Today is the Last Day to Apply for Guardian Micro Life Insurance IPO

Today is the final day to apply for the Initial Public Offering (IPO) of Guardian Micro Life Insurance Company.

In the first phase, the company had already issued 10% (225,000 shares) of its IPO to Nepalis working abroad. In the second phase, the company has issued 1.845 million shares to the general public at a face value of NPR 100 per share.

Applicants can apply for a minimum of 10 shares and a maximum of 100,000 shares. Earlier, the company had received approval to issue a total of 2.25 million shares, equivalent to NPR 225 million, which represents 30% of its issued capital of NPR 750 million.

Interested investors must submit their applications within today’s office hours.