IPO details of General Insurance Company Nepal Limited (GIC) for General Public

General Insurance Company Nepal Limited

Status:

Closed

Type:

IPO: General Public

Company Details

Symbol

GIC

Sector

Non Life Insurance

Issue Details

Issue Units

30,00,000

Price

Rs. 100

Issue Amount

Rs. 30,00,00,000

Issue Manager

NIBL Ace Capital Ltd.

Timeline Details

Opens on

27 September 2020

Closes on

30 September 2020

Extended Until

11 October 2020

Statistics Details

Total Applicants

N/A

Applied Units

N/A

Opening Range:

The expected opening range Of General Insurance Company Nepal Limited (Ipo) is 101.76 - 305.28

GIC Ipo Overview

General Insurance Company Nepal Limited (GIC) is issuing 30,00,000 (30 Lakh) units IPO at 100 per unit for General Public. The issue opens from Sunday, September 27, 2020 and closes on Wednesday, September 30, 2020. NIBL Ace Capital Ltd. 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 General Insurance Company Nepal Limited (IPO: General Public)

How to apply for IPO of General Insurance Company Nepal Limited (GIC)?

To apply for an IPO in Nepal, please visit the Mero Share website, login and go to My Asba, or contact your bank, or NIBL Ace Capital Ltd., issue manager of this issue, for more assistance.

Who is the issue manager of General Insurance Company Nepal Limited (GIC) IPO?

The issue manager for General Insurance Company Nepal Limited (GIC) IPO is NIBL Ace Capital Ltd..

When is the last date to apply for the IPO of General Insurance Company Nepal Limited (GIC)?

The last date to apply for the IPO of General Insurance Company Nepal Limited (GIC) is September 30, 2020. If the issue remains undersubscribed, the closing date may be extended to October 11, 2020.

How to check IPO result of General Insurance Company Nepal Limited (GIC)?

To check the IPO result of General Insurance Company Nepal Limited (GIC), 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 “General Insurance Company 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 “General Insurance Company Nepal Limited” from company list, enter BOID, enter captcha and check your result.
NIBL Ace Capital Ltd.
- Visit NIBL Ace Capital Ltd. website.
- Look for the “IPO Result” or “Result” section.
- Enter your BOID to check the result.