Reliable Life Insurance To Issue IPO
Reliable Life Insurance is planning to issue IPO in near future. SEBON has added the proposed IPO in it’s pipeline. The proposal was submitted on Shrawan 12. Reliable Life Insurance is going to issue 60,00,000 units of share at premium rate of Rs 212.
Reliable Life Insurance To Issue IPO
Civil Capital Market has been appointed as an issue manager for the IPO. Reliable Nepal Life Insurance Limited was incorporated under the Companies Act 2063, on 2064.08.18 B.S. It started its operation from 2074.05.15.
The company has an authorized capital of Rs. 200 Crore and Paid-up Capital of Rs. 140 Crores.
Authorized Capital = Rs. 200 Crores
Paid- Up Capital = Rs. 140 Crores
