Himalayan Reinsurance Limited IPO Result has been Published.

Himalayan Reinsurance Limited IPO Result

Himalayan Reinsurance Limited IPO Result for the General Public is going to be held this Wednesday. As per the Issue Manager NMB Capital Limited, the pre-allotmnet process has been going to be concluded on this weekdays (Monday and Tuesday). Out of the total IPO Applicants, all the Applicants will get 100% shares, including 50% shares to the lucky 50% applicants. So, here’s the Process to Check Himalayan Reinsurance Limited IPO Result.

Himalayan Reinsurance Limited IPO Result will Published by this Wednesday.

Himalayan Reinsurance Limited has issued a total of 30,000,000 units of IPO. Among them, 2,49,000,000 units of IPO have been issued for the General Public, where the IPO has been oversubscribed by 1.26 times only.

With the increasing trend of the Premium IPO, the company has also followed the same Premium trend on its public issuance. Here, the company has determined the Share Value of Rs 206 per unit with the minimum applicable of 10 Units.

It’s the second Reinsucrance company to issue the Share from the General Public. In previous years, the Nepal Reinsurance company Limited has also been listed in NEPSE. So, the issue manager, NMB Capital, is going to conclude the IPO Allotment this Wednesday (29 December).

Issued IPO Units: 30,000,000 Units

Issued IPO Units for General Public: 24,900,000 Units

No. of Applicants: 16,60,022

No. of Applied Units: 3,22,15,070 Units

Subscription: Over-subscribed by 1.29 Times

Allotted Applicants: 100% Applicants (People Will get the Share)

Issue Price: Rs 206/Kitta

Opening Price Range: 

Alloted Investors in IPO Result of Himalayan Reinsurance Limited Company Limited

IPO Allotment of Himalayan Reinsurance Limited is going to be held this Wednesday. Here, the Issue Manager is going to conduct the official IPO Allotment for the General Public. In this IPO, All the Applicants will get 10 Units of shares each. The remaining other lucky applicants will also get an additional ten units of Share.

About Himalayan Reinsurance Limited Limited

Himalayan Reinsurance Limited is the first Private-sector reinsurance company in Nepal. The company is catering the reinsurance services from the date of establishment. Here, the company has the authorized capital of Rs 21 Billion with the Issued capital of Rs 10 Billion.

Where the promoters hold 70% of the Paid capital of this company, Golcha Group, Shanker Group, Infinity Holding, etc., are the topmost promoters of this company.

Financial Analysis of Himalayan Reinsurance Limited

As we know, the Share Market has a Higher Degree of Risk. So, it’s wise to analyze the stock before buying or trading it. Here are the Key Financials of this Company,

Himalayan Reinsurance Limited IPO Result

Paid-up Capital: Rs 7 Billion

Capital (Post IPO): Rs 10 Billion

Total Assets: Rs 8 Billion

Reserve & Surplus: 

ICRA Rating: A-

The Process to Check Himalayan Reinsurance Limited IPO Result

You can check the IPO Results of Himalayan Reinsurance Limited from the different methods. Here, we will share the two easiest ways to check IPO Results in 2023.

Method I – Go to the NMB Capital Site

  • Visit the Share Allotment link of the NMB Capital Site; click Here to go.
  • Now tap/click on the Choose Company and select the company from the Dropdown menu.
  • Now, choose Himalayan Reinsurance Limited Ltd. -General Public and enter your 16-digit BOID Number.
  • After that, click on Submit, here you will get the result.

Method II – Go to the CDSC Site

  • Go to the IPO Result page of CDSC; click here to go.
  • Click on the Dropdown and select the company (Himalayan Reinsurance Limited Ltd. (For the General Public) there.
  • Enter your 16-digit BOID and then fill out the captcha.
  • At last, click on View Result.

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