IPO Details and Analysis
| Company Name | Himalayan Re-insurance Limited |
|---|---|
| Company Symbol | HREL |
| Type | IPO - For General Public |
| Issue Units | 24900000 Kitta |
| Issue Amount | NRS 5129400000 |
| Issue Manager | NMB CAPITAL LIMITED |
| Prospectus | description PDF |
| IPO Issue From | 2023/12/13 |
| IPO Issue To | 2023/12/18 |
| IPO Status | Closed |
| Net Worth Per Share | 103.07 (At the Time Of IPO Issue) |
Himalayan Re-insurance Limited (HREL) the issue and sale of ordinary shares. The company initial public offering (IPO) sales from 2023/12/13.
The Himalayan Re-insurance Limited a total of 24900000 shares worth Rs. 5129400000 at a nominal rate of Rs 100 per share. Investors can apply for the purchase until 2023/12/18.
NMB CAPITAL LIMITED is the issue and sales manager of the IPO of Himalayan Re-insurance Limited.
Question 1: How to apply IPO of Himalayan Re-insurance Limited?
Answer: You can apply the IPO of Himalayan Re-insurance Limited 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 Himalayan Re-insurance Limited IPO?
Answer: The issue manager of Himalayan Re-insurance Limited IPO is NMB 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 Himalayan Re-insurance Limited from MeroShare?
Answer: You can check the IPO result from the MeroShare IPO Result website. Select Himalayan Re-insurance Limited in the company name field, enter your 16-digit BOID number, and click "View Result".
Question 5: When will IPO of Himalayan Re-insurance Limited open in MeroShare?
Answer: The IPO of Himalayan Re-insurance Limited will be open in MeroShare on 2023/12/13 at 10 AM.
Question 6: What is the expected opening range of Himalayan Re-insurance Limited IPO?
Answer: The expected opening range of Himalayan Re-insurance Limited IPO is Rs 103.07 to Rs 309.21. However, actual prices may vary.
Question 7: What is the Net Worth of Himalayan Re-insurance Limited?
Answer: The Net Worth of Himalayan Re-insurance Limited is 103.07 at the time of IPO issue.
