Reliance Life Insurance issuing 63 lakh units IPO shares to general public from Bhadra 4

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 4^th 2077.

IPO Open Duration

IPO Open Date: Bhadra 4^th 2077
Early Closing Date: Bhadra 8^th 2077
Late Closing Date: Bhadra 22^nd 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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