Citizen Life Insurance Company Ltd. (CTZLIFE) has opened the issue and sale of ordinary shares. The company has opened initial public offering (IPO) sales from Wednesday, 2023/07/16 . The Citizen Life Insurance Company Ltd.has issued a total of 1125000 shares Worth RS. at a nominal rate of Rs 100 per share. According to the public invitation letter, it is mentioned that investors can apply for the purchase until the 2023/07/30 , and if no application is received as per the demand during that period the date will be increased.

Investors can apply through the ASWA system from the banks and financial institutions participating in the ASWA service licensed by the Nepal Securities Board and also through MeroShare's website and mobile app if avilable.

NIMB ACE CAPITAL LIMITED is the issue and sales manager of the IPO of Citizen Life Insurance Company Ltd..

Frequently Asked Question About Citizen Life Insurance Company Ltd. IPO

Question 1: How to apply IPO of Citizen Life Insurance Company Ltd. ?

Answer : You can apply the IPO of Citizen Life Insurance Company Ltd. through the Mero Share web portal of CDSC, select your DP, and log in with your login ID, password. Then you can fill up for the respective IPO, your share number plus amount. Done, This is the way you can fill the share online for all the IPO / FPO, right/ bonus shares.

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Question 2 : Who is the issue manager of Citizen Life Insurance Company Ltd. IPO ?

Answer : The issue Manager of Citizen Life Insurance Company Ltd. IPO is NIMB ACE CAPITAL LIMITED .

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Question 3 : what is the full form of IPO ?

Answer : IPO basically stands for Initial Public Offering. IPO's full form in finance is the same as in the stock market. A company leases an investment bank before it becomes an IPO to deal with the IPO. The bank as well as the company, both check out the monetary matter of the IPO. Later, they registered with the SEC. The work of the SEC is to evaluate the disclosed data and recheck it again and again. If it is found alright, then it permits a time to declare openly the IPO.

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Question 4 : How To Check IPO Result Of Citizen Life Insurance Company Ltd. From Meroshare ?

Answer : You Can Get IPO Result Of Citizen Life Insurance Company Ltd. From Mero Share IPO Result Website .

List of Steps to check IPO result fast:
Step 1: Go to the Mero Share IPO Result website .
Step 2: Select Citizen Life Insurance Company Ltd. in company name Field to check IPO result Of Citizen Life Insurance Company Ltd. .
Step 3: Enter the 16 digit BOID number in second box
Step 4: Click on the View Result bottom
Step 5: See your result

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Question 5 : When will IPO of Citizen Life Insurance Company Ltd. open in Mero Share ?

Answer : The IPO of Citizen Life Insurance Company Ltd. will be open in Meroshare on Citizen Life Insurance Company Ltd. At 10 AM .

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Question 6 : What is the Opening Ragne Of Citizen Life Insurance Company Ltd. IPO ?

Answer : The expected opening range of Citizen Life Insurance Company Ltd. IPO is RS To RS 0 . Although It can be diffrent .

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Question 7 : What is the Net Worth Of Citizen Life Insurance Company Ltd. ?

Answer : The Net Worth Of Citizen Life Insurance Company Ltd. is at the time of IPO issue .

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Note : All The information provided here is generataed by our system , Please inform us if you find any mistake