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We have detailed information on the Opening Range of Citizen Life Insurance.
Opening Range of Citizen Life Insurance
Following is the detailed information:
About Company
Citizen Life Insurance is a growing life insurance company in Nepal. The company is located at LS Complex, Thapathali, Kathmandu, Nepal.
The company is issuing the IPO to the general public. After IPO the Share Holding will be 70:30 Promoter shareholding to General public holding.
NIMB ACE Capital Ltd is the Issue manager for issuing IPO.
Opening Range
The opening range of the company depends upon the book value of the audited financial statement. So the company’s book value is Rs. 172.43 as per the FY 2078/79. Hence, the opening range of the company is Rs. 172.43 to Rs. 517.29.
The opening range is 3 times of audited book value.
The ICRA Nepal has given BBB rating for issuing the IPO to the General public.
Other Important Links:
a. EPS of Commercial Bank: CLICK HERE
b. EPS of Microfinance Companies: CLICK HERE
c. For More Information Visit the Official Website: CLICK HERE
Frequently Asked Questions
a. Issue manager of Citizen Life Insurance Ltd?
= NIMB Ace Capital Ltd is the IPO issue manager of Citizen Life Insurance Ltd.
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