Friday, March 3, 2017

FPO Result of NLIC (Nepal Life Insurance Company)

March 03, 2017
Kathmandu


Nepal Life Insurance has published its FPO allotment result. Small investors who had applied from Rs 14,250 (or 10 units) to Rs 42,750 (or 30 units) were allotted 23.22%. 


Investors who had applied from 10 to 160 units were decided through lottery system and those who were allotted got 10 shares each.
All other investors who had applied above 160 units were given at least 10 shares or 5.63% shares.

The shares set aside for Retail investors (who had applied from 10 to 30 units) was oversubscribed by 4.31 times and those set aside for Other category (who had applied from 40 to 30,960 units) was oversubscribed by 17.78 times.

Click here for the FPO Result for those who were allotted on a lottery basis.
Select the company from the drop down menu after you click the above link.


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