Union life Insurance Company IPO allotment Result
How to check the IPO result / allotment status.
Nowadays there are three sources to view the allotment result.
1. CDSC IPO result website CLICK HERE
2. Official Website of Prabhu Capital CLICK HERE
3. Mero Share Software CLICK HERE
4. Official website of Union Life Insurance Company CLICK HERE
1. CDSC IPO result website This website is developed by CDS and Clearing Nepal limited which was promoted by Nepal Stock Exchange. In this website we can check all the allotment result after Mahila Laghubitta Bittiya Sanstha Limited. To check the IPO result of Union life Insurance Company Limited via CDSC website Click Here. At the time of allotment you may face some problem while check result. Its happens because of heavy traffic on website
2. Official Website of Prabhu Capital : As we all know that Prabhu Capital is the IPO issue manager of ULICL. We can access the IPO allotment result from the IPO allotment page of prabhu capital Limited. To check the IPO result of Union life Insurance Company Limited via website of Prabhu Capital Click Here
3. Mero Share Software : The result can be viewed from meroshare. To view the result you have to go to the my asba section and after that click on application report. You will see application report on Union Life Insurance Company Limited and then click on view report
4. Official Site of Union Life Insurance Company Limited : You can also check the result at the official website of Union Life Insurance Company Limited.
Application Status of Union Life Insurance IPO issue.
The number of IPO application got the highest record ever in Nepalese share history. According to Prabhu Capital Over 21 lakh applicants had applied for the IPO issuance. Due to the oversubscription only 580500 applicant will get 10 unit each via lottery.
About Union Life Insurance Company Limited
Union Life Insurance Company Limited was established on 2074 BS. The Chairman of Company is Mr. Sulav Agrawal The different big business houses are the promoter of this life insurance company. The promoters of company are as follows
• Jagadamba Group
• Golchha Group
• Gadiya Group
• Naupane Group
• Rajesh hardware
• Tibrewala Group.
Financial Status of Company
• Authorized Capital : 215 Crore (Promoter: 150.5 Crore and General Public : 64.5 Crore)
• Share Net Worth : 115.83 (2075/2076)
• Earning per Share : Rs. 9.21 (2075/2076)
• PE Ratio : 8% (2075/2076)
Credit Rating Of IPO
ICRA Nepal has given ICRA NP BBB rating
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