Himalayan Reinsurance Limited Published IPO Result Today 2080

Himalayan Reinsurance Limited Published IPO Result Today 2080
Himalayan Reinsurance Limited IPO Result

The IPO distribution of Himalayan Reinsurance Limited has been completed at the Taj Reception in Subarna Samsher Marg, Baluwatar, Kathmandu.

Himalayan Reinsurance Limited from November 27 to December 2, 2080, for the general public Rs. 206 per share (Rs. 100 face value + Rs. 106 premium price) has furnished 204.9 million IPO shares.

Details of Himalayan Reinsurance Limited IPO Result

Issued IPO Units30,000,000 Units
Issued IPO Units for General Public24,900,000 Units
No. of Applicants16,60,022
No. of Applied Units3,22,15,070 Units
SubscriptionOver-subscribed by 1.29 Times
Allotted Applicants100% Applicants (People Will get the Share)
Issue PriceRs 206/Kitta
Opening Price Range: N/A

On November 24, a total of 3 million units were released for Nepali citizens working abroad, while 2 per cent of the 30 million units were reserved for company employees and 5 per cent for mutual funds.

The remaining 2,49,00,000 units are earmarked for the general public, 6,000 units for employees and 15,00,000 for collective funds.

NMB Capital Limited has been responsible for managing the entire reinsurance company issue.

The issue received over 1.2 times the number of applications received during the IPO process, with 15,64,564 valid applicants applying for 2,99,97,720 units.

The allotment module states that applicants up to 30 units receive their units, while those from 40 to 34,050 units receive 10 units extra via lottery. Out of 96,538 eligible applicants, 29,021 received 10 units extra, totaling 40 units.

14 mutual funds received 15,00,000 units, while 29 staff members received 6,00,000 units. 8,655 applicants applied for 2,73,490 units, leading to disqualifications.

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Check the IPO result of Himalayan Reinsurance Limited on IPO result CDSC com np

  1. Visit the official website of CDSC Mero Share IPO Result https://iporesult.cdsc.com.np/.
  2. You have to select your company “Himalayan Reinsurance Limited ” from the drop-down menu.
  3. Put on your 16-digit DMAT number (BOID).
  4. Enter the captcha as it appears on the right.
  5. Click on View Results to check the Himalayan Reinsurance Limited IPO result.

Check the IPO result of Himalayan Reinsurance Limited from Mero share CDSC com np

  1. Expose any internet browser and visit the Meroshare website official website https://meroshare.cdsc.com.np/.
  2. Select your DP, enter your username and password, and click Login.
  3. Go to My ASBA and Visit the Application Report Tab.
  4. Click Report of Himalayan Reinsurance Limited IPO.
  5. If you are lucky adequate you will see the status as allotted, and in case you are not allotted, you will see the status as unallocated.

Allotments Module Details

Himalayan Reinsurance Limited Published IPO Result 2080