NEPSE STOCK

IPO Result Of Himalayan Reinsurance Limited

Himalayan Reinsurance Limited recently issued  2,49,00,000 IPO shares on the 2nd day of Poush, 2080.

Here are key insights into the Himalayan Reinsurance Limited IPO:

• Total IPO units: 3,00,00,000
• 10% (30,00,000 units) allotted to Nepalese citizens working abroad on the 24th day of Mangsir
• 2% (6,00,000 units) reserved for the company’s employees
• 5% (15,00,000 units) set aside for mutual funds
• 2,49,00,000 units offered to the general public at Rs. 206 per share (Rs. 100 face value and Rs. 106 premium price)

Prominent investors in Himalayan Reinsurance Limited include groups like  Ashlesha Enterprises, Allied Continental, Balaji Marbles, Golchha Group, Himalayan Infrastructure Fund Ltd., Shanker Group, Infinity Holdings, Lucky Group, Ramesh Corp, Shiv Shakti Group, Shalimar Investment, Saffron CK Investments, Vaishnav Enterprises, Murarka Group, K L Dugar Group, M V Dugar Group, R H Group, M S Corp, IME Group, and Prem Gurung and Group.

NMB Capital Limited is the issue manager for the IPO. Himalayan Reinsurance is the second reinsurance company in Nepal to undertake such an initiative.

Himalayan Reinsurance Limited, established in 2021, is a pioneering private-sector reinsurance company operating in both Life and Non-Life Insurance sectors within Nepal and internationally.

IPO Result Of Himalayan Reinsurance Limited

1. Visit the IPO result page on CDSC’s official website: https://iporesult.cdsc.com.np/.
2. Choose “Himalayan Re-insurance Limited” from the drop-down menu.
3. Enter your 16-digit DMAT number (BOID) and the displayed captcha.
4. Click “View Results” to access the IPO outcome for Himalayan Re-insurance Limited.

Alternatively, investors can check the results on Mero Share CDSC’s website:

1. Visit https://meroshare.cdsc.com.np/ using any internet browser.
2. Log in by selecting your DP, entering your username and password.
3. Navigate to “My ASBA” and visit the “Application Report” Tab.
4. Click on the report for “Himalayan Re-insurance Limited” to view your application status.

Lucky applicants will see their status as “Allotted,” while those who weren’t successful will see the status as “Not Allotted.”