Are you searching for the Himalayan Reinsurance Limited IPO Result Date and the final announcement date? As the IPO process is nearing its end, the company has set a date for the IPO result announcement.
Himalayan Reinsurance Limited lies in the Others category among sectors in SEBON listing. Its headquarters is located in Maharajgunj, Kathmandu. The company has been approved by SEBON and will be listed on the Nepal Stock Exchange (NEPSE) soon.
The initial public offering (IPO) was approved on 2080-07-01. The IPO was opened on 2023-12-13 at 10:00 AM and will close on -2023-12-17 at 5:00 PM.
Himalayan Reinsurance Limited IPO Result Date
The IPO result Date of Himalayan Reinsurance Limited will probably be announced within the last week of December, i.e. after the end of the issue closed date i.e. after 2023-12-17 at 5:00 PM. The company has issued 24900000 units of shares for the general public.
The minimum share that the general public can fill up was a minimum of 10 units and the maximum was 300000. The rate of one share is 206.
The allotment of shares will be done via a lottery system/lucky draw. The shares will be allotted to the applicants who have applied for the IPO within the 2023-12-13 at 10:00 AM – 2023-12-17 at 5:00 PM period.
| Name of Company | Himalayan Reinsurance Limited |
| Sector | Others |
| Available | For General Public |
| From | 1 |
| To | 100,000,000 |
| No. of Share Registered | 100,000,000 |
| Rate | 206 |
| Amount of Shares Registered | 10,000,000,000 |
| Public Issue Size | 30,000,000 |
| Public Issue Amount | 6,180,000,000 |
| % of Issued Capital | 30% |
| Promoter Share Registered Amount | 7,000,000,000 |
| % of Issued Capital | 70% |
| Issue Manager | NMB Capital Limited |
| Date of Approval | 2080-07-01 |
| Issue Open Date | 2023-12-13 at 10:00 AM |
| Issue Close Date | 2023-12-17 at 5:00 PM |
| No. Of Share Issued | 24900000 |
| Established | 2021 A.D. |
| Headquarters | Maharajgunj, Kathmandu |
| Minimum Quantity | 10 |
| Maximum Quantity | 300000 |
How to Check the Result of Himalayan Reinsurance Limited?
The Himalayan Reinsurance Limited result can be checked online on the CDS and Clearing Limited website or NMB Capital Limited. The applicants can also check the result by logging into Mero Share.
Related Reading:
Conclusion
The Himalayan Reinsurance Limited IPO Result will be announced within the last week of December, i.e. after the closing date. The allotment of shares will be done eventually and the banks will make the refund if it is not allotted.