IPO Details and Analysis
| Company Name | Citizen Life Insurance Company Ltd. |
|---|---|
| Company Symbol | CTZLIFE |
| Type | RESERVED - FOREIGN EMPLOYMENT |
| Issue Units | 1125000 Kitta |
| Issue Amount | NRS 274500000 |
| Issue Manager | NIMB ACE CAPITAL LIMITED |
| Prospectus | description PDF |
| IPO Issue From | 2023/07/16 |
| IPO Issue To | 2023/07/30 |
| IPO Status | Closed |
| Net Worth Per Share | (At the Time Of IPO Issue) |
Citizen Life Insurance Company Ltd. (CTZLIFE) the issue and sale of ordinary shares. The company initial public offering (IPO) sales from 2023/07/16.
The Citizen Life Insurance Company Ltd. a total of 1125000 shares worth Rs. 274500000 at a nominal rate of Rs 100 per share. Investors can apply for the purchase until 2023/07/30.
NIMB ACE CAPITAL LIMITED is the issue and sales manager of the IPO of Citizen Life Insurance Company Ltd..
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 MeroShare web portal of CDSC, select your DP, and log in with your credentials. Then fill up the respective IPO application form.
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.
Question 3: What is the full form of IPO?
Answer: IPO stands for Initial Public Offering. It's the process by which a private company becomes a publicly-traded company by offering its shares to the public for the first time.
Question 4: How to check IPO result of Citizen Life Insurance Company Ltd. from MeroShare?
Answer: You can check the IPO result from the MeroShare IPO Result website. Select Citizen Life Insurance Company Ltd. in the company name field, enter your 16-digit BOID number, and click "View Result".
Question 5: When will IPO of Citizen Life Insurance Company Ltd. open in MeroShare?
Answer: The IPO of Citizen Life Insurance Company Ltd. will be open in MeroShare on 2023/07/16 at 10 AM.
Question 6: What is the expected opening range of Citizen Life Insurance Company Ltd. IPO?
Answer: The expected opening range of Citizen Life Insurance Company Ltd. IPO is Rs to Rs 0. However, actual prices may vary.
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.
