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IPO Result Date:
Citizen Life Insurance IPO Result will be conducted on 28th Bhadra,2080(Thursday). Citizen Life Insurance issued IPO shares to the general public from 15th Bhadra to 19th Bhadra, 2080B.S. The company had issued 90,00,000 units of shares at Rs.244 per share to the general public.
Citizen Life Insurance IPO Result Check: Click Here
Share Distribution Status:
| For Mutual Fund | 4,50,000 units |
| For Foreign Employee Nepalese | 9,00,000 units |
| For Company’s Staff | 4,50,000 units |
| For general Public | 90,00,000 units |
IPO Application Status:
The IPO application status of Sun Nepal Insurance is shown in the table below:
| Issued Units | 90,00,000 units |
| No. of applicants | 15 lakh+ |
| oversubscribed by | 1.7 times |
Among the total applicants, 9,00,000 people will get shares of Citizen Life Insurance.
Issue Manager: Nimb Ace Capital Limited.
Financial Details:
The financial details including the company’s Net-worth and EPS, are shown in the table:
| Description | FY077/078 | FY078/079 |
| Net worth per share(Rs.) | 151.94 | 172.43 |
| Earning per share(Rs.) | 17.10 | 21.49 |
| Reserved profit/Loss(in thousand) | 9,09,011 | 12,67,606 |
Opening Range:
The opening range of Citizen Life Insurance is expected to be Rs.517.29. It may vary as it is not fixed. Its range is calculated according to its net worth. The minimum value of the opening range is its net worth and the maximum value is three times its net worth.
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Credit Rating:
Care Rating Nepal has provided the rating as CARE-NP BBB(Is) pronounced as [ICRANP issuer Rating Triple B ] to the company. This indicates that the company has a moderate degree of safety regarding the timely servicing of financial obligations.
When will the Citizen Life Insurance IPO Result conducted?
Ans: Citizen Life Insurance IPO Result will be conducted on the 28th Bhadra,2080(Thursday).
What is the Opening range of Citizen Life Insurance?
Ans: The Opening range of Citizen Life Insurance varies from Rs.172.43 -Rs.517.29.
What is the net worth of Citizen Life Insurance?
Ans: The net worth of Citizen Life Insurance is Rs.172.43 according to FY078/79.
What is the EPS of Citizen Life Insurance?
Ans: The EPS of Citizen Life Insurance is Rs.21.49 according to FY078/79.