Skip to main content

Union life insurance will issue ipo to the general public from ashadh 24 2078

Union Life Insurance IPO Issue Date

Union Life Insurance Limited is going to issue (initial public offering) IPO from July 08, 2021 ( Ashadh 24, 2078). The company will issue 64 lakh, 50 thousand to the general public. Out of total issued shares, the three lakh twenty-two thousand and five hundred (322500) units shares are allocated to the employees of the company and another same units share is allocated to the mutual fund.



IPO application Limit

Applications for the IPO can be submitted as early as July 12 and as late as July 20. Investors will be able to apply for a minimum of 10 lots and 32,250 units. Nowadays the demat holders are growing day by day. As we know the attraction on the insurance companies IPO is very high to the investors. Application for 10 units is good because as we all know that only the lucky applicants will get 10 units shares each at the time of allotment.


Issue Manager

The IPO issuance and sales manager is Prabhu Capital Limited. 

How to Apply

Interested applicants can apply through C-ASBA member banks and financial institutions and Mero share. If you  owned Demat account and bank account then you can give application through bank. If you are the subscriber of Mero share account then you can easily apply IPO online (from desktop and laptop )

Credit Rating of ULICL

ICRA Nepal has given ICRA NP Issuer a Triple B rating to the insurance company. This indicates an average risk in the company's ability to bear financial obligations.

Paid Capital of ULICL

Nowadays the company has paid-up capital is Rs 1.5 billion. After the IPO issuance and distribution, the company's paid-up capital will reach Rs 2.15 billion.

About ULICL 

This life insurance company was established on 22nd May 2017 under the company act and insurance act. This company is owned by the renowned business house such as Jagadambaa Group, Golchaa Group, Gadiya Group, Newpane Group, Rajesh Hardware and Tibrewala Group. Sulav Agrawal is the Chair Person of ULICL.




Comments

Popular posts from this blog

IPO result date of Manakamana Smart Laghubitta | How to check IPO result | iporesult.cdsc.com.np

The IPO allotment date of Manakamana Smart Laghubitta Bittiya Sanstha Limited is  12 th  July, 2021 . The result of MSLBL will be available in three main online websites which we have discussed below. First lets discuss something about the Manakamana Laghubitta Bittiya Sanstha Limited's IPO. This microfinance company issued three lakh eighty nine thousand units IPO shares to the general public whereas  six thousand fifty eight unit shares are allocated to the employees and nineteen thousand four hundred fifty unit shares are allocated to the mutual fund. We the general people are applying for three lakh sixty three thousand four hundred and ninety two unit shares .The IPO issue manager of the IPO is NMB Capital Limited. How to check the IPO result of MSLBSL ? The IPO allotment/result of Manakamana Laghubitta Bittiya Sanstha Limited is available online on three following sites. Official IPO Result website of CDSC Official Website of NMB capital Mero share web software Official Webs

How to check IPO result of Jeevan Bikas Laghubitta Bittya sanstha Limited

The IPO result/allocation date Jeevan Bikas Laghibitta Bittiya Sanstha Limited is July 7, 2021. According to the NMB capital, the pre-allotment was already done. In this post, we are going to tell you that how to check the IPO result of Jeevan Bikas Laghubitta Bittiya Sanstha limited. To check the IPO result of JBLBSL is very easy. There are four ways to check the IPO result which are as follows. ### IPO Result website of CDSC Official website of NMB Capital Mero Share application Notice at the official website of Jeevan Bikas Laghubitta Bittiya Sanstha Limited Official Website of CDSC: The official website of CDSC was launched three months ago. In previous days the IPO result was published on different share news sites like sharesansar.com merolagani.com etc. Due to the privacy of shareholders, the CDSC has launched the official site iporesult.cdsc.com.np to view the result of the initial public offering. Due to the high traffic at the time of the IPO result, you may face pr

Kalinchowk Darshan IPO Result Check IPO result of Kalinchowk

The shares issued by Kalinchok Darshan Limited from January 3rd to January 6th have been distributed to the general public. The company's share issue and sales manager Navil Investment Banking Ltd.'s office is Narayanchaur, Naxal for allotment of shares. In the IPO of the company, more than the maximum number of applications were submitted for the issuance of securities and the bond fund directory, according to the round robin method, at least 10 shares were distributed. Click Here to View Result In the company's IPO, 14 lakh 73 thousand 969 applicants applied for 1 crore 66 lakh 70 thousand 990 shares. Among them, 8 thousand 206 applicants' applications were rejected, 14 lakh 65 thousand 763 eligible applicants, 89 thousand 640 applicants, 8 million 96 lakh 400 shares were bonded. The company has set aside 18 percent of its issued capital of 60 million rupees, which will be 10 million 80 million rupees, equal to 10 million 80 thousand shares. Of this, 10 percent, i.