Jyoti life insurance limited issuing 66 lakh IPO

Upcoming IPO in Nepal

Company Name:

Jyoti life insurance company JLIC

Sector:

Insurance

No of share issuing:

66 lakh shares for general public.

Details about issuing IPO:

The company had submitted an application to SEBON requesting to issue 30% of its issued capital in the form of an IPO.

Remaining 70% shares holding by shareholders of the company. In which major shareholders are Nitesh Agarawal (18.18%), Usha Agarawal (18.18%) and NIC ASIA BANK ( 9.74%)

SEBON has approved from their end i.e. given green signal to issue IPO.

When Jyoti life insurance will issue IPO?

Jyoti life insurance company limited will be issuing IPO from Falgun 21st (5th March ) onwards.

How many units should apply?

6 lakh lucky applicants will be allocated with 10 units. It's best to apply 10 units.

Chances of getting allocated in jyoti life insurance IPO?

Its average as currently there are 25+ lakhs of DEMAT holders available in Nepal. Most of the DEMAT holder applying IPO actively.

Tags:

#ipo #upcomingipo #jyotilifeinsurance #sebon
#meroshare #insurance #nepal #TMS #IPONepal #Share #Nepse #jyotilife #nepalrastrabank #bankinggyan

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