
Table of Contents
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.
Reliable Life Insurance IPO Result Check: Click Here
Share Distribution Status:
For Mutual Fund | 6,00,000 units |
For Foreign Employee Nepalese | 12,00,000 units |
For Company’s Staff | 6,00,000 units |
For general Public | 96,00,000 units |
IPO Application Status:
The IPO application status of Reliable Life Insurance is shown in the table below:
Issued Units | 12,00,000 units |
Applied Units | 1,74,86,280 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.
Issue Manager: Civil Capital Limited.
Financial Details:
The financial details including Net-worth and EPS of the company are shown in the table:
Description | FY077/078 | FY078/079 |
Net worth per share(Rs.) | 141.03 | 162.29 |
Earning per share(Rs.) | 17.66 | 24.76 |
Reserved profit/Loss(in lakh) | 5,06,033 | 7,39,100 |
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.
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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 Plus] to the company. This indicates that the company has a moderate degree of safety regarding the timely servicing of financial obligations.
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.)
What is the Opening range of Reliable Life Insurance?
Ans: The Opening range of Reliable Life Insurance varies from Rs162.29 -Rs.486.87.
What is the Networth of Reliable Life Insurance?
Ans: The Networth of Reliable Life Insurance is Rs.162.29 according to FY078/79.
What is the EPS of Reliable Life Insurance?
Ans: The EPS of Reliable Life Insurance is Rs.24.76 according to FY078/79.