Guardian MicroLife Insurance IPO Result-Check Allotment

IPO Result, News / By /
Guardian MicroLife Insurance IPO Result

IPO Result Date:

Guardian MicroLife Insurance IPO Result will be conducted on the 6th of Magh 2081. Guardian MicroLife Insurance issued IPO shares to the general public from 21st Poush to 24th Poush, 2081 B.S. The company had issued 18,45,000 units of shares at Rs.100 per share to the general public.

Guardian MicroLife Insurance IPO Result Check: Click Here

Share Distribution Status:

For Mutual Fund1,12,500 units
For Foreign Employee Nepalese 2,25,000 units
For Company’s Staff67,500 units
For general Public18,45,000 units

IPO Application Status:

The IPO application status of Guardian MicroLife Insurance is shown in the table below:

Issued Units18,45,000 units
Applied Units2,52,07,690 units
No. of application19,08,431
oversubscribed by13.66 times

Among the total applicants, 1 lakh 84 thousand and 5 hundred people will get shares of Guardian MicroLife Insurance.

Issue Manager: Kumari Capital Limited.

Financial Details:

The financial details including Net-worth and EPS of the company are shown in the table:

DescriptionFY079/80FY080/81
Net worth per share(Rs.)100.34100.59
Earning per share(Rs.)0.340.25
Reserved profit/Loss(in ‘000)1583.552750.47

Opening Range:

The opening range of Guardian MicroLife Insurance is expected to be Rs.301.77 ( In between the Rs.100.59 and Rs.301.77). 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 BB-(Is) pronounced as [double B minus] to the company. This indicates that the company has a MODERATE RISK OF DEFAULT regarding the timely servicing of financial obligations.

  1. When will the Guardian MicroLife Insurance IPO Result conducted?

    Ans: Guardian MicroLife Insurance IPO Result will be conducted on 6th Magh, 2081.

  2. What is the Opening range of Guardian MicroLife Insurance?

    Ans: The Opening range of Guardian MicroLife Insurance varies between Rs.100.59 and Rs.301.77.

  3. What is the Net worth of Guardian MicroLife Insurance?

    Ans: The Net worth of Guardian MicroLife Insurance is Rs.100.59 according to FY080/81.

  4. What is the EPS of Guardian MicroLife Insurance?

    Ans: The EPS of Guardian MicroLife Insurance is Rs.0.25 according to FY080/81.