Jyoti Life Insurance Company Limited IPO issue From 2077/11/21 Jyoti life insurance company limited (jlicl) is going to issue 66 lakh initial public offering (IPO) from (21 falgun 2077). The early closing date of this ipo is 26 falgun . Care rating Nepal has given care np BBB (is) rating for this IPO. (issuers with this rating are considered to offer a moderate degree of safety regarding timely servicing of financial obligations, in Nepal. Such issuers carry moderate credit risk) .this IPO is 30 percent of total authorized capital. 5% of 66 lakh ipo are allocated to mutual fund another 5 % of 66 lakh unit share are allocated to the employees of the company. Meanwhile, the general public will be applying for 594000 unit shares. The registered office of this insurance company is at Pokhara-9 Kaski and the central office of this company located at Shanta plaza, Kathmandu, Nepal. Many business personals are the promoter of this insurance company. The issue and sales manager of t...
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