NLG Insurance Company (NLG) is issuing 60% right shares i.e. 3,842,437.50 units at par of Rs.100 to raise capital worth Rs.38.42 Crore. The issue is open from Falgun 22, 2076 to Chaitra 12, 2076. As per recently amended regulation by SEBON now right shares issue will open just for 21 days. The book closure date for the issue was on Magh 27, 2076.
Laxmi Capital Market Limited has been appointed as the issue manager.
ICRA Nepal has assigned [ICRANP] IPO Grade