10 units IPO of Jyoti Life Insurance Company Limited; high chance of lottery

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10 units IPO of Jyoti Life Insurance Company Limited; high chance of lottery

Jyoti Life Insurance Company Limited IPO issue from Falgun-21, 2077. The early closing date of this IPO issue is on Falgun-26, 2077. Applications can be placed for a minimum of 10 units and a maximum of 66,000 units.  if the issue is not subscribed till Falgun-26 then this issue can be extended up to Chaitra-06, 2077.

Jyoti Life Insurance Company Limited issuing 6,600,000 units of ordinary shares worth Rs. 66 crores to the general public. NMB Capital Limited has been appointed as the issue manager for the IPO issuance.

The paid-up capital will reach Rs. 2.20 Arba after the issuance of the public shares. After the IPO issue; public holding will be 30% and promoters holding will be 70%.

Source: sharesansar

Read Also: IPO Alert: Jyoti Life Insurance(JLIC) Will Open Earlier 2077

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