Check ipo result of Union Life Insurance Company
Union Life Insurance Company Limited ipo concluded by prabhu capital on 31 Asar, 2078, 5:00pm.
Union Life Insurance Company Limited(ULICL) is issuing 6,450,000 units of ordinary Shares worth Rs. 64.5 crores to the general public from Ashad-24, 2078.
Out of the offered 64,50,000 units; 5% of the total offered shares to the general public i.e. 3,22,500 units have been set aside for the employees of the company and 5% of the total offered shares to the general public i.e. 3,22,500 units have been set aside for the mutual funds. The remaining 58,05,000 units are for the general public.
Quick Video To Check Union Life IPO result:
The issue had received applications from 21,50,478 valid applicants who had applied for a total of 2,50,95,370 units. The issue was oversubscribed more than 5.85 times.
Prabhu Capital Limited is the issue manager for the IPO issuance.
As per the allotment process, 5,80,500 applicants will get shares when the company is distributed at the rate of a minimum of 10 units.
The remaining 15,32,299, or about 73 percent, will return empty-handed.
The IPO result can be accessed by
1. https://iporesult.unionlife.com.np/ ( Try this for fast result)
👉Check how to see IPO result
1. First way to check ipo result
From web address: iporesult.cdsc.com.np
Step 1: Insert the link iporesult.cdsc.com.np in web browser
Step 2:
➣ Select company
➣ Enter 16 digit demat no. (eg. 13023000 00012764)
➣ Click on View Result Button
2. Second way to check ipo result of union life insurance:
From https://iporesult.unionlife.com.np/
Steps :
➣ Select the company
➣ Enter Demat no.
➣Click on the Check button to view the result