IPO Result: Guardian Micro Life Insurance Published

Guardian Micro Life Insurance Limited (GMLIL) IPO Result has been published on 2081, Magh 6 (19th January 2025) on the premises of the issue manager Kumari Capital Limited, Naxal.

According to CDS & Clearing LTD report a total of 184,000 individuals will receive shares, while 1,723,931 people were left without any allocation.

You can check your Initial Public Offering result of GMLIL after 10:00am.

Check Share Allotment Breakdown

CategoryUnits AllocatedPercentage of Total
Nepalese Citizens Working Abroad2,25,00010%
Company Employees67,5003%
Mutual Funds1,12,5005%
General Public18,45,00082%
Total22,50,000100%

Not sure how to check your IPO result click here for step by step process.

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GMLIL IPO result

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A total of 22,50,000 shares were allocated in a recent public offering. Of this, 2,25,000 units (10%) were reserved for Nepalese citizens abroad, 67,500 units (3%) for company employees, and 1,12,500 units (5%) for mutual funds. The remaining 18,45,000 units were offered to the general public at a par value of Rs. 100 per share.

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