Jyoti Life's IPO to open on Falgun 21

Kathmandu. 

The IPO of Jyoti Life Insurance is scheduled to open on Falgun 21. The IPO issuance date of the company, which was earlier scheduled for Falgun 23, has been changed to March Falgun 21.

The company is issuing 6.6 million shares at the rate of Rs. 660 million; Out of which 333,000 shares have been secured for collective investment funds and 333,000 shares have been secured for the employees of the company and the remaining 5,940,000 shares have been allotted to the public.

The general investors will be able to apply till Falgun 26 for the shares of the company which will be opened from Falgun 21. General investors will be able to apply for a minimum of 10 kitta and a maximum of 66,000 lots in the company's share investment.