IME Life Insurance IPO Result – Opening Range, EPS

ime life insurance ipo result

IPO Result Date:

IME Life Insurance IPO Result will be conducted on 30th Asar 2080 at 11 A.M. IME Life Insurance issued IPO shares to the general public from 21-25 Asar,2080. The company had issued 96,00,000 units of shares at Rs.236.91 per share to the general public.

Share Distribution Status:

For Mutual Fund6,00,000 units
For Foreign Employee Nepalese 12,00,000 units
For Company’s Staff 6,00,000 units
For general Public96,00,000 units

IPO Application Status:

The IPO application status of IME Life Insurance is shown in the table below:

Issued Units96,00,000 units
Applied Units1,17,69,050 units
oversubscribed by1.22 times (as of July 9, 5:00 P.M)

Among the total applicants, only 61,313 people will get shares of IME Life Insurance.

Financial Details:

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

DescriptionFY077/078FY078/079
Net worth per share(Rs.)152.51176.53
Earning per share(Rs.)21.1623.24
Reserved profit/Loss(in ‘000)735,1171,071,379

Opening Range:

The opening range of IME Life Insurance is expected to be Rs.529.59. 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.

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.

  1. When will the IME Life Insurance IPO Result conducted?

    Ans: IME Life Insurance IPO Result will be conducted on the 30th Asar 2080 at 11 A.M.

  2. What is the Opening range of IME Life Insurance?

    Ans: The Opening range of IME Life Insurance varies from Rs176.53 -Rs.529.59.

  3. What is the Networth of IME Life Insurance?

    Ans: The Networth of IME Life Insurance is Rs.176.53 according to FY078/79.

  4. What is the EPS of IME Life Insurance?

    Ans: The EPS of IME Life Insurance is Rs.23.24 according to FY078/79.

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