sun nepal life insurance ipo resultsun nepal life insurance ipo result

If you are wondering about the IPO result date of Sun Nepal life Insurance Company, we will make you clear that CDS and clearing limited is going to publish the result of IPO allotment 1st September. Sun Nepal Life Insurance is one of the reputed insurance company of Nepal.

The corporate office of this insurance company is located at New Plaza, Putalisadak Kathmandu. After the allotment of IPO, NEPSE will listed this company to the secondary market.

IPO Approved Date2080-03-19
IPO Open DateA2023-08-17
IPO Result Date2023-09-01
IPO Closing Date2023-08-21 
Details of Sun Nepal Life Insurance IPO

Sun Nepal Life Insurance IPO Result Date

The company is preparing to publish the IPO allotment result probably on first week of September. This company issued 7680000 units IPO to the general public. There was the limitation that the general public were able to fill from 10 units to maximum 20000 units.

Allotment of Shares of Sun Nepal Life Insurance

Company will publish IPO result via. lottery system. The application for this IPO is very higher than the issued shares.

Name of CompanySun Nepal Life Insurance
AvailableFor General Public
No. of Share Registered32,000,000
Amount of Shares Registered3,200,000,000
Public Issue Size9,600,000
Public Issue Amount2,227,680,000
% of Issued Capital30.00%
Promoter Share Registered Amount2,240,000,000
% of Issued Capital70.00%
Issue ManagerNepal SBI Merchant Banking Ltd
Date of Approval2080-03-19
Issue Open Date2023-08-17 at 10:00 AM
Issue Close Date2023-08-21 at 5:00 PM
No. Of Share Issued7680000
Established2074 B.S.
HeadquartersNew Plaza, Kathmandu
Minimum Quantity10
Maximum Quantity20000

How to Check the IPO Result of Sun Nepal Life Insurance?

Meanwhile, Applicants has the major three Options to check result. First, the applicants can view their result at the official website of Nepal SBI Merchant banking limited. Second, the applicant are also able to check their result at CDS and clearing limited website. Third, the mero share will show the result at the application status menu.


As we know that the company will publish IPO allotment result at 1st week of September. After that if you got IPO, your amount will be deducted from your account otherwise bank will refund your money. So would like to give adavance congratulations to all the IPO alottee.


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