Check The Result Of Union Life Insurance Company IPO Now
Union Life Insurance Company Limited is preparing to issue an IPO. The company has received approval from SEBON for the issue on Jestha 09. 58,05,00 units from 64,50,000 units of IPO will be available for application to the general public from Ashad 24, 2078. You can apply till Shrawan 7, 2078 if the issue is not oversubscribed.
5% of the total offered shares will be available for the employees of the insurance company. Similarly, 5% of the total offered shares will be available to mutual funds.
Union Life Insurance Company Ltd. has been established and registered under Company Act 2063 and Insurance Act 2049 in the year 2074 B.S. They got a license to operate Life Insurance Business on 2074/03/20(04/07/2017).
The authorized capital of the Company before the IPO is NRs. 215 crore. The promoters have contributed 70% of this, amounting to NRs. 150.50 Crore whereas the other Nepalese Citizens are to contribute the remaining 30% of this capital amounting to NRs. 64.50 Crore.
PRESENT BOARD OF DIRECTOR’S COMPOSITION:
(i) Mr. Sulav Agrawal – Chairman
(ii) Mr.Sandeep Kumar Agrawal – Director
(iii) Mr.Jeewan Kumar Agrawal – Director
(iv) Mr. Debi Prasad Sharma – Independent Expert Director
How To Check The Result Of Union Life Insurance Company IPO Now
It’s quite simple to check the result these days. Quick ways of checking the IPO result of Union Life Insurance Company Limited IPO are:
next coming ipo and secondary sare.inform me
ok sir