Jyoti Life Insurance IPO result date | 594000 applicants to get IPO

jyoti life insurance ipo

Jyoti Life Insurance Company’s IPO has set a new record of the highest applications ever in Nepal. The company’s IPO has received the highest number of applications. 18,04,648 applicants have applied for 38,057,610 units of IPO shares, which is a record high. According to the Sales Manager NMB Capital, The IPO allotment of Jyoti Life Insurance Company Limited will be concluded on Friday ( Chaitra 13 ). Applicants can check the Jyoti life insurance IPO result very soon.

Since Falgun 21 ( फागुन २१ ), Jyoti Life has issued 6.6 million IPO shares worth Rs 66 crore. Of this, 5% or 333,000 units were secured for collective investment funds and 333,000 units for employees. The IPO was open to the public from Falgun 21 ( फागुन २१ ) – Falgun 26 ( फागुन २६ ).

Earlier, 1.54 million people had applied for Mahila microfinance IPO. But Jyoti Life Insurance’s IPO has set a new record with over 1.8 million applications. IPO application was open for a minimum of 10 units and a maximum of 66,000 units. CARE RATING NEPAL has given a rating of CARE NP BBB for IPO. It indicates that the company’s financial condition is strong and safe to meet financial obligations on time.

NMB Capital is the sales manager for the IPO issue. After the IPO sale and distribution, the company’s paid-up capital will reach Rs 2.20 billion.

How to check Jyoti Life Insurance IPO result?

Jyoti Life Insurance IPO result date is confirmed. The IPO allotment of Jyoti Life Insurance Company Limited will be concluded on Friday ( Chaitra 13 ). Keep checking the article for result check. IPO results can be checked with these four websites. 1) CDSC IPO result Website (2) NMB Capital IPO Result (3) Jyoti Life Insurance Company website (4) Mero Share account.

1) IPO Result from CDSC Website

CDSC has launched a new website iporesult.cdsc.com.np for publishing IPO result only. Investors can check all the IPO results on this website. The website is designed to handle the IPO results of millions of Nepalese investors, they can check IPO results quickly and securely.

ipo result check
  • Type iporesult.cdsc.com.np on Browser, Press enter.
  • Select the company Name
  • Enter your 16 digit BOID number and click the View Result button.
  • Now, You will get the result, Allotted or not.

2) Result With NMB Capital Website

ipo result jyoti life
  • Go to NMB Capital official website.
  • Go to IPO result Page
  • Select the Company Name
  • Enter your Full Name
  • Enter your Demat Account ( BOID number)
  • Then, Press the Submit button.
  • That’s it, check the result, Allotted or not.

3) Click Your IPO result by Meroshare

  • Login to Mero Share account
  • Go to My ASBA page
  • Click to Application Report Page
  • Select a company and Click the report button
  • Check allotted or not.
  • Now, You can see the result.

4) Result with Jyoti Life Insurance Website