IPO allotment result of Prabhu Life Insurance Limited
Prabhu Life Insurance Ltd (PLIL) IPO Result has been published today ( 25 Dec 2020).
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Prabhu Life insurance ipo result |
Prabhu Life Insurance Ltd (PLIL) (former Star Life Insurance Co. Ltd.) has been going to issue IPO which is currently under preliminary review from SEBON.
PLIL serving it’s valued customers since 2074 Mangsir 28 (December 14, 2017) by providing various life insurance products and services across Nepal. It belongs to the Prabhu Group of Companies, a renowned business group in the nation. This life insurance company has been majorly promoted by Prabhu Bank Limited and Shangrila Development Bank – well trusted financial brands in the country.
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IPO Issue Details of Prabhu Life Insurance Limited
Prabhu Life Insurance Ltd had applied for approval to issue an IPO on Ashwin 14 to SEBON. Total number of share units will be issued is 60 lakh units to the general public
Total IPO Units of Prabhu life insurance: 60,00,000 Units.
ICRA Grade of Prabhu Life Insurance: Grade 4, indicating below-average fundamentals
Issue Manager of Prabhu Life Insurance: Siddhartha Capital Ltd.
Board of Directors of Prabhu Life Insurance Ltd
1. Dr. Atma Ram Ghimire
Chairman
2. Subhash Amatya
Director
3. Maniram Pokharel
Director
4. Naresh Bahadur Malla
Director
5. Rameshwor Sapkota
Director
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Prabhu Life Insurance announces its 3rd Annual General Meeting is going to be held on Ashoj 29,2077 at Kathmandu Marriott Hotel.
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