Union Life Insurance IPO Date

Union Life Insurance Company Limited IPO Date

Union Life Insurance Company Limited IPO Date

Union Life Insurance Company Limited issued 6,450,000 units of ordinary shares worth Rs. 64.5 crores to the general public from Ashad-24, 2078 (2021-07-08 10:00 AM). The early closing date of this IPO issue is on Ashad-28, 2078 (2021-07-12 5:00 PM), and if the issue is not subscribed till Ashad-28, 2078 then this issue can be extended up to Shrawan-7, 2078 (2021-07-22 5:00 PM).

Opening date of the IPO	24th Ashadh, 2078, 2021-07-08 10:00 AM
Early closing date of the IPO	28th Ashadh, 2078, 2021-07-12 5:00 PM
Extended Date (if not subscribed till Ashad-28, 2078)	Shrawan-7, 2078 (2021-07-22 5:00 PM)

 

Company Details

Company Name	Union Life Insurance Company Limited
Company Code	202107081
Issue Type	IPO
Share Type	Ordinary Shares
Issue Description	General Public
Scrip	ULICl
Share Value Per Unit	100
Share Value	5805000
Issue Open Date	2021-07-08 10:00 AM
Issue Close Date	2021-07-12 5:00 PM
Issue Manager	Prabhu Capital Limited, Kathmandu

 

Total offered units	6,450,000
Shares Worth	Rs. 64.5 crores
Shares for employees, 5% of the total capital	322,500 Units
Set aside for Mutual Funds,  5% of the total capital	322,500 Units
Shares offered for the general public	5,805,000 Units