Union Life Insurance Company Limited IPO Issue is closed with highest applications, when will IPO Result published? check from 3 More best and faster way

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 Union Life Insurance Company Limited (ULICL) IPO issue 64,50,000 units to the general public has been closed Monday i.e. 2021, Jul 12. The issue has collected 21,50,478 application of 3,40,10,890 units. Since it was oversubscribed on the first day of issue now reached by 5.8 times in terms of the number of units. All applications through the online and c-asba application forms are completely centralised. The issue manager Prabhu Capital Limited has announced final eligible application report. We can assumptions that numbers of DEMAT account opening these days, probability to get 10 Units IPO Share for the applicant has been stepping down day by day. The IPO issue has received the highest number of applicants for a single IPO issue in Nepal's capital market history.


IPO Share Allocation Details:
Company Full Name: Union Life Insurance Company Limited (ULICL)
Total IPO ISSUE : 64,50,000 Units
Date of IPO ISSUE Open: 24 Ashadh 2078
Date of IPO ISSUE Close: 28 Ashadh 2078
IPO ISSUE Manager: Prabhu Capital Limited
Allocation for Mutual Investment Fund: 3,22,500 Units
Allocation for Company Employees: 3,22,500 Units
Allocation for General Public: 58,05,000 Units
IPO ISSUE RESULT DATE: 2078 Ashadh 31 at 5PM.


Best way to check IPO ISSUE RESULTS are as follows:

  1. IPO ISSUE Company Website
  2. IPO ISSUE Manager Website and
  3. CDSC IPO Result Website


  1. IPO ISSUE Company Website
We will be able to see IPO RESULT from concern company's official website. Since Mahila Laghubitta Bittiya Sanstha IPO result, CDSC has set 3 official trusted sources to get IPO ISSUE RESULT protecting investors personal data privacy and security. If a company issue IPO Share must acknowledge IPO ISSUE RESULT to the investors itself securely. i.e Union Life Insurance Company Limited must provide data of IPO ALLOTMENT RESULT.
Union Life Insurance Company IPO Result website is: https://unionlife.com.np/

  1. IPO ISSUE Manager Website
Every Company appoints IPO SHARE Issuance Manager to issue IPO Share for the public must provide IPO ALLOTMENT RESULT. So that for IPO Allotment result Prabhu Capital Limited will publish IPO Result Allotment in its website.
Company IPO Result Website is: https://www.prabhucapital.com/share-allotment

  1. CDSC IPO Result Website
The last way to check IPO Result is CDSC IPO Result website. where we can find all recent IPO Result status login its result url.
CDSC IPO Result website is: https://iporesult.cdsc.com.np/

Hence, at the time of IPO Result all above websites won't work properly due to heavy website visitors traffic. so we recommend to view IPO Result after 2 hours of IPO Allotment announcement from capital. 

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