Reliable Life Insurance IPO Result-2080 | See the EPS & Opening price

Reliable life insurance ipo result

IPO Result Date:

Reliable Life Insurance IPO Result will be conducted on 31st Shrawn,2080(Wednesday at 5P.M). Reliable Life Insurance issued 96,00,000 IPO shares to the general public from 23-26 Shrawn 2080. The company had issued 12,00,000 units of shares at Rs.257 per share to the foreign employee Nepalese, 6 lakh units to the mutual fund, and 6 lakh unit shares to the company’s staff.

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 Reliable Life Insurance is shown in the table below:

Issued Units12,00,000 units
Applied Units1,74,86,280 units(as of 26 shrawn 5:00 PM)
oversubscribed by

Among the total applicants, all 9,60,000 people will get 10 unit shares of Reliable 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.)141.03162.29
Earning per share(Rs.)17.6624.76
Reserved profit/Loss(in lakh)5,06,0337,39,100

Opening Range:

The opening range of Reliable Life Insurance is expected to be Rs.486.87. 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 Plus] 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 Reliable Life Insurance IPO Result conducted?

    Ans: Reliable Life Insurance IPO Result will be conducted on 31st Shrawn,2080(Wednesday at 5 P.M.)

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

    Ans: The Opening range of Reliable Life Insurance varies from Rs162.29 -Rs.486.87.

  3. What is the Networth of Reliable Life Insurance?

    Ans: The Networth of Reliable Life Insurance is Rs.162.29 according to FY078/79.

  4. What is the EPS of Reliable Life Insurance?

    Ans: The EPS of Reliable Life Insurance is Rs.24.76 according to FY078/79.

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