Kathmandu. Ordinary shares (IPO) of Jyoti Life Insurance Company Limited will be open for sale from 23 Falgun 2077 (2021 March 8). The company is about to sell 6.6 million IPOs worth Rs 660 million. Out of the total, 333,000 units at the rate of 5 percent have been reserved for the employees of the company and 5 percent for the collective investment fund and the remaining 59.40 million units are about to be brought out for public issue.

There is a provision to apply for a minimum of 10 lots and a maximum of 66,000 lots. The IPO sales manager is NMB Capital.