IPO Details and Analysis
| Company Name | Neco Insurance Ltd. |
|---|---|
| Company Symbol | NIL |
| Type | RESERVED - RIGHT SHARE |
| Issue Units | 5030902 Kitta |
| Issue Amount | NRS 503090200 |
| Issue Manager | SANIMA CAPITAL LIMITED |
| Prospectus | description PDF |
| IPO Issue From | 2025/02/20 |
| IPO Issue To | 2025/03/27 |
| IPO Status | Closed |
| Net Worth Per Share | (At the Time Of IPO Issue) |
Neco Insurance Ltd. (NIL) the issue and sale of ordinary shares. The company initial public offering (IPO) sales from 2025/02/20.
The Neco Insurance Ltd. a total of 5030902 shares worth Rs. 503090200 at a nominal rate of Rs 100 per share. Investors can apply for the purchase until 2025/03/27.
SANIMA CAPITAL LIMITED is the issue and sales manager of the IPO of Neco Insurance Ltd..
Question 1: How to apply IPO of Neco Insurance Ltd.?
Answer: You can apply the IPO of Neco Insurance 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 Neco Insurance Ltd. IPO?
Answer: The issue manager of Neco Insurance Ltd. IPO is SANIMA 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 Neco Insurance Ltd. from MeroShare?
Answer: You can check the IPO result from the MeroShare IPO Result website. Select Neco Insurance Ltd. in the company name field, enter your 16-digit BOID number, and click "View Result".
Question 5: When will IPO of Neco Insurance Ltd. open in MeroShare?
Answer: The IPO of Neco Insurance Ltd. will be open in MeroShare on 2025/02/20 at 10 AM.
Question 6: What is the expected opening range of Neco Insurance Ltd. IPO?
Answer: The expected opening range of Neco Insurance Ltd. IPO is Rs to Rs 0. However, actual prices may vary.
Question 7: What is the Net Worth of Neco Insurance Ltd.?
Answer: The Net Worth of Neco Insurance Ltd. is at the time of IPO issue.
