Nepal Life Insurance 30.96 lakh units FPO shares listed in NEPSE; Shares to be traded after 7 days
- ShareSansar, April 20, 2017 on Dividend, Right & Bonus , Featured , Latest , Share Listed , Stock Market
Nepal Stock Exchange (NEPSE) has listed 30,96,429 units Further Public Offering (FPO) shares of Nepal Life Insurance Company Limited (NLIC) today. The shares will be deposited into the individual demat accounts of the FPO allottees within 7 days.
The listed shares will be tradable in NEPSE after 7 days of listing.
NLIC had issued 30,26,429 units shares at a premium price of Rs 1425. 165,564 out of 255,053 applicants were allotted a minimum of 10 shares and maximum of 1,741 unit shares.
Nepal Life Insurance Company currently has a paid-up capital of Rs 3.09 arba. Its last traded price (LTP) stand at Rs 2390 as on April 19, 2017.