Save money! Jyoti Life Insurance got permission from the board to bring an IPO

 

Jyoti Life Insurance Company Limited has received permission from the regulatory body Nepal Securities Board (Cebon) to issue ordinary shares (IPO).

The Securities and Exchange Board of Nepal (SEBON) has granted permission to issue 6.6 million ordinary shares (IPOs) at a face value of Rs 100 per share, and to issue IPOs on Friday.

NMB Capital Limited will act as the issue and sale manager to make the ordinary shares of the company public.