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IPO details of Sun Nepal Life Insurance Company Limited (SNLI) for Migrant Workers

symbol
Sun Nepal Life Insurance Company Limited
Status:
Closed
Type:
IPO: Migrant Workers

Company Details

Symbol
Sector
Life Insurance

Issue Details

Issue Units
9,60,000
Price
Rs. 239
Issue Amount
Rs. 22,94,40,000
Issue Manager
Nepal SBI Merchant Banking Limited

Timeline Details

Opens on
17 July 2023
Closes on
31 July 2023
Extended Until
31 July 2023

Statistics Details

Total Applicants
N/A
Applied Units
N/A
Opening Range:
The expected opening range Of Sun Nepal Life Insurance Company Limited (Ipo) is 158.41 - 475.23

SNLI Ipo Overview

Sun Nepal Life Insurance Company Limited (SNLI) is issuing 9,60,000 (9.6 Lakh) units IPO at 239 per unit for Migrant Workers. The issue opens from Monday, July 17, 2023 and closes on Monday, July 31, 2023. 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 Sun Nepal Life Insurance Company Limited (IPO: Migrant Workers)

How to apply for IPO of Sun Nepal Life Insurance Company Limited (SNLI)?

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 Sun Nepal Life Insurance Company Limited (SNLI) IPO?

The issue manager for Sun Nepal Life Insurance Company Limited (SNLI) IPO is Nepal SBI Merchant Banking Limited.

When is the last date to apply for the IPO of Sun Nepal Life Insurance Company Limited (SNLI)?

The last date to apply for the IPO of Sun Nepal Life Insurance Company Limited (SNLI) is July 31, 2023. If the issue remains undersubscribed, the closing date may be extended to July 31, 2023.

How to check IPO result of Sun Nepal Life Insurance Company Limited (SNLI)?

To check the IPO result of Sun Nepal Life Insurance Company Limited (SNLI), follow these step-by-step methods:


  1. 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 “Sun Nepal Life Insurance Company Limited” from company list, and enter your BOID to view the result.
    • You can also choose from the saved BOIDs for easy access
  2. 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"
  3. 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 “Sun Nepal Life Insurance Company Limited” from company list, enter BOID, enter captcha and check your result.
  4. Nepal SBI Merchant Banking Limited
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