benefit from the healthcare services provided at the camp. This initiative demonstrates Nepal Life Insurance’s commitment to promoting health and well-being, especially in challenging and high-altitude environments like Dudhkunda.
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“Final Day for Citizen Life Insurance IPO Applications; Oversubscribed 1.38 Times with 11.07 Lakh Applicants”
Citizen Life Insurance Company Limited is concluding its public offering of 90,00,000 unit shares starting today, which commenced on the 15th of Bhadra, 2080.
The company’s total issued capital is Rs. 3.75 Arba, and out of this, 30%, or 1,12,50,000 unit shares, are being offered to the public, including Nepalese citizens working abroad.
Of the total offering, 10% (11,25,000 unit shares) went to Nepalese citizens working abroad, 5% (562,500 units) is reserved for company employees, and another 5% (562,500 units) is set aside for mutual funds. The remaining 90,00,000 units are available to the general public since Bhadra 15.
These shares are being issued at Rs. 244 per share (comprising a Rs. 100 face value and a Rs. 144 premium) for the general public, while employees of the company can obtain them at a par value of Rs. 100.
NIMB Ace Capital is overseeing the issuance. The IPO is expected to raise a total of Rs. 2.66 Arba for the company, with Rs. 1.53 Arba as the premium amount and the rest contributing to the paid-up capital.
As per the CDSC (Central Depository and Clearing Company), there have been 11,07,048 applicants, applying for a total of 12,450,120 units worth Rs. 3.03 Arba. Consequently, the offering has already been oversubscribed by 1.38 times.