IPO details of Nepal Reinsurance Company Limited (NRIC) for General Public

Nepal Reinsurance Company Limited

Status:

Closed

Type:

IPO: General Public

Company Details

Symbol

NRIC

Sector

Others

Issue Details

Issue Units

1,60,00,000

Price

Rs. 100

Issue Amount

Rs. 1,60,00,00,000

Issue Manager

RBB Merchant Banking Limited

Timeline Details

Opens on

17 March 2020

Closes on

20 March 2020

Extended Until

31 March 2020

Statistics Details

Total Applicants

N/A

Applied Units

N/A

Opening Range:

The expected opening range Of Nepal Reinsurance Company Limited (Ipo) is 141.45 - 424.35

NRIC Ipo Overview

Nepal Reinsurance Company Limited (NRIC) is issuing 1,60,00,000 (1.6 Crore) units IPO at 100 per unit for General Public. The issue opens from Tuesday, March 17, 2020 and closes on Friday, March 20, 2020. RBB 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 Nepal Reinsurance Company Limited (IPO: General Public)

How to apply for IPO of Nepal Reinsurance Company Limited (NRIC)?

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

Who is the issue manager of Nepal Reinsurance Company Limited (NRIC) IPO?

The issue manager for Nepal Reinsurance Company Limited (NRIC) IPO is RBB Merchant Banking Limited.

When is the last date to apply for the IPO of Nepal Reinsurance Company Limited (NRIC)?

The last date to apply for the IPO of Nepal Reinsurance Company Limited (NRIC) is March 20, 2020. If the issue remains undersubscribed, the closing date may be extended to March 31, 2020.

How to check IPO result of Nepal Reinsurance Company Limited (NRIC)?

To check the IPO result of Nepal Reinsurance Company Limited (NRIC), 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 “Nepal Reinsurance Company 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 “Nepal Reinsurance Company Limited” from company list, enter BOID, enter captcha and check your result.
RBB Merchant Banking Limited
- Visit RBB Merchant Banking Limited website.
- Look for the “IPO Result” or “Result” section.
- Enter your BOID to check the result.