Union Life Insurance IPO and results

Union Life Insurance IPO | Rastra Utthan Laghubitta IPO | Date Result

Union Life Insurance IPO (ULICL)

SEBON has lately approved the IPO for Union Life Insurance or Unilife.

Following are the specifications for the IPO and company. 

Company NameUnion Life Insurance Company Limited
IPO issue dateAshad 24, 2078 (July 8, 2021)
IPO last date for applicationShrawan 7, 2078
Total IPO quantity64,50,000
IPO available for the general public58,05,000
Price of IPORs. 64,50,00,000
Minimum and Maximum lots10 units – 32250 units
Advisable IPO application10 Units only
Sales managerPrabhu Capital
ICRA ratingsIR BBB
Security factorModerate
Company establishmentAshad 20, 2074
Company’s issued capitalRs 2.15 billion
DocumentationDownload IPO Offer letter
Board of MembersMr Sulav Agrawal, Mr Sandeep Kumar Agrawal, Mr Jeewan Kumar Agrawal 

कम्पनीले प्रतिकित्ता १०० रुपैयाँ अंकित दरमा ६४ करोड ५० लाख रुपैयाँ बराबरको ६४ लाख ५० हजार आईपीओ निष्कासन गर्न जेठ ९ गते आइतबार सेबोनमा निवेदन पेश गरेको थियो । कम्पनीको उक्त आईपीओको निष्कासन तथा बिक्री प्रबन्धकको काम प्रभु क्यापिटल लिमिटेडले गर्नेछ ।

Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULBSL)

Additionally, Rastra Utthan Lagjubitta is also on its way to launch IPO soon after approval.

Following are the specifications for the IPO and company.

Company NameRastra Utthan Laghubitta Bittiya Sanstha Limited
IPO issue date4-8th Falgun 2078
Total IPO quantity8,50,000 Units
IPO available for the general public7,94,500 units
Price of IPORs. 8,50,00,000
Minimum application lot10 units
Sales managerNIBL Ace Capital Limited
Company establishmentFalgun 8, 2075
Company’s issued capitalRs 175 Million
ICRA Nepal rating[ICRANP-IR] BB (moderate risk)
Company other detailsCompany website

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You must have already applied for many recent IPOs, it’s now time for Union Life Insurance IPO. Excited already!

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