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Jyoti Life Insurance IPO Issuance approved

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SEOBN has given granted permission to Jyoti Life Insuranc e to issue IPO shares. Upon receipt of this approval, the company will set an IPO share issue date shortly. SEOBN has given approval for the issuance of ordinary IPO shares of 66 lakh units worth Rs. 660000000 to general public soon.  Jyoti Life Insurance Company Limited (JLIC) had  got the license to do business on August 5, 2017. "We have expanded our branch from the beginning to serve 10 locations," said Pashupati Murarka, chairman of the company.  Jyoti Life Insurance Company Limited is established under Company Act 2063 and Insurance Act 2049 as a Public Limited Company in July 2017. Jyoti Life Insurance Capital The company has 42 promoters. The authorized capital of the company is Rs. 3 billion, issued capital Rs. 2 billion 200 million. The company, which currently has a paid-up capital of Rs. 660 million shares are to be issued. After the issuance of shares, the capital increased to Rs. 2 billion 200 milli...

IPO allotment result of Prabhu Life Insurance Limited

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Prabhu Life Insurance Ltd (PLIL) IPO Result has been published today ( 25 Dec 2020). Prabhu Life insurance ipo result Allotment event of IPO Share of Prabhu Life Insurance IPO result of prabhu life insurance has been published today. You can check ipo result of prabhu life insurance by clicking above picture. 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. HOW TO CHECK IPO RESULT | IPO KHABAR IPO Issue Details of Prabhu Life Insurance Limited Prabhu Life Insurance Ltd had applied f...

IPO Issue of Sanima General Insurance | IPO KHABAR

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Sanima General Insurance Limited  (SGIL) has closed the issue of 30,00,000 units of Initial Public Offering to the general public from Ashwin 25, 2077. This IPO issue was open since Ashwin 21 and was open for four working days. IPO RESULT

Samaj Laghubitta Bittiya Sanstha and Swastik Laghubitta Bittiya Sanstha going to merger and will be issued FPO

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Samaj Laghubitta Bittiya Sanstha and Swastik Laghubitta Bittiya Sanstha  have been merged. The two organizations signed an agreement to merge on 2077 Aswin 05. Samaj Laghubitta has already issued ordinary shares (IPO) to the public. Even though the IPO was issued, it was not listed in the secondary market yet. Samaj Laghubitta IPO | Samaj Laghubitta IPO Issue | IPO KHABAR The Samaj Laghubitta has signed a merger agreement before the listing. Another company, Swastik Laghubitta , has not issued an IPO. Jeevan Khanal, CEO of Swastik Laghubitta , informed that the FPO will be issued after the merger. According to CEO Khanal, the swap ratio will be 1 to 1 and the name after the merger will be Swastik Samaj Laghubitta Sanstha .  It has been agreed that Satyanarayan Jha, who is currently the chairman of Swastik Laghubitta, and Kishor Mahato, who is the CEO of the Samaj Laghubitta, will be the chairman of the organization to be formed after the merger. Khanal, who is currently the CE...

General Insurance's IPO allotment RESULT

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 General Insurance Company Nepal Limited (GICNL) 's IPO shares will be allotted tomorrow 2077 Ashwin 20. Allotment to be streamed live via NIBL Ace Capital's FB page. Click Here Facebook LIVE.

IPO ISSUE Of General Insurance Company GICNL Issue Published Today | IPO KHABAR

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General Insurance Company Nepal Limited  is issuing 30,00,000 units worth Rs 30 crore as Initial Public Offering to the general public from today (Ashwin 11-14, 2077). The early closing date of this issue is on Asoj 14 and if the issue is not fully subscribed till Asoj 14, then it can be extended up to Asoj 25, 2077. Out of the offered 30,00,000 units; 4% of the total offered shares to the general public i.e. 1,20,000 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 1,50,000 units have been set aside for the mutual funds. The remaining 27,30,000 units are for the general public. NIBL Ace Capital Limited has been appointed as the issue manager for the IPO issuance. Applications can be placed for a minimum of 10 units and a maximum of 10,000 units.  After the issuance of 30,00,000 units worth Rs 30 crore IPO shares the general public i.e 30% of total capital which will together raise its ...

New Biggest ever IPO Issue of NIFRA - Nepal Infrastructure Bank | IPO KHABAR

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Nepal Infrastructure Bank Limited (NIFRA),  is going to issue biggest ever IPO in the market very soon. Being the first Infrastructure Development Bank of the nation, the bank aims to bridge the infrastructure financing gap by raising resources from domestic and international market through innovations like: establishing Equity, Debt, Mezzanine and Sector Fund Structures, Issuing On-shore and Off-shore Bonds and Debenture, etc. NIFRA will be issued Rs 8 arba IPO shares ie 8 crore Units shares. NIFRA has appointed NIBL ACE Capital as issue manager.  Company Background of NIFRA To accelerate the infrastructure development and bridge the financing gap in infrastructure and its allied sectors in Nepal, Nepal Infrastructure Bank Limited (NIFRA) is established by Banks and Financial Institutions (BFIs), Life and Non-life Insurance companies and other private sector leading entities and team of entrepreneurs in joint participation with the Government of Nepal (GoN). The Bank aspires ...