Jyoti Life shares on trading from today; What’s the opening price of the share?

Kathmandu, April 7

Jyoti Life Insurance Company Limited shares are being traded from today. The insurance company has recently issued an IPO.

NEPSE at the Special Precision today, has specified opening range of shares at Rs. 360. Nepse had set a range of Rs. 120.29 to Rs. 360.87 for the company’s initial trading. Shares of the company will now be traded through the JLI signal. A total of 2 crore 20 lakh shares, including 1 crore 54 lakh founder shares of Jyoti Life Insurance, were listed in Nepse on Tuesday.

The company has issued IPO to the public from Falgun 21 to Falgun 26. Out of the total 66 lakh shares allotted to the public by the company, only 59 lakh 40 thousand shares have been issued to the public. Out of the total, 333,000 at the rate of 5 percent has been reserved for the employees of the company and 5 percent for the collective investment fund.