Reliable Nepal Life Insurance IPO – Apply Share

Reliable Nepal Life Insurance IPO apply

Introduction

Reliable Nepal Life Insurance Ltd is going to float an IPO( Initial Public Offering) of 12,000,000 units of shares worth Rs.2,544,000,000. The company is issuing the IPO( initial public offering) at a premium price of Rs. 257.

The Company has appointed Civil Capital Market Ltd. as an issue manager for the initial and further processing of the IPO.

After the issuing of the IPO ( if fully subscribed ) then the structure of ownership of the company share will be 70% promoters and 30% general public.

Financial Details

Description3rd quarter report 2079/802nd quarter report 2079/80
Earning per share(Rs.)13.6115.72
Networth per share(Rs.)153150.65
Total assets per share(Rs.)423.43401.86

Company Details

Reliable Nepal Life Insurance Ltd is a life insurance company that is duly approved by the government of Nepal and the Insurance Board. The promoters of the company are economists, industrialists, bankers, and reputed professionals.

It is operated by a capable team. Its main motto is to serve customers on their doorsteps. The Head office of the company is located at Gyaneshwor, Kathmandu.

There are 12 insurance plans, 82 Branches, more than 21000 agents, and more than 43,00,000 Policyholders in the company. Dipesh Tiwari is the senior AGM of the company.

1. What is the EPS of Reliable Nepal Life Insurance?

Ans: The EPS of Reliable Nepal Life Insurance is Rs.13.61 according to the 3rd quarter report of FY2079/80.

2. What is the Networth of Reliable Nepal Life Insurance?

Ans: The Networth of Reliable Nepal Life Insurance is Rs.153 according to the 3rd quarter report of FY2079/80.

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