sun nepal life insurance ipo resultsun nepal life insurance ipo result

Are you guys searching for the latest issue IPO Sun Nepal Life Insurance IPO Result date and the final announcement? The company has already set a date for the IPO result announcement of Sun Nepal Life Insurance. In this blog, we will discuss Company’s detailed IPO result dates and different ways to check IPO Results.

About Sun Nepal Life Insurance IPO Company

Sun Nepal Life Insurance is an Insurance Company of Nepal. Its headquarters lies in New Plaza, Kathmandu, Nepal. Sun Nepal Life Insurance will be soon listed on Nepal Stock Exchange (NEPSE) after the allotment process.

The IPO got approval on 2080/03/19. The initial public offering of Sun Nepal Life Insurance began on 2023-08-17 at 10:00 AM and will end on 2023-08-21 at 5:00 PM.

Company NameSun Nepal Life Insurance
HeadquarterNew Plaza, Kathmandu, Nepal
SectorInsurance
Issue ManagerNepal SBI Merchant Banking Limited
Minimum Share Quantity to Apply10 Units
Maximum Share Quantity to Apply20,000 Units
Issue Open Date2023/08/21 at 5:00 pm
Issue Closed DateRs. 239 per unit
RatingCARE-NP IPO Grade 4
Sun Nepal Life Insurance IPO Result Date1st Week of September 2023
Premium Share PriceRs. 239 per units
Issue DescriptionFor General Public
Company Detail.
Sun-Nepal-Life-Insurance-IPO-Result

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Sun Nepal Life Insurance IPO Result Check Date

Sun Nepal Life Insurance IPO Result will probably be announced within the first week of September 2023 after the end of the issue closed date. Sun Nepal Life Insurance has issued a total of 76,80,000 units of shares to the general public.

The minimum share that the general public can apply for is 10 units and the maximum is 20,000 units of shares but the possibility of allotted share can be 10 units only because nowadays IPO will be oversubscribed before the end of apply date.

Ways to check Sun Nepal Life Insurance IPO Result

Sun Nepal Life Insurance IPO Result can be checked online on CDS and Clearing Limited and Nepal SBI Merchant Banking Limited websites. The Applicant can also check IPO Result easily by logging into Meroshare. For the More Detail Read this:

  • IPO Allotment 2080 | Iporesult.cdsc.com.np Check IPO Result in Mero share

Check from Here too Direct Link:

Conclusion

Sun Nepal Life Insurance IPO Result will be on the first week of September 2023. The allotment process will be done by lottery process by the Capital. If you are alloted then the total cost of the IPO will be deducted from your account if not then the bank will refund your amount within some day. I wish you very good luck with the allotment.

Best of Luck!!!

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By drasolt