IPO Issue Date Fixed: Union Life Insurance Company Limited

Union Life Insurance Company Limited (ULICL) IPO Issue and IPO Result (Allotment) Total IPO Issue (Unit): 64,50,000 Total IPO Worth (Rs) 64,50,00,000 IPO Issuance Manager: Prabhu Capital Limited IPO Result / IPO Allotment Result Status: Application Receiving IPO Face Value Rs. 100 Date of Approval From SEBON 2078-2-30 IPO Issued Date 2078-03-24 to 2078-03-28 5:00PM Share for Mutual Investment Fund 5% (Unit) 3,22,500 Units Share for Company Employees 5% (Unit) 3,22,500 Units Share for Individual Investor (General Public) 58,05,000 Units ICRA Nepal Credit Rating (ICRA) [ICRANP-IR] BBB (assigned) * Note: Issuers with this rating are considered to have moderate degree of safety regarding timely servicing of financial obligations. Union Life Insurance IPO RESULT | UPDATE About Company summary: Union Life Insurance Company Limited has been established with the intention of contributing to the economic development of the country and strengthening the economic living ...