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IPO Result Date:
Sun Nepal Life Insurance IPO Result will be conducted on 15th Bhadra,2080(Friday). Sun Nepal Insurance issued IPO shares to the general public from 32nd shrawn to 4th Shrawn, 2080B.S. The company had issued 76,80,000 units of shares at Rs.239 per share to the general public.
Sun Nepal Life Insurance IPO Result Check: Click Here(Link 1) Click Here (Link 2)
Share Distribution Status:
| For Mutual Fund | 4,80,000 units |
| For Foreign Employee Nepalese | 9,60,000 units |
| For Company’s Staff | 4,80,000 units |
| For general Public | 76,80,000 units |
IPO Application Status:
The IPO application status of Sun Nepal Insurance is shown in the table below:
| Issued Units | 76,80,000 units |
| No. of applicants | 15 lakh+ |
| oversubscribed by | 1.75 times |
Among the total applicants, 7,68,000 people will get shares of Sun Nepal Life Insurance.
Issue Manager: Nepal SBI Merchant Banking Limited.
Financial Details:
The financial details including the company’s Net-worth and EPS, are shown in the table:
| Description | FY077/078 | FY078/079 |
| Net worth per share(Rs.) | 125.27 | 158.41 |
| Earning per share(Rs.) | 6.81 | 15.72 |
| Reserved profit/Loss(in lakh) | 311.49 | 395.40 |
Opening Range:
The opening range of Sun Nepal Life Insurance is expected to be Rs.475.23. 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 minus] to the company. This indicates that the company has a moderate degree of safety regarding the timely servicing of financial obligations.
When will the Sun Nepal Life Insurance IPO Result conducted?
Ans: Sun Nepal Life Insurance IPO Result will be conducted on the 15th of Bhadra,2080(Friday) at 10A.M.
What is the Opening range of Sun Nepal Life Insurance?
Ans: The Opening range of Sun Nepal Life Insurance varies from Rs158.41 -Rs.475.23.
What is the net worth of Sun Nepal Life Insurance?
Ans: The net worth of Sun Nepal Life Insurance is Rs.158.41 according to FY078/79.
What is the EPS of Sun Nepal Life Insurance?
Ans: The EPS of Sun Nepal Life Insurance is Rs.15.72 according to FY078/79.