Guardian Micro Life Insurance recently opened its Initial Public Offering (IPO) to the general public after nearly a year of anticipation. Guardian Micro Life Insurance is final preparing to published IPO Result. The IPO Result of Guardian Micro Life insurance going to published on Coming Sunday, Magh 6th at 9:00 Am. The company, which previously offered shares exclusively to foreign workers, has now expanded its offering to include the general public, marking a significant milestone in its growth journey.
The IPO, which was issued until Paush 24, represents a substantial offering of 1.845 million shares to the general public. This comes as part of a larger issuance of 2.25 million shares worth Rs 225 million in total. The company has thoughtfully allocated portions of these shares among various groups, including Nepali workers abroad, employees, and mutual funds, before making the remaining 1.85 million shares available to the general public.
For interested investors, the IPO presents flexible investment options. You can apply for anywhere between a minimum of 10 shares to a maximum of 100,000 shares, with each share priced at Rs 100. This range allows both small and large investors to participate according to their investment capacity.
How to Check Guardian Micro Life Insurance IPO Result
Lucky 184,500 Applicants will get 10 Kitta IPO from Guardian Micro Life Insurance
IPO Result Date: 2081 Magh 6th Sunday, 9:00 Am
- Check IPO Results from iporesult.cdsc.com.np by entering your Dmat number
- You Can Check IPO Result in Capital Limited Website: (link given below)
- ( You Need to Choose Company & Enter BOID or DMAT number)IPO Result Also Found in respective Capital Merchant Site :
- You Can Check IPO Result in Kumari capital Limited official website.
- By login Mero share, You found Result in My ASBA menu & Application Report Submenu)
Total IPO Size
- Total shares: 2,250,000 units (22.5 lakh kitta)
- Total value: Rs. 225 million
- Face value per share: Rs. 100
Public Allocation
- Shares for general public: 1,845,000 units (18.45 lakh kitta)
- Remaining shares reserved for:
- Foreign employed Nepalis
- Company employees
- Mutual investment funds
Investment Limits
- Minimum application: 10 shares
- Maximum application: 100,000 shares
- Price per share: Rs. 100
Risk Assessment
- Rating agency: CARE Rating Nepal Limited
- Rating received: BB- (BB minus)
- Risk level: Moderate risk
=> Click Here to view/ Check IPO Result
It’s important for potential investors to note the risk assessment of the company. According to CARE Rating Nepal Limited, Guardian Micro Life Insurance has received a BB- rating, indicating a moderate risk profile. This rating serves as a crucial piece of information for investors to make informed decisions about their investment.
For those looking to check their IPO results, the company has established a straightforward process [Note: specific details about checking results could be added when available]. Investors who have applied for shares should keep their application details handy for verification purposes.
This public offering represents an important opportunity for Nepali investors to participate in the growing insurance sector, particularly in the microinsurance segment which plays a vital role in providing financial security to underserved communities.
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