Jyoti Life Insurance Company Limited will be issuing IPO for general public. Security board of Nepal (Sebon) has approved Ipo of Jyoti Life Insurance Company Limited.
The company will be issuing 66 lakh units worth 66 crore for general public which is 30% of issued capital.
NMB Capital limited has been appointed as issue manager.
Currently, its paid up capital stands at Rs. 1.54 arba. After IPO issuance paid up capital will reached to 2.20 arba.