Union Life Insurance IPO Issue Date fixed
Union Life Insurance limited has been received permission to issue an IPO. The Securities Board of Nepal (SEBON) has been given permission to the company to issue IPO shares on July 27. The company is going to issue 64,50,000 units IPO shares to the general public from 24 Ashad 2078 i.e 08 July 2021. GroupWise IPO Offered details: For Company Employee (5%) : 3,22,500 Units For Mutual Funds (5%): 3,22,500 Units and remaining 58,05,000 Units For the General Public. Out of the offered 64,50,000 units; 5% of the total offered shares to the general public i.e. 3,22,500 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e.3,22,500 units have been set aside for the mutual funds. The remaining 58,05,000 units are for the general public. Prabhu Capital Limited has been appointed as the issue manager for the IPO issuance. General Public Applications can be placed for a minimum of 10 units and a maximum of 32,250 units. Wha...