Right Share details of Life Insurance Corporation Nepal Limited (LICN) for General Public

Life Insurance Corporation Nepal Limited

Status:

Closed

Type:

Right Share: General Public

Company Details

Symbol

LICN

Sector

Life Insurance

Issue Details

Issue Units

2,34,68,000

Price

Rs. 100

Issue Amount

Rs. 2,34,68,00,000

Issue Manager

Nepal SBI Merchant Banking Limited

Right Share Ratio

1:0.8845168

Timeline Details

Opens on

27 November 2024

Closes on

01 January 2025

Book Closure

25 October 2024

Statistics Details

Total Applicants

N/A

Applied Units

N/A

LICN Right Overview

Life Insurance Corporation Nepal Limited (LICN) is issuing 2,34,68,000 (2.3 Crore) units Right Share at 100 per unit for General Public. The issue opens from Wednesday, November 27, 2024 and closes on Wednesday, January 1, 2025. Nepal SBI Merchant Banking Limited is the issue manager for this public offering. Interested applicants can apply from Meroshare or they can directly apply visiting the issue manager's office

Subscription Rate ( % )

0.00%

Allocation Probability

0.00%

Application Statistics:

No application statistics available for this issue.

Allocation Chance:

No allotment probability available for this issue.

Frequently Asked Questions About Life Insurance Corporation Nepal Limited (Right Share: General Public)

How to apply for RIGHT SHARE of Life Insurance Corporation Nepal Limited (LICN)?

To apply for an IPO in Nepal, please visit the Mero Share website, login and go to My Asba, or contact your bank, or Nepal SBI Merchant Banking Limited, issue manager of this issue, for more assistance.

Who is the issue manager of Life Insurance Corporation Nepal Limited (LICN) RIGHT SHARE?

The issue manager for Life Insurance Corporation Nepal Limited (LICN) RIGHT SHARE is Nepal SBI Merchant Banking Limited.

When is the last date to apply for the Right Share of Life Insurance Corporation Nepal Limited (LICN)?

The last date to apply for the Right Share of Life Insurance Corporation Nepal Limited (LICN) is January 01, 2025. If the issue remains undersubscribed, the closing date may be extended to .

How to check Right Share result of Life Insurance Corporation Nepal Limited (LICN)?

To check the Right Share result of Life Insurance Corporation Nepal Limited (LICN), follow these step-by-step methods:

Share Hub App (Recommended)
- Download the Share Hub app from the Play Store or App Store.
- Open the app and go to “Services” and then to “IPO Result” section.
- Search “Life Insurance Corporation Nepal Limited” from company list, and enter your BOID to view the result.
- You can also choose from the saved BOIDs for easy access
Share Hub Chrome Extension
- Install the Share Hub Chrome Extension from the Chrome Web Store.
- After installation, pin the extension to your browser for easy access
- Open the Mero Share Login Page and save user details with their BOID
- Now open the Mero Share IPO Result website in your browser and you will see saved users and select the user
- Enter Captcha and click on "View Result"
Mero Share
- Go to the official Mero Share website.
- Login using your DP, username, and password.
- Navigate to the “My ASBA” section.
- Click on “Application Report” to view your IPO application status.
- Or visit Mero Share IPO Result, choose “Life Insurance Corporation Nepal Limited” from company list, enter BOID, enter captcha and check your result.
Nepal SBI Merchant Banking Limited
- Visit Nepal SBI Merchant Banking Limited website.
- Look for the “IPO Result” or “Result” section.
- Enter your BOID to check the result.