Kathmandu. Prabhu Life Insurance Company will open IPO sale from Monday 14th November 2020 (2077 Mansir 29) . The company is about to open 6 million IPOs worth Rs 600 million.

 Out of the total allocation for the general public, 5 percent or 300,000 units has been allocated for the employees of the company and 5 percent for the collective investment fund.

Applications can be submitted for a minimum of 10 lots and a maximum of 5,000 lots for the purchase of this IPO, which will be on sale till early December 2 and late December 13. The IPO sales manager of this company is Siddhartha Capital.

There is an arrangement to apply through the sales manager along with all the banks and financial institutions participating in C-ASBA service and the branch offices of the three. You can also apply for this IPO through Mero Share software. Prabhu Life's IPO has been given an ICRA NP IPO Grade 4 rating by ICRA Nepal which is weaker than the basic aspect average.