28 Feb 2021, 10:14 AM (GMT)

Coronavirus Stats Nepal

274,143 Total Cases
2,774 Death Cases
270,407 Recovered Cases

Reliance Life Insurance’s share distribution begins

Kathmandu : The IPO allotment of Reliance Life Insurance Limited is concluded today at the premises of Sanima Capital Limited.

Reliance Life Insurance Limited had issued 56,70,000 units are for the general public. The issue had received applications from 5,89,464 applicants who had applied for a total of 2,29,26,010 units.

Out of 5,89,464; valid applicants were 5,87,509.

As per the allotment module, a total of 5,67,000 applicants were allotted 10 units each via lottery, and remaining 20,509 applicants were returned empty hands.

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