Reliance Life Insurance IPO Will Open On Bhadra 4th 2077
Reliance Life Insurance Limited (RRIL) is going to issue 63,00,000. (In words Sixty Three Lakh) Units IPO worth Rs. 63,00,00,000 (In words Sixty three crore) Rupees from Bhadra 4th 2077.
IPO Open Duration
- IPO Open Date: Bhadra 4th 2077
- Early Closing Date: Bhadra 8th 2077
- Late Closing Date: Bhadra 22nd 2077
Issue Manager of Reliance Life Insurance Limited IPO
- Sanima Capital Limited
See also :Samaj lughabitta IPO from Bhadra 4th 2077
Share Allocation of Reliance Life Insurance Limited IPO
Total IPO: 6300000 (Inwards : Sixty Lakh) Units
| Percentage | No. of Shares | Allocation |
| 5% of total IPO | 315000 | To Company Employees |
| 5% of total IPO | 315000 | To Mutual Fund |
| 90% of total IPO | 5670000 | To General Public |
Share Status of the Company
After the allocation IPO shares, the share structure of Reliance Life Insurance Limited will be
- 70% Promoter Share
- 30% Public Share
View NRN Infrastructure IPO Result
Credit Rating of Company
ICRA Nepal has assigned a grading of [ICRANP] IPO Grade 4, indicating below-average fundamentals, to the proposed initial public offering (IPO) of NPR 630 million of Reliance Life Insurance Limited (RLIL).
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